Remove Inventory Remove Manufacturing Remove United States
article thumbnail

Your supply chain is costing you money – Reason #1 Offshoring without getting the full picture

Kinaxis

Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. This significantly changes the supply chain picture and must be considered in terms of additional safety stock requirements (which will drive up inventories) and your order promise policies.

article thumbnail

You Should Be Worried. Supply Chains Are Not OK. Let’s Lock Arms To Drive Change

Supply Chain Shaman

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. Manufacturers build “control towers” but there no network dial tone between parties to enable prescriptive analytics and alerting.).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

A New Decade: Give Science A Chance

Supply Chain Shaman

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.

article thumbnail

Reflections on Hard Hats and Safety Shoes…

Supply Chain Shaman

Manufacturing teams used to manage the supply chain group. Today, in most organizations, the supply chain team manages manufacturing. The irony is that fewer and fewer people within the supply chain team understand manufacturing. Instead, many of these teams just accept manufacturing strategy as a constant.

article thumbnail

Is Inventory Waste or an Asset?

Supply Chain Shaman

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.

article thumbnail

Want to Succeed at a Large Firm? Become an Entrepreneur

Logistics Viewpoints

Jabil (NYSE: JBL) is headquartered in the United States. The company engages in contract manufacturing services for companies. Then Jabil handles the sourcing and manufacturing of those products. Manufacturing occurs at over 115 sites around the world. They had over 100 days of inventory on hand.

article thumbnail

Throwback Thursday

Supply Chain Shaman

This week, as the east coast of the United States was deluged with rain, I basked in beautiful San Diego sun while attending the Logimed USA event. This was WBR’s first event in the United States targeted for the Medical Device Supply Chain Leader. The shift of inventory without the sharing of data is a mistake.