Budgeting For the Repercussions of Supply Chain Fraud

Supply Chain Network

In much the same way as supply chain fraud cuts across the operations of the enterprise, the repercussions from supply chain fraud are just as far-reaching, (if not actually more so), and much more damaging and costly: - Manufacturing Downtime. ARE YOU BUDGETED FOR FRAUD REPERCUSSIONS? If your organization is not budgeting for fraud detection, prevention, and reduction, then you better be budgeting for fraud repercussions.

Dreaded Shrinkage: Bottomless Pit or Grave?

Supply Chain Network

Raw Materials not available for manufacturing. SHRINKAGE: BOTTOMLESS PIT OR GRAVE? Many organizations just write off losses – especially raw materials and finished goods – to shrinkage: a general ledger bucket of seemingly endless depth and widespread use for all sorts of ills that may plague an organization. As long as shrinkage is within some acceptable percentage range, no one typically gives it too much thought or care. If the “acceptable�

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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. Monday, December 03, 2007 8:01:00 am. ▼ 2007. (4). Global Cargo Monitoring / Cargo Tracking. International trade is the engine of global prosperity today. The size of global trade has nearly doubled since 1990.

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Supply Chain Graphic of the Week on US Manufacturing Output still Below 2007 Levels

Supply Chain Digest

Index from Federal Reserve Shows US Production also Below Baseline 2012 Numbers Since March

Supply Chain News on MAPI Projects US will Finally Surpass Peak 2007 Manufacturing Output in 2019

Supply Chain Digest

MAPI Nearly Doubles its Forecast of Manufacturing Growth through 2021, with Even the Apparel Sector Seeing Some Goods News

Supply Chain News on US Still not Back to 2007 Manufacturing Levels Eight Years Later

Supply Chain Digest

Revisions to Federal Researve Data in 2015 Now Show US Output Still a Couple of Percentage Points Below the Peak

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Global Cargo Monitoring / Cargo Tracking: Greater Globalization.

Global Trade Management

Monday, 19 November 2007. Businesses in the EU and US are increasing their investment in manufacturing and sourcing offshore. Wednesday, November 21, 2007 2:44:00 pm. ▼ 2007. (4). Global Cargo Monitoring / Cargo Tracking. International trade is the engine of global prosperity today. The size of global trade has nearly doubled since 1990. The healthy growth continues as world merchandise trade continues to grow with an average of 10% per year.

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Supply Chain Graphic of the Wee on US Manufacturing Growth Finally Accelerating

Supply Chain Digest

MAPI Says US will at last Reach Peak 2007 Levels in 2019

Supply Chain Graphic of the Week nf US Manufacturing Recovery by Sector

Supply Chain Digest

While Overall US Output is Back over 2007 Peak, There are Big Winners and Losers Across Different Industries

Supply Chain News on Recent Data Revisions from the Federal Reserve Cut US Manufacturing Growth Since 2012 in Half

Supply Chain Digest

US Manufacturing Output Still well below Peak Year 2007 LevelsNew Numbers Now Say Growth Up Just 3 Percent Since 2012, not the 6 Percent We Thought.

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Manufacturing Mobility Movement: The 5 Pillars & Why Executives Must Pay Attention


What makes or breaks a manufacturer's ability to grow, survive, and change in modern civilization? Do executive level decisions influence the small processes in a factory, or is the world simply ready for a new type of manufacturing industry? The Rise of the Manufacturing Mobility Movement. On January 9, 2007, Apple radicalized how the modern world functions with the announcement of the iPhone. Yes, some manufacturers are reluctant to embrace mobility.

It’s DELMIA’s 20 Year Anniversary!

DELMIA Quintiq

On June 7, 2000, Dassault Systemes announced the creation of DELMIA, its new brand for e-Manufacturing. DELMIA consolidated Deneb, DELTA and SAFEWORK under a unique brand to become the premier brand for digital manufacturing and production solutions. According to the Dassault Systèmes press release , “offering customers the most comprehensive and integrated methodologies and solutions to fully address their digital manufacturing needs.”

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How can innovative Manufacturers utilize Route Optimization Software?


Benefits of Route Optimization Software for Manufacturers There can be many advantages of using route optimization software in the companies. Currently, Procter & Gamble, a leading manufacturing company, is using route optimization software Abivin vRoute to avoid unnecessary costs and provide GPS vehicle tracking with minimal costs and road usage charging to trucks. How can Manufacturers utilize Route Optimization Software? Manufacturers can assign delivery orders.

Loser of Q2 2014: Aston Martin

Supply Chain Movement

The manufacturer of luxury sports cars which is often associated with James Bond is recalling three quarters of all the models built since November 2007 because the plastic used by one of its suppliers does not meet quality standards. If it’s any consolation, Aston Martin is not the first manufacturer to suffer problems in its Chinese supply chain. In 2007, toy maker Mattel was forced to recall almost a million products because they contained lead paint.

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How Manufacturing in the US Continues to Grow Despite Fears Over Higher Costs, Lower Percentage of GDP & Election-Year Woes


On July 1, 2016, the Institute for Supply Management announced the manufacturing index rose to 53.2 GDP, which holds major hopes for the future of manufacturing. manufacturers into beliefs of an impending recession. While the future of manufacturing in the US has yet to be written, the overwhelming amount of evidence points toward a fresh, growing industry into the remainder of the year. Current Facts on Manufacturing in the US.

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. The right prediction and contingency planning tools will ensure a complete view and an effective response to risks such as suppliers going out of business, political upheaval, and natural calamities affecting manufacturing. By Maha Muzumdar.

[INFOGRAPHIC & VIDEO] A 2D Explainer of Rapid Prototyping & Additive Manufacturing in 3D Printing


Founded in 2007, Shapeways is led by folks who've spent most of their careers in startups, and combine serious technical chops with an inspiring vision of what the world could be. Our goal is to stay abreast and keep readers abreast of all the latest trends which affect the manufacturing industry. . Construction of the part or assembly is usually done using 3D printing or "additive layer manufacturing" technology. What is Additive Manufacturing?

Seasoned Leadership in Action™ – An Interview with Tony Giovaniello, President of Shasta EDC

Supply Chain Game Changer

This was my first exposure to manufacturing. That caused me to learn more about building reliability into the designs and quality into the manufacturing process. Then, I moved in to the contract manufacturing industry. After two years at Solectron, I decided to join a former colleague in forming our own contract manufacturing firm focusing on building systems. From 2007 – 2012, I worked at Celestica. Manufacturers are looking for talent. Subscribe Here!

Distribution in China takes a detour

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. In 2007, the Dutch producer of pushchairs relocated its factory from Taiwan to the free trade zone close to Xiamen in China.

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The Growing Skills Gap & How Vocational Training Can Help to Shrink It


More manufacturers are turning toward vocational training and apprenticeship programs to help close the skills gap. According to The Huffington Pos t, a wide variety of apprenticeship programs focus on construction and manufacturing, creating a largely untapped resource of new skilled labor that manufacturers could easily access. Tuition Assistance Programs Encourage Students to Enter Manufacturing To Combat the Growing Skills Gap . Manufacturing Skills Gap

[INFOGRAPHIC] Public Perception of & A Brief Timeline of Moments from the American Manufacturing Industry


At Cerasis, our customers are manufacturers from the American Manufacturing Industry. A big part of that is because it is proven that the more labor productive and the more output the American Manufacturing industry produces, there is a large multiplier effect on the rest of the economy for creating jobs and economic sustainability. In today's post, we feature an amazing infographic below from a joint report by Deloitte Manufacturing and the Manufacturing Institute.

[INFOGRAPHIC] Attracting Millennials to Manufacturing: Understanding Millennial Experience in Order to Gain Talent


Editor’s Note: As an older Millennial who landed in Transportation Management & Logistics marketing, our target audience are manufacturers who ship freight. I figured, we pepper in some tips on transportation management, but if we also offer value to manufacturers, they would turn to us as the experts. However, what I didn’t expect was how much joy I would get out of understanding manufacturing. almost everything we use is made/manufactured 2.

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. Digital Manufacturing Success. In the next two years, companies will make the most progress in the area of digital manufacturing. The winners include small biotech companies and medical device companies investing in hospital manufacturing capabilities. The losers include companies with big and inflexible manufacturing models and traditional retailers.

Help Supply Chain Planners Be More Successful In These Uncertain Times

Supply Chain Shaman

Time to Sense Market Shifts in the 2007 Recession. As companies outsourced—greater dependency on third parties for manufacturing and transportation—and asset utilization grew from 10% to 35% ROIC the management of the supply chain became more complex. In the supply chain, there are potential buffers—excess capacity in manufacturing work centers and inventory. As I flew to Dallas, I worked on this post.

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. In my share groups, large manufacturing clients have a Q1 freeze on travel. As I write this blog, Valentine cards scatter my desk. This is the week for love: a time to send cards and letters to those that we appreciate.

VTech: A Story of a Supply Chain Leader

Supply Chain Shaman

Today the Company’s core businesses are cordless phones, contract manufacturing services and children learning products. The North American operation is the top manufacturer in the US cordless market. Our sockets for the kits were items with low volumes, and the manufacturing leader would target for 85% asset utilization. As a result, the toolboxes would not get delivered; yet the guy managing manufacturing got rewarded. I remember September 2007 very well.

Supply Chain Management Award for Adva Optical Networking

Supply Chain Movement

ADVA Optical Networking, a Meiningen based manufacturer of telecommunication equipment focusing on fiber-optic transmission technology, is the winner of the Supply Chain Management Award 2013. Two-stage production with the centralized manufacturing of product components and customer-specific configuration regionally also offers greater flexibility to the customers. Each year since 2006, the Supply Chain Management Award has honored the best value chain in the manufacturing industry.

3 Ways Crowdsourcing Is Revolutionizing Supply Chain Management


And when they do, supply chain disruptions like halted manufacturing and transportation breakdowns rattle even the largest, most prepared enterprises. Social networks for the extended supply chain provide a platform for trading partners to share their internal data and contribute information that affects the supply chain, such as transportation timelines, severe weather, and manufacturing interruptions.

Can Co-opetition Save your Company?


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. For instance, despite patent disputes, Samsung is set to manufacture the new iPhone’s main chip. In 2007, it released the Kindle.

Intalere Selects Consus & Ivalua to Drive Source to Contract Best Practices


As a group purchasing organization (GPO), Intalere connects with the right manufacturers and distributors to aggregate purchasing volume across the supply chain and negotiate improved discounts on their members’ behalf resulting in unprecedented cost savings for the healthcare industry. Established in 2007, Consus is a leading procurement services provider operating across 9 countries.

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


In response to the RFID hype started by Wal-Mart, RFID manufactures and investors poured in large amounts of money. By 2007, after various delays and issues – Walmart changed its RFID strategy. by Teresa Chiykowski Warning: This blog post isn’t for the faint of heart. In fact, I should include a PG-13 rating on it. Just kidding, although, for those involved, the scare factor must’ve been pretty high at times. Halloween is big business.

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. Stuck, only 10% of manufacturers are driving improvement. (90% Factory conditions did not meet the Wal-Mart standards, but the garments were outsourced to a sub-standard factory by a contract manufacturer.

4 Important Benefits of a Sustainable Reverse Logistics Strategy


Businesses must decide which routes to use, where to manufacture products, and whether to employ the use of a third party logistics provider. In fact, the EPA asserts that up to 40% of “tossed” computers were recycled in 2013, which has risen significantly from a startling 18% in 2007. Reuse Encourages Competition in Manufacturing. Business owners face endless decisions throughout all aspects of the supply chain.

Staying Ahead of Supply Chain Paradigms – LogiSYM September 2020

The Logistics & Supply Chain Management Society

But alternative models are emerging, including distributed manufacturing enabled by robotics, artificial intelligence (AI) and 3D-printing, distributed intelligence brought about by the internet of things and distributed labor enabled by the internet and mobile devices. Demand sensing technology will help supply chain professionals to become smarter about the sales side, which helps to drive sales but also allows for better planning of logistics and manufacturing capacity.

Supply Chain Leadership Driving Industry 4.0 & Resilience During Crisis – LogiSYM July 2020

The Logistics & Supply Chain Management Society

Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains. The white appliances manufacturer in Turkey, Arçelik, re-organised its manufacturing place in a limited time to be able to initiate ventilator production.