Synovos

DECEMBER 4, 2023

“Manufacturing plants are now competing for wages that were unheard of five or six years ago,” explains William Brummett, Vice President of New Business Development at RS Integrated Supply, a global Maintenance, Repair, and Operations (MRO) supply chain services company that provides outsourced procurement and storeroom solutions.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Inventory Reduction Cost Reduction Strategies 52

Synovos

DECEMBER 4, 2023

“Manufacturing plants are now competing for wages that were unheard of five or six years ago,” explains William Brummett, Vice President of New Business Development at RS Integrated Supply, a global Maintenance, Repair, and Operations (MRO) supply chain services company that provides outsourced procurement and storeroom solutions.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Cost Reduction Strategies Manufacturing 52

Supply Chain Game Changer

JULY 2, 2021

Shipping container shortage article and permission to publish here provided by Sam White at Argentus. Here’s an example: Every year, a huge volume of finished goods are shipped from Asia to North America. Shipping container shortage article originally published on Supply Chain Game Changer on July 2, 2021. Subscribe Here!

Shipping 105

Shipping Agile and Lean Supply Chain Supply and Demand Price Reduction 105

The Logistics & Supply Chain Management Society

APRIL 26, 2022

More specifically, it took 83 days for container transport from Europe to Asia, and 88 days from North America to Asia. Communication tools like order tracking, cloud-based shipping and ordering, and radio frequency identification (RFID) chips, enable real-time visibility of orders, shipments, and inventory.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Talking Logistics

MARCH 27, 2015

Now, on to this week’s supply chain and logistics news… Penske Logistics Reaches Agreement to Acquire Transfreight North America. This week it was Penske Logistics announcing that it is acquiring Transfreight North America from Mitsui & Co., Infor Delivers Dynamic Cloud Solution for Supply Chain Execution.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Design Software Network Optimization Software Modeling Software 100

ToolsGroup

APRIL 1, 2022

Statistics covered in the article include: How the Supply Chain Crisis is Impacting Businesses and Consumers. Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. Material Handling & Logistics ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

NC State SCRC

MARCH 17, 2021

Today’s Wall Street Journal article on the impact of the Texas winter storm on the petrochemical industry highlights many of the challenges that exist with this supply chain, that has been overlooked for perhaps too long. ” Discussions with experts on the Gulf Coast have also shared the challenges faced in this region.

Texas 52

Texas Chemicals Supply Chain Design Software Supply Chain Design 52

Zipline Logistics

JANUARY 10, 2023

This article was originally published by David Leichner of Authority Magazine. . He works alongside clients ranging from some of the largest food and beverage businesses in the world to the brightest up-and-coming CPG brands in North America. Perform a network analysis. Understand retail compliance.

Supply Chain Software 52

Supply Chain Software Security Supply Chain Strategy Logistics Network Optimization Software 52

Supply Chain Opz

NOVEMBER 9, 2014

In this article, we will show you tips from worldwide experts that you can use to streamline your global supply chain operations. Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times. These are three examples: Rule 3.1:

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

Logistics Bureau

MARCH 3, 2020

The impact on supply chains is particularly apparent in the following two broad areas— shipping and procurement of products/components/raw materials. COVID-19 Impact on Procurement. General Motors is airlifting supplies to its North American truck production. COVID-19 Impact on Shipping. Coping with the Crisis.

Manufacturing Procurement 59

Manufacturing Procurement Global Supply Chain Software Supply Chain 59

CH Robinson Transportfolio

NOVEMBER 12, 2014

I’m speaking, of course, of the growing number of companies who are either making a choice to manufacture in America by never offshoring in the first place or moving manufacturing back to America from overseas. An article written by Willy C. Shih and posted to the MIT Sloan Management Review discusses this topic in detail.

Manufacturing Procurement 69

Manufacturing Procurement Purchasing Skills United States America 69

Logistics Bureau

NOVEMBER 6, 2023

We hope the tips and ideas in this article will help you make inroads into warehouse energy and labour cost reduction. However, in this article, we’ll focus exclusively on the cost factor, drawing your attention to some questions you might ask yourself (and your team) about your facility’s energy usage.

Cost Reduction Strategies 89

Cost Reduction Strategies Warehousing Waste Reduction Purchasing Skills 89

Claritum

NOVEMBER 15, 2016

Claritum Article - Procurement Blog. Wholesale Distributors Get More Control Over Procurement. In turn, Accolent ERP users will now be able to take advantage of Claritum’s streamlined processes for sourcing, procurement and invoicing to deliver significant, measurable and sustainable cost savings and process efficiencies.

Procurement Solutions 32

Procurement Solutions Optimal Sourcing Purchasing Skills Supply Chain Network Software 32

Vinculum

MARCH 26, 2020

Businesses also procure product data from third parties who may denote information in another way than the one being used in the business. There are also many articles and research that prove how bad product information leads to the loss of customers; existing and potential.

Analysis 52

Analysis Modeling Software Procurement Solutions Purchasing Skills 52

GlobalTranz

AUGUST 9, 2016

The need to transport parts also drives inventory up, creates a need for space to store those parts, and uses energy for more forklift time and warehouse heating. Rather, going beyond customer expectations needs to be fully understood, and transportation strategies then developed to meet those expectations with optimal inventory levels.

Waste Reduction 120

Waste Reduction Agile and Lean Supply Chain Cost Reduction Strategies Lean 120

Logistics Bureau

MAY 24, 2019

The company was replenishing dealers’ inventory weekly, using direct shipment and cross-docking operations from source warehouses located near Deere & Company’s manufacturing facilities. The only option was to try to reduce levels of inventory, which, up to that point, had been kept very high to support a nine-week order cycle.

Cost Reduction Strategies 54

Cost Reduction Strategies Inventory Reduction Expense Reduction Price Reduction 54

Supply Chain Brain

JANUARY 15, 2018

Where in the past they might have focused primarily on days payable outstanding (DPO) as a financial metric, they’re now giving equal attention to days sales outstanding (DSO) and inventory levels. Comment on this article. All three measurements go into calculating a company’s working capital position.

Inventory Reduction 40

Inventory Reduction Survey Demand Planning Software Manufacturing Procurement 40