Remove 2030 Remove Analytics Remove Inventory Remove Manufacturing
article thumbnail

Top 5 Logistics Challenges and Solutions for the Manufacturing Industry

GlobalTranz

The manufacturing industry faces many challenges, such as a skilled labor shortage, supply chain instability, and inventory management issues. GlobalTranz works with manufacturing shippers every day to move their goods and streamline their logistics strategies. 5 Challenges Facing Supply Chain Managers in Manufacturing.

article thumbnail

Supply Chain Performance Declined In the Last Decade. The Question is Why?

Supply Chain Shaman

of revenue on information technology (IT), only six percent of manufacturers drove performance at the intersection of growth and margin. Rise in Inventories. Less Effective at Inventory Management. Inventories grew twenty days over the decade. Sadly, most of it is the wrong inventory. Despite spending 1.1%

Insiders

Sign Up for our Newsletter

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

article thumbnail

Overcoming The Barriers to Use Channel Data

Supply Chain Shaman

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. The decline in inventory turns uses cash. My question is, “Why?” Growth requires cash. The reason?

article thumbnail

The Greenest Mile: Planning’s Role in Supply Chain Sustainability

Logistics Viewpoints

Pharmaceutical manufacturer Amgen built a new biomanufacturing plant in Singapore that uses 70% less carbon than traditional facilities. Schneider Electric has committed to convert its 14,000 fleet vehicles to electric by 2030. Reducing inventory saves money but also reduces waste, because obsolete inventory becomes another problem.

article thumbnail

Pushing the Supply Chain Reset Button

Supply Chain Shaman

We have heard that there is a focus on near-shoring, reshoring, and local manufacturing. Building a fab (manufacturing site) takes two-to-four years and requires the availability of water and trained labor. If ERP system input includes lead time, why is there such bloat and a problem with inventory restatements?

article thumbnail

Ease the Burden of Labor Shortages and Increase Supply Chain Resiliency 

Logility

resigned from their jobs in durable goods manufacturing. The trucking industry was down 80,000 drivers in 2021, and that shortage is anticipated to balloon to 160,000 by 2030. million by 2030. Reroute orders to other warehouses and manufacturing locations. In February alone, 22,000 people in the U.S. million to 75.3

article thumbnail

My Lessons in Interviewing Supply Chains to Admire Award Winners

Supply Chain Shaman

To help, we analyze business results each year to understand which companies outperform on the balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) over the past ten years. Leaders invest in analytics and customer-centric innovation. The focus of the conference is on Supply Chain 2030.