Remove 2030 Remove Blog 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

Manufacturing ERP Plays a Key Role for Sustainability

QAD

As an example, look no further than Microsoft’s announcement to be carbon negative by 2030 and their commitment of $1 billion towards a climate innovation fund. The Sustainability Movement in Business and Manufacturing. Whirlpool, Saint-Gobain, 3M, Comvita, Medtronic and others. Enhanced long-term business viability.

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

Supply Chain Scope: New Study Shows Rise in US Inventories; California Estimated to Improve Freight Efficiency by 25% in 2030

Arkieva

A new study by the SupplyChainDigest analyzing the main components of working capital: Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO) revealed an uptick in DIO. Sustainable Freight Action Plan for California is estimated to Improve Freight Efficiency by 25% in 2030. View full report.

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

The March of the Lemmings.

Supply Chain Shaman

In this blog post, I share quantitative research, mixed with stories, of Sales and Operations Planning (S&OP). Manufacturing companies are statistically less satisfied with their S&OP processes in 2019 than they were in 2016 at a 90% confidence level. Imagine Supply Chain 2030. The Research. . Businesses are complex.

S&OP 171
article thumbnail

Measuring Up?

Supply Chain Shaman

The average manufacturing company’s supply chain organization is 15 years old. In our analysis, only one out of ten companies successfully improves operating margins and inventory turns at the same time. Inventory Turns. The bigger the inventory turns number the better. Cash-to-Cash.