inventory levels Archives

Managing Inventory and Cost to Navigate Economic Turbulence
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Managing Inventory and Cost to Navigate Economic Turbulence

In The News, Inventory Management & Control, Manufacturing, Media, Production & Inventory Management, Supply Chain (End-to-End)

Managing Inventory and Cost to Navigate Economic Turbulence

The world faces economic headwinds. According to the Economist, Europe’s economy only grew at 4% this decade as compared with 8% of the United States and is struggling with a triple shock of the energy crisis, surging Chinese imports, and the threat of tariffs from the United States.

admin2024-07-06T18:50:25-07:00July 2, 2024|Categories: In The News, Inventory Management & Control, Manufacturing, Media, Production & Inventory Management, Supply Chain (End-to-End)|Tags: cash flow, ERP, inventory, inventory levels, inventory management, S&OP, SIOP, strategies to fight inflation|

Panama Canal Drought Accelerating Supply Chain Optimization
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Panama Canal Drought Accelerating Supply Chain Optimization

Global Trade, Geopolitics, & Import/ Export, Supply Chain (End-to-End), Supply Chain Briefing, Supply Chain Optimization & Collaboration, Supply Chain Trade & Logistics

Panama Canal Drought Accelerating Supply Chain Optimization

The Panama Canal has a 40% market share for containers moving goods from Northeast Asia to the U.S. East Coast, and drought conditions are creating a new round of supply chain disruptions. There have been between 130 - 160 ships waiting, leading to supply chain delays.

admin2024-03-29T23:35:54-07:00August 28, 2023|Categories: Global Trade, Geopolitics, & Import/ Export, Supply Chain (End-to-End), Supply Chain Briefing, Supply Chain Optimization & Collaboration, Supply Chain Trade & Logistics|Tags: backup sources of supply, inventory levels, logistics, nearshoring, Panama Canal, reshoring, supply chain assessment, supply chain chokepoints, supply chain disruptions, supply chain optimization, supply chain risk|

Leap Forward and Leverage ERP & Supply Chain Technologies
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Leap Forward and Leverage ERP & Supply Chain Technologies

Better Use of ERP / Systems, ERP & Technology, Supply Chain Technologies

Leap Forward and Leverage ERP & Supply Chain Technologies

ERP and related technologies should only be a priority if you want to grow and succeed for decades to come. If not, it will be the same as if you said you wanted to stick with the horse and buggy instead of leaping into a Ford.

admin2024-05-29T09:46:24-07:00July 7, 2023|Categories: Better Use of ERP / Systems, ERP & Technology, Supply Chain Technologies|Tags: artificial intelligence, autonomous vehicles, better use of ERP, business intelligence, ERP, ERP assessment, inventory levels, manufacturing, predictive analytics, process improvement, robots, supply chain, technology|

Silicon Valley Bank’s Failure Kicked Off a Liquidity Crisis
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Silicon Valley Bank’s Failure Kicked Off a Liquidity Crisis

Business & the Economy, I've Been Thinking, Manufacturing, Production & Inventory Management

Silicon Valley Bank’s Failure Kicked Off a Liquidity Crisis

Silicon Valley Bank's Failure kicked off panic in the financial markets and banking system. They had too much money tied up in long term bonds paying at low interest rates, and they didn't have the liquidity to keep up with the depositors requests to take money out of the [...]

admin2024-06-02T18:44:42-07:00March 20, 2023|Categories: Business & the Economy, I've Been Thinking, Manufacturing, Production & Inventory Management|Tags: cash flow, inventory, inventory levels, inventory management, manufacturing, S&OP, SIOP, supply chain|

Inventory Management: Go Back to the Basics for Success During Today’s Volatility
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Inventory Management: Go Back to the Basics for Success During Today’s Volatility

Distribution & Warehousing, Inventory Management & Control, Manufacturing, Production & Inventory Management, Supply Chain Planning, Supply Chain Trade & Logistics

Inventory Management: Go Back to the Basics for Success During Today’s Volatility

Volatility is the New Norm If there is one thing that is certain in today's world, it is that volatility and change are the new normal. VUCA (volatility, uncertainty, complexity, ambiguity) is top of mind for every client. For example, clients ask the following questions: What will happen next? [...]

admin2023-09-19T16:19:42-07:00March 7, 2023|Categories: Distribution & Warehousing, Inventory Management & Control, Manufacturing, Production & Inventory Management, Supply Chain Planning, Supply Chain Trade & Logistics|Tags: barcoding, business consulting, cycle counting, inventory accuracy, inventory levels, JIT, process disciplines, S&OP, SIOP, VUCA|

Are You Managing Inventory or Is Inventory Managing You?
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Are You Managing Inventory or Is Inventory Managing You?

Inventory Management & Control, Manufacturing, Production & Inventory Management, Supply Chain Planning

Are You Managing Inventory or Is Inventory Managing You?

As executives continue to navigate these volatile economic conditions, the focus on inventory management increases. It is especially tough to determine what to do if you don't know if sales opportunities will dramatically increase as the competition falters and consumers drive demand or if sales will tank as recession fears increase and business optimism falters.

admin2023-08-29T11:22:14-07:00July 8, 2022|Categories: Inventory Management & Control, Manufacturing, Production & Inventory Management, Supply Chain Planning|Tags: inventory accuracy, inventory levels, inventory management, SIOP|

Forget About Reducing Inventory; Perhaps You Have the Wrong Supply Chain Strategy
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Forget About Reducing Inventory; Perhaps You Have the Wrong Supply Chain Strategy

Inventory Management & Control, Manufacturing, Production & Inventory Management, Supply Chain (End-to-End)

Forget About Reducing Inventory; Perhaps You Have the Wrong Supply Chain Strategy

Clients and colleagues have demonstrated a heightened interest in inventory reduction recently; however, they are not yet seeing the full value! Certainly, with everyone worried about a potential recession in 2020, they are starting to think about not tying as much cash up in wasted inventory but that is not the 100-pound gorilla. The real question is why we are thinking about corporate mandates and full warehouses instead of seeing the big picture that we should reevaluate our supply chain.

admin2024-06-09T17:31:44-07:00November 15, 2019|Categories: Inventory Management & Control, Manufacturing, Production & Inventory Management, Supply Chain (End-to-End)|Tags: ERP, ERP implementation, inventory, inventory levels, inventory management, operations, supply chain, supply chain strategy|

Which State Has the Most Manufacturing? The Answer Might Surprise You…
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Which State Has the Most Manufacturing? The Answer Might Surprise You…

Manufacturing, Supply Chain Briefing

Which State Has the Most Manufacturing? The Answer Might Surprise You…

Which state is #1 in terms of having the most manufacturing headquarters?

admin2024-02-16T20:13:24-08:00August 22, 2019|Categories: Manufacturing, Supply Chain Briefing|Tags: Industry Week, inventory levels, manufacturing, reshoring, supply chain resiliency|

Lisa Anderson to Share Inventory Accuracy Success Strategies at American Society of Quality
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Lisa Anderson to Share Inventory Accuracy Success Strategies at American Society of Quality

In The News, Inventory Management & Control, Manufacturing, Press Releases, Production & Inventory Management, Supply Chain (End-to-End)

Lisa Anderson to Share Inventory Accuracy Success Strategies at American Society of Quality

Lisa Anderson discusses the importance of inventory accuracy for manufacturers & distributors to optimize profit & customer satisfaction.

admin2024-06-16T18:59:03-07:00September 18, 2017|Categories: In The News, Inventory Management & Control, Manufacturing, Press Releases, Production & Inventory Management, Supply Chain (End-to-End)|Tags: inventory, inventory accuracy, inventory levels, inventory management, quality control|

Solid Inventory Practices Remain Timeless
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Solid Inventory Practices Remain Timeless

Inventory Management & Control, Manufacturing, Production & Inventory Management, Supply Chain Planning

Solid Inventory Practices Remain Timeless

Are you keeping close tabs on your inventory management practices? Improving just one aspect of your inventory can lead to improved service, margins and cash flow.

admin2024-06-15T15:27:34-07:00July 13, 2016|Categories: Inventory Management & Control, Manufacturing, Production & Inventory Management, Supply Chain Planning|Tags: inventory accuracy, inventory levels, inventory management, supply chain|