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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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Peloton’s Supply Chain Strategy Turnabout

Supply Chain Matters

This week, the company announced a reversal in manufacturing and supply chain strategy, as well as a major turnabout. The company will henceforth outsource the manufacturing of its stationary exercise bikes and treadmills to a Taiwan based contract manufacturer. Timing was a further crucial factor.

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Do Consumers Care About Ethical Sourcing?

Logistics Viewpoints

Sustainability initiatives come in all shapes and sizes, including responsible product packaging, energy efficiency, alternative fuels, optimizing routes for trucks, and efficient returns management programs. A big part of sustainability initiatives includes the use of ethical sourcing. Ethical Sourcing.

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Behind Toyota’s 2021 U.S. win? A better sourcing strategy

Resilinc

sales had grown 10% over 2020 and it had outsold the reining champion (GM) by more than 100,000 vehicles. spokesperson noted that this was not Toyota’s goal – and likely not sustainable – the change in ranking is widely seen as a vindication of Toyota’s supply chain strategies. By the year’s end, Toyota’s U.S.

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Pfizer Targets Operational Cuts and Added Efficiencies

Supply Chain Matters

billion in new cost cuts which are to be focused on operational and supply chain efficiencies. We observed the rather troubling and concerning developments that occurred in the global-wide spread in 2020 that locked-down populations, institutions and multi-tiered industry supply networks. billion by the end of 2027.

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Surviving Disruptions – an opportunity for supply chains to thrive with people and technology – LogiSYM July 2020

The Logistics & Supply Chain Management Society

Logistics and Supply Chain Management programmes at Heriot-Watt University Dubai discusses how successful selection and implementation of a digital supply chain strategy can be predicted. Supply chain trends and practices today, are mainly driven by cost optimisation and lean strategy. This has proved to be a major source of risk.

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Inventory Management Strategies of 7 Successful Firms

Unleashed

Here we break down the inventory management strategies of seven successful manufacturers and retailers around the globe. These examples show there isn’t a benchmark inventory management strategy that trumps all others.