ToolsGroup

APRIL 1, 2022

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Unleashed

JANUARY 4, 2024

Product sourcing, done the right way, can set your business up with the foundations needed for achieving maximum sales. This guide will explain how product sourcing works in modern business, best practices for finding suppliers, and list some of the most popular websites and tools for sourcing goods to sell.

Purchasing Skills 52

Purchasing Skills Manufacturing Procurement Optimal Sourcing Sourcing Strategies 52

GlobalTranz

JANUARY 7, 2016

Editor's Note: This is a two part series featuring Chuck Intrieri, who along with providing excellent insights over at his industry leading The Lean Supply Chain blog, is also a consultant who works with companies for Cost Reduction, Supply Chain Optimization, Logistics, Manufacturing, and 3PL Selection. What is Manufacturing?

Manufacturing Procurement 120

Manufacturing Procurement Manufacturing Eliminating Excel in Purchasing Purchasing Skills 120

Unleashed

OCTOBER 27, 2020

For medical device manufacturers connected to the Covid-19 pandemic response, 2020 has been a year of growth. However more broadly the industry has faced the same challenges as other manufacturing sectors, with a -4.4% But also on how medical device manufacturers navigate other challenges specific to their sector.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Design Software Manufacturing Inventory Management Software 105

OptiProERP

NOVEMBER 14, 2023

In an era where environmental concerns are taking center stage, sustainability has emerged as a critical driver of success for manufacturers, big and small. Governments, consumers, and stakeholders increasingly prioritize sustainable practices, urging manufacturers to reevaluate their operations.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Material Savings Resource Reduction 52

Supply Chain Matters

MARCH 29, 2022

The Supply Chain Matters blog highlights this week’s announcement from athletic footwear designer and manufacturer New Balance of the grand opening of this company’s fifth production facility in North America. In a published Supply Chain Matters at the time , we pointed out that despite knowledge that manufacturing shoes in the U.S.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Sourcing Strategies Expense Reduction 52

QAD

JANUARY 24, 2023

It is no secret that procurement executives are constantly seeking innovative ways to maximize efficiency and address unexpected supply disruptions. However, procurement is evolving into much more than the most cost effective option since the cheapest option often involves real world atrocities like child and forced labor.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Software Optimal Sourcing Procurement 98

Supply Chain Game Changer

AUGUST 30, 2022

Many businesses use some form of Total Cost of Ownership model to support their Procurement and sourcing decisions. In fact these models are not just used casually, but they often are designed to inform and make optimal sourcing choices. Typically and historically sourcing decisions were predominantly based on unit price.

Optimal Sourcing 103

Optimal Sourcing Purchasing Skills Manufacturing Procurement Negotiating Skills 103

AB&R

JUNE 11, 2024

The Centers for Disease Control and Prevention (CDC) estimates that each year in the United States alone, there are approximately 48 million cases of foodborne illness, leading to 128,000 hospitalizations and 3,000 deaths. The post Food Safety: A Top Priority for food Manufactures appeared first on AB&R.

Manufacturing Procurement 52

Manufacturing Procurement Food Optimal Sourcing Sourcing Strategies 52

Unleashed

JULY 2, 2020

The latest data shows New Zealand’s manufacturers appearing to shrug off the ‘80% economy’, reaching pre-Covid levels of activity at the end of June. The data in question has been sourced from Unleashed Software’s inventory management and business SaaS product. Australian manufacturing booming. NZ purchasing rebounds.

Manufacturing Procurement 98

Manufacturing Procurement New Zealand Manufacturing Data 98

OptiProERP

OCTOBER 25, 2023

Deloitte’s analysis in  Connected Small Businesses in the United States  found that digitally advanced small businesses realized significant benefits compared to companies with low levels of technology engagement. Technology in manufacturing can help companies stay on top of vendor performance to ensure they meet their expectations.

Supply Chain Planning Software 52

Supply Chain Planning Software Manufacturing Procurement Inventory Management Software Optimization Software 52

Supply Chain Shaman

DECEMBER 30, 2021

Pandemic demand for goods, and the shifts from a service economy, increased volume in southern California ports where 40% of ocean carriers unload for entry into the United States. Value networks do not interoperate and the business leader trying to track shipments must manually sync multiple data sources to get to answers.

Supply Chain Design Software 440

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 440

Supply Chain Matters

APRIL 4, 2023

However, we discern some added signs excess inventories and of production sourcing shifts. As noted in our February highlights, such a state can imply a breather, a turning point, or pending shifts. Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. but represented 0.6

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global Purchasing Skills 52

Supply Chain Matters

MARCH 2, 2023

Such a state can imply a breather, a turning point, or pending fundamental shifts. Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. Further noted were signs of increased manufacturing employment and slower rates of decline in both new business and stocks of purchases.

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Optimal Sourcing 52

Logistics Viewpoints

JUNE 20, 2022

Mr. Bailey has worked most of his career at VF – as an industrial engineer in facilities, in strategic sourcing, running offshore operations, and now as the person in charge of the company’s entire supply chain. VFC’s supply chain sourced over 410 million units of apparel, footwear, and accessories in their last fiscal year.

Agile and Lean Supply Chain 236

Agile and Lean Supply Chain Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 236

Supply Chain Matters

SEPTEMBER 3, 2022

Supply Chain Matters provides our commentary and perspectives on published monthly global manufacturing PMI and supply chain activity indices. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. United States. The August S&P Global US Manufacturing PMI™ again fell to a two-year low of 51.5,

Manufacturing Procurement 59

Manufacturing Procurement South Korea Manufacturing Global 59

Supply Chain Shaman

FEBRUARY 26, 2024

For example, in manufacturing, the shift in focus is away from OEE to focus on first pass yield and schedule adherence.) Their goal is clear–stabilize the blood supply in the United States. The implementation of NoSQL for inventory management gives them an inventory signal with little to no process latency.

Modeling 208

Modeling Supply and Demand Optimal Sourcing Supply Chain Planning Software 208

Logility

SEPTEMBER 19, 2023

Taming Supply Chain Bullwhips with DemandAI+ Bullwhip effect is a common term used in supply chain to describe how a small change in consumer purchasing pattern or a change in any demand pattern that can cause significantly large impacts to supply. Each one of these events has a ripple effect, contributing to the bullwhip.

Supply Chain Planning Software 135

Supply Chain Planning Software Modeling Supply Chain Software Supply Chain Planning 135

Supply Chain Shaman

JUNE 1, 2022

The 34th president of the United States (1953 to 1961.). I work with a group that has a sub-team focused on cost, one on customer service, and one on inventory, but lack alignment on a standard definition of supply chain excellence. On average, industries carry 38 more days of inventory than in 2007. ” Dwight D.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 195

Supply Chain Shaman

AUGUST 24, 2020

Similarly, with the break-up of “The Bells” in the United States in 1982, personal networks grew more open. IBM purchased Sterling Commerce. There is no network capable of connecting sourcing, logistics, manufacturing, and distribution together in the market today. Here are some rules of thumb: 1.

Supply Chain Network Software 342

Supply Chain Network Software Manufacturing Procurement Purchasing Skills Procurement Solutions 342

Supply Chain Matters

OCTOBER 28, 2024

That stated, in certain regions such as across Europe and China , the year continues to present economic and manufacturing challenges. Global wide manufacturing activity levels as measured by the J.P. Morgan Manufacturing PMI® contracted once again at the end of Q3. In the specific case of Germany , it is both.

Predictive Analytics Software 59

Predictive Analytics Software Manufacturing Procurement Cost Reduction Strategies Agile and Lean Supply Chain 59

Supply Chain Matters

OCTOBER 4, 2022

Supply Chain Matters provides our monthly highlights commentary and perspectives on published monthly global manufacturing PMI and supply chain activity indices. Now, with September and full Q3 reporting available, global manufacturing activity has officially fallen below the 50.0 Global Wide Production Activity. represented a 0.5

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Trends 52

Supply Chain Matters

MAY 3, 2024

Decline in Global Manufacturing Output Levels Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMI® declined in April. Production output levels and new order rates expanded in the latest month while stocks of purchases and supplier lead times were reflective of contractionary indicators.

Manufacturing Procurement 52

Manufacturing Procurement Global Purchasing Skills Supply Chain Strategy 52

Supply Chain Matters

NOVEMBER 4, 2022

Supply Chain Matters provides monthly highlight commentary and perspectives on published October 2022 global manufacturing PMI and supply chain activity indices. Now, October reporting data reinforces global-wide contraction levels in production and new orders, along with manufacturing recession conditions now acknowledged for Europe.

Manufacturing Procurement 52

Manufacturing Procurement Report Global Manufacturing 52

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

IoT supports operational efficiencies in areas such as asset tracking, inventory management and forecasting, improving productivity and aiding decision-making across the supply chain. Should supply chain delays occur, companies can more easily identify the source of bottlenecks and take action to improve processes.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

GlobalTranz

JULY 24, 2015

Supply chain management in manufacturing is by no means a simple process, but the United States is learning from past mistakes and they're poised to start playing a little catch-up in the manufacturing world due to their expertise. Government Weighs In on Supply Chain Management in Manufacturing.

Manufacturing Procurement 120

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Manufacturing 120

Supply Chain Shaman

DECEMBER 28, 2020

Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. When compared to pre-recession years, we ended the decade with twenty more days of inventory. Days of Inventory Comparison. The first story is about a large regional food manufacturer.

Supply Chain Planning Software 418

Supply Chain Planning Software Forecasting Forecasting Software Modeling 418

ToolsGroup

OCTOBER 3, 2022

Yet according to retail advisory firm IHL , “The most significant challenges to inventory distortion are the availability of workers and the disruptions outside of the immediate control of the retailer.” As per a recent report by CNBC , the labor department in the United States has 5.5 Source: Bloomberg.com.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

Supply Chain Shaman

SEPTEMBER 3, 2015

It is Labor Day weekend in the United States, and the plane is full. We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. My Insights.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

The Logistics of Logistics

SEPTEMBER 12, 2020

Today, MSU is one of the largest universities in the United States and has approximately 634,300 living alumni worldwide. The department educates students to succeed in careers such as procurement, manufacturing, inventory management, warehousing, transportation, and customer service. Manufacturing strategies.

Supply Chain Design Software 130

Supply Chain Design Software Negotiate Pricing Negotiating Skills Supply Chain Design 130

Supply Chain Shaman

DECEMBER 30, 2021

Pandemic demand for goods, and the shifts from a service economy, drove the increase in southern California ports where 40% of ocean carriers unload for entry into the United States. Returning containers is an ongoing issue resulting in some manufacturers investigating a return to break-bulk shipping (container free).

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 195

Supply Chain Shaman

OCTOBER 25, 2021

The United States is late in investing in port infrastructure. Container inventory is imbalanced. Manage Make, Source, and Deliver Together. At the enterprise level, manufacturers and retailers focus on corporate efficiency. Fourteen of twenty-eight industries have rising inventories. Volume is up.

Analytics Software 195

Analytics Software Analytics Supply Chain Design Software Supply Chain Planning Software 195

Logility

MAY 17, 2023

They’re also carefully pursuing suppliers, manufacturing, and distribution locations that are sustainable and resilient. According to Reshoring Initiative , companies seeking to limit their exposure to supply chain uncertainties and global conflict risks are moving operations from East Asia to the United States or as close as possible.

Vendor Strategies 169

Vendor Strategies Cost Reduction Strategies Price Reduction Inventory Reduction 169

DELMIA Quintiq

AUGUST 15, 2022

While the worst of Covid-19 seems to be over, manufacturers are still reeling from the after-effects of the disruptions caused by the pandemic. This could mean reducing fuel consumption, machine CO 2 emissions, or transitioning their energy to hybrid, electric or hydrogen sources. Supply Chain Instability. Customer Case Study.

Optimal Sourcing 156

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Modeling Software 156

Unleashed

DECEMBER 28, 2021

In these fast-moving days of technological advancement and economic change, a lot of manufacturers are talking about going ‘lean’. One major aspect of running a lean business is reducing inventory – that is, a reduction in the amount of inventory your organisation keeps on hand at a given time. Techniques for 2022. Less waste.

Inventory Reduction 86

Inventory Reduction Cost Reduction Strategies Waste Reduction Expense Reduction 86

ToolsGroup

APRIL 13, 2020

We have 135 restaurants, four distribution centers, and we also manage three manufacturing facilities, with more than 5,000 SKUs, and we deliver to each restaurant up to three times a week. If you do the math there, you have to make 748,000 inventory decisions per month. Decisions were made within 24 hours.

Supply Chain Planning Software 296

Supply Chain Planning Software Supply Chain Software Forecasting Software Supply Chain Optimization 296

ThroughPut

JUNE 4, 2020

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52