Remove Inventory Remove Japan Remove Manufacturing Procurement
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Your supply chain is costing you money – Reason #5 Not having a supply chain risk management process

Kinaxis

Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. We saw this type of issue over the past several years with the Japan earthquake / Tsunami in and with the Thailand floods. If your demand decreases, you have excess inventory or idle capacity.

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How Pure Storage Withstood the Pandemic

Logistics Viewpoints

For example, a vaccine manufacturer increased their order size by a factor of four in one weekend; a video call company wanted to receive ten times as much product as they initially forecast with just a month’s lead-time. Pure Storage’s manufacturing is done at three contract manufacturing sites, two in Texas and one in the Czech Republic.

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Sustainable Transformation is Data Driven – Driving Profitable Supply Chains from Resources to Retailing

The Logistics & Supply Chain Management Society

A survey conducted earlier this year by IDC Manufacturing Insights across Asia Pacific manufacturers found that organisations are currently focusing ESG efforts related to environmental sustainability on the following (1) : Energy efficiency requirements of products and operations. Reduction in waste and driving cost efficiencies.

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Your supply chain is costing you money – Reason #7 Making decisions based on bad data (supply chain data accuracy)

Kinaxis

Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Reason #6 Not effectively managing inventory. In addition to losing customers like me, those mistakes result in bad data that cost manufacturing companies millions of dollars.

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Why the supply chain should be more social

The Network Effect

As a result, when tragedy strikes like an earthquake affecting Japan or flooding rains overwhelming Bangkok, automakers and electronics manufacturers are unable to identify which of the suppliers upstream in their value chain may have been impacted.

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This Week in Logistics News (February 26 – March 4)

Logistics Viewpoints

Toyota Motor will restart domestic production after a cyberattack on a supplier ground the automaking giant’s factories to a one-day halt, sparking concerns about vulnerability in Japan Inc’s supply chain. We’re looking for alternative components in terms of manufacturers. percentage point to a 1.5 percent annualized rate.

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2021 Supply Chain Challenges: The Top 5 Lessons Learned + Tips from 11 Industry Experts

ToolsGroup

Pre pandemic we were importing the majority of our inventory from East Asia, in particular China and Japan. These businesses often collect tires of high quality as spare inventory and do not have the infrastructure in place to sell them. It’s time to re-think how our products are manufactured and distributed.