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Supply Chain Shaman - Untitled Article

Supply Chain Shaman

Recently, I spoke on the future of supply chain management at the University of Tennessee Supply Chain Forum. It is a privately-held textile company that successfully navigated the global sourcing/labor arbitrage mania of the last decade and managed to maintain a significant presence in the United States. For him this meant growing top-line revenue with less supply chain inventory. In China, the roll out was for a weaving factory and out sourced yarn manufacturing.

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Experts Suggest How to Slash Supply Chain Risk Properly

Supply Chain Opz

Christopher Tang, Distinguished Professor, UCLA Anderson School and Editor-in-Chief of the INFORMS journal Manufacturing and Service Operations Management (M&SOM) As supply chains become more complex, companies find their supply chains more vulnerable to both foreseeable uncertainty risks and unforeseeable disruption risks. Clearly, redundancy (extra inventory, more suppliers, etc.) Developing supply chain risk mitigation strategy can be a time consuming task.

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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 Freight Cost Savings Per Shipment: Logistics Sourcing activities improve negotiated rates. Time Slot Management reduces mean lead time and variation, which reduces inventory levels.

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Supply chain risks in the spotlight: Effects of Hanjin Shipping filing bankruptcy protection

Kinaxis

According to sources, Stevedores are demanding advance payment in cash. There is a constant push to free up working capital by leaning down on the inventories. Lead times are in weeks and months in cases where manufacturing is outsourced to firms on the other side of the earth. However, a 2014 report by University of Tennessee on managing risk in global supply chains points out that 90% of the firms surveyed do not quantify risk when outsourcing production!

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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. Paul Dittmann , Executive Director of the Global Supply Chain Institute at the University of Tennessee Improving operational efficiency in the global supply chain is a complex undertaking, and requires a documented, multi-year strategy instead of knee jerk reactions, and programs of the month.

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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.

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

6 River Systems

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. In higher-traffic markets, Advance Auto Parts has “hub” stores that keep more inventory in-stock to give customers what they need when they need it. Additionally, the company’s manufacturing expertise will enable the reduction of production costs.

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Your Next Pair of Gap Jeans May be Delivered with the Help of a High-Tech Robot

BlueYonder

percent) as a trial customer in one of its Tennessee warehouses. percent) using robots to move warehouse inventory and track items on store shelves. Several robot analysts cite Amazon’s $775 million purchase of robot maker Kiva Systems in 2012 as a turning point for retailers and other companies, not just automakers or industrial manufactures, in adopting robots.

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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.

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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.

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Your Next Pair of Gap Jeans May be Delivered with the Help of a High-Tech Robot

BlueYonder

percent) as a trial customer in one of its Tennessee warehouses. percent) using robots to move warehouse inventory and track items on store shelves. Several robot analysts cite Amazon’s $775 million purchase of robot maker Kiva Systems in 2012 as a turning point for retailers and other companies, not just automakers or industrial manufactures, in adopting robots.

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Glen Raven Meets Their Goals Through a Successful Deployment of Advanced Planning

Supply Chain Shaman

Recently, I spoke on the future of supply chain management at the University of Tennessee Supply Chain Forum. It is a privately-held textile company that successfully navigated the global sourcing/labor arbitrage mania of the last decade and managed to maintain a significant presence in the United States. For him, this meant growing top-line revenue with less supply chain inventory. In China, the rollout was for a weaving factory and outsourced yarn manufacturing.

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