Remove Currency Remove Inventory Remove Manufacturing Remove Transportation
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5 Inventory Management Tips for Manufacturing SMBs!

Supply Chain Game Changer

Featuring Our 10 Best Inventory Management Articles! Manufacturing SMBs article and permission to publish here provided by Alina Akk. Inventory management is a holistic and logical methodology for handling both raw materials and finished products. You can’t manufacture shiny new goods without raw materials, after all.

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This Week in Supply Chain News (February 19 – 23)

Logistics Viewpoints

These disruptions significantly impact just-in-time inventory systems and cause substantial upheaval in the supply chain schedules of numerous organizations. Infor, because of Infor Nexus transportation and visibility solution, has excellent data on global shipping. rise in operating profit in constant currency terms.

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The Age of Agility: Building Resilience in the Supply Chain

The Logistics & Supply Chain Management Society

Major businesses have had to completely re-consider previous supply chain strategies that were largely centred around lean manufacturing, just-in-time delivery and reducing operating costs. Inventory and Capacity Buffers. Whether in the form of underutilised production facilities or inventory in excess of safety stock requirements.

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Why Automation Is the Food Industry’s Answer to Supply Chain Disruption

Logility

However, the rising costs for ingredients, materials, transportation services, and staff are creating concerns about whether products can be priced carefully enough to satisfy consumers and stay on the positive side of razor-thin margins. Food and beverage (F&B) industry executives face mounting pressure to keep up with soaring demand.

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Global Wide Production PMI Levels Unchanged in February 2024

Supply Chain Matters

Slight Rise in Global Wide Production Activity Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMI® was headlined with back-to-back expansion levels in February. The HSBC India Manufacturing PMI® rose from 56.5 Manufacturing Among the two reported PMI reports relative to U.S.

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Four Steps to Better Demand Forecasting

Logility

Better forecasting implementations relate to: Preparing data for analysis; Measuring data currency, coverage and accuracy; Understanding how order fulfilment impacts your forecasts; and. By manufacturer or brand. For example, a category manager wants to track products before and after a promotion, by region and manufacturer.

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31 Motivations for Reshoring Manufacturing & Updated Reshoring Stats

GlobalTranz

Many off-shore manufacturers have returned to the U.S., Those changes, along with high costs of transporting materials and finished goods to and from overseas locations, make the value of reshoring likely to become a compelling financial reality for many manufacturers. Transportation and freight costs are reduced.