Remove Florida Remove Inventory Remove Manufacturing Procurement Remove Shipping
article thumbnail

The Case for Real-Time Perpetual Inventory Signals in Manufacturing

ToolsGroup

Once upon a time, the world of manufacturing was a relatively stable place. Suddenly, managing inventory is the name of the game for companies trying to manage working capital and maximize profit while keeping customers happy. So how does a manufacturer navigate this rollercoaster?

article thumbnail

This Week in Logistics News (May 13 – 19)

Logistics Viewpoints

That assessment comes as a result of 10 months of subdued demand, inventory de-stocking, and high interest rates, the New Jersey-based company said in its “The GEP Global Supply Chain Volatility Index.” But a key focus right now for Amazon is using AI to figure out where to place its inventory. The audit determined that CPW emitted 1.2

Insiders

Sign Up for our Newsletter

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

article thumbnail

The Advantage of Speed: The Cooper Health Supply Chain Relies Upon Real-time Risk Alerts

Logistics Viewpoints

Everything from contrast dye, to tubing, to medical devices with embedded semiconductor chips would suddenly become difficult to source. For example, when a UPS strike was looming last year, the Interos solution automatically highlighted Cooper’s strategic suppliers that relied on UPS for shipping.

article thumbnail

What Caused the Baby Formula Shortage + 7 Ways Consumers and Companies are Coping

ToolsGroup

Data also shows that half of US states are experiencing out-of-stock rates between 40% and 50%: Image source: Flipboard. This made it incredibly difficult for manufacturers to accurately gauge the market size for production. Image source: Sturgis Journal. A Limited Number of Formula Manufacturers.

article thumbnail

5 Recommendations towards a Resilient S&OP

Logistics Viewpoints

As product flows rapidly shifted and hard baked assumptions about lead times and sourcing locations were put to test, users across many organizations bypassed their planning systems and turned to excel sheets, internal data science teams or non-traditional supply chain vendors who could deliver AI based solutions at a faster turn.

S&OP 244
article thumbnail

Supply Chain Design: A Tool to Help Maximize Value

Logistics Viewpoints

A company can choose to maintain a high level of costly inventory to ensure short lead times, and a family can decide to live farther away from work and school but buy a bigger house. However, this model would aggregate the details of the ten thousand SKUs that are stocked and shipped. But optimization is much more than that!

article thumbnail

Supply Chain Risk Management: Could You Face a Category 4 Supply Chain Disaster?

Kinaxis

It is the largest container port in the state of Florida and ninth in the United States. As if the situation wasn’t bad enough, Hanjin, the huge shipping company, was already in bankruptcy as of early September and putting a delay in the arrival of goods well before the hurricane. Up to date inventory status. Use analytics.