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It’s Time to Connect Manufacturers and Suppliers within the Value Network

DELMIA Quintiq

Upheavals in one country can heavily impact manufacturers worldwide, too. hoku earthquake and tsunami significantly affected many industries, even those with production plants outside Japan. Manufacturers realized that they had no backup plans for the production of components critical to their operations.

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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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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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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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L’Oréal: A Case Study in Supply Chain Excellence

Supply Chain Shaman

The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve. Based in Paris, L’Oréal is a global personal care manufacturing company.

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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. Sustainable Transformation Requires Digitalisation.

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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.