Synovos

DECEMBER 4, 2023

Manufacturing plants are now competing for wages that were unheard of five or six years ago,” explains William Brummett, Vice President of New Business Development at RS Integrated Supply, a global Maintenance, Repair, and Operations (MRO) supply chain services company that provides outsourced procurement and storeroom solutions.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Inventory Reduction Cost Reduction Strategies 52

ToolsGroup

OCTOBER 14, 2020

ToolsGroup’s GM of North America, David Barton, sat down for a video interview with Robert Bowman, managing editor at Supply Chain Brain , to share anecdotes and advice for supply chain planners in a year no one could have planned for. Inventory (and therefore customer service level attainment) has faced unprecedented stress this year.

Supply Chain Planning Software 296

Supply Chain Planning Software Scenario Planning Supply Chain Planning Modeling 296

Synovos

DECEMBER 4, 2023

Manufacturing plants are now competing for wages that were unheard of five or six years ago,” explains William Brummett, Vice President of New Business Development at RS Integrated Supply, a global Maintenance, Repair, and Operations (MRO) supply chain services company that provides outsourced procurement and storeroom solutions.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Cost Reduction Strategies Manufacturing 52

Ware2Go

JUNE 20, 2023

Ocean Freight Shipping: What to Watch For In 2023 When it comes to ocean freight decision making, emerging businesses should keep an eye on manufacturing costs, ocean freight rates, and supply chain disruptions. Manufacturing Costs Manufacturing costs in North America are higher than those in other global areas, such as China.

Negotiating Skills 98

Negotiating Skills Supply Chain Planning Software Supply Chain Planning Freight 98

Logistics Viewpoints

AUGUST 22, 2023

It was precisely the industry’s inability to make real-time decisions (based on real-time data) that was at the root of depleted store shelves, clogged ports and warehouses overflowing with excess inventory. Some examples: Procurement and Co-manufacturing : What is the impact of inbound transportation issues on materials?

Real-time Visibility 185

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 185

Supply Chain Matters

MARCH 2, 2023

Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. Morgan Manufacturing PMI® , compiled by S&P Global in association with ISM and IFPSM , halted a consecutive five-months of contraction levels to that of no-change. The S&P Global US Manufacturing PMI® had a February value of 47.3,

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Optimal Sourcing 52

Supply Chain Matters

JUNE 17, 2022

This survey of a reported 750 CEO’s and other C-Suite executives was conducted in May 2022, among executives based in North America , Latin America , Asia and Europe. Inventory Management Assessment- Samsung Electronics. Samsung ’s inventory balances reportedly reached the equivalent of $36.9 cyberattacks.

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 52

Logistics Viewpoints

SEPTEMBER 28, 2021

Raw materials are in short supply, many manufacturers have temporarily mothballed production lines, transportation costs are rising, and labor is getting tight on our roadways , railways and ocean vessels. Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility.

Rail Software 188

Rail Software Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 188

Supply Chain Shaman

APRIL 26, 2018

In attendance are manufacturing representatives from BASF, BerryGlobal, Corning, Covestro, Grace, Evonik, Intel, Monsanto, and Smith’s Detection. Technologists and manufacturers working together to try to define multi-tier processes to redefine B2B. There is an active group in Europe and North America. The reason?

Supply Chain Network Software 186

Supply Chain Network Software Network Optimization Supply Chain Software Optimal Sourcing 186

Logistics Viewpoints

MARCH 29, 2021

Run” will include using the platform for inventory optimization and to support interesting internet-of-things (IoT) and artificial intelligence (AI) projects. HarbisonWalker International Manufactures and Distributes Refractory Products. For example, the bricks in a pizza oven are refractory bricks.

Optimal Sourcing 157

Optimal Sourcing Innovation Manufacturing Procurement Supply Chain Planning Software 157

RFgen

JANUARY 2, 2019

Key Takeaways: Process and discrete manufacturers face increased pressure in today’s highly competitive, volatile marketplace. Process manufacturers can leverage traceability technology to meet compliance regulations. Process manufacturers can leverage traceability technology to meet compliance regulations. trillion) of the $75.2

Supply Chain Software 52

Supply Chain Software Modeling Software Demand Planning Software Predictive Analytics Software 52

ToolsGroup

AUGUST 20, 2019

Now Gartner reports that SCP BPO is gaining traction ( Market Guide for Supply Chain Planning BPO or BPaaS, 29 July 2019 ), particularly in North America and Europe. Gartner says that the most common outsourced SCP processes are inventory management, statistical forecasting and service parts planning. For example ….

Supply Chain Planning Software 214

Supply Chain Planning Software Supply Chain Planning Gartner Supply Chain Software 214

Supply Chain Shaman

JANUARY 9, 2019

Stuck, the company struggled with customer service levels and high inventory write-offs. It is the best example of a company systemically managing item complexity that I have seen. The process helped World Kitchen manage inventories through bankruptcy filing in 2002. the organizational dynamics were tough. The result?

Supply Chain Design Software 267

Supply Chain Design Software Supply Chain Planning Software Case Study Forecasting Software 267

Supply Chain Shaman

MAY 31, 2014

Manufacturing teams used to manage the supply chain group. Today, in most organizations, the supply chain team manages manufacturing. The irony is that fewer and fewer people within the supply chain team understand manufacturing. Instead, many of these teams just accept manufacturing strategy as a constant.

Supply Chain Planning Software 267

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Supply and Demand 267

ToolsGroup

NOVEMBER 17, 2015

Here are a few examples of industry leaders who joined the elite 99+ percent service level club. Despite the heightened service levels, the company operated their entire distribution network with less than two weeks of inventory. Diageo North America , the world's leading premium drinks business, did the same.

Customer Service 0

Customer Service Logistics Network Optimization Software Inventory Reduction Supply Chain Planning Software 0

Synovos

FEBRUARY 21, 2023

I have spent a great deal of time talking to engineers, maintenance and procurement professionals involved in MRO,” says Will Brummett, Vice President of Sales, North America, for RS Integrated Supply. “I The lean manufacturing model can no longer provide the continuity of supply for critical parts that businesses need.

Sourcing Strategies 52

Sourcing Strategies Cost Reduction Strategies Inventory Reduction Price Reduction 52

QAD

MARCH 3, 2022

And the effects of the use of mobile devices and enabled communications on manufacturing, for example, have been staggering. During his funeral, every phone in North America was silenced for one minute to pay tribute to him. The Evolution of Communications in Manufacturing. Who was Alexander Graham Bell? .

Manufacturing Procurement 95

Manufacturing Procurement Demand Planning Software Supply Chain Network Software Supply Chain Software 95

DELMIA Quintiq

OCTOBER 26, 2016

Covering wide ground on manufacturing. At the manufacturing track, the speakers covered various topics on production optimization, from constraint-based planning to analytic adoption to an insightful firsthand account of Quintiq’s business operations-supporting capability.

Supply Chain Planning Software 120

Supply Chain Planning Software Innovation Analytics Software Supply Chain Design Software 120

ToolsGroup

AUGUST 20, 2019

Now Gartner reports that SCP BPO is gaining traction ( Market Guide for Supply Chain Planning BPO or BPaaS, 29 July 2019 ), particularly in North America and Europe. Gartner says that the most common outsourced SCP processes are inventory management, statistical forecasting and service parts planning. For example ….

Supply Chain Planning Software 136

Supply Chain Planning Software Supply Chain Planning Gartner Supply Chain Software 136

Synovos

DECEMBER 5, 2023

They were a new company that had taken over an existing manufacturing plant and lacked the infrastructure needed to keep the facilities in good working order, whether that was buyers to order parts or an accounts team to manage the purchasing process. How much inventory do you want to carry versus the impact of being down for hours or a day?

Manufacturing Procurement 52

Manufacturing Procurement Material Savings Purchasing Skills Optimal Sourcing 52

Logistics Viewpoints

MARCH 6, 2023

In one article , Mr. Sorenson points out that IBP works better for small manufacturers than large ones. The simplified assumptions allow companies “to manage margins, supply chain costs, and inventories”, but “it does not enable them to manage enterprise costs, profit, and working capital.” Dean Sorenson concurs.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 235

Supply Chain Matters

AUGUST 15, 2022

The saga of fitness hardware and services provider Peloton Interactive took yet another turn last week with an announcement of the pending closing of the company’s owned North American warehouses and the shedding of field customer support teams, along with other moves. Inventory Glut of Bicycles. West Coast were in excess of 200 days.

Inventory Reduction 52

Inventory Reduction Customer Service Price Reduction Cost Reduction Strategies 52

Logistics Bureau

APRIL 3, 2023

To date, most of our content has covered topics related either to logistics or manufacturing outsourcing. So, for example, outsourcing sales activity is not typically a good idea if yours is a retail sales company. But just because you can outsource it all doesn’t mean you should.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

Supply Chain Matters

MAY 22, 2023

According to the April report commentary , the industry remains hopeful in new signs indicating that retailers and manufacturers are getting closer to working off the overall glut of inventories that resulted in 2022. Global Manufacturing Activity Levels Global manufacturing activity as depicted by the J.P. The two U.S.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

ToolsGroup

OCTOBER 10, 2022

Like most industries, manufacturers around the world are feeling the pinch of inventory disruption brought on by shortages and other supply chain challenges. But manufacturers are unique. What is Manufacturing Inventory Control? What is Manufacturing Inventory Control? Do you have whiplash yet?

Inventory Reduction 156

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Material Savings 156

Supply Chain Game Changer

JULY 2, 2021

Here’s an example: Every year, a huge volume of finished goods are shipped from Asia to North America. Then, the empty containers are transloaded and move into other parts of the country to be loaded with raw materials (for example agricultural products), before heading back onto shipping containers bound for Asia.

Shipping 105

Shipping Agile and Lean Supply Chain Supply and Demand Price Reduction 105

Supply Chain Shaman

FEBRUARY 12, 2017

Note that neither company is making progress at the intersection of operating margin and inventory turns. Performance of BMS and Merck at the Intersection of Inventory Turns and Operating Margin. Orbit Chart for Novo Nordisk at the Intersection of Operating Margin and Inventory Turns for the period of 2006-2015.

Pharmaceutical 150

Pharmaceutical Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Design 150

NC State SCRC

NOVEMBER 29, 2023

During her 24 years at Honda of America, she helped implement many of the supply chain best practices that have now become renowned, including cost modeling, supplier development, supplier quality assurance, lean manufacturing, and many others, which evolved under the original North America leadership of Dave Nelson.

Supply Chain Planning Software 52

Supply Chain Planning Software Manufacturing Procurement Supply Chain Design Software Optimal Sourcing 52

NC State SCRC

MARCH 17, 2021

For example, prices for polyvinyl chloride, or PVC, have more than doubled since last summer, according to S&P Global Platts. The shortages in PVC and other materials are even shutting down automotive production lines, as well as other manufacturers that I’ve been speaking with. as supplies tighten.

Texas 52

Texas Chemicals Supply Chain Design Software Supply Chain Design 52

AB&R

FEBRUARY 28, 2023

A Key to Manufacturing and Warehousing Success in Arizona The Phoenix metropolitan area and surrounding cities are booming with new warehouses, distribution centers, and manufacturing plants right now. AB&R helps thousands of companies across North America identify, track, and manage their critical assets and inventory.

Arizona 52

Arizona Warehousing Optimization Software Manufacturing 52

Supply Chain Opz

NOVEMBER 9, 2014

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. Reducing lead times from suppliers can help turn inventory faster, freeing up cash and ultimately satisfying customers. These are three examples: Rule 3.1:

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

BlueYonder

MAY 11, 2017

Each year, Apparel Magazine acknowledges apparel retailers, brands, and manufacturers that demonstrate innovation in the apparel supply chain. Nominations include revolutionary new products and designs, new strategies for marketing via social media, and new uses for RFID, PLM and sustainability.

Apparel 0

Apparel Inventory Reduction Innovation Supply Chain Planning Software 0

Unleashed

MAY 22, 2022

Daniel Bull-Clearie from Mara Seaweed, for example, says they always know “minimum stock levels within each of those locations, forecast sales within each of those areas, understanding what lead times are or the agility of the 3PLs to ensure that we’ve got finished goods within those areas.” The lesson? Three Spirits’ solution?

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Forecasting Software 98

GlobalTranz

MARCH 9, 2015

The costs of logistics and inventory are decreasing, contract renewal rate for logistics outsourcing remains good, and the emergence of cutting-edge technologies like 3D printing, drone delivery and augmented reality is opening up a wide vista of opportunities. But the picture is not all that bad. It is not hard to understand why.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Supply Chain Design Software Optimization Software Demand Planning Software 120

BlueYonder

JULY 9, 2013

Of course the good news is that Latin America has much more going for it than its location relative to North America. My recent Real Results article, A Fresh Look at Latin America , highlights some of the opportunities and challenges on the horizon for Latin American businesses. As always, let us know what you think.

America 60

America North America Automotive Supply Chain Software 60

Logistics Viewpoints

JULY 20, 2022

Locanis is a warehouse technology supplier headquartered in Germany with clients located in Europe, North America, and Asia. Location, Mobile Assets, Inventory, and Tasks. For example, missing a train by five minutes can incur an hour delay. It is reasonable to call it a WMS. Warehouse Orchestration and Optimization.

Vendor Strategies 219

Vendor Strategies Warehousing Optimization Software Logistics Network Optimization Software 219

USC Consulting Group

JUNE 3, 2020

This includes food and beverage suppliers, packers, and manufacturers. For example, MVP Dairy, located in the northwestern portion of Ohio, is more assiduously examining its supply chains to close gaps and ensure continuity. Inventory management more of a priority.

Inventory Reduction 64

Inventory Reduction Sourcing Strategies Material Savings Beverage 64