article thumbnail

Vendor Managed Inventory? Think twice and consider the risks!

Supply Chain View from the Field

Historically, businesses have used one of two extremes for inventory management: push-based or pull-based. Push-based inventory management uses demand forecast to manage inventory and replenish from the supply base. Inventory levels actually increased at downstream (buyer) facilities.

article thumbnail

Multi Currency ERP for Small Businesses – EMERGE App

EMERGE App

World exports of manufactured goods increased from US$ 8 trillion in 2006 to US$ 11 trillion in 2016. Developing countries make up the bulk of suppliers and manufacturers today. They have a comparative economic advantage: lower wage costs, specialized design and manufacturing skills, and a finely-tuned supply chain.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Collaboration? When It Comes to Cash-to-Cash, We Don’t Know How to Walk the Talk

Supply Chain Shaman

Note the elongation of the cash-to-cash cycle in the chemical industry of 38 additional days when comparing the 2014-2019 averages to the pre-recession period of 2004-2006. We need to actively design inventory buffers; yet, only 9% of companies actively design their supply chains. It is worse in some industries. My takeaway?

article thumbnail

7 Best Supply Chain Books of All Time

Supply Chain Opz

Obsolete and out-of-print books are not included. Editor's decision is used to finalize the list of the best books. - The links below are #paid links. What we see is that librarian staffs tend to buy shorter textbooks more than standard textbooks. References - Moed, H. Citation analysis in research evaluation (Vol. & Tang, C.

article thumbnail

Here’s Why B2B eCommerce Will Be So Important in 2022 

Unleashed

Read more: Try the eCommerce inventory management software that unleashes your growth What is B2B eCommerce? Shopify was founded in Canada in 2006, and since then has become Canada’s largest publicly traded company by market capitalisation – which gives you an idea of how eCommerce has flourished in recent years.

article thumbnail

Epitaph

Supply Chain Shaman

In the beginning, the inventory management solutions of LogicTools , Optiant and SmartOps pushed to take operations research to a new level through supply chain optimization. SmartOps entered the supply chain optimization market in 2000 and became an SAP partner in 2006. Inventory is now the primary supply chain buffer.

article thumbnail

How Do You Define a Mature Supply Chain Planning Organization? (Part 1)

Supply Chain Shaman

In 2006, they made a decision to implement a supply chain planning solution. Manufacturing is designed and planned in isolation. Recognition of constraints and the management of floating bottlenecks. Management and planning of the entire network against a value network strategy. Manufacturing. Tactical Supply.