Remove Inventory Remove Resources Remove Sourcing Remove Transportation
article thumbnail

Unlocking Insights with Life Cycle Inventory Analysis

SCMDOJO

This is where the Life Cycle Inventory (LCI) comes into play. By quantifying the resources consumed, emissions generated, and waste produced at each stage of a product’s life cycle, LCI provides a holistic perspective on environmental impact. What is the Life Cycle Inventory (LCI)?

article thumbnail

Build Supply Chain Resilience with a Diverse Sourcing Strategy 

Logility

And they’ve had little to no time to recover from raw material and labor shortages, supplier and factory failures, transportation delays, and rising costs while encountering unpredictable demand. Developing Diverse, Resilient Sourcing Strateg ies. This approach to supply chain planning may be a significant paradigm shift.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Finished Goods Inventory: Definition & Formula

Unleashed

Finished goods inventory are products that have been through the manufacturing process and are now ready for sale. This article breaks down how finished goods are calculated and some key inventory management methods for tracking them as they move through your business. What are finished goods inventory?

article thumbnail

7 Reasons Why You Should Reduce Inventory

SCMDOJO

Are you tired of dealing with excessive inventory levels that eat up your storage space, tie up your capital, and hinder your company’s growth? If so, then it’s time to consider the numerous benefits of reducing inventory. Inventories are designed to match customer(s) demand. The same applies to inventory reduction.

article thumbnail

Responding to Supply Chain Disruption Amid COVID-19

AIMMS

Our team put several resources together to help supply chain organizations navigate through this crisis safely. . The next 2-4 weeks are critical to understand the exposure throughout your value chain, take actions to address anticipated shortages , and ensure resource requirements to restart. Ensure Resource Requirements .

article thumbnail

Manufacturing Inventory Management: The Manufacturer’s Guide

Unleashed

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. This guide for manufacturers explains how it works and explores the most effective ways to manage inventory in manufacturing. In this manufacturing inventory management guide What is manufacturing inventory management?

article thumbnail

Baltimore Bridge Collapse: An Opportunity to Reinforce the Importance of Supply Chain Resilience

Logistics Viewpoints

The most obvious impact was the disruption of traffic and transportation. A robust supply chain has strong and reliable components, such as infrastructure, equipment, technology, and human resources, that can withstand shocks and stresses. The collapse had several immediate and long-term consequences for the region.

Baltimore 230