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The 25% tariffs on Canadian and Mexican imports and 20% tariffs on Chinese goods are expected to increase production costs, disrupt logistics networks, and force companies to rethink supplychains. auto parts are sourced from Mexico, making the tariff impact immediate and severe. Approximately 40% of U.S.
This ambitious initiative is set to transform various aspects of the supplychain, from manufacturing and job creation to research and development, infrastructure upgrades, and sustainability efforts. As part of this package of U.S. As part of this package of U.S. is a strategic move to enhance domestic production.
One October, when I was about 10 years old, my family and I traveled from the east coast of the United States to Michigan for a relative’s wedding. My mother, a Michigan native, told me that those were sugar beets and that they were used to make sugar. How Do Beet Sugar Shortages Affect Food and Beverage Manufacturers?
Supplychain management books that are praised by supplychain executives, consultants and supplychain management professionals at all levels. Background In dynamic supplychain management environment, people have to make the quick and decisive actions against various issues.
With Starboard’s Digital Twin Technology, Logility Clients Can Better Answer “What if” Scenarios and Optimize SupplyChain Networks to Overcome Disruptions and Drive Growth. a Traverse City, Michigan based innovator of supplychain network design software. ATLANTA (June 28, 2022) – Logility, Inc.,
It was held at the University of Michigan in Ann Arbor. On Wednesday, the theatre at the Michigan League was bursting at the seams to hold over 500 attendees. The attendees were sitting on the edge of their seats to hear about the next release of Llamasoft software. Today, supplychain design has become a process all to its own.
There is a developing trend that has been gaining steam in recent years that has the potential to seriously impact and “disrupt” food and beverage manufacturing. It means buying food that is sourced and/or grown within a geographical location that could be considered “local”. Disrupting the Larger Food and Beverage Manufacturer.
Consumer packaged goods (CPG) manufacturers and their end-customers constantly engage in a complicated dance that has no choreographed steps. Sometimes CPG manufacturers take the lead and sometimes consumers take the lead. Most business consultants today urge CPG manufacturers and retailers to become consumer-centric and demand-driven.
The logistics landscape is evolving rapidly as more manufacturers relocate production closer to domestic markets. This trend, known as reshoring , is driving the emergence of regionalized freight networks , optimizing supplychains for efficiency, cost savings, and resilience. Government Incentives for Reshoring The U.S.
Logistics and SupplyChain – 1940 to 2040 with Jason Miller. Jason Miller and Joe Lynch discuss logistics and supplychain, 1940 – 2040. Jason is a professor of supplychain at Michigan State University, which is ranked as one of the top supplychain schools in the world.
SupplyChain Basics with Jason Miller. Jason Miller and Joe Lynch discuss supplychain basics. Jason is a professor of supplychain at Michigan State University, which is ranked as one of the top supplychain schools in the world. Key Takeaways – SupplyChain Basics.
Supplychain disruptions have become all too common. The problem lies in effectively balancing inventory across the supplychain. This critical aspect of optimization is often overshadowed by flashier supplychain trends. When demand surges, inventory needs to rise, and vice-versa.
by Melissa Clow This guest post comes to us from Jim Fulcher , Blogger on the SupplyChain Expert Community. The outcome is expected to either significantly impact an existing automotive supplier network or prompt manufacturers and suppliers to move or begin operations. What supplychain risks do you see?
The global supplychain is transforming rapidly. Rapid technological advancements offer opportunities but require constant adaptation. Therefore, traditional supplychain management is no longer enough; businesses must embrace new strategies to thrive. Inventories are down. .”
ATLANTA (August 24, 2022) American Software, Inc. million for the same period last year, and software license revenues were $0.3 For the SupplyChain business, professional services revenues for the quarter ended July 31, 2022 increased by 8% to $5.2 Sears Manufacturing Co., Company and Technology.
Balancing supply and demand requires careful planning and the ability to adapt to changing market conditions, especially when considering the bullwhip effect in supplychain management. Manufacturers benefit twofold because replenishment orders exceed sales at the wholesale level.”
Experienced logistics and supplychain consultant, Chuck Intrieri is a new contributor to TheLogisticsofLogistics.com. Chuck has been a sought after speaker (Purchasing Management Association and the University of Wisconsin-Madison, trainer, and has been published in professional journals and general publications.
I can’t wait to receive my Michigan State themed shoes – GO GREEN , GO WHITE.). Delivery of ‘make to stock’ products to a home or business is now available within hours of making a purchase. An estimated, 75% of available supplychain data originates from outside the ERP system. What’s next?
I can’t wait to receive my Michigan State themed shoes — GO GREEN , GO WHITE.). Delivery of “make to stock” products to a home or business is now available within hours of making a purchase. An estimated, 75% of available supplychain data originates from outside the ERP system. What’s next?
The COVID-19 pandemic caused unprecedented global supplychain disruptions, impacting the flow of parts and finished goods around the world. The disruption caused by COVID-19 is unique in that it impacted supplychains across all industries.
Companies need to be fully aware of global climate change conversations and how they will impact their supplychain in the near future. Supplychain network and transportation optimization can help make better sourcing and multi-stop route decisions that ultimately result in route design that balances low costs with higher service.
If you haven’t yet listened to or read about them, take a look at our wrap-up blogs covering episodes 1-5 , episodes 6-10 and episodes 11-15 of the Auto SupplyChain Prophets podcast. As we wrap up 2022 and roll into the holidays, I wanted to share summaries of our five latest Auto SupplyChain Prophets podcast episodes.
The COVID-19 pandemic has pushed manufacturers to rapidly shift gears, from addressing work-from-home policies to managing extreme swings in demand and uncertain supplychains. In the process, it has highlighted an aspect of manufacturing ERP that is not as visible in more normal times— business continuity.
How Continuous Improvement Gutted the Global SupplyChain? In recent blogs, we laid out the basics of supplychain management , and discussed some of the macro factors contributing to the increase in supplychain disruptions. How Continuous Improvement Gutted the Global SupplyChain?
The concept of a digital twin has been around since 2002, first introduced by Dr. Michael Grieves as part of his research agenda at the University of Michigan. How will the supplychain be managed, what equipment will be involved, and how will post-production support be provided? Before the Digital Twin.
Moving on, here’s the supplychain and logistics news that caught my attention this week: Introducing Amazon Key, a New Level of Delivery Convenience for Prime Members. Latest Use for a Bitcoin Technology: Tracing Turkeys From Farm to Table (WSJ sub. Alphabet looks to snowy Michigan to test self-driving cars (Reuters).
In the years leading up to the Covid-19 pandemic, most people paid little attention to supplychain operations. Supplychain disruptions dominated the headlines. People suddenly understood what had always been true: supplychains shape our lives. Following the outbreak, that all changed.
Customers don’t want to think about supplychains; they just want great purchasing experiences. Although the connection between great customer experience and a world-class supplychain should be obvious, customer experience is not the first thing that pops into most peoples’ minds when they hear the term “supplychain.”
The concept of a digital twin has been around since 2002, first introduced by Dr. Michael Grieves as part of his research agenda at the University of Michigan. How will the supplychain be managed, what equipment will be involved, and how will post-production support be provided? Before the Digital Twin.
New technology has made today’s world a much more connected place. So why are our supplychains so disconnected? Few companies share meaningful data with their supplychain partners, and even when they do, the partners often don’t use it. That’s why 2016 will be the year of connectivity in supplychain.
One area that always seems ripe for improvement is the supplychain, and one of the best ways to accomplish that is with a transportation management system (TMS). The Cloud has become the great equalizer in supplychainsoftware thanks to the speed, simplicity and savings it delivers.
Procurement professionals around the world are sitting up and paying attention, especially in sectors with globally integrated supplychains. In such a crisis, virtually all supply categories appear “strategic”: as CNN business bluntly put it , “ You can’t make a car with 99% of the parts. Heavy industry.
SupplyChain Matters features our latest full edition of This Week in SupplyChain Management Tech , a compilation of funding, partnership and other noteworthy financial announcements related to supplychaintechnology providers. Our last full edition of this column was published on July 10.
And, as I live not too far from the self proclaimed town of “Beer City USA” (Grand Rapids, Michigan), I figured a discussion on the beer industry today and its supplychain might be appropriate. Many producers of beer do not traditionally think of themselves as true manufacturers. Disruption in the Beer Industry .
For the last couple of decades transportation management systems (TMS) have revolutionized supplychains, helping companies streamline their logistics processes, achieve greater visibility into their operations and save significant dollars on transportation. Those days are over. That’s the big win.
As a young assistant professor at Michigan State University in 1992, I was part of a group called the Global Procurement Benchmarking Initiative. This initiative benchmarked over 300 global companies, and set forth many of the principles for what we called “World Class SupplyChains”.
supplychains face seasonal risks as the hurricane season begins — and it could be a tough season. Generally, however, technology can help. These catastrophic storms can cause supplychain disruptions due to port and airport closings, flooding of major roads, communication disruptions and power outages.
One of the most successful and widely utilized in the manufacturing sector is just-in-time inventory. Although not exclusive to manufacturers, lean manufacturing — as it’s more commonly known — is designed to improve process efficiencies by minimizing waste and maximizing output, producing just enough volume to sell quickly.
SupplyChain Matters This Week in SupplyChain Tech kicks off our 2024 series with two acquisition announcements related to multiple supplychain providers. based alternative asset investment company that focuses on private equity, technology and innovation. Optilogic Acquisition of Insight Inc.
May 03, 2021— Evans Distribution Systems, a leading provider of third-party logistics and supplychain solutions, launched a new business intelligence tool: evans365. The tool provides warehouse customers a holistic view of their account activity based on real-time data. “As MELVINDALE, Mich., This is only the beginning.
Supplychain optimization consultant, author, and podcaster Marcia Williams has been working in supplychain since 2004. On episode 18 of SupplyChain Next, Marcia talks with host Richard Donaldson about what works and what doesn’t when it comes to digital transformation. ?. I use finance to show the value.
This isn’t just a hopeful vision, but the prime objective of Pfizer’s supplychain modernization. The story of the Pfizer supplychain goes beyond just moving products. Join us as we explore how cutting-edge technology and a dedication to science converge to deliver lifesaving medications around the world.
Professor Zondag is a professor from supplychain program at Western Michigan University which is ranked one of the best program in the nation. Indeed, a 2012 survey by the Aberdeen group found that reducing supplychain costs is no longer the biggest operational challenge faced by supplychain professionals.
At the next Logistics Bureau Free Executive Breakfast (which will take place in August), I’ll be discussing the alignment of supplychain and business strategy along with eight other important levers for supplychain performance improvement. A Long History of SupplyChain Strategy Misalignment.
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