Logistics Viewpoints

JUNE 20, 2022

To accomplish this, 10,000 supply chain associates worked with 450 global vendors who operate over 600 factories. Achieving agility with a strategy to sell goods in the same region they are produced in, “has never been more important,” Mr. Bailey exclaimed. That of course, works to VF’s advantage as well.

Supply Chain Planning Software 141

Supply Chain Planning Software Supply Chain Software Manufacturing Procurement Supply Chains 141

Logistics Bureau

MAY 30, 2022

Our three pillars (or fundamentals) of great supply chain management excellence are strategy, service, and cost. Aligning strategy, service, and financial factors in your supply chain operation is essential to support your company’s overall business strategy , mission, and objectives. The Importance of Alignment.

Inventory Reduction 117

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 117

GlobalTranz

OCTOBER 12, 2016

Science, technology, engineering and mathematics (STEM) skills should be more heavily included into the educational courses of today’s students. Specifically, more manufacturers should offer training courses focused on STEM education to workers in lower-paying, less-intense positions. Implement Sustainable Manufacturing Practices.

Manufacturing Procurement 125

Manufacturing Procurement Buyer Training Waste Reduction Cost Reduction 125

Logistics Viewpoints

FEBRUARY 28, 2022

In the course of updating our annual research on the supply chain planning market , I talked to executives across the industry. Alex Pradhan, Product Strategy Leader John Galt Solutions, told me that “all planning vendors have bold marketing around AI.” Artificial intelligence can also be used in supply and factory planning.

Supply Chain Planning Software 180

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 180

GlobalTranz

NOVEMBER 17, 2016

The most common complaint of newer companies using big data analytics capabilities tends to revolve around traditional questions of business strategy. Consider the following elements explains John Richardson of Inbound Logistics, that impact business strategy. Increasing order efficiency. Demand forecasts. The quantity of each product.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Software Procurement Solutions Supply Chain Design 115

Logistics Viewpoints

FEBRUARY 2, 2024

UPS is seeking alternative strategies for its truck brokerage business, which has seen sales plummet amid a freight recession marked by declining rates and over capacity. cities over the course of the year, bringing the total number to 110. Soft demand in Europe and the US led to an overall decline of 7.5

Cost Reduction 158

Cost Reduction Inventory Reduction Manufacturing Procurement Logistics Network Optimization Software 158

GlobalTranz

OCTOBER 20, 2016

Manufacturers Can Re-evaluate Factory Processes. . Since the skills gap reflects changes in how manufacturers operate, it represents the opportunity for manufacturers to re-evaluate their current factory processes, including a wide, diverse group of job positions, explains ThomasNet.

Buyer Training 95

Buyer Training Resource Reduction Cost Reduction Material Savings 95

Logistics Bureau

JANUARY 7, 2020

Of course, it is helpful to have some statistics on hand to validate the statement above. Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. What’s wrong with this picture?

Supply Chain Design Software 131

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 131

GlobalTranz

JANUARY 19, 2015

Reshoring may also require a significant investment in the renewal and updating of aging factories in America. In addition, it may be difficult to retrieve your molds and dies from a foreign factory that thinks it is entitled to keep them. The overall exit and the logistics process in moving a factory must be carefully managed.

Manufacturing Procurement 101

Manufacturing Procurement Purchasing Skills Buyer Training Supply Chain Planning Software 101

GlobalTranz

MARCH 12, 2015

Of course, that is a lofty goal and you may find yourself asking the question: what can I do from a more localized perspective? Why work in a dirty factory when Google is in Ann Arbor right? Taking The Apprenticeship Model and Notching it up a Few Levels: In short, Get Mutual Buy-in! Do they still have those bean bag chairs?

Manufacturing Procurement 122

Manufacturing Procurement Sourcing Strategies Expense Reduction Modeling Software 122

Logistics Viewpoints

AUGUST 22, 2023

That’s when you can course correct in any number of ways that make your business more efficient and your customers happier. And modern, API-first data strategies have vastly improved portability, ensuring data can be easily moved and shared between any cloud and any application. In other words, visibility is an enabler.

Supply Chain Planning Software 122

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 122

GlobalTranz

DECEMBER 22, 2014

We will feature over the next 7 business days each category’s top 10 most viewed posts over the course of 2014. INFOGRAPHIC: 3D Printing and the Supply Chain to Drastically Alter Manufacturing: Who would have thought that modern manufacturing could be done without a factory? What is the new-growth factory for a company?In

Blog 98

Blog Supply Chain Software Cost Reduction Material Savings 98

Logistics Business Magazine

MAY 7, 2020

The investment forms part of the company’s strategy to expand its training portfolio to facilitate with the new CACES (certificate of safe driving skills) training reforms, which came into effect on 1 st January 2020. The post Encarna Invests in Hyundai and Expands Forklift Training Courses appeared first on Logistics Business® Magazine.

Buyer Training 36

Buyer Training Training Course Eliminating Excel in Purchasing 36

SYSPRO Smarter ERP

JANUARY 19, 2022

While the short-term plans focus on safety stocks throughout the supply chain (in most cases, the priority to keep the factories fully operational remains). Align your business and supply chain strategies. In the long term, manufacturers need a robust business strategy that drives their supply chain strategy.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Supply Chains 105

Logistics Viewpoints

MARCH 21, 2021

At AGCO when there is an allocation of supply decision to be taken, there is just one person communicating with a particular supplier and telling them how the tight supply will be allocated among the AGCO factories. The model requires the right people skills, but also the right processes, technology, and strategy.

Supply Chain Planning Software 163

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 163

Kanban Logistics

AUGUST 13, 2020

By handling inbound logistics yourself, you’re allocating time, money and resources away from your primary goals of increasing factory output and driving sales. While necessary, these activities do little to improve factory output. 3PL inbound logistics services. Third-party procurement services from a 3PL can help. This took up (i.e.,

Manufacturing Procurement 98

Manufacturing Procurement Inbound 3PL Material Savings 98

GlobalTranz

JULY 14, 2015

However, over the course of several months, this slight change in pressure could cause permanent damage to the machine, or it may cause additional problems for other aspects of the manufacturing process. For example, a subtle change in hydraulic pressure may still permit the machine to operate. The supply chain will adore the IoT.

Supply Chain Software 103

Supply Chain Software Supply Chains Manufacturing Procurement Scenario Planning 103

Logistics in War

FEBRUARY 22, 2020

The risks accepted in not beginning are, of course, high and err towards a professional negligence that ultimately costs time, resources and people at the time of a future war. It’s a question that hits at the heart of strategic policy, if not national military strategy. Nonetheless, ‘how much logistics readiness is enough?’

Military 100

Military Resource Reduction Cost Reduction Expense Reduction 100

FreightWaves SONAR

JANUARY 5, 2021

Due to the previous surge of China as the world’s factory over the last two decades, much of the global carriers’ business has revolved around transporting cargo between the U.S. Carriers simply need to know where to send trucks and the proper freight rating or pricing strategies to use. Carriers have a finite amount of capacity.

Data 88

Data Price Reduction Freight Resource Reduction 88

Logistics Bureau

NOVEMBER 2, 2020

One way to tell if a CSR programme is simply a marketing strategy is to check the length of the project. Companies have to pursue profits of course, (how else will they stay in business?) One way to tell if a CSR programme is simply a marketing strategy is to check the length of the project. You get the idea.

Waste Reduction 117

Waste Reduction Resource Reduction Supply Chain Design Software Supply Chain Planning Software 117

Logistics Bureau

JANUARY 30, 2023

Indeed, there is cause for concern about Chinese factories’ ability to fulfill orders, given the massive uptick in COVID cases since the harsh policy was lifted. Other reports say that people are sickening quickly and in enormous numbers, leaving factories short-staffed at the worst possible time—Chinese New Year.

Supply Chain Planning Software 106

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 106

GlobalTranz

JANUARY 12, 2015

Starting from the early 1990s, North American and European manufacturers made a beeline to set up factories in China, India, Vietnam and other Asian and African countries where labor was dirt-cheap and the cash-strapped governments of those countries were more than welcoming. Rising costs of labor in China and other places. in 2015, 3.9%

Manufacturing Procurement 117

Manufacturing Procurement Optimal Sourcing Price Reduction Cost Reduction 117

Talking Logistics

SEPTEMBER 20, 2017

Here’s an easy way to think about the regular and potential future disruptions that could impact your ocean shipping strategy, and what you can do to prepare for what comes next. At these times of the year, you should see less risk to your standard ocean shipping strategy. Yellow: Space is getting tighter. Golden Week. Golden Week.

Scenario Planning 65

Scenario Planning Freight How To Negotiating Skills 65

Logistics in War

MAY 31, 2020

As nations closed for business, shut their factories and prevented all travel, the vulnerability of modern-day prosperity – at least from a Western perspective – was revealed. The idea of national resilience is, of course, becomes vitally important to militaries by virtue of its connection with preparedness and warfare through logistics.

Military 76

Military Sourcing Strategies Resource Reduction Logistics Network Optimization Software 76

GlobalTranz

DECEMBER 5, 2016

Of course, driverless cars are robotically controlled, and they have caused some accidents. In their place, rose giant factories. However, the first robots ever created needed some fine tuning here and there. The Roles of Manufacturing Jobs Are Changing. 20 years ago, 1.8 million people worked in U.S.

Manufacturing Procurement 104

Manufacturing Procurement Sourcing Strategies Efficiency Operations 104

GlobalTranz

JANUARY 17, 2017

Of course, reports Predictive Analytics Times , analytics also possess potential to change how companies obtain the raw materials for their products. In manufacturing, this means engineers, repair workers and factory employees will be able to use augmented reality to complete tasks faster than ever before.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

Logistics Bureau

DECEMBER 6, 2024

However, remember that products or subassemblies that never made it out of the factory may need to travel backwards one or more stages along the supply chain. A plan is necessary, possibly based on one of the following strategies. Much depends upon the nature of your supply chain operation of course.

Reverse logistics 62

Reverse logistics Cost Reduction Vendor Strategies Inventory Reduction 62

GlobalTranz

SEPTEMBER 6, 2016

CNN Money partly attributes the decline in manufacturing jobs to the rise in industrial computer systems on the factory floor. Industrial computing is paving the way for an emerging workforce across the manufacturing sector, and we are of course referring to millennials. There’s an argument that industrial computing creates jobs.

Industry 68

Industry Expense Reduction Cost Reduction Factories 68

GlobalTranz

JANUARY 4, 2016

Businesses cannot unlock the full potential of digital without reinventing their supply chain strategy. For digital technology to create significant improvement in business outcomes, businesses need to: Reinvent their supply chain strategy. Develop digital strategies that allow you to proactively evolve ahead of the competition.

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 91

Logistics Bureau

MARCH 30, 2020

The companies most likely to emerge strongly from the Coronavirus crisis are those that had diversified their operations and implemented multi-sourcing strategies. It’s widely mooted that many things in the world of business will be different after COVID-19 has run its course. 2) Diversify Your Operations.

Supply Chain Design Software 64

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 64

Supply Chain Brain

JULY 2, 2018

Employees and factory managers need to be equipped with the knowledge and skills that will ensure humane working conditions and fair wages at the point of production. “If Many factories routinely employ illegal techniques to prevent unionization, in violation of local laws. We think we’re going to do it pretty soon,” Nordström says.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 40

MTS Logistics

OCTOBER 14, 2022

Since the beginning of that reform in 1978, world trade has increased in volume greatly, and China’s strategy to be the factory of the world changed the world’s view on production. Of course, with Covid-19 restricting ports all over the world to prevent things from getting out of hand, freight rates skyrocketed.

Inventory Reduction 64

Inventory Reduction Price Reduction Cost Reduction Purchasing Skills 64

GlobalTranz

JANUARY 28, 2016

Is the factory pumping tons of lethal gases into the atmosphere? This program did not require students to obtain prerequisite course credits through other institutions, which helped further the goal of obtaining more applicants and teaching skills in-house, without requiring the use of grants or other financial funding sources.

Manufacturing Procurement 77

Manufacturing Procurement Sourcing Strategies Buyer Training Material Savings 77

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Freight bill accuracy : Whether shipping from factory to warehouse, or to the customer, this metric helps identify problems in billing operations. This may lead to any number of follow-up actions, for example: Redesigning sourcing or material strategies. Identifying the space versus utilization sweet spot is key. Outbound KPIs.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 105

GlobalTranz

MARCH 16, 2016

Preventive Maintenance in the Factory. In other cases, this application of predictive analytics in manufacturing could be used to identify equipment manufacturer defects in machines, saving the factory money and stress in the course of conducting business.

Supply Chain Software 60

Supply Chain Software Supply Chain Planning Software Cost Reduction Resource Reduction 60

GoShip Blog

MAY 25, 2021

In this guide, we will give you the tools you need to better your shipping strategy. . Parties involved in physically handling cargo include: Supplier and factories. The course of action you need to take will ultimately depend on the type of damage that affects your shipments. Local trucker or delivery. Step-by-step guide).

Freight 59

Freight Cost Reduction Document Packaging 59

Logistics Bureau

OCTOBER 10, 2022

The products are dispatched straight from the factory and typically arrive within 48 hours of raising a purchase order. Of course, some of your company’s products will inevitably sell at a slower rate than others, so slow-movers are not a problem per se —and you can always decide whether to continue selling those items or discontinue them.

Inventory Reduction 124

Inventory Reduction Inventory Optimization Modeling Optimization Software 124