Unleashed

MAY 7, 2023

With the right systems in place, manufacturing inventory management can help to reduce production and ensure all operational processes are carried out effectively and efficiently. In this guide, we cover the types of manufacturing inventory, the costs, and a few handy strategies for managing it effectively.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Material Savings Inventory 52

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

He crafted delivery solutions for e-commerce clients and managed supply chains for several chemical and freight forwarding companies. Tim has held various positions with MNCs, gaining a wide knowledge and expertise in logistics operations.

Optimal Sourcing 162

Optimal Sourcing Supply Chain Planning Software Singapore Logistics Network Optimization Software 162

Unleashed

SEPTEMBER 7, 2021

In this guide to barcodes in inventory management: In order to apply barcodes to inventory management, it is important to understand the basics of the barcode system. Hence, some companies will find corded barcode scanners to be all they need, where other companies require wireless scanners to support their online inventory management.

Inventory Management Software 96

Inventory Management Software Inventory Management Inventory Reduction Inventory 96

The Logistics & Supply Chain Management Society

SEPTEMBER 21, 2022

Timing when stores need replenishment or when factory production will increase its demand, will likewise have better forecasting software to lower the overall waste in our inventory and retail systems. He crafted delivery solutions for e-commerce clients and managed supply chains for several chemical and freight forwarding companies.

Supply Chain Design Software 246

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Forecasting Software 246

Talking Logistics

MARCH 13, 2015

Here’s the news that caught my attention this week: January 2015 Freight Transportation Services Index (TSI). Truckload Freight and Rates Dip Seasonally in February: DAT Freight Index. Cass Freight Index – February 2015. business inventories flat, inventory-to-sales ratio highest since 2009 (Reuters).

Logistics Network Optimization Software 100

Logistics Network Optimization Software Logistics Mexico Freight 100

Supply Chain Game Changer

AUGUST 21, 2022

A global chemical manufacturer recently had to replace ships that transported bulk materials to ports. This chemical manufacturer is converting its entire distribution system to containers. In addition to product management, logistics also includes inventory management. This will help a company become more profitable.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

BR Williams Supply Chain Management

JANUARY 18, 2021

Warehouse inventory management systems (WMS). The ideal situation for any retailer or manufacturer is to have just enough inventory on hand to sell or to keep production lines running smoothly. Excellent safety and training programs. 6 Top Factors Influencing Distribution Management. Customer Perspective. Distributor Perspective.

Inventory Reduction 89

Inventory Reduction Cost Reduction Strategies Expense Reduction Material Savings 89

CH Robinson Transportfolio

SEPTEMBER 28, 2021

Robinson Director of Research and Market Intelligence: The truck driver shortage is top of mind for many as supply chain disruptions continue, port backlogs persist, and the gap between inventory supply and sales demand widens. Robinson’s North American Freight Market Insights. [1]

Michigan 82

Michigan Supply Chain Planning Software Supply Chain Design Software Demand Planning Software 82

Elementum

AUGUST 14, 2015

The cause was determined to be a chemical reaction from a storage facility belonging to Ruihai Logistics. In the devastating explosion's aftermath, we learned of port and factory closures, inventory damaged or destroyed, and severe delays on freight transport. Read our coverage here.

Chemicals 60

Chemicals Freight Inventory Logistics 60

Locus

MAY 4, 2023

Unlike local deliveries or regional transportation, the scope of line haul transportation is greater as it deals with high-volume freight carried over greater distances. Real-time tracking improves supply chain visibility, enables better inventory management, and allows for proactive decision-making in case of delays or disruptions.

Sourcing Strategies 52

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Talking Logistics

OCTOBER 12, 2018

I have to go to the grocery store again today to replenish our inventory (yeah, I don’t shop for groceries online; as the son of a bodegero, I’m old fashioned that way.). Transplace Acquires Yusen Logistics’ Intermodal & Freight Brokerage Group. Freight trucking startup Shipwell gets a $10 million boost (TechCrunch).

Logistics Network Optimization Software 101

Logistics Network Optimization Software Supply Chain Design Software Network Design Software Supply Chain Planning Software 101

Logistics Viewpoints

MARCH 6, 2023

The simplified assumptions allow companies “to manage margins, supply chain costs, and inventories”, but “it does not enable them to manage enterprise costs, profit, and working capital.” SK Capital is a private investment firm focused on the specialty materials, chemicals, and pharmaceuticals sectors. GEON is owned by SK Capital.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 235

Supply Chain Shaman

MAY 13, 2015

Forty years ago as a chemical engineering student, I learned the tedious craft of chemical plant design. Getting good at factory design is a merit badge of sorts for the chemical engineer. Getting good at factory design is a merit badge of sorts for the chemical engineer. In this position, we designed real-world plants.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Agile and Lean Supply Chain 150

BR Williams Supply Chain Management

AUGUST 31, 2020

A 3PL provider can provide access to technology like a warehouse management system (WMS) for tracking inventory, shipment status, and other tracking information, giving you the peace of mind that your products experience professional care. A quality 3PL provider like BR Williams will treat your freight like it’s our own.

Warehousing 98

Warehousing Material Savings 3PL Logistics Network Optimization Software 98

Elementum

AUGUST 29, 2017

As a center of petro-chemical industry and a conduit of trucking and rail out of Mexico, the key supply chain hub is currently devastated by Hurricane Harvey. Several ports and businesses, including ExxonMobil, INEOS, INVISTA, and Occidental Chemical, suspended their operations on Thursday August 24th, as Tropical Storm Harvey approached.

Forecasting 74

Forecasting Kansas City Forecasting Software Houston 74

QAD

FEBRUARY 26, 2019

Typical manufacturing products made in Belgium include engineering and metal products, automobile assemblies, transportation equipment, scientific and precision instruments, chemicals, pharmaceuticals, textiles, glass, petroleum and food and beverages. The seven registered air freight carriers in Belgium carried 1.4 Both the U.S

Belgium 67

Belgium Manufacturing Procurement Netherlands France 67

GlobalTranz

DECEMBER 11, 2014

Then we will cover in subsequent posts what are the benefits of using EDI in transportation along with a transportation management system, we will debunk a few myths, and then we will end the series by highlighting how a shipper at Cerasis used EDI to reduce freight expenditures and resources. What is Electronic Data Interchange?

Electronics 262

Electronics Transportation Data Resource Reduction 262

The Logistics & Supply Chain Management Society

SEPTEMBER 25, 2020

The GCC chemical industry is second largest manufacturing industry in value add, after refining. 2017 Facts and Figures report by Gulf Petrochemicals and Chemicals Association (GPCA), the chemical industry accounts for 3.1 Following COVID-19 the global chemical supply chain market reported a severe decline in output.

Chemicals 113

Chemicals Saudi Arabia Cost Reduction Strategies Inventory Reduction 113

Supply Chain Shaman

JANUARY 8, 2014

Prior to joining Starbucks, he worked at the executive leadership level in Europe, Latin America and North America at ICI, a global chemical company. He joined ICI Fibers after graduating college. He holds an MBA from Strathclyde University and a B.SC in Physics from the University of Edinburgh.

Procurement Analytics 259

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 259

ThroughPut

FEBRUARY 1, 2023

Even at some of the world’s best supply chains, redirecting chemicals and other products is a Herculean effort. This is why supply chain managers are always stressing over demand forecasts — something that tops the list of most critical inventory and warehouse management practices. u can’t just turn around a giant cargo ship.

Material Savings 52

Material Savings Price Reduction Expense Reduction Sourcing Strategies 52

Logility

JUNE 28, 2017

Process chemical manufacturers face complex supply chain challenges including dealing with hazardous and perishable ingredients whose characteristics (potency, color, composition, etc.) Chemical manufacturers faced with shrinking margins must put the right product in the right location at the right time. can vary from lot to lot.

Chemicals 100

Chemicals Supply Chain Planning Software Supply Chain Design Software Supply Chain Optimization 100

Supply Chain Shaman

JANUARY 28, 2015

We then rated companies on their ability to manage and improve a portfolio of metrics: operating margin, inventory turns and Return on Invested Capital (ROIC). What suppliers need help with cost (LEAN, labor, freight,…)? We are also working on Sales and Inventory Operations Planning (S&IOP). Third Phase: 2013-future.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

Supply Chain Matters

JANUARY 10, 2023

A published Future of Freight study sponsored by Deloitte in September 2022 indicated that U.S. the strategies were exploring nearshoring of prior foreign production, diversifying supplier networks and adding additional contingency inventories. firms are expected to reshore upwards of 350,000 jobs in 2022 alone. billion in September.

Predictive Analytics Software 52

Predictive Analytics Software Resource Reduction Cost Reduction Strategies Manufacturing Procurement 52

Supply Chain Opz

NOVEMBER 9, 2014

Reducing lead times from suppliers can help turn inventory faster, freeing up cash and ultimately satisfying customers. Risk pooling is considered the most important concept in supply chain management as it governs the tradeoffs in inventory management and leads to effective strategies such as push/pull and postponement.

Waste Reduction 274

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

The Logistics & Supply Chain Management Society

SEPTEMBER 25, 2020

In supply chain, remote inventory management which replaces the cumbersome routine labor of counting screws and switches will be part of the new automated supply chain paradigm. Knowing where inventories and goods in transit are and what they encounter is the prerequisite for timely decision-making to prevent delays, damages, and theft.

Supply Chain Software 100

Supply Chain Software Supply Chain Planning Software Agile and Lean Supply Chain Modeling 100

ThroughPut

DECEMBER 3, 2019

Even at some of the world’s best supply chains, redirecting chemicals and other products is a Herculean effort. This is why supply chain managers are always stressing over demand forecasts — something that tops the list of most critical inventory management practices. You can’t just turn around a giant cargo ship. Shipping Overseas.

Material Savings 52

Material Savings Manufacturing Procurement Shipping Saudi Arabia 52

Unleashed

SEPTEMBER 23, 2021

You’ll also need to design a platform to enable rapid transfer, coordinate transportation and manage inventory – and your staff will need training to ensure your operation runs smoothly. This will need plenty of room for cross docking terminals so goods can be transferred from one vehicle to another.

Case Study 92

Case Study Cost Reduction Strategies Study Inventory Reduction 92

MIT Supply Chain

MAY 8, 2013

How much inventory could be better managed in this segment if there was better visibility into end-to-end cargo flows? A chemical manufacturer we interviewed is using a third-party cloud application to negotiate freight rates with some 28 ocean carriers, for instance. It’s not a new idea.

Supply Chain Design Software 63

Supply Chain Design Software Analytics Software Price Reduction Industrial 63

Supply Chain Shaman

NOVEMBER 15, 2021

Inventories in the chemical industry are at record lows: a forerunner of bad days ahead. The health of all sectors is dependent on the chemical industry.) Hazardous freight is the most likely to get “rolled” at the dock. Much of the inventory on the ships at sea will miss the essential seasonal windows.

Supply Chain Design Software 278

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 278

Logility

AUGUST 17, 2016

Chemical manufacturers are faced with shrinking margins and cannot afford to put the wrong product in the wrong location at the wrong time. Inventory tends to be a very visible supply chain cost to senior management. How much inventory a company has is listed right there as a current asset on the balance sheet.

Material Savings 100

Material Savings Inventory Reduction Expense Reduction Resource Reduction 100

ShipBob

JANUARY 25, 2021

There is a duty exemption for goods produced at less than $800 in fair retail value in the country of shipment, but there is also a list of goods that are restricted by the administrative ruling, which includes: Products that require customs inspection (such as harsh chemicals or cleaning supplies). the company) per day.

Expense Reduction 52

Expense Reduction Cost Reduction Strategies Price Reduction How To 52

Logistics Viewpoints

OCTOBER 6, 2023

The Biden administration took aim Tuesday at the fentanyl trafficking threat, announcing a series of indictments and sanctions against Chinese companies and executives blamed for importing the chemicals used to make the deadly drug.

Logistics Network Optimization Software 246

Logistics Network Optimization Software Logistics Negotiating Skills Ireland 246

EMERGE App

MARCH 11, 2021

Inventory is the store or stock of goods. And in this post, you’re going to know the type of inventory exists. Four Types of Inventory. There are four types of inventory : work-in-progress, finished goods, raw material, and MRO goods. Finished goods inventory is that stock of completed products.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Manufacturing Procurement 52

GlobalTranz

MAY 20, 2015

When you choose a company to transport your freight or to supply you with the materials you need to manufacture a product, you are putting your hard work and reputation in their hands. We have talked a great deal about the evaulation of suppliers on our blog and this post continues that great tradition.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Supply Chain Shaman

NOVEMBER 15, 2021

Inventories in the chemical industry are at record lows: a forerunner of bad days ahead. The health of all sectors is dependent on the chemical industry.) Hazardous freight is the most likely to get “rolled” at the dock. Much of the inventory on the ships at sea will miss the essential seasonal windows.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

Supply Chain Shaman

NOVEMBER 15, 2021

Inventories in the chemical industry are at record lows: a forerunner of bad days ahead. The health of all sectors is dependent on the chemical industry.) Hazardous freight is the most likely to get “rolled” at the dock. Much of the inventory on the ships at sea will miss the essential seasonal windows.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

ThroughPut

OCTOBER 28, 2019

Even at some of the world’s best supply chains, redirecting chemicals and other products is a Herculean effort. This is why supply chain managers are always stressing over demand forecasts — something that tops the list of most critical inventory management practices. By Ali Hasan Raza. You can’t just turn around a giant cargo ship.

Saudi Arabia 40

Saudi Arabia Material Savings United Arab Emirates Shipping 40