This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Supply Chain Improvement is based on the work that we completed with an Arizona State University Operations Research team to determine the Supply Chain Index. There are three reasons why: Vertical excellence—having the best manufacturing, procurement or transportation function—has not worked. ” Yes, I said.
They also enable the evaluation of networks for both sales and procurement relationships to optimize the flows upstream and downstream. The greatest gap is in the design of supplier and manufacturing networks. And, in our Digital Manufacturing Study. These technologies are applicable to solve many problems.
The logistics landscape is evolving rapidly as more manufacturers relocate production closer to domestic markets. China trade tensions driving businesses to reconsider offshore manufacturing. States like Texas, Georgia, and the Carolinas are attracting EV battery and semiconductor manufacturers. Midwest U.S. Midwest U.S.
Before I started doing this research, I believed procurement and manufacturing were aligned. While this is the case in 50% of the organizations, there are many organizations with large alignment gaps between finance/operations and procurement/manufacturing. Digital manufacturing is also a disruption. I was wrong.
Dave will be speaking on his journey along with other supply chain leaders at the Supply Chain Insight sGlobal Summit in Scottsdale, Arizona on September 10th and 11th. These interviews of supply chain leaders will be collated into our fourth book on supply chain excellencewhich will publish at ourconference in September 2015.
Supply Chain Matters highlights indications providing added evidence that manufacturers and retailers are front loading inventory management actions in attempts to initially hedge against added U.S. tariff strategies. These are already signs of increased costs and supply chain inflationary pressures.
Chuck has significant operational experience having served as the Chief Procurement officer for The Schwinn Bicycle Company, Ping Golf, Troy Built as well as a procurement officer for Maricopa County Arizona. Additionally Chuck has achieved significant results as a consultant for companies such as Media One.
Walmart previously scaled back its drone deliveries in 2024, when it ended the service in Utah, Arizona and Florida, in favor of focusing on remaining operations in Dallas-Fort Worth, Arkansas and Virginia. Eligible products include fresh produce, household essentials and various snack foods.
This type of software is used by businesses to plan and oversee routine operations, such as supply chain management, manufacturing, services, project management, customer relationship management, risk management, compliance, accounting and procurement. It has proven to be particularly useful for companies in the manufacturing space.
Example: A bicycle manufacturer adds a rear reflector and bell, reclassifying the bike as a safety transport device, reducing the duty rate by 10%. For example, a drone company that moved part of its assembly from China to Arizona experienced cost increases; however, the adjusted tariff math ultimately worked in their favor.
49% of respondents were from the manufacturing industry, 16% from the mechanical engineering sector, and 11% from the automotive market. While millennials and Gen Z make up the majority of eligible candidates to fill open roles, they show an innate mistrust or misperception of the supply chain and manufacturing industry. US Chamber ).
There are a lot of hard-headed realists in the procurement and supply chain profession. One of those voices is Hitendra Chaturvedi, professor of practice in supply chain management at Arizona State University’s W. Resilinc: What’s the current status of reshoring manufacturing? Carey School of Business. That’s good news.
As the demand for PPE has soared manufacturing capacity has become constrained, and some distributors are citing supply concerns. Manufacturers have responded to these efforts by stepping up the production of PPE. With manufacturing already running at peak capacity, supplies may begin to fall short.
That is not good for retailers and manufacturers, each under the looking glass to reduce not only transportation but also inventory carrying costs. Supply Chain Matters provides highlights of the March Logistics Manager Index which indicates that U.S. freight rates have reached their lowest levels in nearly six years. Separate U.S.
Supply Chain Matters highlights published reports indicating that leading semiconductor fab and device manufacturer TSMC is eyeing a second fab production presence in the U.S. based fabrication facility. However, the report cautions that TSMC has not made a final decision relative to this announcement.
Major semiconductor customers and industry manufacturers, undertaking their own supply network resiliency evaluations, continue to elect to diversify fab production presence across major product demand regions. Apple’s exclusive chip-manufacturing partner. based suppliers that manufacture electronic components.
Significant New Order Received Commercial aircraft designer and manufacturer Boeing announced another significant aircraft deal this week. The new international air carrier is to be named Riyadh Air, which is reportedly procuring 39 Boeing 787-9 aircraft, with an option for 33 more. At the same time, the U.S.
ProMat is where manufacturing and supply chain professionals come to find their supply chain WOW. At this event, you will get the opportunity to be part of a huge network of more than 2,500 global supply chain and procurement professionals. Phoenix, Arizona. www.iwla.com. PROMAT 2019. April 8-11, 2019. McCormick Place, Chicago.
The Supply Chain Matters blog highlights February global manufacturing and supply chain indices and challenges relative to product demand and supply network imbalance levels in the first quarter of 2022. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. The IHS Markit Manufacturing PMI™ reported a value of 57.3
The takeaway for September was that global manufacturing activity officially fall below the 50.0 As we have noted in our September and Q3 PMI highlights commentary, more manufacturers and retailers will be focused on efforts to offload excess inventories over this final quarter. Logistics Managers Index.
TSMC to Construct its First European Chip Fabrication Facility Industry leader Taiwan Semiconductor Manufacturing Company’s (TSMC) announced this week that the Taiwan based producer will construct its first European based chip facility that will be located in Germany. legislation, hence the delay.
Other insights pointed out in the May LMI report are that the current rate of contraction is strongest in upstream firms, namely manufacturers, wholesalers and distributors, compared to their downstream retail industry counterparts. Supply Chain Matters highlights this week’s release of the U.S.
billion grant awarded to Taiwan based TSMC to build advanced semiconductor fab capabilities in Arizona. Commerce Department has awarded a $6.4 billion grant to Samsung Electronics to build an advanced semiconductor fab capabilities in Tyler, Texas. The move follows a $6.6
Implications The June report’s narratives and implications can be viewed from two increasingly different frames of reference, one being the logistics and warehousing services industry, the other being manufacturers, retailers, wholesalers and businesses that are anchored in supply chain cost sensitivities.
The authors specifically make mention of geopolitics along with the ongoing effects of the pandemic impacting many manufacturing regions in China. This index reportedly rose to 3.29 , up from a reading of 2.8 in March, suggesting a worsening of global supply chain conditions. US Logistics Managers Index. in March.
The Logistics Managers Index Report® , compiled by researchers at Arizona State University, Colorado State University, Rochester Institute of Technology, Rutgers University and the University of Nevada Reno , and in conjunction with the Council of Supply Chain Management Professionals (CSCMP), reported an April 2023 value of 50.9,
Similarly, factories in areas of Shanghai , Shenzhen and Jalin provinces have had to restrict workers to manufacturing campuses in order to maintain operations. Further, 86 percent of manufacturers indicate disruptions to trucking and shipping networks were impacting their supply chains. US Logistics Index.
The overall takeaway from the July data was that global production momentum had begun to stagnate and in some regions such as the Eurozone, Taiwan, and to some extent , certain manufacturing regions of China, PMI values had reached contraction levels. . Global Supply Chain Pressure Index. Additional Data- U.S. Logistics Managers Index.
The Logistics Managers Index Report ®, compiled by researchers at Arizona State University, Colorado State University, Rochester Institute of Technology, Rutgers University and the University of Nevada Reno , and in conjunction with the Council of Supply Chain Management Professionals (CSCMP) , reported a May 2022 value of 67.1,
For manufacturers, retailers and other businesses with an objective toward reducing prior unprecedented and explosive increases in transportation and logistics services, the takeaway would be one of positive trending with a specific caveat.
Implement supply chain actions, including with internal procurement teams, with suppliers and through broader collaboration, and develop measurable targets for these efforts. In those situations, true scalability is more readily achievable if manufacturers are also focused on their customers’ demand signals.”
Only 29% of manufacturers easily manage total cost trade-offs. Total cost analysis is more difficult than it sounds and most technology implementations automated functional measurement systems (manufacturing or procurement), but leave the organization blind on the management of total costs. The reason? The result?
Procurement and supply chain executives are on the “same team” – and in general, a recent study conducted by the SCRC and GEP suggests that there is strong alignment between the two functions when it comes to prioritizing lower risks and reducing uncertainty in supply chains. And the older brother of speed is visibility.
Supply Chain Matters highlights added information regarding Taiwan Semiconductor Manufacturing Company’s (TSMC) expanded presence and investment in U.S. based semiconductor manufacturing. Apple’s exclusive chip-manufacturing partner. Background. That plant is slated for a 2024 opening. TSMC forms new and deeper roots in America.
In the decades since, Linton and his teams at IBM, LG, Flex and other companies have driven billions in annual procurement to China and other Asian countries, helping to create the Asia-centric manufacturing supply chains of today. based manufacturers will still need a strong supply base from friendly countries.
According to a White House briefing , Intel itself has plans to invest upwards of $100 billion to build and expand these semiconductor fab and supply network support facilities in Arizona, Ohio, New Mexico , and Oregon with the potential to create upwards of 30,000 jobs. It’s not going to come back in three to five years.”
Global-wide manufacturing levels as tracked by the composite index produced by J.P. Reportedly, at the end of 2024, global manufacturing activity levels remained at a state of contraction amid international trade volume declines. In this reports vernacular, downstream inventories equate to wholesaler and retail focused levels.
manufacturing investment. As an example, Taiwan Semiconductor Manufacturing Company (TSMC) , the largest global wide fabricator of advanced semiconductor processors has previously announced plans to invest upwards of $100 billion in fab facilities located in the U.S., and primarily in Arizona. Global Wafers $4 Billion U.S.
The Announcement Global based semiconductor contract fabrication services provider Taiwan Semiconductor Manufacturing Company announced a reported $100 billion investment in additional U.S. based advanced semiconductor manufacturing. The announcement was made earlier this week by TSMC CEO C.C. Wei at a White House event.
Bernie Sanders and Ted Cruz criticized its $76 billion in subsidies and tax incentives for semiconductor manufacturers to build domestic chip fabs, saying that the act gives taxpayer funds too freely to profitable corporations. ” What does this all mean for supply chain managers responsible for procuring semiconductors?
Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more.”[2] ” Coining a term and defining the term are two different things. Carey School of Business, explains what it entails.
Supplier driven innovation was also a major theme at the Procurement Leaders meeting in Miami this spring. In a podcast discussion with Kathryn Kelly, who leads the Ohio State University Manufacturing Network, we talked about some of the big impacts that the LIVING Supply Chain will have on small business.
We are currently working with Arizona State University (ASU) to use advanced operations research techniques to understand the patterns in our database of 52 supply chain financial ratios for the period of 2006-2013. Soluble coffee manufacturing is hugely asset intensive with important capital expenditure plant infrastructure.
Nvidia Partnership with Foxconn A published report from Bloomberg indicates that contract manufacturing services provider Hon Hai Precision Industry Co. The contract manufacturer reportedly is planning production capacity for 20,000 GB200 NVL 72 servers in 2025. Congressional leaders, and later, President Trump.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content