Remove Analytics Remove Inventory Remove Manufacturing Procurement Remove United States
article thumbnail

Give Analytics A Chance

Supply Chain Shaman

The United States is late in investing in port infrastructure. Container inventory is imbalanced. We cannot change things overnight, but there are some steps that we can take through the use of advanced analytics. Manage Make, Source, and Deliver Together. Invest in analytics to sense and translate demand.

article thumbnail

Give Analytics A Chance

Supply Chain Shaman

The United States is late in investing in port infrastructure. Container inventory is imbalanced. We cannot change things overnight, but there are some steps that we can take through the use of advanced analytics. Manage Make, Source, and Deliver Together. Invest in analytics to sense and translate demand.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Automating Procurement and Supplier Relations to Alleviate ESG Concerns

QAD

It is no secret that procurement executives are constantly seeking innovative ways to maximize efficiency and address unexpected supply disruptions. However, procurement is evolving into much more than the most cost effective option since the cheapest option often involves real world atrocities like child and forced labor.

article thumbnail

Why Technology-Driven Manufacturing SMBs Outperform Their Peers

OptiProERP

Deloitte’s analysis in  Connected Small Businesses in the United States  found that digitally advanced small businesses realized significant benefits compared to companies with low levels of technology engagement. Technology in manufacturing can help companies stay on top of vendor performance to ensure they meet their expectations.

article thumbnail

When It Comes to Planning, Please Vote with Ike!

Supply Chain Shaman

The 34th president of the United States (1953 to 1961.). Ironically, analytics capabilities increased greatly, while organizational capabilities precipitously declined. On average, industries carry 38 more days of inventory than in 2007. The problem is that most of it is the wrong inventory due to planning fallacies.

article thumbnail

What You Need To Know About The State Of The Retail Worker Shortage

ToolsGroup

Yet according to retail advisory firm IHL , “The most significant challenges to inventory distortion are the availability of workers and the disruptions outside of the immediate control of the retailer.” As per a recent report by CNBC , the labor department in the United States has 5.5 Source: Bloomberg.com.

article thumbnail

A New Decade: Give Science A Chance

Supply Chain Shaman

Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. When compared to pre-recession years, we ended the decade with twenty more days of inventory. Days of Inventory Comparison. The first story is about a large regional food manufacturer.