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COVID-19 accelerates four trends and changes within global supply chains

Proxima

2020 has introduced new logistical blueprints to follow and the push to get work done with fewer employees has grown exponentially as social distancing directives continue to influence the nation’s manufacturing. Sales and revenues are great, but there needs to be real confidence that you’ll get 20-30% returns,” Jordan continued.

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Spire and Gravity Supply Chain solutions helping restore flow of goods

Gravity Supply Chain

Just-in-time (JIT) inventory management became crucial to the nation’s meteoritic industrial growth, including Toyota’s eclipsing North American and European automakers as the world’s largest automakers for their time. A world transformed. billion metric tons as of 2017.

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Additive Manufacturing continues to Mature

Enterra Insights

For nearly a decade, pundits have been touting the transformative effects of additive manufacturing (aka 3D printing). ”[1] Most analysts include additive manufacturing in their list of technologies that collectively are fostering the next industrial revolution, which is often referred to as Industry 4.0.

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What Is LIFO and How Can It Be Used?

ShipBob

Imagine this scenario: Jordan operates an online furniture company that holds luxury furniture inventory in a large warehouse. Recently, Jordan purchased 20 sofas at $1500 each and six months later, another 20 of the same sofa at $1700. . When Jordan opened the business, he decided that LIFO made the most sense.

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Going Lean: Should You Replace Your ERP System?

synchrono

By Trey Jordan, Senior Software Consultant. At some point in their Lean journey, nearly every manufacturer faces the same decision: Do you take the time to fix or replace your broken ERP systems or just keep working around them? The only difference is that many manufacturers never emerge from the Trough of Disillusionment.

Lean 78
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Supply Chain Management:Rapid Innovation will Differentiate the.

Infosys Supply Chain Management

Industrial Manufacturing. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Posted by: Jordan | January 5, 2014 1:11 PM. Sourcing,Procurement,Contract & Spend Management (38). Automotive. Communication Services. Consumer Packaged Goods. Healthcare.

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Walmart Supply Chain: What Makes It (Still) So Successful 

ShipBob

They then began working directly with manufacturers and distributors to cut out the middleman to further streamline the supply chain. . They go straight to the source and identify vendors who can provide them with the best price and can meet their high-volume demands. . Outsourcing inventory control with vendor managed inventory (VMI).