Your supply chain is costing you money – Reason #1 Offshoring without getting the full picture

Kinaxis

Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Implementing a manufacturing process change, Resolving a significant quality issue? by John Westerveld. Here, there and everywhere | The economist.

The Inventory Accuracy “Confidence Gap”

Talking Logistics

The research focused on the inventory visibility and optimization challenges that companies face today related to omni-channel fulfillment and the actions they should take to elevate their omni-channel performance. And it begins with improving their inventory accuracy.

Is Inventory Waste or an Asset?

Supply Chain Shaman

It is Labor Day weekend in the United States, and the plane is full. We feel so strongly about this that we do not have an inventory planning role.” His feeling was that inventory is an asset to manage. Inventory is both.

Omni-Channel Logistics Leaders: The Importance of Real-Time Inventory Visibility

Talking Logistics

The research focused on the inventory visibility and optimization challenges that companies face today related to omni-channel fulfillment and the actions they should take to elevate their omni-channel performance.

What is Inventory Carrying Cost?

EMERGE App

But while the newly arrived goods sit in your warehouse, did you know that there are also costs associated with keeping inventory? They are collectively called inventory carrying costs because they need to be paid to hold inventory. What is Inventory Carrying Cost?

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

Cerasis

We recommend you get in touch with him if you'd like an expert to guide you to the next level in your manufacturing business. . Reshoring Or Not, Let's Get Back to the Basics of What is Manufacturing. What is Manufacturing? These manufacturers are called Subcontractors.

[INFOGRAPHIC] The Rise of Enterprise Mobility in Manufacturing

Cerasis

What is Mobility as it Applies to Manufacturing and Other Businesses? However, we are not referencing this kind of mobility when we are talking about mobility in manufacturing and logistics. The Rise of Enterprise Mobility in Manufacturing for Process Enablement.

Taming the Long Tail of Inventory

Logility

Well to my surprise, I fired up the Google machine and, using the manufacturer and model number, I quickly found a company that specializes in providing genuine obscure OEM parts. Long-tail inventory strategies concentrate on managing the B, C, D, etc.

Benefits of Inventory Serial Number Tracking

EMERGE App

Regular readers will know that we’re big fans of using barcodes and handheld readers for inventory management. Next, we’ll examine the benefits of using serial number tracking for inventory. Say you’re a t-shirt manufacturer.

Can robots help you manage inventory better?

PINC YMS

In the United States, 250,000 manufacturing plants and warehouses support the activities of 4 million retail stores and ecommerce websites – And all of these operations carry inventory. inventory robotics Logistics Viewpoints warehouse drones

The Future of IoT in Manufacturing

BluJay Solutions

Gartner also believes that IoT will have an enormous impact on how the supply chain operates and with the information available to supply chain and manufacturing leaders. The Current State of IoT in Manufacturing. Stolen cargo remains to be an issue in the United States.

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. Total Sales 1,300 units.

An Executive Q&A – Challenges of a Private Label Manufacturer

Logility

With this in mind, I spoke with Craig Ablin, vice president of supply chain with Clement Pappas , to get his perspective on a few of the unique challenges private label manufacturers face. 1) What are the top supply chain challenges you face as a private label manufacturer?

An Inventory Audit Guide for Wholesalers and Distributors

EMERGE App

However, we shall soon see why an inventory audit is critical for businesses dealing with physical stock. You shouldn’t confuse an inventory audit with two popular means of tallying your stock: physical stock takes and cycle counting. What is an Inventory Audit.

Craft Beer Inventory Management

EMERGE App

Germany had an envious history of centuries of beer brewing before it took off in the United Kingdom and the United States in the 1970s. Much of the manufacturing involves chemistry and is dictated by the brewer’s style. Simple manufacturing with raw materials.

The State of the Health of The US Manufacturing Sector & Manufacturing Technology Orders

Cerasis

In this blog, Andy discusses the health of the manufacturing industry, manufacturing technology orders, and setting benchmarks for company performance. The State of the Health of The US Manufacturing Sector & Manufacturing Technology Orders. Manufacturing

Nearshoring & Reshoring Will Continue to Increase Thanks to these Main Benefits

Cerasis

Offshoring is basically when a company moves manufacturing to a foreign country in an attempt to save money. For a time, this model of manufacturing seemed to be the paragon of effective business. Why Are Manufacturers Focusing on Reshoring and Nearshoring?

The Top 3 Reasons for Label & Packaging Errors in Food Manufacturing

NC State SCRC

The role of packaging is an important contributor to total cost of ownership, as it also impacts cube on trucks, inventory storage, product safety, regulatory compliance, and customer satisfaction. Packaging errors are often the root cause of massive recalls, excess and obsolete inventory costs, and can often be prevented through a clear error-proofing process. Situations like this can be very damaging for the manufacturer’s brand reputation.

Reflections on Hard Hats and Safety Shoes…

Supply Chain Shaman

Manufacturing teams used to manage the supply chain group. Today, in most organizations, the supply chain team manages manufacturing. The irony is that fewer and fewer people within the supply chain team understand manufacturing. As I work with teams to envision the new tomorrow, I find fewer people know the basic concepts of manufacturing planning–cycle inventories, freeze duration, slush period, bottlenecks and constraints.

The game-changing solution to solve your biggest S&OP challenges

Quintiq

Take this example: A company decides to go ahead with the manufacturing of a new product based on sufficient plant capacity and favorable sales forecast. They also experience lower safety stock and inventory levels. Manufacturing Supply Chain Planning & Optimization

S&OP 170

Indiana Jones and the supply chain bullwhip effect

Kinaxis

A small shift in customer demand essentially cracks the whip, and the further a supplier is from the demand, the more significant the impact, which inevitably leads to increasing swings in inventory for suppliers.

Tackling Item Complexity

Supply Chain Shaman

Stuck, the company struggled with customer service levels and high inventory write-offs. The process helped World Kitchen manage inventories through bankruptcy filing in 2002. The financial team calculated the EVA by each stock keeping unit (SKU). (A Personalization.

Florence Et Al.

Supply Chain Shaman

Each state has a rich manufacturing economy. The supply chain impacts will ripple across the states as Florence moves west. Across the United States, triage teams are working to minimize the impact of Florence. As a manufacturer, stay close to market signals.

Navigating the Supply Chain Management Fault Line

Supply Chain Shaman

Decision support includes all forms of planning: demand, supply, revenue, manufacturing and transportation planning. Robust Market Emerging for Digital Manufacturing Technologies. Robotics/wearables/the Internet of Things/additive manufacturing coalescence is redefining manufacturing.

7 Steps To Manage Your Chemical Inventory With Software

EMERGE App

Here, we’ll cover how you can use off-the-shelf inventory management software to manage your chemical inventory. First, we’ll start by listing some obligations when dealing with chemicals in Europe, Australia and the United States. United States.

Supply Chain Shaman - Untitled Article

Supply Chain Shaman

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. The Company has three business units – Custom Fabrics, Technical Fabrics and Trivantage. In China, the roll out was for a weaving factory and out sourced yarn manufacturing.

An Interview with Reshoring Initiative’s Harry Moser

CH Robinson Transportfolio

I’m speaking, of course, of the growing number of companies who are either making a choice to manufacture in America by never offshoring in the first place or moving manufacturing back to America from overseas. My ties to manufacturing date back to my grandfather.

8-Step Importing Guide For First Timers

EMERGE App

And, if you’re importing goods into the United States , the U.S. Manufacturers vs Trading Companies. Manufacturers make the product themselves and will sell the goods directly to you. Make sure that you deal directly with manufacturers and not trading companies.

Identifying the Key Differences Between a B2B and B2C Supply Chain

Unleashed

Transactions are brief, taking place between the manufacturers or retailers and the consumer. B2B businesses sell products and services from one company to another, for example between manufacturers and wholesalers or between wholesalers and retailers. Successful B2B eCommerce businesses have effectively connected the front-end customer experience with the back-end processes of inventory control , order processing, order fulfilment and returns.

Mindmap for the Fashion & Luxury Goods Market

Supply Chain Movement

Adequate demand planning and accurate inventory investments are key to successful supply chain management in this fast-moving industry. Holy See (Vatican City State). Micronesia, Federated States of. Tanzania, United Republic of. United Arab Emirates. United States.

8-Step Importing Guide For First Timers

EMERGE App

And, if you’re importing goods into the United States , the U.S. Manufacturers vs Trading Companies. Manufacturers make the product themselves and will sell the goods directly to you. Make sure that you deal directly with manufacturers and not trading companies.

The Three “Habits” for Successful IoT Implementations

ToolsGroup

They included 300 executives in 11 industries in Canada, China, Germany, and the United States. Editor’s note: Due to the upcoming holidays, this will be our last blog for 2018. The next posting will be on January 8 th , 2019.

What Value Are You Getting From Planning?

Supply Chain Shaman

ou Feasibility (noun) : The state or degree of being easily or conveniently done. Outsourcing–procurement, manufacturing and transportation– decreased visibility and increased data latency. Inventory levels? Slow and obsolete inventory?

Top 6 Wholesale Distribution Trends for 2019

EMERGE App

They range from small-batch soap manufacturing to the distribution of sports car parts. Unfortunately, much of the changes are factors caused by the escalating trade wars between the two largest nations in the world: the United States and China. Introduction.

‘It’s cool working at ASML if you got supply chain DNA’

Supply Chain Movement

The company, one of the Dutch stars within the field of discrete manufacturing, offers supply chain professionals a chance to work every day on new advanced models that are highly needed to maintain its position as market leader. [This article is brought to you by ASML].