Supply Chain @ MIT

OCTOBER 13, 2016

Inventory management policies that fail to keep pace with shifting product demand can lock up valuable working capital, especially in volatile markets. By dynamically managing inventory without compromising service levels, companies can free up these unexploited reserves of working capital. Featured Strategy Clariant inventory management research MIT Global SCALE Network responsive supply chains unlocking working capital Zaraoga Logistics Center

Spain 80

Spain Sourcing Policies Inventory 80

ToolsGroup

AUGUST 28, 2018

Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions (that's him on the left), sat down with me to discuss how manufacturers optimize their inventories. Colin: What are some of the global trends currently impacting demand modeling, supply chain planning, and supply variability? Colin: How do inventory optimization (IO) and multi-echelon inventory optimization (MEIO) enable manufacturers to operate more efficiently?

Inventory 131

Inventory Manufacturing Forecasting Analytics 131

ToolsGroup

AUGUST 28, 2018

Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions (that's him on the left), sat down with me to discuss how manufacturers optimize their inventories. Colin: What are some of the global trends currently impacting demand modeling, supply chain planning, and supply variability? Colin: How do inventory optimization (IO) and multi-echelon inventory optimization (MEIO) enable manufacturers to operate more efficiently?

Inventory 120

Inventory Manufacturing Forecasting Analytics 120

Supply Chain Game Changer

SEPTEMBER 29, 2020

Featuring Our 10 Best Inventory Management Articles! Inventory management is a critical area for most companies. Too much inventory, especially the wrong inventory, can negatively impact cash flow, return on investment, customer satisfaction, and profitability.

Inventory 60

Inventory eBook Just-in-Time Sustainability 60

ThroughPut

JANUARY 28, 2019

Through the targeted use of Artificial Intelligence (AI), Machine Learning and other technologies, leading global innovators are constantly trying to enhance the effectiveness of their inventory management. What one can’t ignore, however, is all the external factors that also directly, and indirectly, affect inventory processes.

Inventory 76

Inventory Global Lean Resources 76

Supply Chain Shaman

NOVEMBER 6, 2016

Regional supply chain companies are attempting to define global requirements. They are well versed in requirements for regional supply chain planning, but they are attempting to redefine their processes and be more global. Initially companies believe regional planning systems easily adapt to become global, but they quickly learn otherwise and hit roadblocks. Five Lessons in Building Global Planning Organizations.

Supply Chain Planning 275

Supply Chain Planning Global Supply Chain Government 275

Supply Chain Shaman

APRIL 30, 2020

The global economy rebound from COVID-19 hinges on the discovery and manufacture of an effective vaccine. The companies are just not good at managing inventories and orchestrating distribution strategies. The global supply chain recovery depends on a vaccine, but I expect the distribution cycle to be longer than the discovery phase. They are seldom cross-functional to optimize source, make, and deliver together. When There Is A Vaccine Think Global.

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Global Pharmaceutical Supply Chain Third Party Logistics 254

ToolsGroup

MARCH 22, 2016

Principal Analyst James Cooke of Nucleus Research just published his 2016 Inventory Optimization Value Matrix which highlights this year’s key trends, including functionality and usability. He reiterates why his firm sees inventory optimization (IO) solutions as so important. Interestingly, he notes that while most companies justify inventory optimization based on inventory savings, improving service to customers is actually the biggest motivation and payback in most projects.

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Inventory Analytics Tools Research 160

Supply Chain Shaman

SEPTEMBER 20, 2015

Source: Dictionary.com. I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In Instead, in the SanDisk journey , they adjusted the speed of response to their customer segments, and actively designing inventory postponement strategies. Founded in 1988 in Milpitas, California, SanDisk is publicly traded on NASDAQ with 8,600 employees globally, and market capitalization in 2015 over $13B.

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Strategy Inventory Policies Conference 249

Talking Logistics

SEPTEMBER 4, 2018

What is Inventory Management? For Manufacturing it’s about carrying zero or minimum inventory. For Logistics the focus is on high inventory turns. Inventory Management is about having a right balance of expectations from different functions of the supply chain. Inventory Management is a function that should always be in sync with your supply chain strategy and in turn depends on your overall business strategy. What does it mean for inventory?

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Inventory Management Inventory Industrial Industry 86

Unleashed

JUNE 24, 2020

That includes the importance of robust inventory management to retail. Ensuring you don’t fail at order fulfilment begins with understanding your inventory and supply chain. In an increasingly complex eCommerce world, keeping track of inventory is tricky. Many brands are turning to omnichannel inventory management to meet the challenge. We’re going to share five tips to help you make omnichannel inventory work for you. What is Omnichannel Inventory Management?

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Inventory Management Omnichannel Inventory Reverse Logistics 61

Supply Chain Shaman

JUNE 26, 2016

I strongly feel that if I am going to cover the global supply chain that I need to experience it. Connectivity enabled the growth of the global supply chain opening up markets driving opportunity. However, globalization comes with responsibility. As we have driven improvements in globalization, jobs shifted as companies chased lower costs of labor. ” Entertainment and fast food globalized fast. In this post, I take a hard look at the global supply chain.

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Global Supply Chain South Africa Lean 218

EazyStock

JULY 19, 2019

What is inventory optimization? You’ve heard of inventory management, and you probably already have some inventory management practices implemented in your supply chain. So what is inventory optimization? According to Wikipedia, inventory optimization is: “a method of balancing capital investment constraints or objectives and service-level goals over a large assortment of stock-keeping units (SKUs) while taking demand and supply volatility into account.”.

Inventory 50

Inventory Policies Forecasting Analysis 50

Supply Chain Game Changer

DECEMBER 9, 2020

The list is long: Inventory management is handled through your ERP Your product development team works through the PML Sales and marketing are housed in the CRM And it feels like half the company is still managing product data in spreadsheets. And, of course, inventory. Subscribe Here!

Inventory Management 56

Inventory Management Inventory eBook Software 56

EMERGE App

JULY 11, 2018

Google a phrase like “sourcing products from China” and you’ll instantly be faced by almost 39 million results! You need to source for products to sell at wholesale prices to your retail customers. And the place to source for most, if not all, of your products is in China. This blog post doesn’t aim to be the ultimate guide to sourcing goods from China. I like to start with a broad-based search at Alibaba and Global Sources.

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Sourcing China Tucson San Francisco 56

KEPLER Consulting

OCTOBER 18, 2017

Over last decade, sourcing offices became a major piece within globalized footprint of western retailers. After a first era of development and opportunity catch up particularly positive and characterized by consistent purchasing gains , most of these Sourcing Offices are now searching for their second breath. Back to the origins, the Sourcing Offices have been developed by retailers for two main reasons: #1 Gather demands coming from various entities within a same group.

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Sourcing Exercises Quality Groups 53

Requis

OCTOBER 30, 2020

I think what’s happened particularly in the last ten years is that the focus on cost reduction and being competitive has really driven that need for rationalization in the supply chain, and of course for the globalization that we’ve seen. Will people change their sourcing strategies?

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Sourcing Bangladesh Sustainability China 52

OneSCM

FEBRUARY 7, 2020

With over 17,000 infections and more than 300 deaths, recent news about the outbreak of the coronavirus in China has grabbed attention from a global audience, including supply chain and logistics managers. Whether it’s the coronavirus, or any other disruption, constrictions to the global supply chain pipeline are costly. Enabling managers to see and manage their entire global supply network from virtually any desktop or mobile device.

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Supply Chain Disruption China Global Education 150

Supply Chain Game Changer

MARCH 3, 2020

The ramifications for global supply disruption are enormous, and growing. How should Supply Chain leaders be responding to mitigate the impacts and manage through this latest global crisis? As of the beginning of March 2020 there were over 88,000 cases reported globally and over 3000 deaths. All of this is now being consider a global pandemic. By extension with fewer goods coming in from suppliers inventory levels will be drying up. Subscribe Here!

China 71

China Global Supply Chain Capacity 71

Supply Chain Movement

APRIL 1, 2014

Sourcing and manufacturing lead times. We have already discussed in this global fashion retail series about network design and inventory location in Chapter 1 and stores replenishment in Chapter 2. In this chapter we want to take a more upstream view to discuss about sourcing and manufacturing lead times. The first is the question of sourcing location. This article is the third of four chapters about global fashion retail.

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Global Sourcing Manufacturing Inventory 99

Unleashed

OCTOBER 4, 2020

It ensures consistent repeat purchases over time, regardless of price, convenience or even a global pandemic. Some examples of smart community-orientated strategies and tactics implemented by beer brands include: ‘All Together’ global beer collaboration.

New Zealand 71

New Zealand Strategy Video Nevada 71

Kinaxis

APRIL 28, 2017

by Bill DuBois Recently I was watching a video interview with David Thomas, the Director of Global Capacity Planning for Ford Motor Company. Among other things, he’s been leading the charge at Ford to deliver a global capacity management solution. The challenge with getting a global view as he puts it, is if the pieces “don’t fit together, you don’t see the right picture.”. Ford’s challenges to global capacity management. The 5 parts to global capacity planning.

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Capacity Global South America Brazil 166

Kinaxis

AUGUST 2, 2016

by Alexa Cheater Struggling with the reality of not being able to easily consolidate data, global telecommunications company Sonus Networks was dealing with delays in understanding the impact of changes to its supply chain plans. To combat its planning issues, Sonus took four steps to improve demand, reduce inventory, and share information better across the entire network.

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Demand Planning Inventory Forecasting Data 140

Logistics Bureau

SEPTEMBER 28, 2020

When the COVID-19 pandemic began wreaking havoc in global supply chains, smaller companies turned to 3PL providers for help. Bigger companies with global supply chains, however, realised they needed sophisticated digital technologies and streamlined supply chain processes to help them survive.

Third Party Logistics 76

Third Party Logistics Phoenix Company Australia 76

PINC

MARCH 24, 2020

In an uncertain world where supply chain disruption is becoming a certainty, here’s how good inventory management enabled by automation can help companies gain the supply chain visibility they need to keep the wheels turning. Whether they’ve sent their workforces home to work remotely, scaled back their operations, or scrambled to find alternative supply sources, organizations across all industries are implementing new measures to offset the impacts of COVID-19.

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Apparel Inventory Beverage Supply Chain Disruption 100

EazyStock

JANUARY 9, 2020

Common Challenges of Inventory Management. Small- and mid-sized businesses (SMBs) must respond to external market pressures and are therefore up against a multitude of inventory management challenges. This post will look at the inventory management challenges surrounding supply chain complexity. Inventory Management Challenge 1: Supply Chain Complexity. The complexity of the supply chain network has increased with globalization. Blog Inventory management

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Inventory Software System Strategy 40

Supply Chain Opz

NOVEMBER 9, 2014

Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. Due to the rapid change in global business environment, managers find it difficult to gain the edge over competitors. In this article, we will show you tips from worldwide experts that you can use to streamline your global supply chain operations. We believe many practices in global supply chain management can be applied in every industry.

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Global How To Los Angeles Lean 216

OptiProERP

JUNE 17, 2019

Inventory visibility is one of the critical aspects of any manufacturing business. It helps organizations understand how much inventory is available, at what location , and at any given point of time. To ensure inventory visibility, you should have access to view, manage, and update your inventory status from trusted software. What Improved Inventory Visibility does. Inventory ties up money. How ERP Improves Inventory Visibility.

Inventory 53

Inventory Warehousing Procurement Benchmarking 53

Supply Chain Network

NOVEMBER 2, 2017

The integrated global supply chain exists when activities between all supply chain partners are seamlessly coordinated to achieve the optimal results for all its participants. The results are achieved when extraneous costs are removed and product can optimally move from source to end-user with minimal friction. Is a fully integrated global supply chain achievable? So, should companies strive to create their own integrated global supply chains?

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Global Supply Chain Government Supply Chain Visibility 65

Supply Chain Game Changer

DECEMBER 3, 2019

Featuring Our 10 Best Inventory Management Articles! As I settled into the job and started learning, and studying, the various Supply Chain metrics I was surprised when I looked at the Inventory Turnover performance of the company. Looking at recent and historical Inventory performance I could see that turnover always stayed around 5-6 turns with little variation. There was no mentorship given to promote the team and raise visibility to inventory. Subscribe Here!

Inventory 46

Inventory Metrics Benchmarking Government 46

3rdwave

NOVEMBER 29, 2018

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. In a constantly shifting and competitive global trading environment, it is increasingly important to control all costs across the entire supply chain. While global freight cost varies significantly by industry and transportation mode, it is a major cost component of internationally sourced products.

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Global Transportation Global Transportation Freight 60

Talking Logistics

OCTOBER 15, 2018

The Importance of Inventory Management. When it comes to inventory management, new trends are demonstrating that less is more. Having less inventory on-hand increases liquidation, allowing for a more agile response to shifting consumer trends. Companies that have too much inventory on-hand right now are struggling to clear out space ahead of the season, slashing prices and concerning stakeholders as profit margins creep downward.

Inventory Management 69

Inventory Management Inventory Retail Supply Chain Execution 69

Proxima

MAY 12, 2020

As businesses reopen, there will be a delay before they get back to normal as they struggle to source all of the parts needed from supply chains getting up to speed at varying rates. These companies will not move back to sole-sourcing of critical products and services – they will choose to manage risk by putting their eggs in more than one basket, seeking to manage the risks now associated with both just-in-time inventory management and low-cost county sourcing.

Global 40

Global Capacity Sourcing Just-in-Time 40

3rdwave

JUNE 21, 2019

For an equal amount of time, the global trading community has largely ignored the issue and not invested in solutions designed to dramatically increase a company’s supply chain resiliency, flexibility, and agility. However, since globalization is the driver for broad business growth a company should be equally focused on the global supply/demand networks. The resiliency of its global supply chains are going to be stress tested. Flexible, configurable sourcing.

Global 59

Global Supply Chain Disruption Exercises Sourcing 59

Talking Logistics

JANUARY 8, 2015

Two major shifts are changing the face of global transportation management as we know it: Supply chains are becoming increasingly complex, relying on partners and data beyond the four walls of the enterprise; The very definition of global transportation management is broadening and expanding well beyond the traditional TMS scope. End-to-end supply chain visibility at the item level leads to a better picture of where inventory is.

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Global Transportation Transportation Global Freight 186