RFgen

AUGUST 10, 2023

Inventory management is no exception. Today’s digital supply chain makes manual inventory control obsolete. When first implementing digital inventory technology, many organizations consider a warehouse management system (WMS). Ensure proper ordering, inventory planning, and process scalability.

Real-time Visibility 81

Real-time Visibility Inventory Management Software Supply Chain Planning Software Inventory Reduction 81

Arena Solutions

MARCH 21, 2023

COVID-19 also highlighted the dangers of what happens when you have lean supply chains, as many brands found out fast by running out of inventory and not keeping pace with customer demand. Using renewable energy sources that can create long-term sustainable energy consumption.

Manufacturing Procurement 80

Manufacturing Procurement Waste Reduction Resource Reduction Material Savings 80

Unleashed

OCTOBER 4, 2021

Here we break down the inventory management strategies of seven successful manufacturers and retailers around the globe. These examples show there isn’t a benchmark inventory management strategy that trumps all others.

Inventory Reduction 97

Inventory Reduction Vendor Strategies Inventory Management Software Waste Reduction 97

Supply Chain Shaman

FEBRUARY 7, 2022

Overall lead times from North America to Asia took 17 days longer than from Asia to North America, or 25% longer. Source E2open Shipping Index). We started the conversation with sourcing. Lucas had a team that dictated sourcing based on excel spreadsheet analysis to reduce cost and improve tax efficiency.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Synovos

DECEMBER 5, 2023

They were a new company that had taken over an existing manufacturing plant and lacked the infrastructure needed to keep the facilities in good working order, whether that was buyers to order parts or an accounts team to manage the purchasing process. How much inventory do you want to carry versus the impact of being down for hours or a day?

Manufacturing Procurement 52

Manufacturing Procurement Food Purchasing Skills Supply Chain Software 52

Logistics Viewpoints

MAY 19, 2023

That assessment comes as a result of 10 months of subdued demand, inventory de-stocking, and high interest rates, the New Jersey-based company said in its “The GEP Global Supply Chain Volatility Index.” The logistics provider has already deployed 3,000 AMRs globally with over 2,000 in North America.

Logistics Network Optimization Software 210

Logistics Network Optimization Software GEP Logistics Florida 210

ToolsGroup

MAY 18, 2022

Data also shows that half of US states are experiencing out-of-stock rates between 40% and 50%: Image source: Flipboard. This made it incredibly difficult for manufacturers to accurately gauge the market size for production. Image source: Sturgis Journal. A Limited Number of Formula Manufacturers.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Planning Software Pricing Training Purchasing Skills 156

Logistics Viewpoints

FEBRUARY 4, 2022

Sam’s Club rolling out inventory accessory for cleaning robots. The Uyghur Forced Labor Prevention Act adds a presumption under the US Tariff Act that goods sourced from or produced in Xinjiang—home to many of China’s Uyghur and other Muslim minority populations—are made with forced labor. UPS Q4 earnings jump 35 percent.

Logistics Network Optimization Software 188

Logistics Network Optimization Software Logistics New Jersey North America 188

Logistics Viewpoints

AUGUST 7, 2023

Cardinal Health, a global manufacturer and distributor of medical, surgical and laboratory products, is focused on continuous improvement of service. The Cardinal Health Supply Chain Cardinal Health’s medical segment manufactures, sources and distributes Cardinal Health branded medical, surgical and laboratory products.

Supply Chain Planning Software 175

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Modeling Software 175

Supply Chain Matters

MARCH 29, 2022

The Supply Chain Matters blog highlights this week’s announcement from athletic footwear designer and manufacturer New Balance of the grand opening of this company’s fifth production facility in North America. was more expensive, New Balance Chairman , Jim Davis provided a strong commitment to localized manufacturing.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Sourcing Strategies Expense Reduction 52

Logistics Viewpoints

AUGUST 22, 2023

The paradigm is shifting from foundational visibility to real-time decision-making, with positive implications for supply chain teams spanning sourcing & procurement, to production, to yard & DC operations and beyond. Some examples: Procurement and Co-manufacturing : What is the impact of inbound transportation issues on materials?

Real-time Visibility 185

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 185

Logistics Viewpoints

MARCH 10, 2021

In North America, that initial impact started with the offshore suppliers closing and they were unable to fulfill orders. There is a focus on alternate sourcing and substitution options. ToolsGroup helps companies maintain or improve target service levels while minimizing inventory.

ToolsGroup 146

ToolsGroup Supply Chain Planning Software Supply Chain Planning Scenario Planning 146

Supply Chain Matters

MARCH 2, 2023

Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. Morgan Manufacturing PMI® , compiled by S&P Global in association with ISM and IFPSM , halted a consecutive five-months of contraction levels to that of no-change. The S&P Global US Manufacturing PMI® had a February value of 47.3,

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Optimal Sourcing 52

Enterra Insights

JANUARY 4, 2023

It is not just US tool manufacturers that are affected. The goal is to set China’s chip manufacturing industry back by at least a decade.”[4] What happened instead was massive theft of intellectual property, huge trade deficits, the hollowing out of the middle class in Europe and North America, and the rise of nativist politics.”

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 130

Logistics Viewpoints

MARCH 29, 2021

Run” will include using the platform for inventory optimization and to support interesting internet-of-things (IoT) and artificial intelligence (AI) projects. HarbisonWalker International Manufactures and Distributes Refractory Products. The sourcing centers are key to just-in-time, same-day, next-day deliveries.

Optimal Sourcing 157

Optimal Sourcing Innovation Manufacturing Procurement Supply Chain Planning Software 157

BlueYonder

OCTOBER 6, 2023

Breaking Down Barriers Between Planning, Procurement and Logistics: The existence of isolated supply chains between procurement, planning, and logistics can lead to latency, reduced responsiveness, expedited processes, excess inventory, and substantial inefficiencies.

Waste Reduction 81

Waste Reduction Inventory Reduction Automotive Cost Reduction Strategies 81

Supply Chain Matters

JUNE 17, 2022

This survey of a reported 750 CEO’s and other C-Suite executives was conducted in May 2022, among executives based in North America , Latin America , Asia and Europe. Inventory Management Assessment- Samsung Electronics. Samsung ’s inventory balances reportedly reached the equivalent of $36.9 cyberattacks.

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 52

Supply Chain Brain

AUGUST 21, 2020

What does best-in-class forecasting and inventory management look like? Now in its ninth year, E2open’s 2019 Forecasting and Inventory Benchmark Study is the most consistent, comprehensive and useful study of its kind.

Forecasting 40

Forecasting Benchmarking Study Inventory Reduction 40

ToolsGroup

APRIL 1, 2022

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Logistics Viewpoints

SEPTEMBER 28, 2021

Raw materials are in short supply, many manufacturers have temporarily mothballed production lines, transportation costs are rising, and labor is getting tight on our roadways , railways and ocean vessels. Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility.

Rail Software 188

Rail Software Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 188

RFgen

JULY 6, 2014

As the welcoming manufacturing climate in China has seemingly eroded over the past several years, organizations hoping to take advantage of the country’s low cost of production have increasingly decided to look elsewhere. Rhythmlink will also develop manufacturing operations in the U.S. On top of this, many U.S.-based

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Management South Carolina 52

RFgen

JULY 6, 2014

As the welcoming manufacturing climate in China has seemingly eroded over the past several years, organizations hoping to take advantage of the country’s low cost of production have increasingly decided to look elsewhere. Rhythmlink will also develop manufacturing operations in the U.S. On top of this, many U.S.-based

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Management South Carolina 52

QAD

MARCH 31, 2020

It’s a niche industry, but also one of the cornerstones of discrete parts manufacturing. They’re complex machines assembled from thousands of parts, many purchased from highly specialized manufacturers. ANCA builds their machines in Australia but these precision components are sourced from around the world.

Manufacturing Procurement 118

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement 118

Logility

OCTOBER 7, 2021

Possessing a core Product Lifecycle Management (PLM) and Supply Chain competency, our professional services organization is one of the largest dedicated implementation practices in North America made up of proven certified consultants. About Logility.

Logility 130

Logility Supply Chain Planning Software Analytics Software Optimization Software 130

Logistics Viewpoints

JULY 9, 2021

Prime Minister Yoshihide Suga said it was essential to prevent Tokyo, where the highly infectious Delta COVID-19 variant was spreading, from becoming the source of another wave of infections. Restaurants, bars find suppliers’ inventories are running dry. As a result, the Olympics will take place without spectators.

Logistics Network Optimization Software 165

Logistics Network Optimization Software Logistics Price Reduction Finland 165

IQMS

JULY 2, 2018

72% of manufacturers say real-time monitoring is essential for streamlining and making inventory reconciliation more efficient. 72% of manufacturers say real-time monitoring is essential for streamlining and making inventory reconciliation more efficient.

Manufacturing Procurement 71

Manufacturing Procurement Optimal Sourcing Manufacturing Inventory Reduction 71

Logistics Viewpoints

NOVEMBER 7, 2022

For supply chain executives, this is a good time to start contemplating stock keeping unit (SKU) reductions (reducing the number of products and product variations manufactured). Inventory write downs are common. It is not just US tool manufacturers that are affected. The signals tend to lag what is happening in the market.

Supply Chain Planning Software 211

Supply Chain Planning Software Supply Chain Design Software Vendor Strategies Supply Chain Software 211

ToolsGroup

AUGUST 20, 2019

Now Gartner reports that SCP BPO is gaining traction ( Market Guide for Supply Chain Planning BPO or BPaaS, 29 July 2019 ), particularly in North America and Europe. Gartner says that the most common outsourced SCP processes are inventory management, statistical forecasting and service parts planning. versus $4.84 For example ….

Supply Chain Planning Software 214

Supply Chain Planning Software Supply Chain Planning Gartner Supply Chain Software 214

Logistics Viewpoints

JULY 18, 2022

The company sources goods from 34,000 suppliers out of 30 nations. The goods flow through 2 import centers, 14 strategically located distribution centers in North America, 66 final mile shipping hubs, and nearly 1,700 branch locations. 22,000 containers move annually through 53 ports. Across the US, Ferguson has 6.5

Supply Chain Design Software 220

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Network Design Software 220

Supply Chain Shaman

APRIL 26, 2018

In attendance are manufacturing representatives from BASF, BerryGlobal, Corning, Covestro, Grace, Evonik, Intel, Monsanto, and Smith’s Detection. Technologists and manufacturers working together to try to define multi-tier processes to redefine B2B. There is an active group in Europe and North America. The reason?

Supply Chain Network Software 183

Supply Chain Network Software Network Optimization Supply Chain Software Optimal Sourcing 183

Supply Chain Shaman

MAY 31, 2014

Manufacturing teams used to manage the supply chain group. Today, in most organizations, the supply chain team manages manufacturing. The irony is that fewer and fewer people within the supply chain team understand manufacturing. Instead, many of these teams just accept manufacturing strategy as a constant.

Supply Chain Planning Software 265

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Supply and Demand 265

The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

By improving coordination and management of suppliers, which includes manufacturers, logistics providers and even customers across vast geographies, resilient supply chains minimised the ripples of shocks and disruptions. These include Inventory vs. Service; Local vs Global Sourcing; Multiple Depots vs. Single Distribution Centre.

Supply Chain Planning Software 245

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Agile and Lean Supply Chain 245

Logistics Viewpoints

JUNE 21, 2021

This company owned the brands, but they used contract manufacturing partners to produce the goods in China. They then sold their goods mostly in North America. Can they reduce the number of stock-keeping units they carry and spend less on inventory? Then Covid-19 hit and much of their demand disappeared.

Agile and Lean Supply Chain 133

Agile and Lean Supply Chain Cost Reduction Strategies Inventory Reduction Forecasting 133

Logistics Viewpoints

APRIL 8, 2022

Chipotle Mexican Grill says its goal to source and sell chicken that’s certified as humanely raised has been delayed because its suppliers weren’t able to make the necessary changes without disrupting supply. And new data suggests Mexican suppliers are gaining ground as manufacturers reset their supply chains amid growing global disruptions.

Logistics Network Optimization Software 207

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Network Software Demand Planning Software 207

Supply Chain Matters

AUGUST 15, 2022

In a reported effort to cut additional costs and increase needed cash flows, the provider announced intentions to cut upwards of 800 jobs within its North America support teams and eliminate its company operated warehouses. based manufacturing strategy, with a decision to source manufacturing at a CMS provider located in Taiwan.

Inventory Reduction 52

Inventory Reduction Customer Service Price Reduction Cost Reduction Strategies 52

Logility

MARCH 13, 2020

A retail industry analyst said the clients he is speaking with are scrambling around focused on near-term tactics to find inventory to place on shelves and serve consumer needs. Where will you place that inventory? These are questions everyone from manufacturing to retail must analyze now. The responses vary quite a bit.

Modeling 211

Modeling Scenario Planning Supply Chain Planning Software Modeling Software 211

Supply Chain Shaman

SEPTEMBER 13, 2018

North Carolina, South Carolina, Virginia and Georgia sit squarely in the storm’s path. Each state has a rich manufacturing economy. To prepare, stratify your suppliers into strategic, single source and high volume flows. Expect tight capacity across North America. The implications are far-reaching.

Optimal Sourcing 181

Optimal Sourcing Supply and Demand Manufacturing Procurement South Carolina 181