Remove 2010 Remove Inventory Remove Manufacturing Remove Procurement
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US Food Manufacturing Success: Outsourcing MRO Supply Chain

Synovos

They were a new company that had taken over an existing manufacturing plant and lacked the infrastructure needed to keep the facilities in good working order, whether that was buyers to order parts or an accounts team to manage the purchasing process. Not having to manage the indirect procurement process retains advantages for the client.

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A New Decade: Give Science A Chance

Supply Chain Shaman

Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. When compared to pre-recession years, we ended the decade with twenty more days of inventory. Days of Inventory Comparison. The first story is about a large regional food manufacturer.

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Pushing the Supply Chain Reset Button

Supply Chain Shaman

We have heard that there is a focus on near-shoring, reshoring, and local manufacturing. Building a fab (manufacturing site) takes two-to-four years and requires the availability of water and trained labor. increase in 2010, eleven years ago. Focus on right-sizing inventories. Does this solve the problem?

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AI This. Not So Fast.

Supply Chain Shaman

I find in my Supply Chains to Admire research that 96% of companies (when compared to their peer groups) are unable to drive improvement while delivering higher performance year-over-year on a balanced scorecard of growth, inventory turns, operating margin and Return on Invested Capital (ROIC). The term “AI” is overused.

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Who Should Be In The Winner’s Circle?

Supply Chain Shaman

Only 29% of manufacturers easily manage total cost trade-offs. Total cost analysis is more difficult than it sounds and most technology implementations automated functional measurement systems (manufacturing or procurement), but leave the organization blind on the management of total costs. The reason? Figure 1. The reason?

Gartner 235
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Pushing the Supply Chain Reset Button

The Logistics & Supply Chain Management Society

We have heard that there is a focus on near-shoring, reshoring, and local manufacturing. Building a fab (manufacturing site) takes two-to-four years and requires the availability of water and trained labor.” increase in 2010, eleven years ago. Focus on right-sizing inventories. Does this solve the problem?

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Using Digital Supply Chain Planning to Respond to Market-Changing Disruptions like COVID-19

ToolsGroup

Gartner research shows that companies that continued to increase earnings while others declined in 2009 and 2010 were those that were able to keep their foot on the gas through the downturn because they had planned responses in advance. One US-based ToolsGroup manufacturing customer sources parts from several Chinese and Italian suppliers.