article thumbnail

Added Boeing Developments Related to Production Quality Challenges

Supply Chain Matters

The development, initially reported by The Wall Street Journal citing informed sources, involves the interviewing of passengers and crew members who were on-board the aircraft at the time of the incident. Paid subscription). This report accounts for the notions of unconforming quality repair needs that are termed traveled work.

Quality 52
article thumbnail

Cost of Goods Sold Formula (with examples)

Unleashed

It’s an important inventory accounting metric for any company selling physical goods as it directly impacts profit margins and product pricing. It’s possible to reduce Cost of Goods Sold by buying in bulk or when a discount is available, negotiating with or changing suppliers, and sourcing cheaper labour. What is cost of goods sold?

Insiders

Sign Up for our Newsletter

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

article thumbnail

10 Greatest Supply Chain Management Books of All Time

Supply Chain Opz

Therefore, the challenge to establish ranking method is to find more economical data source and unbiased metric. The content is good then people refer to it often (number of citations is also used to measure the importance of journal articles aka Impact Factor). How about its counterpart in Europe?

article thumbnail

Supply and demand production challenges with new products

Kinaxis

Alternative sources for parts. By implementing the above actions, supply chain managers can use the Tracking Ratio (TKR) metric during the introduction phase to measure the rate between the variety manufactured and customer orders. 1] International Journal of Engineering, Science and Technology, Vol.2,

article thumbnail

A Look Back at the Automotive Industry in 2022

Resilinc

YOY in 2022, a metric due partly to its robust sales of mid-size pickups, according to CNBC. By the fourth quarter, managers at automotive firms “were encouraged by relatively strong sales … as factory work accelerated in the midst of improved parts supply,” wrote the Wall Street Journal on January 4. GM was an exception with U.S.

article thumbnail

Red Sea Ocean Transport Disruption Update

Supply Chain Matters

According to the reporting by The Wall Street Journal (Paid subscription) , Maersk’s profitability decline has more to do with new ship capacity coming into service this year as a result of ship acquisitions initiated during the prior 2-3 years. That compares to $9.8 billion profitability in 2023, and an astounding $36.8

article thumbnail

5 Best Logistics Books to Keep Within Reach

Supply Chain Opz

The Supply Chain Revolution: Innovative Sourcing and Logistics for a Fiercely Competitive World Pros: This book will show you how to plan and execute sourcing strategies like the world's leading companies. Cons: It focuses heavily on sourcing or purchasing which is one function under integrated logistics management.