Enterra Insights

APRIL 18, 2024

There, too, policy has shifted from reliance on the free market and private business towards greater government control.”[3] ”[8] She also told participants, “Supply chain resiliency involves more than shifting from ‘just-in-time’ to ‘just-in-case’ inventory levels.

Global 130

Global Cost Reduction Strategies Expense Reduction Inventory Reduction 130

Synovos

JULY 24, 2023

RS is also aspiring to grow this range to 100,000 products globally by 2024/25. Contact Us The post RS Group releases report on its activities and strategy for Environmental, Social and Governance appeared first on RS Integrated Supply. A short video explaining RS’ ESG solutions is available here. Interested in our services?

Inventory Reduction 52

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RFgen

MAY 5, 2020

Many companies in the industry rely on unsustainable, manual data collection processes, creating a gap in inventory visibility. While commonplace in their use, keeping track of these high value, small electrical components can be an inventory management nightmare. The Problem: Lack of Inventory Visibility.

Real-time Visibility 54

Real-time Visibility Electronics Inventory Reduction Inventory 54

Supply Chain Matters

JANUARY 8, 2024

Commenting on the outlook for 2024, Chris Williamson, Chief Business Economist at S&P Global Market Intelligence noted in part: “ Given current order book trends, the overall picture from the survey is one of supply exceeding demand for many goods, which points to downside risks to production, employment and prices as we head into 2024.”

Manufacturing Procurement 52

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RFgen

MAY 5, 2020

Many companies in the industry rely on unsustainable, manual data collection processes, creating a gap in inventory visibility. While commonplace in their use, keeping track of these high value, small electrical components can be an inventory management nightmare. The Problem: Lack of Inventory Visibility.

Real-time Visibility 52

Real-time Visibility Electronics Inventory Reduction Inventory 52

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

Pushing the Supply Chain Reset Button by Lora Cecere , Founder, Supply Chain Insights Supply Chain Leaders Can’t Afford to Guess About the Future The global supply chain that we know today is built on three assumptions: rational government policy, low variability, and availability of logistics. Focus on right-sizing inventories.

Supply Chain Design Software 130

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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

QAD

MARCH 14, 2024

Episode #47: 2023 Playback | Auto Supply Chain Prophets Podcast Summary As I sit down to write this, I’m struck by how quickly 2024 is flying by! Coming into 2024 was particularly exciting for me because we’re now in the third year of our podcast (52 episodes!) Click here to listen to the full episode.

Agile and Lean Supply Chain 79

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QAD

MAY 23, 2023

Early adopters of environmental, social and governance (ESG) initiatives should be patting themselves on the back. ESG activity, initially driven by consumer demand and a general desire to do better, has grown into a massive movement that’s captured the attention of customers, investors and governments worldwide.

Procurement Solutions 94

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The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

IDC expects spending on Digital Transformation (DX) on the top 5 use cases – smart warehousing, freight management, optimized operations, supplier network management, and predictive network inventory orchestration – to hit USD $33Bn in 2022. Dr Christopher Holmes – Managing Director, IDC Insights Asia Pacific.

Predictive Analytics Software 246

Predictive Analytics Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 246

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

Furthermore, using qualitative and quantitative forecasting to manage product inventory and distribution enables the wider operations of the business and results in improved customer experience. The dynamic logistics model must incorporate all areas of the business including warehouse management, inventory, storage and last-mile delivery.

Supply Chain Software 130

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 130

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

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ThroughPut

FEBRUARY 2, 2024

Static vs. Dynamic Inventory Management Without Advanced Supply Chain Analytics: Inventory management might be based on static rules or historical sales data, potentially leading to overstocking or stockouts. Data Quality and Governance : Ensuring the quality and consistency of data is paramount.

Prescriptive Analytics Software 52

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Supply Chain Game Changer

JANUARY 7, 2021

The survey found that over 75% of supply chain management had concerns with the governance of digitization. With the advent of 2021, AI unveils new avenues for revolutionizing SCM across automation, planning, logistics, inventory, fleet & freight. According to research by CISION , by 2024, AI-led SCM market will reach $1.3

Inventory Reduction 84

Inventory Reduction Vendor Strategies Cost Reduction Strategies Supply Chain Strategy 84

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.

Supply Chain Design Software 72

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 72

Supply Chain Matters

JULY 18, 2023

the strategies were exploring nearshoring of prior foreign production, diversifying supplier networks and adding additional contingency inventories. The reduction in component level dependency for Dell was, according to Nikkei reporting, expected to take until the end of 2024 to complete. For those businesses located in the U.S.,

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Manufacturing Procurement Supply Chain Strategy 52

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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Supply Chain Matters

FEBRUARY 20, 2024

Since that time, the scrutiny and viewpoints focused on Boeing by government regulators, aircraft customers, mainstream business media and flyers themselves remains in the headlines. Bob Ferrari © Copyright 2024, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. All rights reserved.

Supply Chain Network Software 52

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American Global Logistics

FEBRUARY 15, 2024

Government policies and regulations, such as tariffs and trade agreements, can also impact supply chains by affecting the flow of goods and the overall cost of doing business. Moreover, changes in government policies and regulations, such as tariffs and trade agreements, can significantly affect supply chains and businesses' operations.

Supply Chain Risk Management 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.

Price Reduction 52

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Unleashed

SEPTEMBER 17, 2022

Sustainability reporting considers the impact of the business with broader criteria, focused on its environmental, social and governance goals, or ESG. Sustainability reporting means the company must assess its environmental impact, the communities in which it operates, and its governance, auditing and reporting of those responsibilities.

Sustainability 90

Sustainability Procurement Analytics Report Purchasing Skills 90

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 101

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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. Local governments remain challenged with heavy debt levels. The reported September PMI reported value 49.1 was relatively unchanged from the 49.0 value reported for August. reflecting a 0.4

Manufacturing Procurement 59

Manufacturing Procurement Global Optimal Sourcing United Kingdom 59

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

This visibility also supports environmental, social, and corporate governance (ESG) initiatives while improving operational performance. Ordering, manufacturing and positioning of inventory in preparation for maintenance activities.

Resource Reduction 243

Resource Reduction Supply Chain Design Software Resources Sustainability 243

Logistics Viewpoints

FEBRUARY 23, 2024

They testified that Robinette had, from the outbreak of the war, been “ardent and influential in opposing traitors and their schemes to destroy the Government.” These disruptions significantly impact just-in-time inventory systems and cause substantial upheaval in the supply chain schedules of numerous organizations. Walmart’s U.S.

Supply Chain Planning Software 249

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 249

Proxima

AUGUST 3, 2020

In a matter of days, an unexpected global disruption sent shock waves throughout countries, communities, governments, and businesses as the COVID-19 pandemic spread rapidly. billion by 2024. Companies reacted swiftly to protect employee health and safety. However, anything that touches automation comes with a large price tag.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Sourcing Strategies Supply Chain Strategy 52

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 224

Logistics Network Optimization Software Memphis Mississippi Logistics 224

American Global Logistics

APRIL 8, 2024

On March 26, 2024, the Francis Scott Key Bridge, a major transportation artery connecting Maryland and Virginia, collapsed. Disruptions to just-in-time (JIT) inventory systems. Many businesses depend on JIT inventory systems. JIT consists of minimal inventory and more frequent deliveries. Loss of inventory and goods.

Supply Chain Planning Software 52

Supply Chain Planning Software Maryland Baltimore Real-time Visibility 52

BlueYonder

MARCH 19, 2024

To this end, organizations should urgently prioritize extracting relevant, clean, and well-governed data, if they want to see a healthy return on investment in new technology. We’ve had increased sales, lower inventory, and increased margins. What does this mean for supply chain planning? The result?

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Planning Scenario Planning Optimization Software 70

Supply Chain Matters

APRIL 18, 2024

government stepped in with policies and national directives that were aimed at boosting the supply and available of critical vaccines and drug treatments for severely ill patients. Recall that the government provided the monies to help fund drug development and distribution to the points of healthcare provider distribution needs.

Manufacturing Procurement 52

Manufacturing Procurement Pharmaceutical Purchasing Skills Sourcing Strategies 52

Logistics Viewpoints

MAY 19, 2023

That assessment comes as a result of 10 months of subdued demand, inventory de-stocking, and high interest rates, the New Jersey-based company said in its “The GEP Global Supply Chain Volatility Index.” But a key focus right now for Amazon is using AI to figure out where to place its inventory. billion between 2022 and 2024.

Logistics Network Optimization Software 210

Logistics Network Optimization Software GEP Logistics Florida 210

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. Since neon gas is used to produce semiconductor chips, both governments and businesses are seeing prices increase. Wall Street Journal ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Elementum

AUGUST 11, 2016

The company states that “The truckload freight environment thus far in 2016 has been challenging (due to) excess industry capacity, excess customer inventories, and sluggish demand.” from 2004 to 2014, with HCVs comprising 67% of market share. Additionally, the truck market is expected to grow at a CAGR of 3.1%

Industrial 60

Industrial Industry Cost Reduction Strategies Inventory Reduction 60

ThroughPut

JUNE 24, 2022

At the same time, global spending on IIoT Platforms 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. ACCURATE INVENTORY MANAGEMENT. Accurate inventory management can ensure the right flow of items in and out of a warehouse. WAREHOUSE EFFICIENCY.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 98

RFgen

SEPTEMBER 12, 2019

In fact, a recent study by Zebra Technologies reveals that 6 in 10 companies are planning to augment labor with more warehouse automation by 2024. Also Read: Why Inventory Accuracy Matters ». Live, accurate data eliminates much of the time workers waste looking for misplaced or phantom inventory that isn’t where it’s supposed be.

Supply Chain Software 54

Supply Chain Software Warehousing Inventory Reduction Resource Reduction 54

RFgen

SEPTEMBER 12, 2019

In fact, a recent study by Zebra Technologies reveals that 6 in 10 companies are planning to augment labor with more warehouse automation by 2024. Also Read: Why Inventory Accuracy Matters ». Live, accurate data eliminates much of the time workers waste looking for misplaced or phantom inventory that isn’t where it’s supposed be.

Supply Chain Software 52

Supply Chain Software Warehousing Inventory Reduction Resource Reduction 52

Vinculum

OCTOBER 26, 2020

The e-economy is encouraged by the UAE government making it a regional hub for the setup and growth of online businesses. resulting in a projected volume of more than US$10,000m by 2024. UAE being the second highest in terms of internet penetration, Emirati internet users account for 5.8% Challenges for the eCommerce setup.

United Arab Emirates 52

United Arab Emirates UAE Optimal Sourcing Procurement Solutions 52