Remove America Remove Forecasting Remove Manufacturing Procurement Remove Shipping
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Supply Chain Resilience. Really?

Supply Chain Shaman

Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supply chain resilience. Expand the “FLOW” program for logistics information sharing to forecast transportation flow. The result was restatement. My conclusion?

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Inventory Control in Manufacturing: 7 Strategies to Maximize Service Levels and Profit Amid Disruption

ToolsGroup

Like most industries, manufacturers around the world are feeling the pinch of inventory disruption brought on by shortages and other supply chain challenges. But manufacturers are unique. What is Manufacturing Inventory Control? What is Manufacturing Inventory Control? 4 Common Inventory Pitfalls Manufacturers Must Avoid.

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Securing the Pickleball Supply Chain

Logistics Viewpoints

For example, pickleball has been the fastest growing sport in America for 3 years. Or, alternatively, a company carries too much inventory, storage for excess inventory must be purchased, and cash flows become tight. 25% of the products are purchased and then kitted by the company. Jennings’ name. The timing was not great.

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This Week in Logistics News (January 27 – February 2)

Logistics Viewpoints

percent drop in annual sales, UPS forecast a 2024 upswing of as little as 1.1 Amazon achieved its fastest-ever global shipping times last year but isn’t resting on its laurels. Multiple members of the Intermodal Association of North America (IANA) were the recipients of the funds. And now on to this week’s logistics news.

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Maximizing Inventory Efficiency Through Strategic Purchasing

RFgen

Integrating purchasing and inventory control is critical for forward planning and forecasting in today’s economic climate. Automated technologies and mobile inventory management systems can help align teams around a single source of truth when making inventory decisions. Essential to this process is purchasing.

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What Caused the Baby Formula Shortage + 7 Ways Consumers and Companies are Coping

ToolsGroup

Data also shows that half of US states are experiencing out-of-stock rates between 40% and 50%: Image source: Flipboard. This made it incredibly difficult for manufacturers to accurately gauge the market size for production. The Risk of Outdated Forecasting Software. Image source: Sturgis Journal.

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Seven Mistakes You Wish Your CFO Had Not Made You Make

Supply Chain Shaman

Overall lead times from North America to Asia took 17 days longer than from Asia to North America, or 25% longer. Source E2open Shipping Index). The Chief Financial Officer gained more presence with procurement and IT reporting to finance. We started the conversation with sourcing. Focus on Cost.