SYSPRO Smarter ERP
NOVEMBER 21, 2022
Inventory management is important because it provides a buffer to balance out the uncertainties between demand and supply. However, while it can be viewed positively, holding inventory also creates problems. As an asset on a company’s balance sheet, reduced inventory results in a higher return on assets.
Arena Solutions
APRIL 4, 2023
The global manufacturing sector has seen an upswing, a technological renaissance of sorts. Since the start of 2012, more people graduating from college and universities are entering the engineering/manufacturing fields. Big data The use of big data is increasing in manufacturing. Breaking it down In the U.S.
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Supply Chain Shaman
APRIL 9, 2021
of revenue on information technology (IT), only six percent of manufacturers drove performance at the intersection of growth and margin. Rise in Inventories. Less Effective at Inventory Management. Inventories grew twenty days over the decade. Sadly, most of it is the wrong inventory. Despite spending 1.1%
Supply Chain Shaman
SEPTEMBER 5, 2022
Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. Today, inventory fire sales abound. Headline news included Wal-Mart, Target, Kohl’s and Macy’s struggling with inventory bloat and offering deep discounts. Business continuity continues to be a risk for many retailers and manufacturers. My take away?
Supply Chain Matters
AUGUST 3, 2022
The Supply Chain Matters blog provides commentary relative to July’s global manufacturing PMI indices relative to data indicating declining momentum, and some contraction among specific global regions. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. Global Wide Production Activity. The July 2022 J.P.
Logility
FEBRUARY 20, 2012
ChainLink Research and SupplyChainBrain just released “ Business Priorities 2012 – Research and Results ” which takes a look at where companies will invest in the coming year. And yet, our respondents do expect business expansion and intend to invest to make it happen in 2012.”
Supply Chain Shaman
JUNE 1, 2022
I work with a group that has a sub-team focused on cost, one on customer service, and one on inventory, but lack alignment on a standard definition of supply chain excellence. On average, industries carry 38 more days of inventory than in 2007. The problem is that most of it is the wrong inventory due to planning fallacies.
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