SCMDOJO

JULY 29, 2022

Economic order quantity is one of the “most commonly used inventory-control techniques”. The objectives and advantages of Economic Order Qty (EOQ) are to minimize inventory carrying costs and ordering costs while simultaneously limiting the probability of stock out to avoid any lost sales or customer loss. Boston: McGraw-Hill, 2009.

Sourcing Strategies

ToolsGroup

APRIL 1, 2022

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. As some component lead times push into 2023, the shortage is expected to last 24 months before it recedes – similar to the chip shortage of 2008-2009.

Material Savings

Kinaxis

NOVEMBER 1, 2017

Supply chain planners (I’m lumping in all the silos, including demand, supply, inventory and capacity planning) today are dealing with challenges that were unimaginable when Lotus notes were the next big thing. Is running a multi-echelon inventory optimization even something a capacity planner has interest in?

Supply Chain Network Software

Logility

OCTOBER 3, 2016

One could argue that Machine Learning could contribute to meeting cost, revenue and customer service goals, but clearly there’s more focus today on basic supply chain planning capabilities like Demand Planning, Inventory Optimization, Sales & Operations Planning, and Supply Planning and Optimization.

Supply Chain Planning Software

Talking Logistics

JULY 8, 2016

More data points this week confirming what we already know: demand for freight transportation is weak, which is leading carriers to cut back on capacity. Global trade volumes fell for the first time since 2009 by 1.7 They pull data from both sides and communicate any surges in orders or depleted inventory. Woolworths Ltd.

Logistics Network Optimization Software

Logistics Bureau

MARCH 3, 2019

Since I first published this article back in 2009, warehouse design principles haven’t altered that much, but as we received many comments, including requests for more information, I figured it might be a good idea to expand on the original piece. What levels of inventory availability do you require? How fast are your inventory turns?

Supply Chain Design Software

Supply Chain Network

SEPTEMBER 7, 2011

Since 2009, when ScottsMiracle-Gro began implementing its new distribution model, the Company has reduced the number of miles traveled to ship products to home center customers by approximately one-third. Improve inventory turns at retail by reducing fertilizer order minimums.

Customer Service

synchrono

DECEMBER 4, 2017

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. Understand your true capacity – One of the key principles behind Demand-Driven Manufacturing is the Theory of Constraints (TOC).

Capacity

Unleashed

NOVEMBER 3, 2021

The fundamental operations of any dark store can be undertaken with a robust inventory software system , an efficient team of pickers and a store layout optimised for rapid picking. Basic warehouse racking is used to store inventory stock, which is strategically positioned for ease and speed of picking. Why are dark stores on the rise?

Case Study

Talking Logistics

FEBRUARY 9, 2016

Since 2009, ocean carriers have faced many uncertainties—and they’re expected to continue for the foreseeable future. In my opinion, there will be more than one way to procure capacity, rates, and services for the 2016-2017 season. Moving and planning inventories on both fixed and spot—or even pegging rates to an index—are options.

Panama

QAD

JUNE 8, 2021

The chip manufacturers began shifting their manufacturing capacity to these other industry sectors who were now begging for supply. Very similar to the crisis in 2008-2009 and much to the surprise of industry analysts, automotive demand came back much quicker than expected. Insufficient inventory visibility throughout the supply chain.

Supply Chain Software

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

Supply Chain View from the Field

FEBRUARY 25, 2015

It takes six years to build a biotech production facility, and a billion dollars, so increasing capacity in the face of uncertain demand is a huge issue for us.” ” In 2009, I moved into the supply chain area, and worked with Rob in understanding how to apply analytics with a procurement focus.

Supply Chain Design Software

Supply Chain Collaborator

NOVEMBER 22, 2017

percent higher than the low in April 2009 during the recession.” Tightening Capacity and Rising Rates are a Bullish Leading Indicator. This is especially true in service intensive industries, where visibility is critical for effective planning, communication, and inventory management.”.

Logistics Network Optimization Software

Logistics Bureau

JUNE 13, 2016

The company was replenishing dealers inventory on a weekly basis, by direct shipment and cross-docking operations, from source warehouses located near Deere & Company’s manufacturing facilities. Somehow Intel had to reduce the supply chain costs for the Atom chip, but had only one area of leverage—inventory.

Cost Reduction Strategies

SCMDOJO

JULY 7, 2023

Introduction Founded in 2009, Rivian Automotive, Inc. Utilize technologies like real-time tracking, data analytics, and demand forecasting to optimize inventory management and reduce lead times. The success and financial stability of Rivian hinge on reaching production capacity at its manufacturing plant in Normal, Illinois.

Supply Chain Design Software

Logistics Bureau

MAY 24, 2019

The company was replenishing dealers’ inventory weekly, using direct shipment and cross-docking operations from source warehouses located near Deere & Company’s manufacturing facilities. The only option was to try to reduce levels of inventory, which, up to that point, had been kept very high to support a nine-week order cycle.

Cost Reduction Strategies

Supply Chain Matters

MAY 22, 2023

According to the April report commentary , the industry remains hopeful in new signs indicating that retailers and manufacturers are getting closer to working off the overall glut of inventories that resulted in 2022. Further indicated was: “ whether or not we have hit bottom of rates is unclear.” percent drop in cargo volumes.

Negotiating Skills

Supply Chain Matters

SEPTEMBER 3, 2022

The August report cited new order intakes declining for the second consecutive month with indications that excess capacity may be building among the global manufacturing sector. Barring the initial pandemic lockdown months, this is the steepest downturn in US manufacturing seen since the global financial crisis in 2009.”.

Manufacturing Procurement

Supply Chain Matters

APRIL 4, 2023

However, we discern some added signs excess inventories and of production sourcing shifts. Further concerning was that the volume of warehouse finished goods inventories rose to the greatest extent in four months. percentage point increase in March while the Inventories sub-index dipped to the contraction value of 47.5,

Manufacturing Procurement

Supply Chain Matters

DECEMBER 1, 2022

There are additional signs of a global glut in overall inventory levels, yet selective component shortages remain for certain industries. The decline in output was accompanied by a tick down in new orders as rising inventories have put the brakes on production.”. after plummeted to its lowest level since 2009 in October.

Manufacturing Procurement

Infosys Supply Chain Management

DECEMBER 29, 2011

The first problem was that of underutilized capacity. During the release process, if sufficient inventory is not available, order used to get backordered. The capacity booking corresponding to such backordered orders remained unutilized since, route (of the load which contains backordered order) had already been optimized.

Optimal Sourcing

Supply Chain Matters

OCTOBER 26, 2023

Industry media indicates that unsold inventories of EV vehicles remain on dealer lots as consumers are balking on the sticker price and the mileage ranges of offered vehicles.

Price Reduction

Infosys Supply Chain Management

FEBRUARY 11, 2013

In my capacity as a consultant and having worked in multiple implementations, I have always thought about processes that could have reduced the cost, time and rework and hence would have brought about a high degree of customer satisfaction. December 2009. November 2009. October 2009. September 2009. August 2009.

Agile and Lean Supply Chain

Supply Chain Matters

JANUARY 17, 2023

In 2022, we predicted that consecutive multi-year rate and surcharge increases along with capacity restrictions imposed by major parcel carriers in times of high holiday volume periods were equally unsustainable. The open question is where or if excess capacity is deployed in other trade lanes or placed at anchor. Parcel Segment.

Predictive Analytics Software

Infosys Supply Chain Management

NOVEMBER 28, 2011

Inventory and Capacity Visibility to Order Management System. As, there is no postcode change in this case, there is no change in inventory sourcing warehouse and delivery van route. Hence, address can be amended without re-checking inventory and capacity. December 2009. November 2009. October 2009.

Manufacturing Procurement

Infosys Supply Chain Management

MARCH 6, 2014

Further, in majority of cases, on-premise model is under-utilized as businesses maintains extra capacity to take care of future demand, spikes and month-end processing etc., During peak processing periods - like year closing activities, balance sheet preparation, inventory reconciliation etc. December 2009. November 2009.

Supply Chain Planning Software

Infosys Supply Chain Management

JUNE 25, 2012

An electric utility industry being an asset intensive industry the focus of TOC would be more on to reduce the equipment down time to increase the total throughput of the system rather than just adding the extra capacity. December 2009. November 2009. October 2009. September 2009. August 2009. April 2009.

Supply Chain Planning Software

Supply Chain Matters

JUNE 5, 2023

That could signal even more added inventory exposures. On the optimistic side, muted demand conditions have reportedly led to the quickest improvement in supplier delivery times since January of 2009. percentage points from the April value of 46.7,

Manufacturing Procurement

Infosys Supply Chain Management

NOVEMBER 11, 2011

Demand planning is the most critical process in the CPG industry, since it drives all downstream processes (raw material/finished goods inventory planning, procurement planning, capacity planning, manpower planning, transportation planning, etc.) December 2009. November 2009. October 2009. September 2009.

Supply Chain Planning Software

Supply Chain Matters

NOVEMBER 4, 2022

Morgan indicated, in part: “ With business optimism and the orders-to-inventory ratio also both dipping to their lowest levels in two-and-a-half years, the outlook for production remains downbeat.”. percentage points for October while the Inventories Index declined three percentage points.

Manufacturing Procurement

Infosys Supply Chain Management

OCTOBER 19, 2011

When customers asked for future delivery dates, retailers mulled over the use of future inventory to satisfy future demand. In manufacturing industry, ATP is used to calculate exact delivery date for customer order considering constraints of operation capacity & materials and various supply and delivery side lead times. December 2009.

Manufacturing Procurement

Supply Chain Trend

OCTOBER 29, 2021

Wave 2, Advanced Planning Systems (APS), first adopted in the 1990s, facilitated a forward view of the business, integrated plans with other functions, and optimized supply-chain metrics such as forecast accuracy, inventory holdings, and customer service. The Five Key Steps of Integrated Business Management / Integrated Decision Making.

Supply Chain Planning Software

CH Robinson Transportfolio

JANUARY 8, 2016

Since 2009, ocean carriers have faced many uncertainties—and they’re expected to continue for the foreseeable future. In my opinion, there will be more than one way to procure capacity, rates, and services for the 2016-2017 season. Moving and planning inventories on both fixed and spot—or even pegging rates to an index—are options.

Supply Chain Planning

6 River Systems

OCTOBER 30, 2019

It also allows existing employees to spend less time lugging boxes or finding inventory and more time doing the more complex parts of their job that are difficult to automate. Those inventory systems require more attention because of this (a human gig), as do programming and maintenance.

Warehousing

Enterra Insights

JULY 30, 2024

The IEA’s Global Critical Minerals Outlook 2024 report notes, “The main reason for price declines has been a strong increase in supply and ample inventories of technologies made with critical minerals. Together with an inventory overhang in the downstream sector (e.g., ‘It’s just the way China does things.

China

Arkieva

JANUARY 6, 2017

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. Our definition of Sales Inventory and Operations Planning (SiOP) at Solventure contains the following steps: Read More ».

Inventory Reduction