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Multi-echelon Inventory Optimization vs Inventory Optimization

ToolsGroup

The subway system is the lifeblood of New York City, pre-COVID carrying an average of 5.5 Now consider that by not optimizing your inventory from a global vantage point you may be creating, if not outright chaos, a much less efficient network than you could have. There are many pieces of the modern manufacturing supply chain.

Modeling 270
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This Week in Logistics News (October 1 – 7)

Logistics Viewpoints

For those unaware of the term, shrink is an accounting term used to describe when a store has fewer items in stock than in its recorded book inventory. The six areas are energy use, nature, waste, packaging, transportation, and product use and design. This is putting the squeeze on small businesses. Robots are everywhere these days.

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Reshoring Or Not, What is Manufacturing? 4 Questions to Ponder with Real American Manufacturers

GlobalTranz

Editor's Note: This is a two part series featuring Chuck Intrieri, who along with providing excellent insights over at his industry leading The Lean Supply Chain blog, is also a consultant who works with companies for Cost Reduction, Supply Chain Optimization, Logistics, Manufacturing, and 3PL Selection. What is Manufacturing?

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Continued Disruption and Added Cost Inflation Reflected in Key Global Transportation and Logistics Indices in March and Q1 2022

Supply Chain Matters

We now add highlights of March and Q1-2022 key global transportation and logistics indices. Global and Domestic Transportation and Logistics Indices. For the specific routing of Shanghai to New York , the index was $11, 531, reflecting a six percent decline. . Global Shipping. Shipping Transit Timeliness.

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The Backorder, March 27 2024

Unleashed

In this issue: The latest in global supply chain news Insights from an ecommerce niche-market pioneer Tips for reducing transportation costs Job opportunities from Sony, Patagonia, and more In supply chain headlines Food & Beverage sector sees continued growth and innovation. Over 1/3 of manufacturers struggling with data.

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2022 Forecast: Supply Chains Become Critical Infrastructure

ToolsGroup

All this led to global supply chain disruptions and inventory build-ups, wrong inventory mixes, and supply chain shortages in 2022. This is not just my personal observation but the consensus of leading financial experts around the world who are regularly briefed by manufacturers, logistics providers and retailers.

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31 Motivations for Reshoring Manufacturing & Updated Reshoring Stats

GlobalTranz

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. Transportation and freight costs are reduced.