Gravity Supply Chain

JANUARY 19, 2023

As suggested by experts, the very first step in identifying these barriers is to understand the various components of the supply chain, which includes understanding the roles of suppliers, manufacturers, distributors, retailers, and customers. Without visibility, it’s difficult to identify where problems exist and how they can be addressed.

Sourcing Strategies 52

Sourcing Strategies Supply Chain Planning Software Supply Chain Software Purchasing Skills 52

MIT Supply Chain

OCTOBER 17, 2014

We’ve been hearing a lot lately about the return of industry from foreign shores to the US – commonly known as reshoring – and how prodigal companies are driving a manufacturing renaissance in America. Emerging manufacturing methods such as 3D printing promise to make US-based production even more cost-effective. What is reshoring?

Manufacturing Procurement 105

Manufacturing Procurement Cost Reduction Strategies Expense Reduction Sourcing Strategies 105

RFgen

FEBRUARY 28, 2023

In this article, we will provide a comprehensive guide to supply chain traceability, including its importance, benefits, challenges, and how it works. Raw Material Tracking Traceability from the raw materials stage through the consumer tracking stage enables lean manufacturing and gains in productivity.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Waste Reduction 52

MIT Supply Chain

JULY 10, 2014

Supply chain strategies often include some sort of commitment to innovation, but if the organization is not set up to be truly innovative it’s an empty promise. In order to support these principles, the manufacture operated high-volume plants that exploited economies of scale to the fullest.

Expense Reduction 96

Expense Reduction Inventory Reduction Cost Reduction Strategies Price Reduction 96

Precoro

JULY 8, 2022

In the article, we look critically at the role of the purchasing manager and discuss how to determine the value of hiring one. This role is far more complex than just buying in the company’s name – purchasing manager's job is about creating a company procurement strategy based on the available budget and suggesting execution policies.

Purchasing Skills 98

Purchasing Skills Manufacturing Procurement Negotiating Skills Procurement Solutions 98

MIT Supply Chain

OCTOBER 30, 2014

They collaborated with two service providers, Sourcemap and AIR Worldwide, to develop an interactive mapping tool that evaluates operational risk, and flags the relative importance of key suppliers and manufacturers to the integrity of a supply chain. A broader view. Each node shows the revenue at stake in the event of a disruption.

Manufacturing Procurement 76

Manufacturing Procurement Supply Chain Software Supply Chain Strategy Procurement Solutions 76

MIT Supply Chain

MAY 20, 2014

The research explores a new approach to combating drug counterfeiters: devising mitigation strategies based on the way dispensers procure medicines. When there are drug shortages, mainly as a result of manufacturing shortfalls, these small players become a primary source for downstream buyers. Here are two key ones.

Manufacturing Procurement 88

Manufacturing Procurement Optimal Sourcing Procurement Sourcing Strategies 88

MIT Supply Chain

DECEMBER 5, 2014

In response to competitive pressures, a leading consumer packaged goods (CPG) manufacturer increased the number of product launches threefold and halved the amount of time taken to get the products to market. Strategy 3D printing CPG market MIT CTL masters program New product development sales sample supply chain'

Supply Chain Design Software 86

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 86

MIT Supply Chain

FEBRUARY 6, 2014

However, robots are now being deployed in areas that were once the exclusive preserve of humans, raising new challenges for manufacturers. “In The end result is more complex interactions between humans, machines, and the manufacturing processes that ultimately feed markets. Constraints like these are not new.

Agile and Lean Supply Chain 92

Agile and Lean Supply Chain Demand Planning Software Optimization Software Supply Chain Network Software 92

MIT Supply Chain

SEPTEMBER 25, 2014

The MIT CTL researchers developed models to show how a leading CPG manufacturer can use large volumes of POS data to improve supply chain performance. The thesis sponsor company, General Mills, Inc (GMI), is a Fortune 500 manufacturer of food products.

Inventory Reduction 63

Inventory Reduction Cost Reduction Strategies Modeling Optimal Sourcing 63

EazyStock

JANUARY 6, 2023

As we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. You can read more about demand forecasting techniques in our article. Reshoring or nearshoring can reduce issues caused by shortages or blockages, particularly for manufacturers.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 52

EazyStock

JANUARY 6, 2023

As we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. You can read more about demand forecasting techniques in our article. Reshoring or nearshoring can reduce issues caused by shortages or blockages, particularly for manufacturers.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 52

MIT Supply Chain

JULY 17, 2014

In other words, these leaders had not moved with the times; they had failed to reinvent the strategies and processes that underpinned past successes. For example, Dell Corporation was the leading personal computer manufacturer in the world, earning accolades for its vaunted manufacturing postponement strategy.

Costa Rica 99

Costa Rica Brazil Supply Chain Planning Software Supply Chain Strategy 99

Shipsy

MAY 28, 2021

To survive and thrive in the covid-hit world, businesses started to revisit their last-mile strategies and felt the necessity of shifting their traditional last-mile system to the digital realm. The focus will be either on in sourcing fleet or opting for a hybrid fleet model, which has been earlier mentioned in this article.

Modeling Software 52

Modeling Software Trends Analytics Software Supply Chain Design Software 52

MIT Supply Chain

MAY 8, 2014

As is often the case when complex competitive strategies hit the headlines, however, there may be more to this story than meets the eye. In many ways, the strategy represents a logical extension of the building spree Amazon embarked on to build fulfillment centers close to most urban areas. The answer is … maybe. Bypass Amazon.

Retail 88

Retail Material Savings Manufacturing Procurement Journal 88

MIT Supply Chain

MARCH 27, 2014

This article was first published as a Linkedin Influencer post by MIT CTL Director Professor Yossi Sheffi. Strategies such as near-shoring – where manufacturing operations are brought closer to home markets – are among the SCM responses to distribution’s shifting kaleidoscope of delivery options. New challenges.

Agile and Lean Supply Chain 68

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Software Supply Chain 68

MIT Supply Chain

NOVEMBER 6, 2014

In the maritime example I cited above, the lack of a centralized management strategy for our nation’s port system puts us at a competitive disadvantage. There are many other areas where a centralized strategy is needed. Manufacturers have responded to these efforts by stepping up the production of PPE. Photo: U.S. DoD, Army Sgt.

Government 58

Government Resource Reduction Inventory Reduction Waste Reduction 58

MIT Supply Chain

MARCH 19, 2015

China’s logistics industry is gaining in importance and developing rapidly to support the nation’s manufacturing sector. While China has gained a reputation as a cost effective place for manufacturing, logistical costs (about 18% of the cost of sales) in the country are still very high compared to other developed countries.

Cost Reduction Strategies 40

Cost Reduction Strategies Inventory Reduction Third Party Logistics Supply Chain Planning Software 40

Operations and Supply Chain Management

MAY 14, 2014

Discussion Questions: This post has two articles that describe the launch of the new “Google Glass” product. Read the articles carefully and describe what Google has done so far to develop this product and understand the market for it. The second article says that an independent company estimates that it only costs Google $152.47

Expense Reduction 40

Expense Reduction Price Reduction Cost Reduction Strategies Purchasing Skills 40

Talking Logistics

AUGUST 21, 2015

Although the $675 million price tag for GT Nexus limited the number of potential acquirers, I was surprised at first when I saw that Infor was the buyer, partly because they are not on my radar very often. Stay tuned for an article I wrote for CSCMP’s Supply Chain Quarterly on this trend, which will be published in the coming days.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Network Software Forecasting Software 100

Unleashed

JUNE 7, 2022

But it’s one thing to talk about what social commerce is or how it works, and another thing to see it in action – and get inspired about how you can include it in your multichannel eCommerce strategy. In this article we showcase seven examples of social commerce success from across various apps. 100% Pure Who? Itzy Ritzy Who?

Examples 98

Examples Inventory Management Software Forecasting Software Jordan 98

ShipBob

MARCH 4, 2024

In this article, you’ll learn about the importance of domestic distribution, how it works in the context of ecommerce, as well as how ShipBob’s innovative approach to domestic distribution sets it apart. For ecommerce businesses, this means being able to offer fast shipping options to customers without a hefty price tag.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Distribution 52

Talking Logistics

DECEMBER 16, 2015

That said, there are several high-level trends and factors that will impact supply chain and logistics strategies and operations in 2016: Oil Prices : Just a few years ago, there was plenty of talk about oil prices potentially reaching $300 per barrel and the impact it would have on supply chain and logistics networks and processes (e.g.,

Predictive Analytics Software 120

Predictive Analytics Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 120

Supply Chain Game Changer

MARCH 6, 2019

Article originally published by, and permission to publish here provided by, Sam Jenks at kodiakrating.com. Initiatives are being put in place to make these statements a reality, but are these organizations agile enough to shift strategies, process and operations — for real? Subscribe Here! Email Address. Responsible Sourcing.

Manufacturing Procurement 50

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 50

RFgen

AUGUST 14, 2017

These counterfeits featured markings normally found on legitimate parts from “approximately 35 major electronics manufacturers, including Motorola, Xilinx, and National Semiconductor.” This article will examine the scale of the counterfeit parts problem and what’s changed in acquisition regulations to try to address it.

Aerospace 52

Aerospace Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 52

6 River Systems

OCTOBER 30, 2019

Sarah Boisvert @fablabhub Sarah Boisvert is the author of The New Collar Workforce and founder of Fab Lab Hub that offers Digital Badges for skills such as 3D printing, robotics, CAD design and AI in manufacturing. Southern California is an expensive place to operate, so many of their manufacturing customers have embraced robotic solutions.

Warehousing 78

Warehousing Supply Chain Software Supply Chain Design Software Supply Chain Planning Software 78

Enterra Insights

JUNE 1, 2020

”[2] They provide links to numerous articles to help business leaders better understand the topic of big data. To be precise, it refers to the data that, although has not been classified under a particular repository (database), still contains vital information or tags that segregate individual elements within the data.”

Big Data 147

Big Data Data Analytics Software Manufacturing Procurement 147

MIT Supply Chain

APRIL 17, 2014

Instead of everyone owning a lawn mower, one owner profits from its purchase and others rent the asset, lessening the need to manufacture more units. As these examples show, an important consequence of the sharing trend is that it yields significant environmental benefits because fewer assets have to be constructed or manufactured.

San Francisco 96

San Francisco Resource Reduction Price Reduction Expense Reduction 96

AB&R

MARCH 2, 2023

How to Get a New Arizona Facility Running Optimally in a Hurry If you’re setting up a new warehouse or manufacturing facility in Arizona, you will want to make sure you’re being as efficient as possible in everything you do. Workers can read an entire room’s worth of RFID tags in minutes using a single handheld reader. HAVE QUESTIONS?

Arizona 52

Arizona Optimization Software Inventory Management Software Price Mitigation Strategies 52

Unleashed

FEBRUARY 4, 2024

This article will help you understand how it works, why it’s so important, and which best-practice retail inventory management techniques can ensure efficient stock control. To manage the inventory in your retail store, it’s important to have a strategy to help guide what and how much to buy. What is retail inventory management?

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Forecasting Software 52

RFgen

JANUARY 12, 2024

A foundational element in digital transformation strategies, ERP systems help organizations face evolving challenges and control costs. In this article, we will explore and compare both cloud ERP and on-prem ERP systems. Enterprise Resource Planning (ERP) systems deliver incredible benefits to the businesses that implement them.

Supply Chain Planning Software 73

Supply Chain Planning Software Modeling Software Predictive Analytics Software Demand Planning Software 73

ThroughPut

MAY 20, 2019

In this article, ThroughPut will share some of the most common myths about your industrial data, and why your preconceived notions about your data are simply false. Additionally, this article will focus on the solutions around current mindset bottlenecks, to allow more open-mindedness around leveraging data analytics.

Analytics Software 45

Analytics Software Data Industrial Industry 45

Supply Chain Brain

APRIL 30, 2018

Deputy Prime Minister Somkid Jatusripitak laid out the broad outlines of a three-pronged investment strategy, involving mega-projects, development of the country’s Eastern Economic Corridor (EEC), and creation of digital infrastructures. Comment on this article.

Thailand 40

Thailand Price Reduction Price Mitigation Strategies Philippines 40

Talking Logistics

SEPTEMBER 27, 2013

According to an article in The Cincinnati Enquirer , Macy’s has expanded its network of fulfillment departments to 500 stores. Items are brought back to the fulfillment center where staffers wrap and tag orders for the afternoon UPS pickup. Nonetheless, I believe Kewill is heading in the right direction with its strategy.

Logistics Network Optimization Software 125

Logistics Network Optimization Software Supply Chain Network Software Inventory Management Software Modeling Software 125

Infosys Supply Chain Management

SEPTEMBER 17, 2011

Industrial Manufacturing. Hi Pankaj, I found the article to be crisp & informative, expecially for non Supply Chain background person. Thanks for the nice article, can you help me with the following questions? because we display a tag Sold-out on the items being selected into the order. Instance Consolidation Strategy.

Supply Chain Planning Software 26

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 26

MIT Supply Chain

JANUARY 2, 2014

The article generated a fair amount of discussion and I promised to follow up with separate notes on each of these macro trends. For example, Hamburger Helper, a product manufactured by General Mills, modified its formulation to create denser pasta shapes. Other companies focused on modifying the value density of the product itself.

Material Savings 104

Material Savings Price Reduction Cost Reduction Strategies Supply Chain Design Software 104

MIT Supply Chain

SEPTEMBER 18, 2014

The warehouse strategy is aligned with this business model, and as such, is a key element of the retailer’s competitive edge. This changed when some talented professionals recognized that applying queuing theory to the data derived from PLCs would enable auto manufacturers to forecast production line bottlenecks.

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Software Supply Chain Strategy Supply Chain Optimization 100