Supply Chain Matters

JANUARY 8, 2024

Manufacturing job losses were reportedly registered for the fourth consecutive month in December, with cuts noted in China , the Euro area , the U.S. That remains a troubling indicator for added supply chain momentum into the first half of 2024. The pivotal turning point in the inventory cycle is a key factor for initiating a recovery.

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Supply Chain Matters

NOVEMBER 6, 2023

With output contracting for the fifth consecutive month and business optimism reportedly dipping to an 11-month low, the report pointed to cutbacks occurring in manufacturing employment, purchasing and inventory levels globally. percent in 2024. The October PMI reported value fell to a three-month low of 48.8, down from the 49.2

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

Supply Chain Matters

JULY 18, 2023

Supply Chain Matters highlights a published report indicating that PC maker Hewlett Packard is modifying supply sourcing akin to China Plus and nearshoring sourcing actions. That would include alternatives to China under the umbrella of either China Plus or de-risking sourcing changes. We pointed out that in 2022, more U.S.

Sourcing Strategies 52

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Supply Chain Matters

SEPTEMBER 6, 2022

The report’s cited data from the Freightos Baltic Index indicates that shipment of a 40-foot container from China to the U.S. A container shipment from China to Europe is down 42 percent. West Coast is now averaging $5,400 per container, down 60 percent from the start of this year. Added Perspectives.

Report 52

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Supply Chain Matters

DECEMBER 6, 2023

The report specifically indicates : “ November’s dip was largely triggered by a decline in Inventory Levels (-9.1) The report specifically indicates : “ November’s dip was largely triggered by a decline in Inventory Levels (-9.1) The report authors context these moves as a return to just-in-time inventory management practices.

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Logistics Viewpoints

FEBRUARY 8, 2021

Trade barriers are beginning to go up, particularly between China and the US. Companies are beginning to explore on-demand manufacturing rather than traditional manufacturing models, meaning they can keep less physical inventory on-hand. But even in 2024, these trucks will not be running across all lanes nationwide.

Supply Chain Planning Software 288

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Supply Chain Matters

SEPTEMBER 6, 2023

The overall pace of decline in overall new business was noted by the report authors as the steepest since January and have led Taiwanese manufacturers to lower their purchasing activities, drawdown inventory levels and continued staff level reductions. The inventories index decreased 2.1 Continued Contraction Levels for the U.S.

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Supply Chain Matters

DECEMBER 4, 2023

A continued subdued product demand environment and added caution reportedly led to a decline in overall purchasing activity, lower levels of inventory and improved supplier delivery times. Pre -and post inventory levels, however, fell at a weaker rate with European manufacturers reportedly being less aggressive in de-stocking efforts.

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

Freightos

AUGUST 29, 2023

Air rates – Freightos Air index China – N. kg China – N. And while a recent analysis shows US retail inventory levels are decreasing , they remain elevated, and, together with slowing sales, will likely push off a significant restocking cycle and freight rebound until mid-2024.Taken China – N.

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Supply Chain Matters

OCTOBER 6, 2023

Reportedly, destocking activities increased with finished product and raw materials inventories decreasing by the end of the quarter. A Rebound in China’s Production Activity Levels The two recognized indices of PMI within China indicate a rebound in production activity in the final month of Q3. China Business Council.

Manufacturing Procurement 59

Manufacturing Procurement Global Optimal Sourcing United Kingdom 59

Resilinc

AUGUST 30, 2023

The main countries affected by the drought are China, Japan, South Korea, and the US, as the Panama Canal facilitates 46% of container movement from northeastern Asia to the US. The current situation in the Panama Canal has already caused China-US spot shipping prices to rise by as much as 36%. So, what can supply chain managers do?

Panama 62

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Supply Chain Matters

MARCH 5, 2024

Supply Chain Matters provides highlights of reported February 2024 global and regional production and supply chain PMI indices. The February 2024 reading of 50.3 Output reportedly rose in China, India, Brazil and the United States , while declines continued in the Eurozone , Japan and the United Kingdom. and has increased 1.4

Manufacturing Procurement 59

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Supply Chain Matters

OCTOBER 26, 2023

Essentially, China based auto makers have been leading the charge to achieve volume leadership and lowest cost advantage in both domestic, and increasingly, export markets. and China, batteries for electric vehicles will remain higher for a longer period. billion Michigan battery production facility.

Price Reduction 52

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EazyStock

AUGUST 8, 2023

Smart inventory managers plan for Chinese New Year (aka Lunar New Year) many months before the event. In 2024, this will be from February 9-15. During this time, production across China will stop, and shipping will be delayed. The post Inventory planning to reduce Chinese New Year disruption appeared first on EazyStock.

Inventory Reduction 52

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Supply Chain Matters

NOVEMBER 2, 2022

billion investment in Horizon Robotics , a China based tech company to develop autonomous software for the Chinese market. Outside of China, development efforts will pivot to Bosch. Software challenges have forced this automaker to delay product launches of various regional specific EV models reportedly now extending to 2024.

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Resilinc

JULY 26, 2022

Importantly, lead times were improving by the end of the quarter, “partially because key cities in China reopened” after COVID lockdowns were lifted. in revenue growth over Q2 2021, TSMC acknowledged that a portion of its extraordinary growth arose from customers stockpiling large inventories.

Manufacturing Procurement 62

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Intelligent Audit

DECEMBER 12, 2022

As shippers drew down existing inventories, replenishment became necessary to quickly satisfy consumers’ spending habits. In addition, China had, and still maintains, a zero-COVID rule, meaning that to keep COVID outbreaks from spreading, China locks down a particular city or port, such as Ningbo and Shanghai.

Cost Reduction Strategies 52

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BlueYonder

DECEMBER 14, 2023

Micron has transformed its processes and relationships with customers and suppliers and used Blue Yonder’s Supply Planning and Inventory Optimization solutions to make its supply chain a competitive advantage. China, Ukraine, Middle East), high interest rates, concerns about recession, etc.

Supply Chain Design Software 73

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ToolsGroup

OCTOBER 10, 2022

Like most industries, manufacturers around the world are feeling the pinch of inventory disruption brought on by shortages and other supply chain challenges. Depending on what report you read, manufacturers are either stockpiling inventory to meet service levels or scrambling to stock up on inventory and often miss the mark due to shortages.

Inventory Reduction 156

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ModusLink Corporation

DECEMBER 13, 2022

Carrier rates are declining across the board, and Seatrade Maritime News reported an “expected trough of freight rates to mid-2023 from 2024 with a lower demand forecast and a higher than expected effective capacity increase due to the unwinding of congestion. Carriers Will Lower Rates But Keep Many Others.

Agile and Lean Supply Chain 78

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ToolsGroup

FEBRUARY 7, 2022

or the ability to order groceries while waiting at the doctor’s office, MCommerce sales are expected to exceed 400 billion US dollars in 2024. ” It’s a trend that has already seen success in China, where McKinsey & Co estimates that live commerce sales will reach $423 billion next year. Social Selling. The Metaverse.

Supply Chain Planning Software 177

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Resilinc

JANUARY 23, 2024

Accomplished procurement veteran and author Tom Linton provides valuable insights into the supply chain risk management landscape in 2024 in this exclusive Q&A. What are the biggest supply chain trends we will see in 2024, and how can managers prepare for those trends? Which megatrend is top of mind for you going into 2024?

Supply Chain Risk Management 102

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Vinculum

SEPTEMBER 24, 2021

By the time we hit 2024, the eCommerce market on the global level is estimated to touch $6.4 Walmart, too, uses the same approach when in China. The eCommerce sector has shown tremendous growth on the local and global levels. Statista revealed that from 2014 until 2020, the eCommerce sector had shown an exponential growth rate of 220%.

Omnichannel 52

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Intelligent Audit

SEPTEMBER 28, 2022

Despite falling short of last year’s holiday shipping traffic expectations, CEO Carol Tomé predicts a strong peak season in 2023, saying in a late July Earnings Conference Call , “ Inventory levels are good. Retailers are brought in to sell. Where last year, they didn’t. So that should help the peak demand.” With the agreement, the U.S.

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Unleashed

MAY 19, 2020

billion by 2024, according to Business Wire. Craft brewing is projected to be a US$107 billion industry by 2024. How many stock-outs, an event that caused inventory to be exhausted? Stock & Inventory Control. Assign a serial number to ensure you know where they’ve gone and when they come back into your inventory.

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Logistics Viewpoints

FEBRUARY 23, 2024

These disruptions significantly impact just-in-time inventory systems and cause substantial upheaval in the supply chain schedules of numerous organizations. As US and China relations continue to deteriorate, the US seeks to protect the global semiconductor supply chain by encouraging the building of foundries in the US. Walmart’s U.S.

Supply Chain Planning Software 250

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ToolsGroup

SEPTEMBER 18, 2023

Read on for her insights on 2024 supply chain trends, innovation, and women in the workplace. What key challenges and trends will affect supply chains going into 2024? Inna: Supply chains will continue to be a great focus of the C-suite and investors in 2024. How will the role of supply chain within the global economy change?

Gartner 296

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Proxima

AUGUST 3, 2020

billion by 2024. Warehousing managers are working tirelessly to solve capacity issues and respond to the influx of inventory replenishment, e-commerce orders, returns and inconsistent consumer demand. However, anything that touches automation comes with a large price tag. billion in 2018 and is expected to reach $96.2

Supply Chain Software 52

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IQMS

JUNE 18, 2019

Global spending on IIoT Platforms for Manufacturing is predicted to grow from $1.67B in 2018 to $12.44B in 2024, attaining a 40% compound annual growth rate (CAGR) in seven years. These and many other fascinating insights are from IoT Analytics’ study, IIoT Platforms For Manufacturing 2019 – 2024 (155 pp., PDF, client access reqd).

Analytics Software 69

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Logistics Viewpoints

OCTOBER 20, 2023

-bound shipments post first annual gain in 14 months in September Teamsters at DHL rally for fair contract The Mississippi River has dropped to a historic low Amazon is introducing an array of new artificial intelligence and robotics capabilities into its warehouse operations that will reduce delivery times and help identify inventory more quickly.

Logistics Network Optimization Software 225

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Logistics Viewpoints

FEBRUARY 3, 2023

Moller – Maersk is turning to flying drones to manage inventory counts in its warehouse network, the Danish firm said. Softness in China trade lanes hurt the top line from international segment, the company said. GW of energy to create a reaction in the flux capacitor to send Marty McFly back to the year 1985. billion last year.

Logistics Network Optimization Software 188

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ToolsGroup

APRIL 1, 2022

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. Shipping times from China to the United States increased from 85 to 100 days due to the Delta variant. Material Handling & Logistics ).

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RFgen

NOVEMBER 21, 2019

Retail enterprises must automate their inventory processes with mobility in order to stay ahead. This is no surprise, since retail relies on inventory management software and hardware to track, procure and supply its products. Read More: 3 Ways to Accelerate Inventory Management ». Abandon Paper Processes.

Supply Chain Software 54

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RFgen

NOVEMBER 21, 2019

Retail enterprises must automate their inventory processes with mobility in order to stay ahead. This is no surprise, since retail relies on inventory management software and hardware to track, procure and supply its products. Read More: 3 Ways to Accelerate Inventory Management ». Abandon Paper Processes.

Supply Chain Software 52

Supply Chain Software Inventory Reduction Inventory Management Software Warehousing 52

Stord

MAY 2, 2022

While the rest of the world adopts cloud technologies to help them break down silos and integrate communication, companies continue to use disparate applications and tools for managing orders, evaluating inventory, and shipping goods. This growth is continuing with e-commerce sales expected to reach $6 trillion by 2024. Louis and St.

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Supply Chain Planning Software St. Louis Supply Chain Software Demand Planning Software 78

Logistics Bureau

JANUARY 30, 2023

So let’s get this new roundup underway with a look at the COVID situation in China since the nation shifted away from a zero-COVID policy. In any typical year, companies around the globe must factor the New Year shutdown into their inventory management plans. An End is in Sight, But Will it Be Too Late? But with U.S./China

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Supply Chain Matters

JULY 20, 2023

Bloomberg ’s reporting, in addition to margin performance, focused in-part on the trend toward higher finished vehicle inventories. Noted was that the EV maker has 16 days of global wide inventory, up from 15 days in Q1 , and 4 days in the year ago quarter. The final challenge noted in the Economist perspective is that of China.

Cost Reduction Strategies 52

Cost Reduction Strategies Price Reduction Inventory Reduction Expense Reduction 52