MIT Supply Chain

JANUARY 19, 2022

Even though companies have their hands full dealing with today’s uncertainties, they are well-advised to start thinking about how to prepare for a downturn that could compare to the 2008 financial crisis. Manufacturers and their suppliers follow a similar pattern of behavior. precipitously.

Global 97

Global Demand Planning Software Logistics Network Optimization Software Forecasting Software 97

RFgen

JANUARY 16, 2020

The ISM index of manufacturing activity hit its lowest level since the Great Recession in December 2019, indicating industry contraction. Manufacturers can offset the effects of outside pressures and meet evolving challenges with strategic implementation of technology solutions. Reduced on-hand inventory by 10%.

Supply Chain Software 52

Supply Chain Software Inventory Reduction Cost Reduction Strategies Inventory Management Software 52

QAD

NOVEMBER 28, 2023

If a US company wants to manufacture onshore, they’ll likely still import many parts overseas. Once again, because an FTZ is considered outside the US for duty purposes, a company assembling or manufacturing products within an FTZ does not pay duties on the parts it imports. For many products, this can result in significant savings.

Study 86

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Kinaxis

DECEMBER 12, 2014

by John Westerveld Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Reason #6 Not effectively managing inventory. A bad decision can result in missed orders, significant inventory, or scrapped materials.

Supply Chain Planning Software 240

Supply Chain Planning Software Supply Chain Planning Training Price Mitigation Strategies 240

Enterra Insights

APRIL 13, 2023

But for anyone harking back to the last major recession in 2008, the stakes are far different this time around for consumers and retailers.”[4] ”[4] On a more positive note, Lacy points out that retailers are better equipped to deal with a downturn than they were in 2008. The reason, she explains, is digital technology.

Retail 130

Retail Price Reduction Supply Chain Planning Software ToolsGroup 130

Supply Chain Shaman

JANUARY 9, 2019

Stuck, the company struggled with customer service levels and high inventory write-offs. I worked with the World Kitchen team in the period of 2002-2008. The process helped World Kitchen manage inventories through bankruptcy filing in 2002. The company was unable to design and implement a process to reduce item complexity.

Supply Chain Design Software 259

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QAD

JUNE 8, 2021

The Guardian stated : “The technology industry faces a growing shortage of semiconductors and other high-tech components following a failure to invest in new manufacturing facilities during the recession, experts have warned.” Insufficient inventory visibility throughout the supply chain. Are We Really Learning from Our Mistakes?

Supply Chain Software 97

Supply Chain Software Automotive Demand Planning Software Forecasting Software 97

Supply Chain Shaman

MARCH 28, 2016

The average manufacturing company’s supply chain organization is 15 years old. In our analysis, only one out of ten companies successfully improves operating margins and inventory turns at the same time. The period of 2007-2008 was the great recession. Historically, the traditional supply chain focused on improving costs.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

Supply Chain Matters

JANUARY 6, 2023

Since our inception in 2008, The Ferrari Consulting and Research Group has annually published a series of supply chain management focused predictions. Global manufacturing activity as depicted by the J. Morgan Manufacturing PMI® which began 2022 at an expansionary conditions value of 54.2, Background. a 30-month low.

Predictive Analytics Software 98

Predictive Analytics Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 98

Arkieva

AUGUST 8, 2016

A new study by the SupplyChainDigest analyzing the main components of working capital: Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO) revealed an uptick in DIO. New Study Shows a Rise in US Company Inventories. This and much more, in your Monday supply chain briefing from Arkieva.

Sourcing Strategies 60

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The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

It starts back in 2008. From February to May ocean carriers blanked a record number of sailings on China-US lanes – first as China’s manufacturing was closed and then as COVID-19 impacted the US economy. Businesses whose inventories ran down slowly since March started restocking. And it can be fixed.

Purchasing Skills 217

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Freightos

SEPTEMBER 8, 2020

It starts back in 2008. . From February to May ocean carriers blanked a record number of sailings on China-US lanes – first as China’s manufacturing was closed and then as COVID-19 impacted the US economy. . Businesses whose inventories ran down slowly since March started restocking. And it can be fixed. It worked. .

Purchasing Skills 218

Purchasing Skills Price Reduction Freight Supply Chain Software 218

Logistics Viewpoints

JULY 9, 2021

Restaurants, bars find suppliers’ inventories are running dry. This was part of the reason the company missed its 2008 goal to reduce aircraft emissions by 20 percent by the end of 2020. FedEx invests $2 billion in sustainability initiatives. Porsche calls on its suppliers to use 100% renewable energy. Rob Spilman Jr.,

Logistics Network Optimization Software 165

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Vinculum

AUGUST 30, 2022

Such a process helps manage accounts, inventory, supply chain, project management, operations, and other relatable processes to run the business significantly. Epicor deals in providing Manufacturing solutions. As per the report, manufacturing companies top the list for accessing ERP software. It provides two industry-.

Malaysia 52

Malaysia Supply Chain Planning Software Inventory Management Software Optimization Software 52

synchrono

DECEMBER 4, 2017

The global economic recession that started in 2007/2008 hit the manufacturing sector hard. In February of 2009, The Economist even published a piece called The Collapse of Manufacturing. The auto industry, like many other manufacturing sectors, was awash in excess capacity. Demand-Driven Manufacturing can help.

Capacity 69

Capacity Manufacturing Automotive Supply and Demand 69

Supply Chain Matters

OCTOBER 5, 2022

Supply Chain Matters provides a side panel supplementary update to our prior posted blog highlighting the latest reported September and Q3 global and regional PMI indices that indicate manufacturing contraction has begun. © Copyright 2022, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

Price Reduction 52

Price Reduction Inventory Reduction Global Forecasting 52

QAD

NOVEMBER 12, 2019

In a world where the future could go in so many different directions, how are auto manufacturers to survive, let alone thrive? And just as OEM auto manufacturers are partnering to get ahead, automotive suppliers are doing the same. That’s why manufacturing companies need to be agile enough to effectively respond to change.

Automotive 109

Automotive Cost Reduction Strategies Inventory Reduction Manufacturing Procurement 109

The Logistics of Logistics

MARCH 18, 2013

Back in 2008, just before the U.S. auto manufacturing market melted down, I was conducting value stream mapping workshops at tier one suppliers (Magna, TRW, Yazaki, Johnson Controls, etc.). In lean consulting, you would often find excess inventory, rework, over processing and other wasteful practices inside a warehouse.

North America 135

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Supply Chain Matters

JUNE 21, 2022

Since the inception of this blog in 2008, Supply Chain Matters has provided perspectives and takeaway thoughts from each annual report. GDP level, and a level not seen since 2008. Our perspectives stem from an outside-in end-to-end business process, management and cost adsorption lens vs. that reflected by logistics industry media.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

Unleashed

APRIL 1, 2020

This coronavirus-induced downturn is unlike the 2008 recession, where the economy was active but the credit markets were frozen, as Vox’s editor-at-large Ezra Klein points out. Review existing inventory management systems. Review existing inventory management systems. Focus on inventory management. Invest in technology.

Material Savings 106

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Enterra Insights

MAY 6, 2020

Demand has been ravaged, there have been extensive disruptions to manufacturing supply chains, and a financial crisis is already underway.” This year’s fall in output would be far more severe than the last recession, when the world economy contracted by less than 1 percent between 2008 and 2009.”

Agile and Lean Supply Chain 100

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Supply Chain Opz

JANUARY 29, 2020

Books We Recommend - Purchasing Book - Six Sigma Books - Operations Management Book - Inventory Control Book - Lean Books - International Business Book Last review and update: January 30, 2020 Obsolete and out-of-print books are not included. Editor's decision is used to finalize the list of the best books. - & Tang, C.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 100

BlueYonder

APRIL 20, 2023

We have had a lot of start and stop motions on sustainability topics ever since 2008. There are constantly new statistics around it, but the human capital element will continue to be at the forefront of anything and everything we do within the logistics industry, both for retail and manufacturing. That is number one.

Logistics Network Optimization Software 62

Logistics Network Optimization Software Logistics Supply Chain Software Warehousing 62

The UCLA Anderson Global Supply Chain Blog

JUNE 22, 2016

Feeding America is a national human services agency that distributes food donated by large food manufacturers (such as Kraft) to a nationwide network of food banks (Figure). At each food bank, 20% of the foods is provided by Feeding America and the remaining 80% is donated by the local food manufacturers and distributors. In the U.S.,

Demand Planning Software 60

Demand Planning Software Food Supply and Demand Meeting 60

Supply Chain Matters

JANUARY 10, 2023

The Ferrari Consulting and Research Group has annually published a series of supply chain management focused predictions since its inception in 2008. Bloomberg reported in November 2022 that shipments of motor vehicles, computer parts and boats, manufactured in Mexico and destined for U.S. Background. billion in September.

Predictive Analytics Software 52

Predictive Analytics Software Resource Reduction Cost Reduction Strategies Manufacturing Procurement 52

Supply Chain Matters

SEPTEMBER 23, 2023

In this second Supply Chain Matters reader update, we highlight the ongoing supply chain and manufacturing implications of the labor strike involving the three U.S. unionized auto companies. The three automakers have initiated worker layoffs involving thousands across dependent facilities because of final assembly plant stoppages.

Negotiating Skills 59

Negotiating Skills Cost Reduction Strategies Expense Reduction Inventory Reduction 59

Resilinc

FEBRUARY 22, 2021

Collaborate with stakeholders in finance, sales, manufacturing, etc., Stakeholders often balk at supporting supply chain risk mitigations, such as building buffer inventory and engaging secondary suppliers, because they fear these will add costs and undermine efficiency goals. Anticipate and answer objections.

Supply Chain Risk Management 62

Supply Chain Risk Management Risk Management Supply Chain Design Software Agile and Lean Supply Chain 62

Supply Chain Opz

MAY 25, 2013

Frankel et al 2008 indicated that " supply chain " and "supply chain management" first recognized in the 1980s. Here at resupply points, inventory was stored for up to 8 days. Moreover, Supply Chain is not the result of Marketing/Production Planning/Operations Management interface as stated by Mentzer et al 2008.

Supply Chain Planning 248

Supply Chain Planning Supply Chain Strategy Military Supply Chain 248

Enterra Insights

MARCH 18, 2021

In 2020,” Katsov explains, “managers of supply chains and inventories had to work through numerous shocks related to lockdowns, reopenings, shifts in consumer behavior and economic downturns. These developments have elevated the role of omnichannel inventory management and introduced additional challenges and complexities.”

Prescriptive Analytics Software 130

Prescriptive Analytics Software Supply Chain Software Analytics Software Predictive Analytics Software 130

Supply Chain Shaman

FEBRUARY 18, 2013

Pharmaceutical companies are struggling with falling margins and rising inventories. Over the last decade, neither the pharmaceutical nor medical device manufacturer has been able to drive the revenue/employee productivity gains of their comparative peer groups. It is rising inventory levels. Current State: Costs are rising.

Pharmaceutical 167

Pharmaceutical Supply Chain Network Software Eliminating Excel in Purchasing Procurement Analytics 167

Savi

JUNE 14, 2019

The objective for Walmart is to always be in stock, but with minimum investment in inventory on the shelves. Forward-thinking organizations are taking a more holistic approach and investing in supply chain solutions that provide complete supply chain visibility – from manufacturer to end-customer. And the crown jewel?

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Visibility Real-time Visibility Supply Chain Software 76

RFgen

JUNE 16, 2016

Melotte previously served as the Chief Logistics Officer for Johnson & Johnson, and all involved hope that he continues to update their supply chain management since their major overhaul in 2008. Gibbons worked to revolutionize inventory management within the company. Supply Chain Overhaul.

Supply Chain Planning 52

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RFgen

JUNE 16, 2016

Melotte previously served as the Chief Logistics Officer for Johnson & Johnson, and all involved hope that he continues to update their supply chain management since their major overhaul in 2008. Gibbons worked to revolutionize inventory management within the company. Supply Chain Overhaul.

Supply Chain Planning 52

Supply Chain Planning Supply Chain Optimization Optimal Sourcing South Carolina 52

NC State SCRC

APRIL 3, 2019

The type of contract of interest in this report is for Development and Manufacture contracts in the Aerospace and Defense industries. The subcontract efforts feature the majority of military and part of commercial aviation, systems are outsourced by the overall airframe manufacturer, known as “primes” (Boeing, Airbus, Sikorski, etc.)

Aerospace 40

Aerospace Manufacturing Procurement Supply Chain Design Software Manufacturing 40

Ware2Go

APRIL 5, 2022

Merchants can ensure that they are getting the most efficient final mile delivery by adopting a distributed fulfillment network in order to store their inventory as close as possible to their end customers. By adopting a distributed fulfillment network, merchants can offer their customers 1 to 2-day ground shipping.

Logistics Network Optimization Software 98

Logistics Network Optimization Software Supply Chain Network Software Modeling Software Purchasing Skills 98

Arkieva

APRIL 1, 2016

If I look at retailers it is still common to have private label suppliers stuffed with inventory, central or regional DC’s stuffed with inventory and shops stuffed with inventories. I was lucky to pursue a Phd in multi-echelon inventory optimization. We all demand high service levels from one step to the next.

Supply Chain Planning Software 60

Supply Chain Planning Software Purchasing Skills Supply Chain Optimization Modeling 60

Jaggaer

JANUARY 28, 2019

Research on supply chain following the 2008 economic recession found that supply chain executives took several major steps to deal with the decline, each of which is particularly relevant as we enter 2019. It’s expected that one third of manufacturers will be using big data analytics by the end of 2020.

Manufacturing Procurement 40

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Procurement 40