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Inventory Control in Manufacturing: 7 Strategies to Maximize Service Levels and Profit Amid Disruption

ToolsGroup

Like most industries, manufacturers around the world are feeling the pinch of inventory disruption brought on by shortages and other supply chain challenges. But manufacturers are unique. What is Manufacturing Inventory Control? What is Manufacturing Inventory Control? 4 Common Inventory Pitfalls Manufacturers Must Avoid.

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From Real-Time Visibility to Real-Time Decisions: Data’s Value Is Propagating Across Global Supply Chains

Logistics Viewpoints

The paradigm is shifting from foundational visibility to real-time decision-making, with positive implications for supply chain teams spanning sourcing & procurement, to production, to yard & DC operations and beyond. Why is this shift such a big deal? We don’t have to think back very far. Lesson learned.

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Global Manufacturing Activity Levels Stabilize in February

Supply Chain Matters

Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. Morgan Manufacturing PMI® , compiled by S&P Global in association with ISM and IFPSM , halted a consecutive five-months of contraction levels to that of no-change. The S&P Global US Manufacturing PMI® had a February value of 47.3,

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“Never Let a Good Crisis Go to Waste” – Key Insights from the Automotive Logistics

BlueYonder

From the array of presentations shared during the conference, I have distilled several key insights: Fostering Collaboration: Disruptions, such as UAW strikes, COVID-19, and chip shortages, have become the new norm, occurring with greater frequency and magnitude. Short-term visibility at the Purchase Order/ASN level is insufficient.

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Trends 2023: Supply Chain

Enterra Insights

It is not just US tool manufacturers that are affected. The goal is to set China’s chip manufacturing industry back by at least a decade.”[4] What happened instead was massive theft of intellectual property, huge trade deficits, the hollowing out of the middle class in Europe and North America, and the rise of nativist politics.”

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Cardinal Health’s Perfect Implementation

Logistics Viewpoints

Pete Bennett, and his co-presenter, Mary Byrne, the vice president of supply and demand planning, spoke during a presentation at Kinaxis’ user conference Kinexions. Cardinal Health, a global manufacturer and distributor of medical, surgical and laboratory products, is focused on continuous improvement of service.

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How the Inflation Reduction Act’s EV Tax Credit Will Reshape Supply Chains

QAD

The automotive industry is undergoing a massive technological transformation toward vehicle electrification and the shift presents huge opportunities for manufacturers that do business in the US, especially since the passage of the Inflation Reduction Act in August 2022. What’s in the Inflation Reduction Act’s New Clean Vehicle Credit?