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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.

How are Christmas Trees Shipped?

Freight Center

Fun fact: The Christmas tree variety selected for the Rockefeller Center Christmas Tree in New York City is a Norway Spruce from the village of Florida in Orange County, New York. Best Practices for Christmas Tree Shipping. Truckload (TL) shipping is your best bet for successfully shipping healthy trees for two big reasons. TL offers multiple specialty shipping options that would best suit the needs of Christmas trees during transit.

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Stack It High and Watch It Fly: Is Vertical Inventory Storage Always the Answer?

6 River Systems

And this made sense when warehouses were truly pass-through for inventory. It used to be that you would source, manufacture, store, send to a store and then the consumer would access that inventory. Now it’s possible to drop ship directly from the factory floor or fulfill an order directly from a warehouse. Inventory now has to be much more nimble and therefore supply chain nodes can no longer resemble their static nature of old.

8 Inventory Costing Methods That You Might Not Know About

EMERGE App

Inventory costing or valuation is an accounting concept that has a direct impact on your gross profit and thus taxable income. Methods of valuing inventory are simply different cost-flow assumptions about how to allocate your cost of goods available for sale. They do not resemble your physical flow of goods, but rather, they allocate costs to either cost of goods sold or your ending inventory. We’ll start by explaining why inventory costing is important.

How Microsoft & ThroughPut are helping Global Manufacturers increase Output during the COVID-19 Pandemic, and how every Operations Professional can help

ThroughPut

Automotive manufacturers are remobilizing to produce ventilators. South Korea has reported the lowest number of new cases in 4 weeks , leading the way on the containment execution roadmap. In fact, in the last 6 weeks alone, I have personally been to the front lines of Yokohama, Milan, New York, and San Francisco , working alongside some of the world’s most professionally-committed food manufacturing & distribution, plastics manufacturing, and industrial operations personnel.

The Toilet Paper Supply Chain!

Supply Chain Game Changer

Manufacturers make toilet paper based on those demand signals in a very predictive manner. The majority of toilet paper sold in North America is manufactured in North America. As it is the manufacture of toilet paper is a highly automated process with relatively few employees required to oversee such an operation anyways. There is also nothing particularly challenging or unique about the manufacture of toilet paper nor its Supply Chain. Subscribe Here! Email Address.

Warby Parker vs Luxottica: Supply Chain Disintermediation in the Eyewear Industry

The UCLA Anderson Global Supply Chain Blog

Luxottica recently strengthened its position in the industry by vertically integrating with the world’s largest lenses manufacturer, Essilor, in January 2017 [2]. Eyewear has long been a very high margin business, and Luxottica is estimated to markup frames between 10x - 25x from point of manufacture to point of sale, while Essilor sold lenses that were sold to retailers at 3x - 5x retail margin [3]. Manufacturing is outsourced to offshore factories in China.

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This Week in Logistics News (October 6-10, 2014)

Talking Logistics

across from the Empire State Building in Midtown [and on the same busy street as Macy’s flagship store], would function as a mini warehouse, with limited inventory for same-day delivery within New York, product returns and exchanges, and pickups of online orders. If it is successful, however, the New York location could presage a rollout to other U.S.

Podcast: VC Brian Aoaeh on the Future of Supply Chain Investment

Requis

Venture capital (VC) investor, columnist and educator Brian Aoaeh is part of the new generation of investors who are unlocking the opportunities in supply chain. Brian describes himself as “obsessively enthusiastic” about supply chain, and has helped many supply chain professionals connect and find synergies as the co-founder and organizer of the New York Supply Chain Meet Up and the Worldwide Supply Chain Federation.

How Microsoft & ThroughPut are helping Global Manufacturers increase Output during the COVID-19 Pandemic, and how every Operations Professional can help

ThroughPut

Automotive manufacturers are remobilizing to produce ventilators. South Korea has reported the lowest number of new cases in 4 weeks , leading the way on the containment execution roadmap. In fact, in the last 6 weeks alone, I have personally been to the front lines of Yokohama, Milan, New York, and San Francisco , working alongside some of the world’s most professionally-committed food manufacturing & distribution, plastics manufacturing, and industrial operations personnel.

Letter from the CEO: Coronavirus Market Update

Transplace

The expectation is that two mega ships will arrive at the ports to pick up empties this week as the equipment is needed in China. Industrial and chemical sectors are maintaining at seasonally expected shipping volumes as of this time. Some LTL carriers are embargoing parts of New York for the NBG Service Center due to the total number of cases of coronavirus in these zip codes: 10801, 10802, 10804, and 10805. Cargo flows and ship calls are rebounding in China.

Warby Parker vs Luxottica: Supply Chain Disintermediation in the Eyewear Industry

The UCLA Anderson Global Supply Chain Blog

Luxottica recently strengthened its position in the industry by vertically integrating with the world’s largest lenses manufacturer, Essilor, in January 2017 [2]. Eyewear has long been a very high margin business, and Luxottica is estimated to markup frames between 10x - 25x from point of manufacture to point of sale, while Essilor sold lenses that were sold to retailers at 3x - 5x retail margin [3]. Manufacturing is outsourced to offshore factories in China.

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Learning to Speak the Language of Demand

Supply Chain Shaman

New shoes feel awkward. Learning to speak a new language is similar. Companies are stuck at the intersection of inventory turns and operating margin. The first step to making the shift is learning a new language. New forms of analytics make new capabilities possible. While we need forecasting and we need to improve the processes, we also need to teach teams how to use new forms of demand data and adopt demand processes. New Terms to Know.

How to Stop Disruption in the Supply Chain From the Coronavirus

Veridian Solutions

Although not as sizable as other Chinese cities, Wuhan has more than 11 million people, making it considerably larger than New York City. More than 300 of the world’s 500 largest companies have a presence in Wuhan, with the city being one of China’s largest manufacturing centers. One of the many reasons that Wuhan is critical to the international supply chain is due to its role in shipping and transportation.

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The Coronavirus Pandemic Rewarded Companies with Foresight

Enterra Insights

While some manufacturers and retailers had fairly mature omnichannel operations, other companies hastened to bolster their operations. Manufacturers, however, are also getting more involved. ” Because retailers and manufacturers might be surprised who constitutes their consumer base, Shaffer indicates, “Retailers need to invest in customer intelligence.” Retailers and manufacturers must always be looking ahead to see how the business landscape is changing.

Transforming Consumer Value Chains: Navigating The Power Shift to the Shopper

Supply Chain Shaman

Success of New Business Models. Manufacturers are Now Selling Directly to Consumers. This week, many of my friends will gather in New York for NRF. Retail was slow to adopt supply chain processes to drive new business models; and as a result, traditional retail redefinition of supply chain processes got caught in the omni-channel hype while Amazon worked its magic to become a market leader. Retail generic products sold through new channels.

UPS Executive Shares Insights on Total Cost of Ownership in the Electronics Supply Chain

Supply Chain View from the Field

A native New Yorker, Ken turned down a career in finance and banking for an action-packed and exciting career in the world of global logistics. In this case, the context was an annual bid and quote negotiation they had to do with electronic manufacturers who wanted to ship products from the factories in Asia to the US. We happened to use the example of a high end consumer electronics manufacturer, but in truth, any one of the manufacturers operated the same way.

Xiaomi & The Supply Chain Behind the World's Highest Valued Smartphone Startup

Elementum

From 2013 to 2014, the number of units Xiaomi shipped in China grew 186 percent, while its total worldwide shipments grew 224 percent. At the end of 2014, Xiaomi edged out Samsung for the title of most popular smartphone in China—shipping 12.5 High Quality Suppliers, Demand-Driven Manufacturing and Longer Device Lifetimes. In the end, his diligence paid off—Xiaomi now partners with the world’s most highly touted hardware manufacturers including Sharp, Foxconn, and Wintek.

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Xiaomi & The Supply Chain Behind the World's Highest Valued Smartphone Startup

Elementum

From 2013 to 2014, the number of units Xiaomi shipped in China grew 186 percent, while its total worldwide shipments grew 224 percent. At the end of 2014, Xiaomi edged out Samsung for the title of most popular smartphone in China—shipping 12.5 High Quality Suppliers, Demand-Driven Manufacturing and Longer Device Lifetimes. In the end, his diligence paid off—Xiaomi now partners with the world’s most highly touted hardware manufacturers including Sharp, Foxconn, and Wintek.

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Top 10 Supply Chain Innovations of 2018

Material Handling and Logistics

Thanks to omni-channel distribution, 3-D printing, self-service logistics and other avenues of disintermediation, traditional supply chain roles are rapidly being transformed into all-new opportunities. Top 10 Supply Chain Innovations of 2014 : hybrid DCs, 3-D prototypes, location-based inventory system, and more. It will allow for the automation of more complex warehousing tasks, such as unloading shipping containers and picking packets or individual e-commerce orders.

Mitigating the Impact of the Coronavirus on Supply Chains with Machine Learning and Real-Time Visibility

Supply Chain Nation

A New York Times article from August 2019 highlights how much artificial intelligence (AI) is indebted to humans. But these measures are not sufficient to replace China, the world´s manufacturing powerhouse or the purchasing power of the world’s biggest economy. By using AI and ML, companies can better model and predict demand and fine tune their inventory from procurement to transport to warehouse to routing supplies to locations ahead of demand.

This Week in Logistics News (May 4-8, 2015)

Talking Logistics

Growing Shipping Alliances Are Straining Major U.S. It has 253 employees and is headquartered in New York, NY, with offices in Tel Aviv, Israel; Dublin, Ireland; and Brighton, England. Simply put, cross-border e-commerce is arguably one of the weakest links in omni-channel fulfillment, and Pitney Bowes, which already has years of experience in this area with its Global Shipping Program for eBay sellers, is positioning itself as a leader in this emerging market space.

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Why investors are looking at supply chain technologies in 2020

Requis

No one’s saying we’re going to replace them any time soon, so the CFO can continue to get his financial and inventory data, but we can better manage execution decisions in transportation or a planning decision around inventory positioning using AI/ML and real-time data.”.

This Week in Logistics News (October 26-30, 2015)

Talking Logistics

The temperature will likely be in the 40s during the game, but that’s fall baseball in New England. Wal-Mart Won’t Promote Free-Shipping Deals Over Holidays (WSJ – sub. New Oracle Supply Chain Management Cloud Offerings Address Needs of Modern Value Chain. According to Reuters , Walmart applied for permission from the FAA to test drones for home delivery, curbside pickup and checking warehouse inventories. 25, it will bring back free shipping and returns.

Toys R Bust: The Downfall of America's Favorite Toy Store

Elementum

In mid-March, Toys "R" Us announced plans to close down and liquidate the inventory for all 735 of its stores in the United States. billion leveraged buyout by Bain Capital, KKR & Co, and Vornado Realty back in 2005, Toys "R" Us was already standing on shaky ground by the time online commerce began to take off in a new era dominated by Amazon. Did supply chain problems have anything to do with Toys "R" Us going out of business?

Ecommerce Venture Capital Trends: Which VCs & Seed Investors are Investing in Ecommerce?

ShipBob

To appeal to investors, you’ll have to start something promising that’s new and unique. Lerer Hippeau Ventures is a New York-based early stage venture capital firm, meaning it invests in companies that are just starting up but have a large chance of success (often Series A rounds).

Toys R Bust: The Downfall of America's Favorite Toy Store

Elementum

In mid-March, Toys "R" Us announced plans to close down and liquidate the inventory for all 735 of its stores in the United States. billion leveraged buyout by Bain Capital, KKR & Co, and Vornado Realty back in 2005, Toys "R" Us was already standing on shaky ground by the time online commerce began to take off in a new era dominated by Amazon. Did supply chain problems have anything to do with Toys "R" Us going out of business?

Smart Supply Chains Adapt to Overcome COVID-19 Challenges

Logistics Bureau

Almost 75 percent of US companies are experiencing capacity shortfalls in their supply chains, due to Coronavirus-linked transport disruptions , a new study has shown. Those that look for new marketing opportunities despite the brittle trading conditions. The US auto industry is expected to follow suit as stockpiled inventory becomes depleted. Some US manufacturers, however, have resorted to airlifting supplies from China at a premium price.

How The Coronavirus Epidemic is Throttling Global Supply Chains

Logistics Bureau

Containers are piling up in ports, international shipping has been hammered, Western companies are battling to source products from traditional suppliers, and disruptions are being experienced throughout the global supply chain. The impact on supply chains is particularly apparent in the following two broad areas— shipping and procurement of products/components/raw materials. COVID-19 Impact on Shipping. Deere is using costly expedited shipping to avoid disruptions.

Redesign to Improve Value: A Case Study of a Supply Chain Leader

Supply Chain Shaman

These tools are now enabling new capabilities to make trade-offs between volume and cost while helping companies to redesign flows and decoupling points. I also think that Quintiq’s leadership in concurrent planning to solve new problems is promising, especially in the design of transportation and inventory flows. In researching the ideas, like moving a business to the point of sale, we discovered that the base numbers of the business revealed new strategies.

How the Coronavirus is underscoring the relevance of Global Supply Chain throughput: From the Frontlines of Yokohama, Milan, and Southern Florida

ThroughPut

Somehow, though, even with two parents in the medical field, the Oil & Gas industry recruited me first, and I ended up becoming a field operations engineer working across onshore, offshore, and warzone logistics & chemical manufacturing operations. Without consumer spending, which are all enabled by logistics, manufacturing, and retail operations, America’s macroeconomic model would go belly-up. So I took a red-eye flight from New York City to Tokyo.

Is This Fashion Trend Disrupting Your Supply Chain?

Elementum

The term 'fast fashion' is a relatively new concept, but it has already gained notoriety for its impacts on the retail industry. Increasingly, there is a stark contrast between successful and unsuccessful clothing brands—and it comes down to inventory changes. Clothing brands such as Zara manage to push new styles to their stores with little time passing from pieces debuting on the runways in New York, Paris, and Milan. Your inventory needs a makeover.

Visibility the Key to Keeping Pace with Increasing Supply Chain Complexity

BluJay Solutions

At the same time as mega-container ships were being introduced, motorcycle deliveries took on a key role in ensuring continuous supplies during travel restrictions applied for the London Olympics, with large municipalities including New York actively exploring the expansion of bike cargo.

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

6 River Systems

With how quickly new technology, tips and warehouse management techniques are emerging, wouldn’t it be nice to take a page from someone else’s book? 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. The new facility will allow the company to offer two-day shipping to most (about 90%) of the U.S. PST will ship the same day.

Where are all the N95 Masks? A Supply Chain Dilemma

NC State SCRC

The representative managed to pivot and dodge the question, with a common response being heard a lot on the news: “It’s a fluid situation” President Trump may yet use his authority under the Defense Protection Act to mobilize industry to manufacture scarce goods like N95 masks. And when President Trump went into his briefing today, he started rattling off numbers of masks being shipped…but what gives?