Remove Europe Remove Freight Remove Inventory Reduction Remove Manufacturing
article thumbnail

Infographic: Manufacturing Success: How ToolsGroup Customers Excel

ToolsGroup

With Service Optimizer 99+ (SO99+) ToolsGroup’s manufacturing customers commonly achieve a 10-30% reduction in inventory, improve product availability to 96% or better, and reduce overhead (such as overtime and expedited freight) by 50%. Reduced inventory value of safety stock on clustered items by 18%.

article thumbnail

This Week in Logistics News (January 27 – February 2)

Logistics Viewpoints

The jobs reduction will save $1 billion this year, Tomé said on an earnings conference call with analysts on Tuesday. Soft demand in Europe and the US led to an overall decline of 7.5 More than $728 million is on the way to communities around the nation to bolster intermodal freight infrastructure.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Editor’s Choice: Aluminum Can Shortage Defines a New Normal for Food Packaging

Logistics Viewpoints

This shortage is the culmination of various ongoing issues – geopolitical tensions related to the Russia-Ukraine war, the rapid shift in consumer buying behavior and container freight availability. This shortage and sudden uptick in demand weren’t something that most can manufacturers were prepared for. What’s Next?

Packaging 227
article thumbnail

This Week in Logistics News (February 19 – 25)

Logistics Viewpoints

I thought I understood all the major supply chain implications of the pandemic until I began reading Yossi Sheffi’s new book The New (Ab)Normal: Reshaping Business and Supply Chain Strategy beyond Covid-19. However, smaller shale players, who suffered more from this boom and bust market, are sticking to a “disciplined-growth strategy.”.

article thumbnail

Food Supply Chain Issues

Elementum

Recent shortages have highlighted the need for robust, future-proof supply chain management systems that far exceed the capabilities of conventional inventory control processes. Greater operating costs mean that some parts of the supply chain could either cut corners or cease trading altogether, affecting every other logistical partner.

article thumbnail

Supply Chain Success Prompts ToolsGroup-LĂŁberit Partnership to Expand into LATAM

ToolsGroup

After fruitful collaboration in Europe, the partners in supply chain software implementation celebrate a significant regional expansion. The two companies recognized the tremendous potential for a partnership that could meet the increased demand for supply chain solutions across Europe and Latin America.

article thumbnail

We Are In Trouble. Raise the Red Flag. Be Proactive.

Supply Chain Shaman

Labor shortages abound for road freight. The Freight Rates for a 40 foot container from China to the west coast of the United States is quadruple the price of a year ago. The supply chain leader is struggling with increased cost and delayed on-time deliveries in ocean freight. Price Increases. Political Unrest. Focus Outside-in.