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A Hi-Tech Company’s Control Tower Helped It Better Manage Air Cargo During the Worst Days of the Pandemic In 2014, one of the world’s largest high-tech manufacturers started thinking about a digital transformation that would help them better serve their customers while also generating operational efficiencies.
We continue our top blog posts of 2014 from our main categories today by focusing on something at Cerasis we are experts in : Logistics. We’ve already listed the top 10 manufacturing blog posts and the top 10 supply chain blog posts last week. Top 15 Logistics Blog Posts of 2014. Read the Full Post. Read the Full Post.
Despite the evolution of technology, none of the 28 industry segments I follow can drive improvement at the intersection of operating margin and inventory turns. Note the fall in 2014-2019. Figure A: Beverage Industry Aggregate Industry Trend 2014-2023 Figure B. Change is Hard. Unlearning is Tougher. Guess what?
While consumers may see some short-term benefit in the form of discounted goods, many retailers have had to reset investor expectations , reflecting the expected hit on margins from carrying so much inventory. Inventory management is challenging enough in normal times. So, what is it going to take to enable better inventory management?
In 2014, ecommerce strategies grew in importance. At that time, manufacturers talked about customer-centric supply chains, but were afraid to aggressively adopt ecommerce strategies. Manufacturers, today, are aggressively pursuing e-commerce strategies. Get Good at Having a Real-time Perpetual Inventory Signal.
The arrival of an assembly line is cemented in the history of manufacturing. The assembly line redefined the meaning of ‘sequencing’ where a series of steps are performed in a certain order to manufacture a finished product. Ever since, sequencing has been an integral part of the metals manufacturing industry.
HighJump Software announced enhancements to its Retail Inventory and Point of Sale Management software, RETAIL vantage. The post This Week in Logistics News (August 4-8, 2014) appeared first on Talking Logistics with Adrian Gonzalez. Boeing, United Technologies stock up titanium parts from Russia ( Reuters ).
Reports 2014 First-Quarter Results. XPO Logistics Announces First Quarter 2014 Results. Enterprise-wide inventory visibility to inventory and orders, coupled with profitable order promising logic to help achieve customer satisfaction without sacrificing margin. . In 3PL news, Con-way reported Q1 2014 results this week.
2014 is coming to a close and as we herald in the New Year, shippers (manufacturers, retailers, and distribution centers) around the country are busy gearing up for the holiday season and have holiday logistics best practices on the brain. Make your Inventory Omni-Channel.
Next week, I’ll be speaking at the Ryder Innovate Forum in Chicago and the Elemica reveal 2014 conference in Frankfurt. August 2014 Freight Transportation Services Index (TSI). August 2014 freight shipments were up 3.8 DHL launches freight capacity management program in the light of rapidly increasing trade volumes.
At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. Keith led the work to move P&G from a regional to a global manufacturer opening up the Warsaw center of planning excellence and outsourcing IT to HP. A manufacturing capability is not ubiquitous.
At the center of Atlas’ product line is Atlas Exchange, a secure document exchange providing a “connect-once, access-all” network, securely linking retailers, manufacturers, suppliers and logistics service providers. 36 healthcare-capable FSL sites will provide medical device manufacturers access to over 80 percent of U.S.
I was moving from a position where I led a manufacturing operation to being a part of a team to design supply chain software to improve planning decisions. I was moving from the world of manufacturing to a new world of software. The technology world moves at a quicker pace than the world of manufacturing and distribution.
Despite two decades of advancement in supply chain technologies, companies are struggling to gain balance at the intersection of operating margin, inventory turns and case fulfillment. Recently, I spoke to a major European retailer that lost 5% of their grocery revenues to Amazon in the first quarter of 2014. They are slow to adapt.
This trend was certainly evident at GT Nexus’ Bridges 2014 User Conference last month. Driving towards an In-transit Inventory Allocation Model. Social Media Supply Chain & Logistics Trends Supply Chain Technology Trends Bridges 2014 Greg Johnsen GT Nexus Hewlett-Packard HP social networking social supply chain'
It is 2014. We have not been able to build the planning architectures that effectively let manufacturers plan from the customer’s customer to the supplier’s supplier. In the study of 63 manufacturers, the average company has outsourced 49% of logistics and 30% of manufacturing. It is a story of parts.
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?
Inventory, in this time of uncertainty, is the organization’s most important buffer to protect against variability. However, organizations are not good at managing inventory. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. Inventory. My takeaway?
” Hau Lee, October 2014. Over the last six years, we studied the connection between business results (growth, operating margin, inventory turns and Return on Invested Capital (ROIC)) and the link to company characteristics. Harvard Business Review. What did we find? What did we find? Reward teams for cross-functional metrics.
Instead, in the SanDisk journey , they adjusted the speed of response to their customer segments, and actively designing inventory postponement strategies. SanDisk Corporation designs, develops and manufactures flash memory storage devices and software. The company is the third-largest manufacturer of flash memory in the world.
Mindmap for medtech supply chains 2014. At the same time, new sales markets are emerging for manufacturers of medical devices, and innovative technologies such as 3D printing are making a breakthrough. Manufacturers of medical technology (‘medtech’) must choose a clear strategy: Plan. I accept the Terms & Conditions.
A Manufacturer’s Guide to the Evolution of ERPs Lets start by declaring an interest. Most JAGGAER installations in the manufacturing industry specifically, and in product-centric businesses in general, involve integration with an enterprise resource planning (ERP) system of one sort or another. So, we have skin in this game!
The manuscript is due to Wiley on March 1st for an August 2014 publish date. I need it for my conference on September 10th-11th, 2014. He is responsible for manufacturing, procurement, supply chain planning, logistics, quality, social responsibility and final product engineering. I am behind. The heat is on. No backing out.
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?
Serving more than 130 countries, 40 industries and 17,000 customer distributors/dealers, SKF’s vast supply chain includes 94 manufacturing plants in 24 countries worldwide. By 2014 there were some 800,000 item-locations in its core bearing business, in some 40 installations of five+ different ERP systems around the world.
As we close the year of 2015, we want to take a look at some manufacturing trends for 2016. We look at 6 core areas that manufacturing companies will take a long look at as they gear up for a successful 2016. E-Commerce for Manufacturing. Manufacturers will seek custom (or specifically tailored) e-commerce solutions.
As 2013 comes to a close, here are some of my thoughts regarding the supply chain trends we are likely to see emerge in 2014. We will continue to see cost pressure at all levels in the supply chain: at the retail level, on manufacturing, distribution and warehouses, transportation, and raw material supply.
Since 2014, Lean has worked with over 100 satisfied U.S. These firms facilitate the movement of parts and materials from suppliers to manufacturers and finished products from manufacturers to distributors and retailers. Vendor Managed Inventory. Inventory Management. based transportation and logistics providers.
For some customers, they manage the inventory using a vendor managed inventory program. In some case they manage inventory at the customer’s site. “We It started in manufacturing and spread, step by step, to improvements in the way the company runs its supply chain. The company has over 300,000 products. It takes time.
So why do we feature content related to Vendor Managed Inventory? In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Inventory is then put on pallets and shipped as freight. ” Vendor Managed Inventory Model: A Quick Back Story. We never ran out of or had too much inventory.
Tomorrow, I get to deliver this message to a large manufacturing client. It is tough for me to see that nine out of ten companies are stuck, and not making progress, at the intersection of operating margin and inventory turns. The book publishes in December 2014. Most know very little about the true definition of demand driven.
For most 3PLs, their customers — across a variety of industries — are growing their presence in Mexico, either manufacturing there or growing their supplier base there, so 3PLs need to align their services and capabilities accordingly to the changing supply chain networks of their customers. percent and truck by 8.8
” E2E also means being able to see things when they are not in transit, such as raw materials upstream, inventory in a warehouse or yard, products in retail outlets, or shipments stuck in customs. According to McKinsey, an auto manufacturer, on average, has around 250 tier-one suppliers – and 18,000 across the full value chain.
In a 2014 study, 46% of manufacturing executives didn’t know what the internet of things was. Here are some examples: Manufacturing monitoring – Devices measure ambient temperature, humidity, air pressure, etc. Inventory Tracking – Despite all the efforts manufacturers put into inventory accuracy it still happens.
Supply chain management in manufacturing is by no means a simple process, but the United States is learning from past mistakes and they're poised to start playing a little catch-up in the manufacturing world due to their expertise. Government Weighs In on Supply Chain Management in Manufacturing. The Numbers Are In.
We believe that a supply chain leader is defined by both the level of performance on the Effective Frontier (balance of growth, Return on Invested Capital, Profitability and Inventory Turns) and driving supply chain improvement. Resiliency is the tightness of the pattern, or the reliability of operating margin and inventory turns results.
According to a survey by Deloitte from 2014, 79% of companies with high-performing supply chains achieve revenue growth superior to the average within their industries. Supply Chain Strategy In 2014, a survey by Tompkins Consortium delivered a shocking revelation. The Top 7 Supply Chain Points to Address for Business Success 1.
Multiple manufacturers, multiple relationships, multiple distribution models, multiple contracts. This newfound visibility allows participants in a supply chain to proactively optimize components of their processes (like inventory management, staffing decisions, and a thousand more) to support an efficient and agile product path.
However, what is clear from our recent study of 73 manufacturers using supply chain planning is that companies using best-of-breed solutions implement faster, achieve a quicker Return-on-Investment (ROI), and are more satisfied. These solutions require greater insights and understanding by the manufacturer and implementing company.
Oil prices jumped, with Brent rising above $105 a barrel for the first time since 2014, after Russia’s attack on Ukraine exacerbated concerns about disruptions to global energy supply. In terms of trade, these are not critical, single-sourced Tier 1 inputs needed in manufacturing. electricity generation in 2020.
It was precisely the industry’s inability to make real-time decisions (based on real-time data) that was at the root of depleted store shelves, clogged ports and warehouses overflowing with excess inventory. Some examples: Procurement and Co-manufacturing : What is the impact of inbound transportation issues on materials?
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.
Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. Vendor Managed Inventory Model for Supply Chain Cost Reductions. The distributor maintains the inventory plan. What is Reverse Marketing?
Walmart would not have the ability to provide such low prices and have consistent inventory in the over 5,000 stores in the United States and over 1.3 That income was generated by more than 4,100 stores and fed by a sprawling supply chain, ranked 14th in 2014 by research and analyst company Gartner. restaurant industry made in 2013.
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