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The Backorder: May 15, 2024

Unleashed

UK & US manufacturing sectors shrink as costs rise, new orders fall. Unstable market conditions, client destocking, and the Red Sea crisis – in combination with the rise of average purchasing costs – are responsible for the recent drop in manufacturing PMI , according to data provider S&P Global. Forecast demand.

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Mass Customisation: What It Is and How Companies Are Using It

Unleashed

Learn more: The Ultimate Manufacturing Guide: SME Manufacturing Explained What is mass customisation? It’s a manufacturing process for customising goods at scale while keeping unit costs low – a middle ground between standardisation and personalisation. Mass customisation does what it says on the tin.

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Is Reinforcement Learning the Future of Artificial Intelligence?

Enterra Insights

In addition to accelerating as well as improving the design, reinforcement learning has grabbed attention for its wide application in a range of areas — time-series forecasting in highly dynamic conditions, solving complex logistics problems, and coming up with recommendations based on the behaviors and preferences, to name a few.”[2].

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Podcast: Rob O’Byrne on Digital Transformation, Sustainability, and Diversification in Sourcing

Requis

There are much better planning and forecasting systems now. Manufacturing sites have been rationalized in terms of, “we don’t need five factories in this country, we only need three, then two, then we don’t need them at all, we’ll move them to China”. There’s a huge swathe of companies that have shockingly poor forecasting accuracy.

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Just in Case Stock Control: Advantages & Disadvantages

Unleashed

If you’re purchasing in large quantities, suppliers will typically offer discounts and reduced shipping costs. As a manufacturer, this could mean not being able to sell a product because you have one part missing, or as a retailer, having no stock on shelves. Requires accurate demand forecasting. Better supplier rates.

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American Software Reports Third Quarterof Fiscal Year 2022 Results

Logility

During the quarter, SaaS subscription and/or software license agreements were signed with customers located in the following 10 countries: Australia, Canada, Ireland, Mexico, Netherlands, New Zealand, Peru, Sweden, United Kingdom and United States. Logility, Inc. and Demand Management, Inc., Demand Management, Inc.

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This Week in Logistics News (April 8 – 14)

Logistics Viewpoints

Pizza Hut has already eliminated these plastics – switching to primarily corrugated cardboard – in its India and Brunei markets, and that Pizza Hut New Zealand and Australia are now 95 percent and 90 percent plastic-free, respectively. TAI) announced a power purchase agreement (PPA) to support a 168-acre, $49 million solar project.