Supply Chain Matters

SEPTEMBER 3, 2022

The top three regions exhibiting PMI growth were noted as India, Australia and Thailand. Similarly, raw material inventories are accumulating due to the sudden and unexpected drop in production volumes.”. . Excess inventory levels now remain a more cogent concern particularly among retail industry supply networks.

Manufacturing Procurement 59

Manufacturing Procurement South Korea Manufacturing Global 59

The Logistics & Supply Chain Management Society

NOVEMBER 23, 2020

With governments in crisis management mode, policy priorities pivoted on Saving Lives and Livelihoods. Arising from the pandemic is risk diversification i.e. reducing sourcing risks from China. Many are now actively pursuing opportunities to diversify sourcing and reduce the China risk factor. Diversification.

Supply Chain Disruption 41

Supply Chain Disruption Supply Chain Planning Software Supply Chain Software Supply Chain Planning 41

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Changing Landscape of Supply Chain Executives Traditionally, supply chain executives excelled in managing functions like transportation, warehousing, inventory, and production planning but supply chain process extends beyond the firm, involving global relationships with suppliers and customers.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

Logistics Bureau

JANUARY 7, 2020

Pioneered the use of vendor-managed inventory. Implemented cross-docking in its supply network to enable inventory reductions. In 2017, the company began to look at new options for warehousing, knowing it would need to start placing inventory closer to customers if it wanted to compete in the challenging omnichannel retail space.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 101

EMERGE App

JULY 16, 2018

Here, I’ll cover private label products first and how you should go about sourcing for suppliers. She eventually threw away most of her clothes as they were far too thick for Thailand’s sunny and humid weather. Pro Tip #2: Source Your Product Sensibly. Going to the Source.

Manufacturing Procurement 71

Manufacturing Procurement Purchasing Skills Just-in-Time Modeling Software 71

ThroughPut

MAY 31, 2022

Capacity and inventory buffers: Building buffer capacity is the simplest way to build supply chain resilience, whether by way of maximizing productivity or building inventory to ensure that stockouts never happen – while at the same time ensuring that overstocking and wastage are never an issue.

Manufacturing Procurement 52

Manufacturing Procurement Expense Reduction Inventory Reduction Supply Chain Strategy 52

Supply Chain Opz

JANUARY 22, 2016

Clearly, redundancy (extra inventory, more suppliers, etc.) This is how Western digital managed to restore its operations after the flood in Thailand much sooner than its competitors. - Best practice is to have a “source tree” of all critical components before you need it, that way the lead time can be reduced to an acceptable level.

Sourcing Strategies 120

Sourcing Strategies Vendor Strategies Cost Reduction Strategies Price Reduction 120

Bristlecone

MARCH 31, 2020

Increasingly, businesses are driven by the need to improve productivity, minimize costs, reduce inventory and drive up asset utilization. Super-efficient supply chains with accurate forecasting and well-managed inventories worked fine until the virus hit us. Take a close look at inventory management policies.

Modeling 52

Modeling Supply Chain Planning Software Optimal Sourcing Supply Chain Software 52