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Overcome Manufacturing Supply Chain Challenges with Digital Planning

ToolsGroup

The manufacturing industry has a strong heritage of adopting game-changing technologies to deliver higher quality products more efficiently. In a recent KPMG study, 69% of manufacturing CEOs say acting with agility is “the new currency of business; if we’re too slow, we will be bankrupt.” Excess and obsolete inventory.

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This Week in Logistics News (March 16 – 22)

Logistics Viewpoints

could design and manufacture the advanced computer chips that power everything from lawnmowers to supercomputers on its own soil, instead of having to outsource production to Asia. The $2,500 spread between spot market rates and long-term freight contract rates for Asia to U.S. And now on to this week’s logistics news. Intel wins $19.5

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Supply Chain Case Study: the Executive's Guide

Supply Chain Opz

Analysis of case study is certainly one of the most popular methods for people from business management background. In order to accelerate the learning, this article has gathered 20+ most sought-after supply chain case studies, analyzed/categorized them by industry and the findings are presented.

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Steel Fabrication and General Manufacturing Tips and Tricks for 2015

GlobalTranz

Still in all most fabricators have seen steel sales rise and customer demands and inventory requirements increase over the past several years. Now is the Time for Manufacturing to Look at Logistics Efficiency. This has sent some of them to vendor showrooms seeking new, capacity-building equipment. The keyword here is fast.

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Supply Chain Scope: New Study Shows Rise in US Inventories; California Estimated to Improve Freight Efficiency by 25% in 2030

Arkieva

A new study by the SupplyChainDigest analyzing the main components of working capital: Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO) revealed an uptick in DIO. Sustainable Freight Action Plan for California is estimated to Improve Freight Efficiency by 25% in 2030.

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Is Inventory Waste or an Asset?

Supply Chain Shaman

We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. We feel so strongly about this that we do not have an inventory planning role.”

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How food and beverage manufacturers can reduce costs and improve profits

SYSPRO Smarter ERP

Food and beverage manufacturing and distribution companies usually operate on smaller margins than most organizations in other industries. Wages are another significant cost for food and beverage manufacturers and distributors , and they’re going up, with labor currently very difficult to find and retain.