Remove Forecasting Remove Manufacturing Remove North America Remove Procurement Analytics
article thumbnail

Seven Mistakes You Wish Your CFO Had Not Made You Make

Supply Chain Shaman

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Overall lead times from North America to Asia took 17 days longer than from Asia to North America, or 25% longer. Focus on Cost. Manufacturing equipment lead times were 19 months.

article thumbnail

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

Logistics Viewpoints

percent drop in annual sales, UPS forecast a 2024 upswing of as little as 1.1 Higher labor costs and lower package demand resulted in fourth-quarter sales and 2024 guidance that missed analysts expectations. Multiple members of the Intermodal Association of North America (IANA) were the recipients of the funds.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Seven Mistakes You Wish Your CFO Had Not Made You Make

Supply Chain Shaman

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Overall lead times from North America to Asia took 17 days longer than from Asia to North America, or 25% longer. Focus on Cost. Manufacturing equipment lead times were 19 months.

article thumbnail

Two Automakers Make Senior Supply Chain and Procurement Executive Leadership Changes

Supply Chain Matters

Last week both Bloomberg and The Wall Street Journal reported the departure of yet another senior manufacturing executive at Rivian Automotive as well as an overall reorganization. As noted in our January update, the manufacturer announced the news that the Chief Operating Officer had departed the company in December 2021.

article thumbnail

Top 20 Warehouse Automation Suppliers Worldwide

Logistics Viewpoints

billion globally, and I forecast it to grow to $9.9 Also, warehouse automation excludes similar systems such as airport baggage handling, manufacturing-line automation, and manually driven forklifts. I will soon be publishing the 2021 base-year study with a five-year forecast through 2026. billion in 2019. Well, I am saying it.

article thumbnail

Understand the Pitfalls of IBP Before Embarking on a Supply Chain Transformation

Logistics Viewpoints

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. In one article , Mr. Sorenson points out that IBP works better for small manufacturers than large ones. The company has 11 production facilities across North America and China.

article thumbnail

Driving Sustainable Growth Through Supply Chain Resilience

The Logistics & Supply Chain Management Society

More specifically, it took 83 days for container transport from Europe to Asia, and 88 days from North America to Asia. Brand loyalty is no longer the driver for consumer purchasing decisions. The Role of Digitisation and Analytics in Supply Chain Resilience. BE READY FOR THE NEW NORMAL.