Remove 2014 Remove Inventory Management Remove Manufacturing Procurement
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16 Cost Reduction Strategies in Inventory Management

Unleashed

Here we explain how you can do this with 16 cost reduction strategies in inventory management?that Consider Vendor Managed Inventory One way to save costs in inventory is to shift the responsibility of its management to your suppliers using a VMI system. that are each proven to reduce a company’s costs.?

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Reshoring Or Not, What is Manufacturing? 4 Questions to Ponder with Real American Manufacturers

GlobalTranz

Editor's Note: This is a two part series featuring Chuck Intrieri, who along with providing excellent insights over at his industry leading The Lean Supply Chain blog, is also a consultant who works with companies for Cost Reduction, Supply Chain Optimization, Logistics, Manufacturing, and 3PL Selection. What is Manufacturing?

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Manufacturers Should Focus on This Most Critical Component for Manufacturing Operations Excellence

GlobalTranz

We conclude this two part series about manufacturing operations excellence by consultant Chuck Intrieri, by outlaying why manufacturers should focus on a critical component that will help sustain manufacturing operations excellence for years to come. What is Driving Sustainable Manufacturing Operations Excellence?

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Lifting The Gray Curtain

Supply Chain Shaman

In our research, we find that 72% of planners primarily depend on Excel and desktop analysis despite the rollout of advanced platforms for planning in 92% of manufacturers with greater than 5B$ in revenue. At the end of the presentation, I asked Allyson her perspective on open source analytics. The question is, “Why?”

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Downtime in Manufacturing – 7 Ways to Get it Under Control

Unleashed

Here we examine manufacturing downtime in detail, including what it is, what causes it, and what it can cost your business. Because even small manufacturing firms with limited capital can reduce the risk of suffering unexpected outages through measures like preventive maintenance, staff training and the use of smart manufacturing software.

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Manufacturing Gains From Machine Learning

IQMS

Improving semiconductor manufacturing yields up to 30%, reducing scrap rates, and optimizing fab operations is achievable with machine learning. Manufacturers care most about finding new ways to grow, excel at product quality while still being able to take on short lead-time production runs from customers.

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The Counter to Constant Supply Chain Volatility Is Pervasive Visibility and Industry Collaboration

Logistics Viewpoints

Raw materials are in short supply, many manufacturers have temporarily mothballed production lines, transportation costs are rising, and labor is getting tight on our roadways , railways and ocean vessels. Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility.