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. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

QAD

JANUARY 24, 2023

Detained withhold release order (WRO) shipments move to a bonded facility: After a WRO is administered, importers can move inventory to a bonded facility until admissibility determination by CBP. The needed connectivity between manufacturers and suppliers means relying on increased digitized processes and solutions.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Software Optimal Sourcing Procurement 98

ToolsGroup

FEBRUARY 2, 2022

All this led to global supply chain disruptions and inventory build-ups, wrong inventory mixes, and supply chain shortages in 2022. You can read more about it in the FT , CNBC , and many other sources or listen to Goldman Sachs’ podcast. Image source: New York Times. Get your Free Playbook ?

Supply Chain Planning Software 177

Supply Chain Planning Software Forecasting Software Forecasting Optimization Software 177

crisp

FEBRUARY 1, 2023

Sanofi Consumer Healthcare’s Elliott Bowles spoke about the company’s evolving use of data to track inventory and make informed decisions, and how these internal processes are saving time and money across the organization. For other Crisp news, industry insights and best practices, subscribe to the blog. Thank you for tuning in.

Video 52

Video Data Analytics Software New York 52

6 River Systems

MARCH 19, 2020

And this made sense when warehouses were truly pass-through for inventory. It used to be that you would source, manufacture, store, send to a store and then the consumer would access that inventory. Inventory now has to be much more nimble and therefore supply chain nodes can no longer resemble their static nature of old.

Inventory Reduction 52

Inventory Reduction Inventory Supply Chain Design Software Optimal Sourcing 52

Enterra Insights

AUGUST 8, 2022

When you boil it down, a product’s shelf life is very short and if you don’t sell it, that inventory will be discounted shrinking already razor thin margins. 8] Miska Salemann, “ The best places to buy Halloween candy in bulk as shortages mount in 2022 ,” New York Post, 29 July 2022. [9] ”[6].

Logility 246

Logility Manufacturing Procurement Supply Chain Planning Scenario Planning 246

QAD

MAY 23, 2023

This sounds simple enough, but we all know it’s a very complex issue and that’s partially because ESG concerns touch every part of the value chain, from the field or mine where raw materials are sourced to the packaging and transport modes used to bring your finished product to market.

Procurement Solutions 98

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 98

The UCLA Anderson Global Supply Chain Blog

AUGUST 11, 2017

Luxottica maintains a warehouse in Atlanta and ships roughly 470k units of inventory each week - 300k to retail locations and 170k as wholesale to independent opticians and department stores. Warby Parker maintains a warehouse in New York, through which it fulfills orders and operates its HTO program. Exhibit 1: Margin analysis.

Manufacturing Procurement 112

Manufacturing Procurement Sourcing Strategies Inventory Reduction Supply Chain Design Software 112

Stord

OCTOBER 4, 2023

New York, NY and Atlanta, GA, October 4, 2023 – Stord , a leader in high-volume fulfillment services and technology for omnichannel mid-market and enterprise brands, announced its partnership today with Athletic Greens , the global health company behind the daily foundational nutrition supplement AG1.

Optimal Sourcing 60

Optimal Sourcing Optimization Software Supply Chain Software Logistics Network Optimization Software 60

Logility

APRIL 13, 2022

The ventilator shortage was a stunning example of the finely tuned intricacy of global supply chains, as noted in The New York Times back in March 2020: “…the machines are complicated, made up of hundreds of smaller parts produced by companies all over the world. For example, Why is it so hard to find a new car?

Sustainability 134

Sustainability Sri Lanka Logility Optimal Sourcing 134

Material Handling & Logistics

OCTOBER 8, 2017

New York City. New York City. Content Summary: Chicago ranks number 1 among the seven metro areas in projected supply chain management and technology employment growth; in net job creation for supply chain-related industries; in freight flow; and in inventory holding. Media Type. Media Caption. Privacy Settings.

San Francisco 82

San Francisco Los Angeles Supply Chain Software New York City 82

BlueYonder

OCTOBER 29, 2021

Luminate Control Tower acquires enterprise data from various source systems (customers, orders, inventory, shipment, etc.) To learn more watch LCT in action. The post Real-Time Visibility: The Key to Navigating Port Congestion appeared first on Supply Chain Nation.

Real-time Visibility 60

Real-time Visibility Los Angeles Predictive Analytics Software Logistics Network Optimization Software 60

Enterra Insights

JUNE 22, 2021

Businesses need to inventory the risks, as well as materials and products, in their supply chains in order to plan for and, in theory, mitigate those risks. Are there any single-sourced components that we need to diversify in case of an event? Could inventories at sites outside of the affected area handle production needs?

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Supply Chain Strategy Modeling 130

Supply Chain Matters

MAY 24, 2022

The Bloomberg report, citing people familiar with the situation, that excess capacity includes warehouse properties in New York , New Jersey , Southern California and Atlanta. One source indicated to Bloomberg that a final estimate on excess square feet has not been reached and that the total figure remains in flux.

Supply Chain Planning Software 52

Supply Chain Planning Software Real Estate Warehousing Supply Chain Planning 52

QAD

MARCH 3, 2022

According to History.com , PBS , BBC and related sources, Alexander Graham Bell first embarked on his technology journey when he worked on his father’s “visible speech” system, which used symbols to represent speech sounds to teach deaf children. The first transatlantic transmission from New York to London occurred via radio waves in 1927.

Manufacturing Procurement 98

Manufacturing Procurement Demand Planning Software Supply Chain Network Software Supply Chain Software 98

Supply Chain Matters

JULY 29, 2024

retailers have been pulling forward their 2024 holiday fulfillment inventory needs as a hedge toward deepening global supply chain disruptions, geopolitical developments and rising freight rates. Similarly, the imports processed at the port of New York and New Jersey reached during May reached their highest levels since September 2022.

Shipping 52

Shipping Global Los Angeles Long Beach 52

The UCLA Anderson Global Supply Chain Blog

AUGUST 11, 2017

Luxottica maintains a warehouse in Atlanta and ships roughly 470k units of inventory each week - 300k to retail locations and 170k as wholesale to independent opticians and department stores. Warby Parker maintains a warehouse in New York, through which it fulfills orders and operates its HTO program. Exhibit 1: Margin analysis.

Manufacturing Procurement 60

Manufacturing Procurement Sourcing Strategies Inventory Reduction Supply Chain Design Software 60

Unleashed

APRIL 2, 2024

Additionally, sustainability and ethical sourcing will become even more critical in the coming years.” Consumers are increasingly seeking unique products that reflect their individual interests and values, which presents a tremendous opportunity for small businesses. What are your essential tools for managing the business?

Cost Reduction Strategies 52

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

Supply Chain Matters

MAY 30, 2023

The Supply Chain Matters blog highlights a further negative drop in the New York Federal Reserve’s Global Supply Chain Pressures Index ( GSPI ). The logistics industry remains hopeful in new signs indicating that retailers and manufacturers are getting closer to working off the overall glut of inventories that resulted in 2022.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Taiwan New York 52

Supply Chain Matters

APRIL 7, 2022

For the specific routing of Shanghai to New York , the index was $11, 531, reflecting a six percent decline. . Trucking disruptions in these areas threaten the flow of inbound and outbound inventory. . Because of this, both Inventory Costs (91.0) Inventory levels reportedly dipped to 75.7 US Logistics Index.

Global Transportation 52

Global Transportation Logistics Network Optimization Software Cost Reduction Strategies Global 52

Elementum

AUGUST 13, 2018

The experience economy stems from consumers’ desire to feel closer to the source of their purchases and to feel that they are part of a new, socially responsible generation of shoppers. Barneys New York CEO said it best in the Wall Street Journal: "We’re in the entertainment business. We’re in the services business.

Supply Chain Planning Software 87

Supply Chain Planning Software Supply Chain Planning Manufacturing Procurement Supply Chain 87

Talking Logistics

JULY 9, 2018

According to a 2017 Michigan State University Supply Chain Management study , “supply chain and product complexity possess a number of sources that vex supply chain operations…customer accommodation is the first,” including the demand for speed and visibility into shipments.

Rail Software 107

Rail Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Network Software 107

Supply Chain Matters

APRIL 1, 2022

Frequent readers of the Supply Chain Matters blog may recall one metaphor that this Editor has invoked over the past three years – the Eagle ’s tune, In a New York Minute ( Everything Can Change ). Friedman went on to articulate that transit times to move inventory from Asia to the U.S.

Negotiating Skills 52

Negotiating Skills Manufacturing Procurement Sourcing Strategies Material Savings 52

NC State SCRC

MAY 27, 2020

i] As the virus spread more quickly in Washington State, New York, San Francisco, and New Orleans, the administration quickly realized that the coronavirus would not be “magically going away.” health care system and risks in a supply chain dependent on global sourcing, would buffer the country from unanticipated disruptions.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Material Savings Manufacturing Procurement 98

Supply Chain Matters

AUGUST 8, 2022

According to the July 2022 Global Supply Chain Pressure Index (GSPI) , compiled and published by the Federal Reserve Bank of New York , overall pressures reportedly declined once again in July. Warehousing and Inventory metrics continue to buoy the logistics sector. Global Supply Chain Pressure Index.

Procurement Analytics 52

Procurement Analytics Report Global Supply Chain Software 52

Logistics Viewpoints

FEBRUARY 25, 2022

Given low inventories and dwindling spare capacity, the oil market cannot afford large supply disruptions,” said UBS analyst Giovanni Staunovo in a Reuters article. In terms of trade, these are not critical, single-sourced Tier 1 inputs needed in manufacturing. More than 190,000 firms in the U.S.

Price Reduction 229

Price Reduction Ukraine Russia Logistics Network Optimization Software 229

Stord

APRIL 7, 2019

True Value has already successfully implemented this strategy in the Midwest, and is now bringing it to its Northeast region with this new investment. Amazon is using a smaller distribution center for fulfillment in New York City , and other companies are following its lead.

Warehousing 60

Warehousing Kansas City Los Angeles New York City 60

NC State SCRC

JANUARY 1, 2023

Inventory will remain bloated for the first half of 2023, – and supplier relationships will be tested. Walmart will pay more for domestic sources, but will not be burdened with the inventory and purchasing FOB. Unfortunately, a lot of the bloated inventory is stuff that consumers don’t want – or can’t afford.

Predictive Analytics Software 94

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Pharmaceutical 94

Supply Chain Matters

JULY 2, 2024

Reportedly, new export orders continued a growth trend experienced in every month thus far in 2024 with Asian, European and North American customer product demands. That stated, inventory pressures coupled with higher demand have reportedly led to lengthening lead times for the country’s manufacturers. All rights reserved.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global Optimal Sourcing 52

BlueYonder

MARCH 6, 2020

A New York Times article from August 2019 highlights how much artificial intelligence (AI) is indebted to humans. where is my inventory,” and leverage ML-based recommendations to find alternate sources of supply and integrated execution capabilities to turn recommendations into alternate supply shipments.

Real-time Visibility 95

Real-time Visibility Modeling Supply Chain Planning Software Supply Chain Software 95

Kinaxis

AUGUST 25, 2014

Stacey spoke about how as their install base grew, the company faced challenges getting visibility into its more than 70 global inventory hubs and spare parts depots for its service parts planning business. Data was imported and copied from a variety of sources and some of the key data was maintained only in Excel spreadsheets.

Case Study 195

Case Study San Jose Optimal Sourcing Inventory Management 195

Elementum

AUGUST 13, 2018

The experience economy stems from consumers’ desire to feel closer to the source of their purchases and to feel that they are part of a new, socially responsible generation of shoppers. Barneys New York CEO said it best in the Wall Street Journal: "We’re in the entertainment business. We’re in the services business.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Planning Manufacturing Procurement Supply Chain 60

GlobalTranz

JANUARY 7, 2016

Troy-Bilt : Troy, New York: Manufactured and assembled various sizes of roto-tillers called: “Horse”, “Pony”, etc. Question number three : Inventory on hand, both finished goods and individual parts, and Inventory Records Accuracy. Schwinn : All of this was done manually, by hand, responsibility: the Inventory Manager.

Manufacturing Procurement 120

Manufacturing Procurement Manufacturing Eliminating Excel in Purchasing Purchasing Skills 120

Veridian Solutions

FEBRUARY 14, 2020

Although not as sizable as other Chinese cities, Wuhan has more than 11 million people, making it considerably larger than New York City. Review available inventory now to make timely reordering decisions for non-perishable products. Make plans as if this outbreak will last longer than a single traditional flu season.

Supply Chain Planning Software 80

Supply Chain Planning Software Pharmaceutical Manufacturing Procurement Supply Chain Planning 80

Supply Chain View from the Field

AUGUST 11, 2015

commercially standard) parts that create excessive quality and procurement costs, to squirreling away MRO parts and inventory in places that no one will ever find them, including the operators, all in the name of risk! But when companies do further analytics on excessive inventory, they eventually realize that about 80% of it is non-critical.

Purchasing Skills 60

Purchasing Skills Manufacturing Procurement Cost Reduction Strategies Supply Chain Design Software 60

Enterra Insights

MAY 6, 2020

Challenge 1: Customers Cancel Orders and Finished Goods Inventory Builds Up. Challenge 3: Raw Inventory Builds Up as Material Keeps Arriving. To prepare for the next recession, companies should closely track the financial health of suppliers; use industry standard parts; have a second source of supply; and keep extra inventory on hand.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Material Savings Supply Chain Planning Software Supply Chain Strategy 100

Talking Logistics

AUGUST 8, 2014

The bodega and building as it appears today (source: Google Maps). Amazon Same-Day Delivery Selection Grows in New York ( Re/Code ). HighJump Software announced enhancements to its Retail Inventory and Point of Sale Management software, RETAIL vantage. WTO failure points to fragmented future for global trade ( Reuters ).

Logistics Network Optimization Software 146

Logistics Network Optimization Software Supply Chain Network Software Supply Chain Planning Software Supply Chain Software 146