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31 Motivations for Reshoring Manufacturing & Updated Reshoring Stats

Cerasis

Many off-shore manufacturers have returned to the U.S., Those changes, along with high costs of transporting materials and finished goods to and from overseas locations, make the value of reshoring likely to become a compelling financial reality for many manufacturers. manufacturers hurried to produce off-shore, believing significant cost reductions and huge profits would follow. 70% of manufacturers indicate that volatile energy costs are a major concern.

What is Supply Chain Compliance and Why is it Important?

AB&R

In addition, several agencies such as the Food and Drug Administration (FDA) require unique device identifiers (UDI) usually in the form of barcodes to contain information such as manufactured date and lot number to provide traceability. Tennessee. Asset Management Blog Inventory Management Managed Services Manufacturing RFID Transportation & Logistics asset management barcode verification compliance labeling GS1 harsh environment labeling UDI

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This Week in Logistics News (July 14-18, 2014)

Talking Logistics

DHL launches new logistics service for life sciences products handled at extremely low temperatures. Penske Logistics Joins CargoNet to Enhance Supply Chain Security. At the center of Atlas’ product line is Atlas Exchange, a secure document exchange providing a “connect-once, access-all” network, securely linking retailers, manufacturers, suppliers and logistics service providers. Note: Transplace is a Talking Logistics sponsor.

36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

The world of supply chain and logistics is changing every day. Each one is featured as having done something unique to reinvent their supply chain and logistics. In addition to cutting the need for outsourced manufacturing, this move could give the company a leg up on the competition by making it possible to get products in the hands of consumers faster. Additionally, the company’s manufacturing expertise will enable the reduction of production costs.

Who Should Be In The Winner’s Circle?

Supply Chain Shaman

The topic of the meeting was the logistics to launch of the AMR Research Top 25. Only 29% of manufacturers easily manage total cost trade-offs. Note that while the company drove improvement in margin, there is underperformance in inventory turns.

Visibility in Transportation Management Leads to Supply Chain Excellence

Talking Logistics

If you’re not able to clearly see, examine, impact and manage every aspect of your supply chain and inventory processes – order status, shipments, in-transit goods, trade documents, costs, exceptions and more – you might as well be operating with blinders on. in Labor Savings Per Shipment: Automated booking improves productivity and quality of logistics team’s activities. in Freight Cost Savings Per Shipment: Logistics Sourcing activities improve negotiated rates.

Sustainable Frozen Ecommerce Fulfillment with Cathy Hayward-Hughes and Mike Bradburn

The Logistics of Logistics

Mike and Cathy are the founders of Crystal Creek Logistics , a fulfillment company that specializes in sustainable frozen ecommerce fulfillment. Michael Bradburn is the Co-founder and Vice President of Crystal Creek Logistics. About Crystal Creek Logistics.

Top 25 3PL warehousing companies in 2020 (by revenue)

6 River Systems

Third-party logistics companies ( 3PLs ) specialize in distribution, warehousing and fulfillment services. The core competency of these companies is logistics , and they do it well. FedEx set out to become a global logistics player as a full-service freight operator.

Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. However, commonly used KPIs used by supply chain executives are usually focused on logistics performance (e.g., Reducing lead times from suppliers can help turn inventory faster, freeing up cash and ultimately satisfying customers.

Global 216

4 Reasons for the Supply Chain Talent Shortage

Elementum

He, like a number of supply chain professionals, laments the fact that the term “supply chain” doesn’t do a great job of suggesting the complex work involved in running the manufacturing, movement, and storage of a product. A recent study by the University of Tennessee, Knoxville, revealed that 90 percent of CEOs believe they should be doing more to attract supply chain talent. Inventory was cheap—it wasn’t a consideration,” says Sheffi.

26 warehouse pros reveal the most important factors to consider when moving to an automated warehouse

6 River Systems

The world of logistics is increasingly driven by technology , with artificial intelligence, big data, the Internet of Things (IoT) and automation among the biggest logistics trends today. Alexandra Zelenko is a Marketing and Technical Writer at DDI Development company that delivers web and mobile digital solutions for a wide range of business expertise, such as recruitment, fintech, CRM, e-learning, logistics, etc.

4 Reasons for the Supply Chain Talent Shortage

Elementum

He, like a number of supply chain professionals I spoke to over the past month, was lamenting the fact that the term “supply chain” doesn’t do a great job of suggesting the complex work involved in running the manufacturing, movement, and storage of a product. A recent study by the University of Tennessee, Knoxville, revealed through surveys of companies that 90 percent of CEOs believe they should be doing more to attract supply chain talent.

Disruptive Times Require Adaptive Supply Chains

Enterra Insights

which makes Internet-connected exercise bikes, but also for more traditional manufacturers such as the athletic footwear and apparel company Nike Inc.”[3]. The staff notes, “As a result of the expansion of its direct-to-consumer business, Nike is moving away from aggregating inventory in one central warehouse in Memphis, Tennessee, to putting product in facilities closer to the customer.” Today there is a lot of focus on reshoring manufacturing.

SCRC Meeting – Tom Linton’s “Supply Chain Eight” and Golden Winged Warblers : Questions Every New CSCO Should Ask Their CEO

NC State SCRC

When it is not in motion, it is classified as inventory. But this took time – we had to “defrag” our supply chain, and eventually I learned we had 59 days of inventory. A simple chart was used to depict inventory, with the size of the indicative of the amount of cash tied up in that inventory. If the inventory was more than 60 days old (turns of < 2.0), than the box was red; 30-60 days, yellow, and less than 30 days, green.

Three Common Supply Chain Weaknesses And Strategies To Overcome Them

Bristlecone

In today’s global economy, supply chains include all the people, systems, vendors, suppliers and processes involved in designing, making, selling, inventorying, shipping and delivering a product. The lack of visibility — the ability to track parts or products from the manufacturer to their final destination — is a supply chain weakness with massive consequences. Forbes, April 8, 2019. On their face, supply chains sound straightforward.

25 supply chain experts reveal the best tactics to optimize a supply chain

6 River Systems

From raw materials sourcing to warehouse operations , logistics technology , order fulfillment and beyond, there are dozens of points throughout the supply chain, all of which contribute to overall supply chain efficiency. I am buying a sheep and goat farm alongside a larger space for a garment factory so that I can control where the cashmere and wool is coming from, how it is processed and how it is manufactured before it is sent to my customers.

Supply Chains on the Other Side of Crisis

Enterra Insights

For many manufacturers, the coronavirus pandemic proved to be an excessive stress test. Ted Stank, professor of supply chain and logistics at the University of Tennessee, notes, “There are a lot of issues that play into [whether a manufacturer can easily pivot]. 5] In most cases, manufacturers that have pivoted to crisis production will pivot back to normal operations. In every crisis, there is a turning point.