article thumbnail

Industry Transformation: Advanced Manufacturing and Digitalisation of Supply Chain-Logistics

The Logistics & Supply Chain Management Society

The Covid-19 pandemic severely exacerbated the shock to the Global economy.Global and Regional Trade and related Supply chains experienced unprecedented disruptions. The pandemic exposed major supply chain vulnerabilities affecting the Manufacturing, Industrial Logistics , Commercial sectors as well as Food Security challenges.

article thumbnail

Inventory Everywhere, But Not the Right Product to Ship

Supply Chain Shaman

Despite investments in planning, today, industries hold 28 more days of inventory than in 2004. Note that in Figure 1, retail home improvements days of inventory increased 68 days, contract manufacturing days increased 48 days, retail apparel by 28 days, and containers and packaging manufacturing companies by 14 days.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Transversing the Paradox River

Supply Chain Shaman

Definition As I follow the evolution of supply chain technology, I am struck by what I see as a stream of paradox and anomaly, and the tendency of supply chain leaders to cling to convention. Leaders in building supply chain capabilities on graph technologies are failing to drive break through process innovation.

article thumbnail

A Very Agile Supply Chain: The Inside Story of AGCO’s Response to COVID-19

Logistics Viewpoints

AGCO is a supply chain success story. This is the inside story of AGCO's response to the pandemic and how they developed such an agile supply chain. This global manufacturer of agricultural equipment began their journey to improved supply chain resiliency in 2004. Agility does not just happen.

article thumbnail

My Lessons in Interviewing Supply Chains to Admire Award Winners

Supply Chain Shaman

In business conversations, the term supply chain excellence rolls off the tongue frequently in meetings, but what does it mean? Supply chain excellence is harder to define than to say. We designed the Supply Chains to Admire Methodology to help companies define supply chain excellence.

article thumbnail

20 Years of Outsourcing Come Back to Haunt Boeing

Logistics Viewpoints

The outsourced R&D, in turn, supported outsourced manufacturing with over 50 key suppliers. Boeing is now a case study in how not to outsource a supply chain. The Dreamliner program was launched in April of 2004 with an order for 50 aircraft from All Nippon Airways. Quality issues have recently bedeviled Boeing.

article thumbnail

A Story of Throwing the Baby Out With The Bathwater in Supply Chain Planning

Supply Chain Shaman

In 2004, I worked with a Midwest North American meatpacker to help define its supply chain strategy. The answer changes day-to-day and requires an optimization engine to measure market potential and align the supply chain to market demand while minimizing scrap. What do I mean? To illustrate, let me share a story.