Remove Colorado Remove Inventory Remove Manufacturing Procurement
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Resilience by Design: The Power of Simulation in Supply Chain Strategy

Logistics Viewpoints

To demonstrate that classic (single time series demand input) optimization and stochastic (multiple time series demand input) optimization can yield substantially different results, we will analyze a network of a company A that has four manufacturing plants that need to service demand in every mainland US state.

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The VF Corporation Invested in Supply Chain Agility Before COVID Made “Agility” the New Buzzword

Logistics Viewpoints

Bailey has worked most of his career at VF – as an industrial engineer in facilities, in strategic sourcing, running offshore operations, and now as the person in charge of the company’s entire supply chain. VF Corporation (VFC) is a global apparel, footwear and accessories company headquartered in Denver, Colorado.

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February LMI Report Points to Inventory Surges

Supply Chain Matters

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. We cited indications of the post Lunar New Year ramp-up of global production levels to replenish inventories, more so than in prior years.

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Your supply chain is costing you money – Reason #10 Failure to adequately train your supply chain planning staff

Kinaxis

by John Westerveld Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Reason #6 Not effectively managing inventory. A bad decision can result in missed orders, significant inventory, or scrapped materials.

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What’s the Best Way To Overcome The Manufacturing Worker Shortage?

IQMS

The labor shifts fueling the manufacturing worker shortage are persistent, leading manufacturers to identify activities and processes they can automate. In a recent Deloitte and The Manufacturing Institute study, nearly 45% of manufacturing executives are turning down business opportunities due to a lack of manufacturing workers.

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Hurricane season 2024: how to prepare your supply chain

Resilinc

Colorado State University (CSU) forecasts 23 storms, 11 hurricanes, and 5 major hurricanes—the highest prediction they have ever issued. Learn more about the most significant extreme weather and climate-related risks procurement professionals should pay attention to in 2024: How Will Climate Change Impact Supply Chains in 2024?

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Global Supply Chain Volatility Continues to Moderate But Not Inventory and Warehousing Costs

Supply Chain Matters

The takeaway for September was that global manufacturing activity officially fall below the 50.0 Indicated in the report summary was: “ The sustained growth in the logistics industry continues to be fueled by high levels of inventory and the associated levels of cost and utilization associated with holding them. for September.