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Boosting Efficiency: Top 5 Inventory Optimization Strategies

SCMDOJO

In the world of business, managing inventory efficiently can make all the difference between success and struggle. Whether you’re a small startup or a large enterprise, optimizing your inventory is crucial for staying competitive and profitable. Read more on Optimizing Inventory and Lead Time Management on our website SCMDOJO!

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This Week in Supply Chain News (February 19 – 23)

Logistics Viewpoints

Particularly affected are routes from Asia to Germany, experiencing a remarkable 55% increase in transit times, resulting in an average delay of 12 days. These disruptions significantly impact just-in-time inventory systems and cause substantial upheaval in the supply chain schedules of numerous organizations. billion in federal loans.

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July 2022 Global Manufacturing Indices Indicating Declining Momentum

Supply Chain Matters

The Supply Chain Matters blog provides commentary relative to July’s global manufacturing PMI indices relative to data indicating declining momentum, and some contraction among specific global regions. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. Global Wide Production Activity. The July 2022 J.P.

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German Premium Automobile Manufacturer Deploys Dassault Systèmes’ Solution for Production Planning and Scheduling at E-Drive Production Sites in Europe

DELMIA Quintiq

DELMIA Quintiq applications aim to help lower the cost of production by enabling reduced set-up time and inventories, and quick responses to disruptions. This includes optimizing the production of all five press plants in Germany.

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Emma – The Sleep Company Selects ToolsGroup Supply Chain Planning Software to Support Growth

ToolsGroup

Headquartered in Germany, Emma is the world’s largest direct-to-customer sleep brand, known for its award-winning and highly rated boxed-bed mattresses, of which it sold 1.5 After a successful proof-of-concept in Germany, Emma chose ToolsGroup to gain centralized planning and end-to-end (E2E) supply chain transparency. million in 2020.

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Global Manufacturing Activity Levels Continue to Stabilize in March and Q1-2023

Supply Chain Matters

However, we discern some added signs excess inventories and of production sourcing shifts. Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. From our lens, the latter is evidence of recessionary manufacturing conditions that are now stabilizing. That stated, the reported 49.6

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Global Manufacturing Activity Levels Stabilize in February

Supply Chain Matters

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,