Dreaded Shrinkage: Bottomless Pit or Grave?

Supply Chain Network

While no fraud investigation should presume guilt, the root-cause analysis as to the reasons for the inventory shrinkage should include the possibilities of uncovering fraud. The affects of inventory shrinkage include: - Inaccurate inventory counts. Raw Materials not available for manufacturing. SHRINKAGE: BOTTOMLESS PIT OR GRAVE?

Global Cargo Monitoring / Cargo Tracking: Networked Supply.

Global Trade Management

Sunday, 25 November 2007. As manufactures and retailers increasingly depend on extended rosters of sourcing companies, the resulting networked supply chain requires improved visibility. The ability to in real time identify the location and status of the sourced goods gives the importer the ability to fine tune its distribution channels, its inventory management and its ability to fulfill commitments to its end users. Monday, December 03, 2007 8:01:00 am.

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Four Strategies To Deploy As Supply Chain Hits Main Street

Supply Chain Shaman

Meanwhile, turbulence is the norm for manufacturing supply chains. When the recession of 2019-2020 happens, the whiplash will be higher than the 2007 recession. A few solutions optimize distribution and tactical manufacturing supply together through in-memory modeling.

How can innovative Manufacturers utilize Route Optimization Software?

Abivin

Benefits of Route Optimization Software for Manufacturers There can be many advantages of using route optimization software in the companies. How can Manufacturers utilize Route Optimization Software? Manufacturers can either pay for the software and provide it to distributors.

6 Strategies for Better Supply Chain Management in the Current Economy

Oracle SCM

The years from 2007 through 2009 were notable for their economic volatility, reflected not only in the global economic recession but also the instability of customer demand and rapid movement in raw material, fuel, and commodity prices. By Maha Muzumdar.

2020 Requires Big Wings and Feet

Supply Chain Shaman

The number one question that I am asked today by manufacturers across all industries is “How can I improve customer service?” Granular data by volume is a must to be able to manage replenishment, network design, and inventory targets. It has been awhile.

Walmart: 3 Keys to Successful Supply Chain Management any Business Can Follow

Cerasis

Walmart would not have the ability to provide such low prices and have consistent inventory in the over 5,000 stores in the United States and over 1.3 The retailer also instituted cross-docking at its warehouses, a method that moves inventory directly from arriving or departing trucks.

VTech: A Story of a Supply Chain Leader

Supply Chain Shaman

Inventory Turns. Better performance in inventory turns than the peer group average for the period studied. Orbit Chart of VTech for the Period of 2006-2015 at the Intersection of Operating Margin and Inventory Turns . Our phrase, at the time, was “inventory kills.”

Welcome 2019

Supply Chain Shaman

The teams in these seats did not experience the down market in 2007 or the start of the market run in 2009. Companies cannot save their way to supply chain excellence with cost-cutting and inventory management — customer back capabilities. Digital Manufacturing Success.

Have You Given Your Planner Love Today?

Supply Chain Shaman

In Figure 1, note the lowest satisfaction is Generation X (birth years of 1965-1980) in manufacturing organizations. It took six months for supply chain executives to sense the market downturn of 2007 and make adjustments to their supply chain.

Can Co-opetition Save your Company?

Elementum

The difference between BlackBerry in 2007— with a net worth of US $40B and BlackBerry in 2013—willing to be sold for a measly a tenth of its 2007 figure—has a lot to do with a failure to identify and deal with its competitors in the correct way. In 2007, it released the Kindle.

Ooh, Scary Stuff, Kids. Tales from the Supply Chain Crypt.

Kinaxis

Fortunately, Libby’s, which has an estimated 80% of the canned pumpkin market, had enough canned inventory to make it through Thanksgiving. Maintaining two inventory streams, including a Wal-Mart dedicated one, was costly for suppliers.

Origin of Logistics & Supply Chain Revealed! - SupplyChainOpz

Supply Chain Opz

Here at resupply points, inventory was stored for up to 8 days. Larson et al 2007 indicated that, based on a literature review, there are 4 types of interaction as below, Reproduced from Larson et al 2007. (1) NAVIGATE. Basics. Case Studies. Graphics. All Posts. About. Copyright.

Building the Network of Networks

Supply Chain Shaman

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.

Becoming a High Performing Sense and Respond Enterprise: End-to-End Supply Chain Visibility is Key

Talking Logistics

The flow of supplies, finished goods, and information are widely distributed, presenting significant challenges across a manufacturer’s entire supply chain network of customers, suppliers, and logistics providers. Decrease of inventory on stock from just over 10 days to fewer than seven days.

The Role of Technology in the Logistic Industry’s Evolution

BluJay Solutions

Twenty years ago, the Logistics division of UPS in Europe developed a platform combining order management, inventory management and cross docking along with transportation management. This single system was ‘bonded’ by the Dutch Customs authority under an innovative licensing arrangement that had recently been introduced by the EU, enabling any orders or inventory in the system to be effectively ‘in bond’ irrespective of location, including while in transit.

Supply Chain Operating Networks Create Supply Chain Rockstars

Talking Logistics

With digital business-to-business (B2B) enhancements, industrial manufacturers can find prospective customers, research new suppliers, alert buyers to shipping delays and foster deeper trading partner relationships.

Sales and Operations Alignment: Often The Missing Link

Supply Chain Shaman

I first met Shane in 2007 at the beginning of his work with Syngenta’s value chain. Orbit Chart Comparing Syngenta and Monsanto Progress on the Effective Frontier – Balancing Inventory Turns and Operating Margin for the Period of 2005-2014.

Supply Chain Opportunities in China

Supply Chain Movement

China is not only an attractive market in terms of sourcing and manufacturing but also for the sale of goods due to the rapid growth of its middle class. Companies that have already got a manufacturing base in China are not necessarily at an advantage, as Bugaboo’s story illustrates.

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Will the Downturn Signal an Upturn?

Supply Chain Shaman

Vendor Managed Inventory processes–once hailed as the panacea of demand sensing–largely operate in isolation within sales organizations (of the thirty-three organizations that we interviewed last year, no market leader has connected these demand signals). Volatility.

“You’re Only as Good as Your Worst Supplier”

Talking Logistics

in an effort to streamline its supply chain as it prepared to ramp up manufacturing…UPS said last year it would set up a logistics center in Londonderry, N.H., When I started my career at Motorola in the early 90s, I worked in a group called People Reaching Out for Innovation in Semiconductor Manufacturing, or PRISM for short. “People always ask, ‘What’s the one thing that keeps you up at night?’ ” United Technologies Chief Executive Greg Hayes said last month. “It’s

Is A Customer-Centric Strategy the Same as Demand-Driven? Outside-In?

Supply Chain Shaman

A Demand-Driven Value Network as defined by AMR Research in 2007: A network that senses demand with minimal latency to drive a near real-time response to shape and translate demand. The focus is on channel data: price; inventory positions; and policies. It was an early morning.

Evolution of the Warehouse: How it Adapted to E-Commerce and New Technology Trends?

AFFLINK

Coronado added that e-commerce will impact distribution networks as much as companies building manufacturing plants in foreign nations to save money affected the networks in the past. Today’s Warehouses Are Much Different Due To E-Commerce.

Unilever and Colgate: Two Bookends?

Supply Chain Shaman

Consumer packaged goods (CPG), food and chemical manufacturers are stuck and pharmaceutical and industrial companies are losing ground and moving backwards. If the definition is the balancing of costs and inventory, the winner is Colgate.

Will Warehouses Eventually Go Dark?

Enterra Insights

These growing expectations have put pressure on retailers to locate inventory closer to large consumer populations. Mark Brohan ( @markbrohan ) explains, “As business-to-business and business-to-consumer e-commerce continues to grow, manufacturers, distributors web merchants and others are going to be competing for more modern warehouse space.”[4] Today’s warehouses are 143% larger than they were in 2007.

Supply Chain Planning and an Uncertain Economy

Arkieva

Dale Davidson, famed economist who predicted the economy collapse of 1999 and 2007 warns, “Don’t imply that a 50% collapse is looming – it’s already at our doorstep.” Too much inventories placing pressure on cutting prices to retain sales.

Household Products Industry Stuck in Neutral and Going Backwards

Supply Chain Shaman

Both Kimberly-Clark and P&G are going backwards on operating margin while making progress on inventory turns. As the company spiraled in the updraft of the market, it built inventory. billion in inventory charges in April 2001. I was on my way to Peru.

Building Outside-In Processes

Supply Chain Shaman

I am a manufacturing gal by training. It pains me to see nine out of ten companies are stuck at the critical intersection of cost and inventory turns. For example, in the recession of 2007, DuPont missed the downturn in the market.

Major Trends Impacting the Pharmaceutical Supply Chain Ecosystem

Supply Chain View from the Field

A senior executive at a large pharmaceutical manufacturing company spoke on this issue recently, and mentioned several of these trends – and his words spell out a very different ecosystem than the one your mom and dad experienced… First, the number of prescriptions has significantly increased. Looking at global figures, growth in the consumption of drugs has increased 32 percent from $735 billion in 2007 to $965 billion in 2012, and consumption is projected to reach about $1.2

3 Mini Case Studies: Successful Supply Chain Cost Reduction and Management

Logistics Bureau

Deere & Company (brand name John Deere) is well known for the manufacture and supply of machinery used in agriculture, construction, and forestry, as well as diesel engines and lawn care equipment. The company began with a pilot operation using a manufacturer in Malaysia.

Logility Buys Halo BI

Supply Chain Shaman

With annual revenues of 16-44$M, in the period of 1997-2007, the Company returned to its parent to become a wholly owned subsidiary of American Software in 2007. Optiant, inventory optimization, 2010, $3.3M The company was innovative selling reasonably priced solutions to mid-market manufacturers. On Monday, November 27th, Logility announced the purchase of privately-held Halo Business Intelligence.

Top 2016 Supply Chain Strategy Posts from the Supply Chain Link Blog

Arkieva

Arrange your inventory based on how often you need to use it. View the full post or view the snippet below: Over the last 5 years, I have seen many companies launching inventory reduction programs. Struggling with Multi-Echelon Inventory Adoption. Happy new year!

7 Mini Case Studies: Successful Supply Chain Cost Reduction and Management

Logistics Bureau

Deere & Company (brand name John Deere) is famed for the manufacture and supply of machinery used in agriculture, construction, and forestry, as well as diesel engines and lawn care equipment. The company began with a pilot operation using a manufacturer in Malaysia.

Why Is It So Hard to Find Good Help These Days?

Material Handling & Logistics

Further, if one does a Google search on data science groups in private industry, numerous large industry groups formed just since 2007 appear. The latest smart manufacturing concept that we developed and demonstrated is the robot-on-a-cart concept for autonomous assembly or conveyer tending.

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S&OP, a vision for the future. The expert interview series #7

Supply Chain Trend

Steve Hainey is an international speaker who has had over 20 years’ experience in global multi-site supply chain planning for Fortune 100 & 500 manufacturing companies of retail consumable goods, chemical materials, and medical device products. Introduction.

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What’s Your eCommerce Strategy? Is Fulfillment On It?

FLEXE

And brick-and-mortar storefronts continued to hang up their hats and lock their doors—more so than during 2007’s recession. Businesses integrating technology that’s equipped to track inventory and order data, in real time, across multiple management systems, likely have an upper hand here.

IBM Beefing Up for Matrix Commerce in 2012

Supply Chain Network

The acquisition expands IBM’s cloud-based analytics offerings that provide supply chain intelligence leading to better inventory management and cost efficiencies. Connect retailers and manufacturers for collaborative planning through the cloud. Never before have manufacturers and merchants of all sorts been faced with such a dynamic and competitive environment. In the past two months, IBM has made three strategic moves that bolster its SmarterCommerce portfolio.