Seven Misconceptions on Managing Inventory in a Market-Driven World

Supply Chain Shaman

When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.”

How do we Drive Invention to Innovation in Planning?

Supply Chain Shaman

At the event, James Rice, MIT, spoke on innovation, and his reflections on Clayton Christensen’s 1997 classic business book, the Innovators Dilemma. This is disruptive innovation. The spark from Invention to Innovation is slow.

Manufacturing Gains From Machine Learning

IQMS

Improving semiconductor manufacturing yields up to 30%, reducing scrap rates, and optimizing fab operations is achievable with machine learning. New products are proliferating in manufacturing today, and delivery windows are tightening.

5 Key Trends Driving Supply Chain Innovation

Talking Logistics

When we speak to supply chain leaders about innovations in their supply chain, it’s not always about drones, self-driving trucks, or automated warehouses. With enhancements in manufacturing and product development, it’s increasingly hard to distinguish product capabilities as a customer.

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Supply Chain Innovation: Plan or Perish in the “Cold Chain”

ToolsGroup

Supply chain planners need to optimize inventory to maximize residual life while meeting service level targets. But loading up on short shelf life products begets obsolete inventory as products hit their expiry dates. This requires good demand planning and inventory optimization.

7 Innovative Warehouse Management Technologies to Adopt

Cerasis

Leading-edge manufacturers are partnering with providers of warehouse management systems to create customized software and smart robots that help manage the movement, storage and sorting of warehouse inventory. The increasing demand for higher levels of performance and flexibility in warehouse robotics is stimulating some innovative product developments and early adoptions of mobile warehouse robotics.

Innovations that drive business decisions forward

Quintiq

Guy Kawasaki, former Chief Evangelist at Apple, talked about the ways in which companies could think about new methods of driving innovation. Covering wide ground on manufacturing.

Trends In Manufacturing: 5 Tangible Technologies are Shaping the Future of Manufacturing Now

Cerasis

Continuous improvement is part of the game in manufacturing. Among the new trends in manufacturing improving the industry, additive manufacturing and cloud-based systems will push manufacturing forward in 2017. In fact, rapid design and lightning-fast prototyping, reports Mark Dohnalek of Manufacturing Business Technology magazine , will allow manufacturers to design and produce products in a few days, if not hours. Manufacturing

[INFOGRAPHIC] Effective Supply Chain Management In Manufacturing Key to Revival of Industry in U.S.

Cerasis

Supply chain management in manufacturing is by no means a simple process, but the United States is learning from past mistakes and they're poised to start playing a little catch-up in the manufacturing world due to their expertise. INFOGRAPHIC: Supply Chain Management in Manufacturing.

World Class Inventory Turnover Breakthrough Elements! (Infographic)

Supply Chain Game Changer

Improving Inventory turnover performance is both a requirement and a challenge for many companies. We’ve written several blogs on this subject to share our experiences in achieving truly game changing results in inventory management. Subscribe Here! Email Address.

What challenges must today’s automotive manufacturers overcome?

Quintiq

Some of the most innovative developments currently being delivered by automotive manufacturers include new drive technologies, autonomous driving and connected cars. Fulfilling the demand for innovative models relies on a flexible network of internal and external partners.

Executives see AI, Cognitive Analytics and Cloud as the Path to Innovation and Speed to Market

JDA software

In fact, end-to-end visibility and traceability was the top investment objective of surveyed retail, manufacturing and third-party logistics CXOs for the second year in a row. This preference held true across the retail, manufacturing and 3PL segments studied.

Supply Chain Innovation: The Latest Gartner Supply Chain Predictions

ToolsGroup

Asset and inventory optimization (As noted in a previous blog , inventory optimization is actually a form of predictive analytics). He offered the example of consumer products manufacturers beginning to participate in shared distribution networks to reduce costs and use fewer resources.

6 Manufacturing Trends to Watch Out for in 2016

Cerasis

As we close the year of 2015, we want to take a look at some manufacturing trends for 2016. We look at 6 core areas that manufacturing companies will take a long look at as they gear up for a successful 2016. E-Commerce for Manufacturing. Manufacturing manufacturing trends

Better Visibility Drives Supply Chain Value and Innovation

Talking Logistics

Supply chain and logistics decision-makers feel the weight of this shift, evidenced by the fact that control tower visibility ranks as one of the top investment priorities among them – whether manufacturers, retailers, or LSPs. The benefits of visibility throughout the supply chain are plenty and include: improved workflow, more efficient compliance, stronger customer retention, inventory optimization, lost sales avoidance, reduced cost, and more.

Manufacturing Connect Seminar 2016

Supply Chain Movement

Manufacturing Connect Seminar 2016. URL: jda.com/manufacturing-connect-2016-scm. Network with your peers, make valuable connections and share views on the latest industry trends and innovations. Date: 25 May 2016. Venue: Hilton Amsterdam Airport Schiphol.

[INFOGRAPHIC] Digital Disruption: Closing the Connectivity Gap in Manufacturing with Digital Operations

Cerasis

A global marketplace is emerging that represents a huge opportunity for manufacturing. But the market is segmented, demanding specialization that will be tough for traditional manufacturers to handle. Closing the Connectivity Gap in Manufacturing with Digital Operations.

Is Poor Inventory Performance Holding You Back?

Kinaxis

by Alexa Cheater Our partner Celestica recently published the following article, ‘ Is your company being held hostage by poor inventory performance? ’ Poor inventory performance can create a significant obstacle to growth and profitability.

The Benefits of Evolved Vendor Managed Inventory Model Led by Web-Based VMI

Cerasis

So why do we feature content related to Vendor Managed Inventory? In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Inventory is then put on pallets and shipped as freight. ” Vendor Managed Inventory Model: A Quick Back Story.

5 Reasons You Need Modern Inventory Solutions for Optimum Inventory Control

Unleashed

Innovative technologies have made their mark on every aspect of manufacturing , retail and eCommerce business, from product design through to after sale service. When deciding where to prioritise budget spend for greatest return on investment, companies have difficult decisions to make and while inventory control continues to be fundamentally impacted by innovation, it is often overlooked when the time comes to allocate funds. Real time inventory.

[INFOGRAPHIC] Industry 4.0: Powered by the Internet of Things & Digital Manufacturing

Cerasis

Shippers, especially manufacturing companies, are then empowered further by the convergence of technology. recap the Internet of Things, and how together the Internet of Things and Digital Manufacturing will propel us all into the future.

Manufacturing 4.0 and the Factory of the Future: Part One

Elementum

Sixty-seven percent of industrial manufacturers say they have ongoing smart factory initiatives. For manufacturers, AR means planning production and assembly processes out on a virtual landscape, optimizing locations of production lines and people. In Industry 4.0,

How to Sustain a Lean Culture in Manufacturing & Supply Chain

Cerasis

Twitter Google+ LinkedIn The post How to Sustain a Lean Culture in Manufacturing & Supply Chain appeared first on Transportation Management Company | Cerasis. Lean Manufacturing Supply Chain lean culture

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Three New Ways Retailers Can Improve Inventory Performance

ToolsGroup

By using data to stock items with higher forecasted demand, they can reallocate cash that would normally be tied up in poorly performing inventory, avoid margin erosion from markdowns and dead stock, and increase overall on-shelf availability metrics.

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QAD Cloud ERP 2019 and Other Solution Innovation Highlights

QAD

The goal of all of our innovations is to help provide our customers with the agility they need to effectively respond to the opportunities in their rapidly changing business environments. The post QAD Cloud ERP 2019 and Other Solution Innovation Highlights appeared first on QAD Blog.

A Healthy Dose of Chips: Supply Chain Lessons for Life Sciences at the 2015 Pharmaceutical Innovation in Manufacturing Summit

Kinaxis

by Melissa Clow A quick post to let our readers know that we’ll be at the 2015 Pharmaceutical Innovation in Manufacturing Summit (PIMS). This year’s event will be held at the Radisson Blu Edwardian Hotel, London, February 10-11, 2015.

Supply Chain Predictions for 2018: Real-Time, Innovation, Cognitive, Blockchain, Industry-Academic Partnerships, and Taking a Stand!

NC State SCRC

Linton] co-authored The Living Supply Chain , which argues that “Speeding up the supply chain is at the root of everything that is good: improved revenue, reduced working capital, higher profitability, and less obsolete inventory. This is how innovation ultimately occurs.

Top 10 Supply Chain Innovations of 2018

Material Handling & Logistics

In that spirit, we’ve combed the MH&L archives for the most innovative supply chain developments of the past year, as reported in our print magazine, on our website, in our e-newsletters, or our various social media channels.

Supply Chain Innovation: The Path to Success!

Supply Chain Game Changer

Innovation is a team effort requiring collaboration and buy-in from all levels within an organization, and it’s especially true when it comes to bringing innovation to the supply chain. A Blueprint for Successful Supply Chain Innovation. Subscribe Here! Email Address.

Manufacturing 4.0 and the Factory of the Future: Part One

Elementum

Sixty-seven percent of industrial manufacturers say they have ongoing smart factory initiatives. For manufacturers, AR means planning production and assembly processes out on a virtual landscape, optimizing locations of production lines and people. In Industry 4.0,

How Cloud Investments are Fueling Manufacturers’ Digital Supply Chain Transformations

Supply Chain Nation

Digital innovation across every node of the supply chain is occurring – and fast. Smart factories, smart warehouses and smart transportation are becoming a reality as manufacturers invest in technologies such as artificial intelligence (AI), machine learning (ML), Internet of Things (IoT), robotics and more. In our role as partners helping manufacturers on their digital journeys, we continue to see key trends emerge universally.

What is the Hyperconnected Era & “The Internet Of Things” and What does it Have to Do with Manufacturing & Logistics?

Cerasis

Editor’s Note: This is our second post in a collaborative blog post series about mobility in manufacturing & logistics along with Catavolt, who helps manufacturing organizations drive operational excellence with mobile apps.

Making IoT in Manufacturing & Supply Chain Work by Using Cloud Technologies

Cerasis

In the warehouse, the Internet of Things is helping to keep track of inventory, track orders, and identify and schedule maintenance for faulty equipment. Where do we draw the line between automated efficiency and the kind of lazy complacency that stifles creativity and mires innovation? .

Supply Chain Innovation: How to Build an Award-Winning Supply Chain

ToolsGroup

Last month, Lennox Residential was runner-up in the 2015 Council of Supply Chain Management Professionals (CSCMP) Supply Chain Innovation competition, arguably the top supply chain award in North America. Innovative Technology. Source: Supply Chain Digest.

Encouraging (Lean) Innovation in Supply Chain Management

All Things Supply Chain

Did you know that an entire book covering the best way to manage a startup business was written based on key learnings from the supply chain industry, or more specifically, manufacturing processes? The book is called The Lean Startup and … Continue reading → General Inventory management innovation startups supply chain entrepreneurs

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