Eliminating Excess Inventory in India & China for Fortune 500 Food Manufacturer

CHAINalytics

Chainalytics helped a global food manufacturer optimise its inventory levels for a number of SKUs in India and China resulting in reduced working capital requirements and less product waste. Since food and beverage products have a short shelf life, there’s a big upside to getting inventory levels just right. So when our client, a Fortune … The post Eliminating Excess Inventory in India & China for Fortune 500 Food Manufacturer appeared first on Chainalytics.

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Supply Chain Opportunities in China

Supply Chain Movement

Distribution in China takes a detour. China is not only an attractive market in terms of sourcing and manufacturing but also for the sale of goods due to the rapid growth of its middle class. Hence the companies Bugaboo and Foss have both faced considerable challenges, as they revealed during the recent ‘Supply Chain Opportunities in China’ seminar in Amsterdam on 24 June 2015. That means that we can’t supply mainland China directly from our factory.

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‘Supply Chain Opportunities in China’ – 24 juni 2015

Supply Chain Movement

‘Supply Chain Opportunities in China’. Introduction – Guillaume Burette, General Manager Logistics – DSV China. China: from sourcing location to an end market. 12:00 China as a Global Distribution Centre – Manufacturing and bonded warehousing. 13:00 Domestic warehousing and distribution centres in China. China as a Regional Distribution Hub. Ralf Bekink, National Business Development Manager – DSV China. Customer deliveries in China.

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Distribution in China takes a detour

Supply Chain Movement

China is not only an attractive market in terms of sourcing and manufacturing but also for the sale of goods due to the rapid growth of its middle class. Hence the companies Bugaboo and Foss have both faced considerable challenges, as they revealed during the recent ‘Supply Chain Opportunities in China’ seminar in Amsterdam on 24 June 2015. China expert Fred Sengers was the moderator. That means that we can’t supply mainland China directly from our factory.

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U.S. Shortage of China Supplied Commodity Drugs Prompts Shift

Operations and Supply Chain Management

Disruptions in medical supply chains during the coronavirus pandemic show how dependent countries have become on China for vital pharmaceutical supplies, the WSJ’s Chuin-Wei Yap reports, triggering a concerted effort to revamp production channels that have been built up over years. China makes nearly half the planet’s API, making it a powerhouse in drug production. Shortages of the simple, over-the-counter painkiller acetaminophen this spring have set off alarms in the U.S.

Five Tips on Sourcing Products From China

EMERGE App

Google a phrase like “sourcing products from China” and you’ll instantly be faced by almost 39 million results! This underscores the importance of China being the world’s manufacturing hub in the past decade, and most likely for the next few decades.

4 Supply Chain Management Takeaways from China to Survive Coronavirus

Vinculum

What about China? Amid the chaos of local and global SCM operations, all eyes of the world are on China as it strives to emerge out of this crisis. There are two reasons for this: The pandemic started in China and has now gained a degree of control there too. China, being one of the leading global exporters for many industries and a technological giant unto themselves, have tried and tested a variety of models in striving to keep their SCM functions running.

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The Bionic Supply Chain: The human, robotics, drones inventory management workforce.

PINC

More recent challenges, such as the national warehouse vacancy rate hovering at record lows and warehouses bloated with inventory pulled in from China during 2018 to get ahead of impending tariffs, have emerged creating an even more demanding environment. For these reasons, proper inventory management—accompanied by the ability to move inventory throughout the supply chain at a high velocity and lower cost—has become a must-have in today’s business climate.

Excess Inventory? No problem. You have trailers in the yard.­­

PINC

With the national warehouse vacancy rate hovering at record lows and warehouses bloated with inventory pulled in from China during 2018 to get ahead of impending tariffs , companies can combine flexible storage options with advanced technology to create an end-to-end supply chain solution that works.

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Excess Inventory? No Problem. You Have Trailers In the Yard.­­

Talking Logistics

With the national warehouse vacancy rate hovering at record lows and warehouses bloated with inventory pulled in from China during 2018 to get ahead of impending tariffs, companies can combine flexible storage options with advanced technology to create an end-to-end supply chain solution that works. But even as developers have flooded the market with new inventory, some retailers are still having trouble finding adequate, flexible space. Tariffs and China.

What is Inventory Management?

EMERGE App

What is Inventory Management? Inventory management, in a nutshell, describes your efforts to manage, assess and report on the flow of your stock of goods. You might be using pencil-and-paper, spreadsheets or sophisticated inventory management software to do this.

Just-in-time in the Real World of Inventory Management

Unleashed

Just-in-time inventory (JIT) is the antithesis of just-in-case inventory and can be a valuable method of reducing waste and streamlining the supply chain. The benefits of JIT inventory are numerous, although they can only be realised with hard work to set up an intricate system involving many synchronised components. This tech giant has made giant-sized steps in the direction of lean manufacturing and JIT inventory.

Double Inventory Turnover In 9 months!

Supply Chain Game Changer

World Class Inventory Turnover Breakthrough Elements! “If we are truly a Supply Chain Services Company, then why is our Inventory Turnover only at 7?”, Could we double inventory turnover? Setting the Target to Double Inventory Turnover. Subscribe Here!

Speed Bumps on the Road to Growth for China’s 3PLs

Supply Chain @ MIT

Good transportation links a logistics strength in China. China’s logistics industry is gaining in importance and developing rapidly to support the nation’s manufacturing sector. This growth is strongly encouraged by the Chinese government, which aims to develop the country into a premium integrated transportation and logistics hub with supply chain management competence to strengthen China’s position in international trade.

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5 Consumer Perceptions of the U.S. Trade War with China and Holiday Shopping

Supply Chain Nation

and China has been a ping-pong-like match for the ages, sending tariffs flying back and forth. trade war/tariffs with China. An overwhelming majority of consumers report their recent spending is “business as usual” considering the trade war with China. trade war/tariffs with China leading into the holiday season compared to 28% at the beginning of the survey. Trade War with China and Holiday Shopping appeared first on Supply Chain Nation Blog.

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Navigating inventory through the eye of the COVID storm

EFT

According to several executives on the roundtable, failing to have inventory in the right place at the right time can have a massive impact on company performance, as sales are not realised when product cannot meet local demand.

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Best B2B Marketplaces in China

EMERGE App

B2B Marketplaces in China – Suppliers, Manufacturers, Distributors. Global Sources is a leading B2B media company and a primary facilitator of trade with Greater China. Focus Technology is a pioneer and leader in the field of electronic business in China. TradeKey – one of the largest b2b marketplaces in China. Chinese suppliers is to promote China’s manufacturing industry and foreign trade heavy industry to create B2B e-commerce platform.

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Double Inventory Turnover In 9 months!

Supply Chain Game Changer

Check out World Class Inventory Turnover Breakthrough Elements! “If we are truly a Supply Chain Services Company, then why is our Inventory Turnover only at 7?”, In that meeting I set the target … we needed to reach double digit Inventory turns within the next year.

Finn-Tack implements inventory and demand management solution

Supply Chain Movement

Finn-Tack, with an international customer base with growing global demand, has two production plants in China, and the Ukraine, manufacturing riding equipment and clothing. Finn-Tack invited Barloworld Supply Chain Software (SCS) to evaluate the future requirements of the company with a view of implementing a robust inventory and demand management solution capable of delivering significant inventory reductions across all of its warehouses.

Five Things You Can Do This Week to Reduce Inventory: Part V

Demand Solutions

In my previous articles on reducing inventory, I’ve explained the importance of setting a goal , fine-tuning your safety stock strategy , reducing your high-side forecast bias , and reducing stocking locations. The fifth thing you can do this week to reduce inventory is to spin the A’s. According to ABC Inventory concepts, “A” items make up just 20% of our product list but account for 80% of our sales. How to Reduce Your Average Inventory Level.

Five Things You Can Do This Week to Reduce Inventory: Part V

Demand Solutions

In my previous articles on reducing inventory, I’ve explained the importance of setting a goal , fine-tuning your safety stock strategy , reducing your high-side forecast bias , and reducing stocking locations. You’ll end up with a lower average inventory level.

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5 Consumer Perceptions of the U.S. Trade War with China and Holiday Shopping

Supply Chain Nation

and China has been a ping-pong-like match for the ages, sending tariffs flying back and forth. trade war/tariffs with China. An overwhelming majority of consumers report their recent spending is “business as usual” considering the trade war with China. trade war/tariffs with China leading into the holiday season compared to 28% at the beginning of the survey. Trade War with China and Holiday Shopping appeared first on Supply Chain Nation Blog.

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A Fast, Accurate and Collaborative Supply Chain – The JJA Story

DynaSys

The company employs 500 people located in France and in China with strong competencies to serve the needs of our customers. Therefore, their ability to forecast the potential demand and manage inventory to avoid shortages or overstocks is critical. JJA is a family-owned and independent company established in 1976. It is a human-sized company rich of its family history based on 3 core values: ethics, performance, and innovation.

Fast Fashion's Inventory Woes: 3 Ways Retailers Can Stay in Business

Elementum

However, this dynamic industry is now facing the same challenges as some traditional retailers —unsold inventory and profit losses. Inventory Woes. billion worth of unsold inventory.

Coronavirus COVID-19 Supply Chain Update

Transplace

As the first tier in many company supply chains, the disruption in China has sent ripples through the worldwide economy. Imports from China to U.S. Cargo flows and ship calls are rebounding in China as the situation normalizes. To date, there have been 111 total blank sailings involving China to US trade. There have been 75 blank sailings on China to UE trade – 28 due to the coronavirus and 46 due to Chinese New Year. In China, 70% of cases have recovered.

Fast Fashion's Inventory Woes: 3 Ways Retailers Can Stay in Business

Elementum

However, this dynamic industry is now facing the same challenges as some traditional retailers —unsold inventory and profit losses. Inventory Woes. billion worth of unsold inventory. CEO Karl-Johan Persson stated that moving forward, the company will need to “ensure a faster, more flexible and more efficient supply chain” to address misalignment of inventory and demand.

Letter from the CEO: Coronavirus Market Update

Transplace

The expectation is that two mega ships will arrive at the ports to pick up empties this week as the equipment is needed in China. Exports – China to U.S. Cargo flows and ship calls are rebounding in China. China driver, trucker shortages is still widespread. Port congestion continues in China with equipment shortages. to Asia export bookings especially in markets with low container inventory. Letter from the CEO: Coronavirus Market Update.

GM Supplier Factory Explosion: Thoughts on Supply Chain Visibility and Responsibility

Talking Logistics

This past Saturday, an explosion at the Kunshan Zhongrong Metal Products factory in China killed at least 75 workers and injured at least 185 others. The scope of end-to-end supply chain visibility must go beyond the status of orders, shipments, and inventory — it must also include having timely, accurate, and complete visibility to labor, safety, environmental, and legal practices across the entire supply chain.

Mexico Back in the Supply Chain Spotlight

Talking Logistics

A lot of companies set up operations and sourced from Mexico back in the 90s, then the focus shifted to China and other Asian countries, and now Mexico is back in the spotlight. economic recession made companies decrease inventories, which increased their need for speed to market and shorter cash-to-cash cycles. Unfortunately, China and most of Asia has a very long lead time, which makes forecasting even more difficult. It seems like we’ve come full circle with Mexico.

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S&OP in Las Vegas! Let’s Learn, Laugh, and Be Entertained at the S&OP Innovation Summit

Kinaxis

The contract manufacturer, Celestica, already manages manufacturing and inventory. The benefit is directly in the inventory, as seen in Kathleen’s slide. With the breadth of skills from being a contract manufacturer, Celestica uses Predictive Power and Kinaxis supply chain solution to insert the talent and skill in the S&OP cycle, directly impacting inventory, order fulfillment and cost.

Qualcomm: What’s Wrong With Traditional S&OP? – SupplyChainBrain & Kinaxis Video Series

Kinaxis

And Qualcomm, for its part, will benefit from improved inventory optimization. Demand management Sales and operations planning (S&OP) Supply chain collaboration Supply chain management China Chinese language Demand forecasting Forecasting License National Development and Reform Commission Qualcomm Sales and operations planning Supply and demand Supply chain

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How The Coronavirus Epidemic is Throttling Global Supply Chains

Logistics Bureau

Once China was hit by a Coronavirus epidemic and factories ordered closed, it was inevitable that global supply chains would be affected. International shipping has been hardest hit by the crisis, with a study and various reports by trusted media such as the New York Times and Financial Times showing the following dramatic repercussions in the period January-February 2020: A 30 percent drop in container volumes from China, which translates to a 9 percent fall in container volume worldwide.

How the Coronavirus May Affect Your Supply Chain

Transplace

Air export cargo to China is critically impacted due to the cancellation of many commercial airlines flying in and out of the country. Effects to China and United States Supply Chains. Container inventory may shift to an imbalance due to inactivity in China.

Your Trade War Survival Secret: Sales and Operations Planning – Part 2

DynaSys

When we left our account of mid-market manufacturer Superior Thermodynamics (ST), the company was weathering a tremendous escalation of the US-China trade war and faced the following questions: . Because the company relied on a state-of-the-art DSCP planning system covering the entire S&OP process from demand, production, and inventory through procurement and supply planning, integrated into the corporate global financial plan.

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Catastrophic Impacts of COVID19 in Bangladesh Apparel Supply Chain

NC State SCRC

He could have called me, and we could have worked something out, and found a way to delay payments, hold the inventory in stock for a period, take a partial shipment or other arrangement. Read the entire article here … Articles China Supply Chain Contract Management Coronavirus Coronavirus Supply Chain Corporate Social Responsibility COVID Supply Chain Risk Planning Director's Blog Global Supply Chain Labor and Human Rights in the Supply Chain Supplier Relationship Management