Remove 2022 Remove Continuous Improvement Remove Inventory Remove Transportation
article thumbnail

The State of the Trucking Market in 2021

GlobalTranz

High freight volumes across all industries in the trucking market are expected to continue into 2022.? The added strain on resources is on track to force high freight volumes to continue well into the next year. OTR freight represents a long-standing aspect of supply chain operations and transportation management.

article thumbnail

What is Lead Time? Definition & How to Shorten It

Unleashed

It includes everything from the procurement of raw materials to production, inventory management, and shipping. Managing and optimising production lead time involves balancing factors like production capacity, inventory levels, and operational efficiency to achieve the desired lead time while delivering items of high quality.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

ThroughPut Inc. Announces New AI-powered Financial Capabilities to Grow Bottom Lines Despite Market Disruptions and Supply Chain Uncertainties?

ThroughPut

PALO ALTO, CA, September 29, 2022 /PRNewswire/ — ThroughPut Inc. , The latest AI-powered software empowers businesses with a bird’s eye view of finances at the business unit and organizational level to identify those improvements in specific areas that can drive greater profitability and SKU-level contribution margins.

article thumbnail

Jumpstarting Your Journey Toward Digital Transformation in MRO for Manufacturers

RFgen

There are maintenance technicians to direct, labor to allocate, assets to keep track of, spare parts inventory to worry about and supplier networks to maintain. Assets are tangible inventory items that must be inspected, maintained, and are tracked with performance metrics. The Materials Supply Chain (MRO Inventory).

article thumbnail

Here’s Why Manufacturing Automation is Key for SMEs in 2022

Unleashed

Manufacturing automation includes a range of technology now available to SMEs, from software to robots Why is manufacturing automation so important in 2022? As with other business processes, successful automation in manufacturing processes requires companies to track goals and objectives for continuous improvement.

article thumbnail

Nucleus Research Unveils Control Tower Technology Value Matrix 2022 Recognizing e2open as a Leader

E2open

6, 2022 – E2open Parent Holdings, Inc. Nucleus highlights how demand swings, supply and labor shortages, transportation delays, and inflationary pressures continue to disrupt supply chains across the globe, driving the urgency for control tower solutions to assess and mitigate risk.

article thumbnail

Management of Ocean Transit Time Reliability and Visibility

The Logistics & Supply Chain Management Society

but when demand slowed, the pressure to reduce inventory becomes a lot higher. 2022 ocean schedule reliability dropped to 30%. Although 2023 first half reliability has been improving to around 65%, the lead time variability is still high compared to other modes of transportation, and still below pre-pandemic levels.