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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%.

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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?

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

Logistics Viewpoints

Soft demand in Europe and the US led to an overall decline of 7.5 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. per cent in fourth-quarter delivery volumes. The money is coming through the U.S.

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Supply Chain Success Prompts ToolsGroup-Lãberit 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.

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Your Expert Guide to Inventory Audits: Best Practices & Tips 

ShipBob

Table of Contents ** Minutes What is an inventory audit? When it comes to selling goods, ecommerce businesses may audit their inventory — whether it’s for tax purposes annually or to simply verify units on hand. Inventory audits can be done in-house or by a third party and represent one point in time. What is an inventory audit?

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Can You Predict Supply Chain Disruptions in an Unpredictable World?

Logility

Prior to the pandemic, efficiency meant just-in-time manufacturing, but disruptions exposed the flaw in this approach. 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.

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Molex Prizes Agility

Logistics Viewpoints

The fact that most manufacturers struggled to achieve supply chain agility during COVID is not news. Molex has more than 80 manufacturing facilities around the world supported by an 18,000 strong supplier eco-system that provide raw materials, electronic components, and services. The Molex Supply Chain. The Advantages of Agility.