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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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Holding Ourselves Accountable for Business Results

Supply Chain Shaman

To make the point, let me share an orbit chart for four industries (reference Figure 1). Orbit Chart of Four Industry Sectors at the Intersection of Operating Margin and Inventory Turns (Year-over-Year Averages for the Sector). Lack of Focus on Form & Function of Inventory and Designing Network Flows. There are many reasons.

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The Benefits of Evolved Vendor Managed Inventory Model Led by Web-Based VMI

GlobalTranz

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. No Purchase Orders were used.

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Supply Chains and the Circular Economy, Part 2

Enterra Insights

Sustainability refers to safer, greener, more responsible operations as they relate to people, the planet, and profits (i.e., Businesses need to: Drive planning processes that strive to reduce emissions and satisfy demand with sustainable, ethically-sourced supply. Increase forecasting accuracy to reduce obsolete inventory.

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The Strategic National Stockpile that Failed Us

NC State SCRC

ii] We observed an intense and immediate response by the Joint Acquisition Task Force to rapidly source supplies and quickly institute a robust vendor risk assessment process. health care system and risks in a supply chain dependent on global sourcing, would buffer the country from unanticipated disruptions.

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Nearshoring & Reshoring Will Continue to Increase Thanks to these Main Benefits

GlobalTranz

Offshoring is basically when a company moves manufacturing to a foreign country in an attempt to save money. For a time, this model of manufacturing seemed to be the paragon of effective business. Reshoring Vs. This may include research and development, product manufacturing, product packaging, and shipping processes.

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Renegade Riposte

Supply Chain Shaman

We developed the Supply Chain Index in 2014 as a way to measure supply chain improvement at a balance sheet level. After, I explained this, I granted Peter permission for the council to use the Index (the use of the Supply Chain Insights content follows the principles of open source), I then said to Peter, “I am glad that you called.