Remove Electronics Remove Inventory Remove Supply Chain Disruption
article thumbnail

How AI is Transforming Aftermarket Parts Planning

ToolsGroup

Your Aftermarket Supply Chain is More Complex Than You Think: Stop Guessing, Start Optimizing Lets be honest: managing spare parts inventory requires specialized strategies unlike any other inventory management process. Your distribution network spans multiple locations. And demand patterns are highly unpredictable.

article thumbnail

Stop Guessing, Start Optimizing: How AI is Transforming Aftermarket Parts Planning

ToolsGroup

Your Aftermarket Supply Chain is More Complex Than You Think Lets be honest: managing spare parts inventory requires specialized strategies unlike any other inventory management process. Suboptimal inventory distribution: excessive stock in low-demand locations and shortages in high-demand areas. The outcome?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Mitigate and Manage Supply Chain Disruptions in Life Sciences

QAD

Can You Prevent Supply Chain Disruptions in Life Sciences? Supply chain disruptions in the life sciences industry can have serious consequences. By implementing these strategies, companies can better navigate supply chain disruptions.

article thumbnail

How manufacturers can respond to supply chain disruptions

SYSPRO Smarter ERP

It’s premature to know at this stage what the full impact will be on our economies and supply chains, but we can expect more delays of supply of imported inventory, food, and component parts, due to reduced or rescheduled air and sea freight. Responding to global disruptions.

article thumbnail

The UK Electronics Manufacturing Recovery: 2021 Revenue Up 30%

Unleashed

UK electronics manufacturers have seen a sales revenue lift of 30% in 2021 vs 2020, outpacing the average performance of manufacturers of 24%, according to data from a soon-to-be released Unleashed State of Manufacturing report. Average gross profit margin , 2021 Again, these figures are a positive sign for electronics manufacturing.

article thumbnail

What’s the Best Response to Global Supply Chain Disruption?

QAD

The global supply chain is facing a perfect storm of challenges, and dealing with it, according to GE CEO Larry Culp , “really is akin to playing Whac-A-Mole.” And the current global supply chain disruptions may be sticking around longer than we might think. As one headache is eased, another pops up.

article thumbnail

Molex Prizes Agility

Logistics Viewpoints

Digital Twin from Infor Nexus Drives Supply Chain Agility for Molex. The fact that most manufacturers struggled to achieve supply chain agility during COVID is not news. Those industries include data communications, medical, industrial, automotive and consumer electronics. The Molex global supply chain is complex.