Kinaxis

DECEMBER 12, 2014

by John Westerveld 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. A bad decision can result in missed orders, significant inventory, or scrapped materials.

Supply Chain Planning Software 240

Supply Chain Planning Software Supply Chain Planning Price Mitigation Strategies Training 240

Supply Chain Matters

MARCH 5, 2024

Slight Rise in Global Wide Production Activity Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMI® was headlined with back-to-back expansion levels in February. The HSBC India Manufacturing PMI® rose from 56.5 Manufacturing Among the two reported PMI reports relative to U.S.

Manufacturing Procurement 59

Manufacturing Procurement Global United Kingdom Purchasing Skills 59

ivalua

MARCH 31, 2020

The effective shutdown of industrial activity in Wuhan, China — ground zero for the virus – presented particularly difficult problems for manufacturing firms worldwide, many of which had come to depend on materials, components and finished goods made in China. A retailer will have empty shelves.

Supply Chain Design Software 130

Supply Chain Design Software Agile and Lean Supply Chain Manufacturing Procurement Supply Chain Software 130

ShipBob

DECEMBER 18, 2019

In mainland China (and even in other countries that celebrate the holiday such as Indonesia, Malaysia, North Korea, Singapore, South Korea, Vietnam, and Brunei), the Chinese New Year holiday is a very big deal. Get prepared for the year of the rat with the best kind of red envelope, keeping your business in stock of inventory!

How To 136

How To Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software 136

Supply Chain Matters

AUGUST 3, 2023

The July numbers signal a continued downturn in global manufacturing conditions with output and new order rates reportedly falling at faster rates. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. Manufacturing production reportedly decreased for the second consecutive month.

Manufacturing Procurement 52

Manufacturing Procurement Global Taiwan Optimal Sourcing 52

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. 49% of respondents were from the manufacturing industry, 16% from the mechanical engineering sector, and 11% from the automotive market.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Logistics Viewpoints

SEPTEMBER 7, 2022

They would go to a Tier 1 manufacturer and ask them to identify the Tier 2 suppliers for the parts that went into a specific component. Do I need more inventory? You could ask, what if there was an earthquake in South Korea? The other risk management software supplier’s methodology was based on surveys.

Supply Chain Visibility 228

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 228

Resilinc

JULY 26, 2022

Not coincidentally, the company opened its first in-house European manufacturing facility in Budapest in June. Samsung follower SamMobile.com reports that Samsung is boosting its use of domestic Korean sources for expandable components in semiconductor manufacturing. Lenovo, the largest PC maker by unit sales, saw 12.5%

Manufacturing Procurement 62

Manufacturing Procurement Gartner Inventory Reduction Price Reduction 62

Supply Chain Matters

MARCH 3, 2022

The Supply Chain Matters blog highlights February global manufacturing and supply chain indices and challenges relative to product demand and supply network imbalance levels in the first quarter of 2022. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. The IHS Markit Manufacturing PMI™ reported a value of 57.3

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Supply Chain Optimization Global 52

Supply Chain Matters

OCTOBER 26, 2023

His successor as CEO , Koji Sato, who previously led the auto maker’s Lexus luxury vehicle division, subsequently called for an “ EV-first mindset ” including the accelerated development of supply chain and manufacturing methods optimized for EV vehicle platforms.

Price Reduction 52

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BlueYonder

FEBRUARY 25, 2021

1] For many automotive manufacturers and suppliers, the initial shutdown of manufacturing in China due to the pandemic fully halted production in 2020, which exposed the risk of a single-country dependency model for many companies. Automotive Manufacturer Drives Profitability.

Inventory Reduction 57

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Supply Chain Matters

JULY 25, 2022

Previous global materials sourcing and just-in-time driven inventory management policies were laid bear with the realization that supply risk was a more problematic and business critical dimension. Geo-Political and Hybrid Government Policy Dimensions. For those businesses located in the U.S.,

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

Elementum

AUGUST 10, 2015

Update 8/09/2015, 18:03 PST: Tropical Storm Soudelor to Hit South Korea on August 11. Tropical Rainstorm Soudelor, which continues to inundate eastern China, is moving northwestward to hit South Korea on Tuesday, August 11, threatening to bring heavy rains and isolated flash flooding.

South Korea 60

South Korea Taiwan Supply Chain China 60

20Cube Logistics

JANUARY 27, 2022

However, despite becoming the latest epicenter for sourcing and manufacturing activities, economic growth in certain countries is expected to slow down this year due to various reasons. This is a direct result of the overstocking/stockpiling that happened in Asian manufacturing and retailing sectors. International Travel Policies.

Manufacturing Procurement 83

Manufacturing Procurement Asia Currency Policies 83

ThroughPut

MARCH 30, 2020

Automotive manufacturers are remobilizing to produce ventilators. South Korea has reported the lowest number of new cases in 4 weeks , leading the way on the containment execution roadmap. Our constraint is not our ability to help global manufacturing at scale, but to help global manufacturing in time.

Manufacturing Procurement 52

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Logistics Bureau

MARCH 9, 2020

Australian imports from China mainly comprise manufactured goods, including telecommunications equipment, IT products, furniture, home ware, clothing, toys, sports equipment, and televisions. South Korea, $28.7 Unprecedented challenges in forecasting and inventory sizing throughout 2020 and perhaps even beyond.

Australia 76

Australia South Korea United Kingdom Japan 76

EMERGE App

DECEMBER 18, 2018

They range from small-batch soap manufacturing to the distribution of sports car parts. It firmly cemented China as the world’s manufacturing hub. The voracious appetite of US consumers for goods — from Apple products to Xmas trees — saw China become the de facto manufacturer of consumer goods.

Distribution 74

Distribution Trends Manufacturing Procurement Supply Chain Design Software 74

CH Robinson Transportfolio

MARCH 14, 2020

We continue to see elevated cases in developed nations that have a heavy reliance on manufacturing outside of the U.S., Given this continued volatility, global importers are eager to restock their inventory. Assessment of inventory levels. How are existing inventories compared to sales projections? and Europe.

Supply Chain Planning 44

Supply Chain Planning Scenario Planning South Korea Manufacturing Procurement 44

Logistics Bureau

MARCH 19, 2020

The US auto industry is expected to follow suit as stockpiled inventory becomes depleted. Some US manufacturers, however, have resorted to airlifting supplies from China at a premium price. They are gambling on the expectation that they will be offering vehicles for sale, even when their competitors’ plants are still at a standstill.

Pharmaceutical 52

Pharmaceutical Supply Chain Strategy Manufacturing Procurement Supply Chain 52

Supply Chain Matters

AUGUST 2, 2022

Samsung Electronics reported an over 21 percent rise in quarterly revenues for the South Korea based company, but the numbers reportedly ended a streak of three consecutive quarters of record revenue growth. The manufacturer has now reduced its expectations for industrywide smartphone shipments to flat or minimal growth.

Cost Reduction Strategies 52

Cost Reduction Strategies Supply Chain Planning Software Supply Chain Planning Price Reduction 52

NC State SCRC

AUGUST 30, 2017

An interview I had today with a senior executive at a major global contract manufacturer helped to shape some ideas on this question of preparation for risks such as Hurricane Harvey, which is making a big mess in Houston. For instance, when Typhoon Hato hit South China last week, several electronic suppliers were impacted.

Analytics Software 58

Analytics Software Predictive Analytics Analytics Supply Chain Planning Software 58

Logistics Bureau

MARCH 3, 2020

It adds that while all its manufacturing partner sites in that country have reopened, they are ramping up more slowly than expected. In the United States , automotive stocks have fallen as manufacturers General Motors, Ford, Toyota, and Fiat Chrysler scramble to find parts and Moody’s Investor Service forecasts a drop of 2.5%

Manufacturing Procurement 59

Manufacturing Procurement Global Supply Chain Software Supply Chain 59

Supply Chain Movement

JUNE 30, 2015

China is not only an attractive market in terms of sourcing and manufacturing but also for the sale of goods due to the rapid growth of its middle class. Companies that have already got a manufacturing base in China are not necessarily at an advantage, as Bugaboo’s story illustrates. Free trade zone. Regional DC. Flown back.

China 60

China Distribution Inventory Reduction DC 60

Aera Technology

NOVEMBER 22, 2016

Meanwhile, pharma companies are still trying to iron out distribution and inventory complexities that cause another $25 billion in excess inventory – in a nutshell, the new drugs are complex proteins and if they’re not properly handled every step of the way to market, they’ll go bad!

Pharmaceutical 53

Pharmaceutical Supply Chain Software Supply Chain Optimization South Korea 53

EazyStock

AUGUST 8, 2023

Smart inventory managers plan for Chinese New Year (aka Lunar New Year) many months before the event. Manufacturers will stop production for at least two weeks to allow their workers to go home to their families in other parts of the country and then travel back again. In 2024, this will be from February 9-15.

Inventory Reduction 52

Inventory Reduction Resource Reduction Forecasting Scenario Planning 52

6 River Systems

JULY 29, 2020

CJ Logistics CJ Logistics is a Korean logistics company based in Seoul, South Korea. The company was formed in 1930 during the Japanese colonial period in Korea with a single warehouse as Chosun Rice Warehousing Co., Later, the company was named Korea Express, and multiple mergers and acquisitions led to its current name.

Warehousing 111

Warehousing 3PL Company Third Party Logistics 111

Logistics Viewpoints

OCTOBER 27, 2023

In August, President Biden hosted the leaders of Japan and South Korea at Camp David, bringing the three countries together in a bid to further encourage collaboration and innovation. The shifting numbers could be seen at the Port of Los Angeles, where cargo volume increased for the second consecutive month compared to 2022.

South Korea 251

South Korea Logistics Network Optimization Software Los Angeles Supply Chain Planning Software 251

Supply Chain Game Changer

FEBRUARY 27, 2019

Inventory Turnover Breakthrough … Go Back To The Basics! For instance, the bankruptcy of South Korea’s 7th largest shipping company (Hanjin Shipping) led to a dramatic reduction in global supply chain shipping capacity. Supplier consistency applies to manufacturers as well. Subscribe Here! Email Address.

Supply Chain Planning Software 57

Supply Chain Planning Software Resource Reduction Price Reduction Waste Reduction 57

Supply Chain Matters

FEBRUARY 5, 2024

Global Production Activity Rise Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMI® began 2024 with output levels rising for the first time in eight months. Global manufacturing employment levels fell for the fifth straight month. Manufacturing , there were mixed consensus.

Manufacturing Procurement 52

Manufacturing Procurement South Korea Manufacturing Global 52

Supply Chain Matters

OCTOBER 3, 2024

The reported September data provides added reinforcement of a global manufacturing slowdown occurring at the end of Q3-2024. Indices of new orders, production output and manufacturing employment have reportedly collectively declined while business optimism has reportedly fallen to a near two year low point.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Manufacturing Global 52

6 River Systems

SEPTEMBER 17, 2019

In addition to cutting the need for outsourced manufacturing, this move could give the company a leg up on the competition by making it possible to get products in the hands of consumers faster. Additionally, the company’s manufacturing expertise will enable the reduction of production costs.

Supply Chain Design Software 45

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ThroughPut

MARCH 30, 2020

Automotive manufacturers are remobilizing to produce ventilators. South Korea has reported the lowest number of new cases in 4 weeks , leading the way on the containment execution roadmap. Our constraint is not our ability to help global manufacturing at scale, but to help global manufacturing in time.

Manufacturing Procurement 14

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Demand Planning Software 14

My Office Apps

MARCH 17, 2020

While China, Italy, Japan and South Korea are on lock-down, the same thing is happening at large and small companies in the states. Laundry Between Emails: Making the Most of the Coronavirus Pandemic. The Coronavirus is putting remote work to a gigantic test, and at a totally unprecedented scale.

Modeling Software 54

Modeling Software Supply Chain Network Software Logistics Network Optimization Software South Korea 54

My Office Apps

MARCH 17, 2020

While China, Italy, Japan and South Korea are on lock-down, the same thing is happening at large and small companies in the states. Laundry Between Emails: Making the Most of the Coronavirus Pandemic. The Coronavirus is putting remote work to a gigantic test, and at a totally unprecedented scale.

Modeling Software 52

Modeling Software Supply Chain Network Software Logistics Network Optimization Software South Korea 52

Vinculum

MAY 17, 2022

Asia Pacific: (China, India, South Korea, Japan, Indonesia, Australia, Others). Manufacturing. Europe: (Germany, United Kingdom, France, Italy, Russia, Spain, Others). Latin America: (Mexico, Brazil Others). Africa and the Middle East. Breakup by End User: BFSI. Healthcare. Government and Public Sector. Retail and E-Commerce.

Forecasting Software 52

Forecasting Software Demand Planning Software Forecasting Modeling Software 52

Resilinc

JULY 20, 2021

In the decades since, Linton and his teams at IBM, LG, Flex and other companies have driven billions in annual procurement to China and other Asian countries, helping to create the Asia-centric manufacturing supply chains of today. based manufacturers will still need a strong supply base from friendly countries.

Manufacturing Procurement 62

Manufacturing Procurement Manufacturing Puerto Rico Mexico 62

EMERGE App

DECEMBER 31, 2018

If you’re still not convinced about using inventory management software , then perhaps the benefits might sway you over. Or follow your savvy suppliers and manufacturers as they open production lines in another country. Highly developed nations such as South Korea and Taiwan may fill in the technology gap.

Inventory Management Software 60

Inventory Management Software Purchasing Skills Forecasting Software Manufacturing Procurement 60