Resilinc

APRIL 17, 2024

Avoid the pitfalls of single sourcing and learn strategies to build a more resilient supply chain. Single sourcing and sole sourcing are two different procurement strategies in supply chain management. This provides benefits like shorter transportation times and improved inventory efficiency.

Sourcing Strategies 98

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Negotiate Pricing 98

Cathy Roberson

SEPTEMBER 7, 2021

Despite supply chain costs increasing and available capacity almost a rarity, retailers are undertaking a variety of ways to make sure they receive their inventory in time for the ever-important holiday season. “We feel good about the composition of our inventory. It's been difficult to plan inventory flow with much precision.

Inventory Reduction 92

Inventory Reduction Inventory Sourcing Strategies Retail 92

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Product strategies. Operational strategies. Many companies buy forward inventory ahead of tariffs being implemented. This strategy, however, may incur additional warehousing and storage costs, and firms may experience accounting challenges where an inventory is considered an asset, which could affect cash flow.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

Logistics Viewpoints

FEBRUARY 2, 2024

UPS is seeking alternative strategies for its truck brokerage business, which has seen sales plummet amid a freight recession marked by declining rates and over capacity. technology from helping China’s military. Soft demand in Europe and the US led to an overall decline of 7.5 per cent in fourth-quarter delivery volumes.

Cost Reduction Strategies 234

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 234

Logistics Viewpoints

JANUARY 26, 2024

Retailers are reviving an old playbook to manage their inventory levels after four years of struggling to find the sweet spot of holding enough merchandise but not too much. The increases are being felt far beyond the disrupted trade routes that link China with Europe and the U.S. And now on to this week’s logistics news. East Coast.

Logistics Network Optimization Software 232

Logistics Network Optimization Software Logistics Panama California 232

ShipBob

AUGUST 3, 2021

In this article, you will learn the importance of supply chain agility, what it means to be agile, plus strategies and best practices you can incorporate into your supply chain. Some examples of how to meet customer demand and stay agile include: Storing inventory in several distribution centers. Inventory management.

Agile and Lean Supply Chain 119

Agile and Lean Supply Chain Sourcing Strategies Inventory Reduction Material Savings 119

PINC

OCTOBER 29, 2019

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. Present and discuss existing and potential cases. appeared first on PINC.

Inventory Management Software 100

Inventory Management Software Supply Chain Software Inventory Management Supply Chain Planning Software 100

Supply Chain Matters

MAY 3, 2022

They collectively provide evidence that the prior disruptions still occurring among industry supply chains, compounded by the latest manufacturing, logistics and transportation disruptions occurring in China, will have a longer economic and service level effect in the coming months. Global Manufacturing Output Levels Declined.

Manufacturing Procurement 52

Manufacturing Procurement China Purchasing Skills Supply Chain Planning 52

Logistics Viewpoints

MARCH 25, 2021

Your transportation consultant can help develop response strategies to ensure your supply chain continues to operate while the problem is addressed. The system wasn’t prepared for the surge, driving up pricing for transportation and sapping inventory levels. The average cost of a data breach reached $3.86

Supply Chain Planning Software 309

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 309

Enterra Insights

FEBRUARY 2, 2023

”[3] The China Problem. China’s zero tolerance policy for dealing with the pandemic repeatedly created unanticipated and undesirable disruptions. Even though China has now relaxed those policies, the country is dealing with a severe Covid outbreak that continues to cause disruptions. It became too long.”[4]

Supply Chain Software 130

Supply Chain Software Agile and Lean Supply Chain Material Savings China 130

Supply Chain Shaman

JUNE 29, 2022

This small island is currently in the middle of political tensions between the US and China and represents 90% of the most sophisticated chips, such as those based on gallium nitride and gallium arsenide, which are used in the defense and aerospace sector. The China COVID disruption impact is ongoing creating container and chassis imbalances.

Supply Chain Design Software 251

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 251

Ware2Go

JUNE 20, 2023

In this article: Ocean Freight: Key Stats & Industry News Ocean Freight Shipping: What to Watch For In 2023 Freight Shipping From China & Alternatives What Are The Current Ocean Freight Rates? In September of 2021, shipping prices between China and LA jumped a staggering 500% YoY due to congestion and lack of shipping containers.

Negotiating Skills 98

Negotiating Skills Supply Chain Planning Software Supply Chain Planning Freight 98

Demand Solutions

OCTOBER 18, 2016

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. ” I hear you.

Inventory Reduction 100

Inventory Reduction Inventory Forecasting China 100

Demand Solutions

OCTOBER 18, 2016

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. ” I hear you.

Inventory Reduction 100

Inventory Reduction Inventory Forecasting China 100

Operations and Supply Chain Management

AUGUST 6, 2020

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. and around the world. makers found unprofitable to produce.

China 40

China Pharmaceutical Agile and Lean Supply Chain Inventory Reduction 40

Supply Chain Shaman

SEPTEMBER 5, 2022

Currently, companies struggle with rolling electric outages in China. Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. Today, inventory fire sales abound. Headline news included Wal-Mart, Target, Kohl’s and Macy’s struggling with inventory bloat and offering deep discounts. Why We Cannot Get Inventory Right.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 235

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

This small island is currently in the middle of political tensions between the US and China and represents 90% of the most sophisticated chips, such as those based on gallium nitride and gallium arsenide, which are used in the defense and aerospace sector. The China COVID disruption impact is ongoing creating container and chassis imbalances.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 130

ivalua

SEPTEMBER 19, 2022

The past few years have highlighted serious deficiencies in prevalent supply chain strategies and the major risk that disruptions pose to corporate success. More robust contingency plans that complement current strategies might suffice. . Common Supply Chain strategies, such as just-in-time inventory, exacerbate the impact of shocks.

Supply Chain Risk Management 130

Supply Chain Risk Management Risk Management Inventory Reduction Cost Reduction Strategies 130

Supply Chain Matters

JULY 5, 2023

The report cautions that the EV automaker’s vehicle demand patterns have been softening of-late and that this automaker has added risk in building too much finished inventory. The CNN report indicated that based on the China trade agency data, the Shanghai facility accounted for 53 percent of total sales in the recent quarter.

Price Reduction 52

Price Reduction Expense Reduction Inventory Reduction Sourcing Strategies 52

ThroughPut

FEBRUARY 1, 2023

companies with global operations, one of the most effective global value chain strategies and supply chain strategies is to mitigate risk by shipping smarter. 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.

Material Savings 52

Material Savings Price Reduction Expense Reduction Sourcing Strategies 52

Supply Chain Matters

JUNE 17, 2022

Among global CEO s, 38 percent indicated that rising tensions among the US and China , along with the Ukraine conflict’s implications will likely have a major impact on business operations in the next 12 months. Inventory Management Assessment- Samsung Electronics. Samsung ’s inventory balances reportedly reached the equivalent of $36.9

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 52

Logility

OCTOBER 18, 2022

Sanctions, blocked Ukrainian ports, and stalled transportation routes have also disrupted the China-to-Europe supply chain. Rethink just-in-time inventory policies: There could be another pandemic or another war. By 1979, China was one of the globe’s fastest-growing economies.

Supply Chain Disruption 130

Supply Chain Disruption Predictive Analytics Software Predictive Analytics Agile and Lean Supply Chain 130

Enterra Insights

AUGUST 2, 2022

Rosemary Coates ( @Rosemary_Coates ), Executive Director of the Reshoring Institute, believes the current supply chain mess will force many manufacturers to rethink their reshoring/near-shoring strategies. manufacturing capability, and increasing their inventory positions. This has created enormous new opportunities for U.S.

Supply Chain Design Software 130

Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Design 130

Logistics Viewpoints

MAY 5, 2022

slowdowns in China, and?unloading However, not all organizations have implemented new software, strategies, or procedures to help increase visibility to their supply chains and deliveries, contributing to a?6.2% Although organizations have solutions to manage their inventory, labor, and warehouse operations, they?

Real-time Visibility 189

Real-time Visibility Supply Chain Software Los Angeles Demand Planning Software 189

GlobalTranz

APRIL 13, 2021

Don’t expect to plan for every disruption; instead, develop a strategy to overcome supply chain disruption, regardless of the source. Preparing your supply chain for resiliency begins with risk management and a proactive strategy. And it bounces back, perhaps taking on new shapes as necessary in response to the latest disruption.

Supply Chain Disruption 205

Supply Chain Disruption Supply Chain Planning Software Supply Chain Design Software Supply Chain Strategy 205

EMERGE App

FEBRUARY 22, 2019

But while the newly arrived goods sit in your warehouse, did you know that there are also costs associated with keeping inventory? They are collectively called inventory carrying costs because they need to be paid to hold inventory. Here, we’ll explore what is meant by inventory carrying costs and their examples.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Purchasing Skills Inventory 75

Vinculum

APRIL 19, 2020

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. Takeaway #4 – Plan for recovery.

Supply Chain Planning Software 52

Supply Chain Planning Software China Supply Chain Software Modeling 52

Supply Chain Matters

NOVEMBER 28, 2022

Specifically for retail and consumer goods focused supply chain management teams, a short-term tactical concern is the ongoing management of excess product inventories, which in many cases, need to be trimmed before the end of the year. Profitability objectives are paramount, but inventory overhang remains a significant challenge.

Sourcing Strategies 59

Sourcing Strategies Material Savings Inventory Reduction Resource Reduction 59

USC Consulting Group

JUNE 3, 2020

“It is imperative that our federal government now begin to lay out a strategy for ensuring the continued operation of the critical infrastructure industries,” Anderson said at the time. Inventory management more of a priority. In a statement , ADPI CEO and President Blake Anderson said at the time that the U.S.

Inventory Reduction 64

Inventory Reduction Sourcing Strategies Material Savings Beverage 64

Supply Chain Matters

JANUARY 3, 2024

The increased cost of working capital and supplemental inventory levels to mitigate fulfillment risk is likely to revert back to just-in-time inventory management. Manufacturing job losses were reportedly registered for the fourth consecutive month in December, with cuts noted in China , the Euro area , the U.S.

Predictive Analytics Software 59

Predictive Analytics Software Sourcing Strategies Manufacturing Procurement Supply Chain Strategy 59

Supply Chain Matters

JULY 25, 2022

As the calendar now moves to the second half of 2022, it is important to focus on rapidly changing developments including a marked escalation in geopolitical tensions that impact global supply chain strategies. and China relative to global trade and critical materials dependencies would be a likely scenario.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

NC State SCRC

JANUARY 24, 2019

In supply chains, compression refers to reducing the geographical distances between you and other parties in your supply chain – which equates to a strategy of localization. First, you have less cash tied up in your supply chain – and less inventory sitting on a boat, on a plane, or in a container.

Inventory Reduction 67

Inventory Reduction Supply Chain Strategy Supply Chain Software Strategy 67

RFgen

SEPTEMBER 27, 2017

For those impacted by the Amazon Effect but not directly competing with Amazon, there are critical lessons to be learned from their continuous drive to innovate inventory management, warehouse automation, and the supply chain of tomorrow. This captures inventory movements as they occur, no matter where the work is located.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

RFgen

SEPTEMBER 27, 2017

For those impacted by the Amazon Effect but not directly competing with Amazon, there are critical lessons to be learned from their continuous drive to innovate inventory management, warehouse automation, and the supply chain of tomorrow. These three overarching warehouse inventory technologies can be adopted by any operation: 1.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

NC State SCRC

JANUARY 1, 2023

Inventory will remain bloated for the first half of 2023, – and supplier relationships will be tested. For instance, a large apparel brand requested about 20 of their largest textile mills (many in Pakistan, Singapore, China, and other regions) to travel all the way to San Francisco for a “Vendor Summit”.

Predictive Analytics Software 94

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Pharmaceutical 94

Supply Chain Matters

AUGUST 22, 2022

In this Supply Chain Matters industry specific commentary, we make the observation that retail industry sales and operations planning and demand support teams, given the current state of recent business financial performance, need to up their game in supply network inventory management agility and added responsiveness. .

Inventory Management Software 52

Inventory Management Software Agile and Lean Supply Chain Inventory Management Inventory Reduction 52

Supply Chain Matters

JANUARY 6, 2023

The three largest global economies ( Europe , United States , China ) expected to stall. Downside risks that include monetary policy miscalculations, an uncertain outcome to the ongoing Russia-Ukraine conflict and further supply network disruptions as a result of more far-reaching spread of Covid variant infection rates across China.

Predictive Analytics Software 98

Predictive Analytics Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 98