Remove Global Remove Inventory Remove North Carolina Remove Procurement Analytics
article thumbnail

Beware the Swinging Pendulum on Supply Chain Inventory Practices

Logistics Viewpoints

Supply shortages resulting in empty shelves or parking lots of WIP inventory represent a spectre causing supply chain leaders to reconsider supply chain inventory practices. Opinion of just-in-time (JIT) as a practice has taken a battering and inventory is rising. Is supply chain inventory the problem?

article thumbnail

Better Ways to Address Trade-Offs with Supply Chain Optimization

Logistics Viewpoints

Malcolm McLean, a trucker from North Carolina, was tired of waiting. He had a load full of cotton bales, and while idling away hours at a shipyard watching stevedores load other cargo onto ships he dreamed up containers that transformed global supply chains. The myth of the “perfect plan”.

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 Greenest Mile: Planning’s Role in Supply Chain Sustainability

Logistics Viewpoints

PwC reports that almost half of assets under management are held by investment firms committed to decarbonization. Similarly, UPS has strong commitments to sustainability and invests in many options, such as alternative fuel vehicles, e-cycles in dense cities, and carbon offsets for purchase with shipping.

article thumbnail

What Lessons a Table Fable Teaches About Supply Chain Orchestration

Logistics Viewpoints

The issue wasn’t poor planning – they had the inventory. Months went by, but we were in the thick of the pandemic, with global supply chains under immense pressure, so I just assumed materials shortages were to blame. The failure was in supply chain orchestration – connecting planning to execution.

article thumbnail

Economic Aspects of Supply Chains

American Global Logistics

The cost of U.S. However, there is a need for more precise and comprehensive metrics to understand the full economic impact of supply chains. The supply chain supports an additional 770,000 jobs, comprising 31%, of North Carolina's workforce. business logistics reflects the highest percentage of GDP in history.

article thumbnail

Toyota Changes Supply Strategy for New Battery Facility

Supply Chain Matters

This week, global automaker Toyota indicated that the company would nearly double its investment in a planned battery production facility being constructed in the state of North Carolina. Under his watch, Toyota pioneered the Prius line-up of hybrid powered vehicles, and later all-electric plug-in models.

article thumbnail

Handfield’s Supply Chain Analytics Predictions for 2014

Supply Chain View from the Field

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Not surprisingly, analytics is at the top of the list.