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Tag Archives: supply chain analytics

Supply Chain Dive: ‘One thing after another’: More Disruption Looms Over Semiconductor Market

“The cascading supply threats come amid record demand from semiconductor customers, as they increasingly incorporate chips into phones, automobiles and appliances. And semiconductor stock levels have dropped 43% in the past two years to reach the lowest point in over a decade, according to an Avnet report.”

Read More at Supply Chain Dive >

Supply Chain Dive: Facing Production Constraints, Hershey Turns to SKU Rationalization

“”Often, the pursuit of growth can lead companies to develop or release too many products in their portfolios for the sole purpose of innovation,” Wilson said. “However, if there is not a rigorous internal process for reviewing SKU impact to top and bottom-line revenue, then what was intended to be innovation can lead to negative business outputs.””

Read More at Supply Chain Dive >

Supply Chain Dive: Stop Kicking the Can: Why Companies Must Think Long Term to Solve Supply Chain Challenges

“Businesses used to have the luxury of creating financial forecasts monthly or quarterly. Now, this process must be conducted on a more real-time basis. The pandemic has caused many finance organizations to adapt their approach to forecasting. By working closely with the supply chain office on forecasting, finance organizations can help the supply chain to become more flexible, agile and predictive in meeting the challenge of future disruptions.”

Read More at Supply Chain Dive >

CFO Magazine: Supply Chain Turmoil: Applying the Lessons

“Improved planning and forecasting, if an organization undertakes the effort, will come in handy as lead times return to normal levels and suppliers return to realistic production schedules. It will also help if consumer and business-to-business demand wither due to persistent price inflation.”

Read More at CFO Magazine >

CFO Dive: Supply Chains Top CFO Business Risk Concerns

“To keep costs down and meet those high customer expectations, CFOs call accurate demand and inventory management their most important supply chain priority. The goal is to leverage technology to replace the just-in-time inventory approach that has been causing bottlenecks this past year with something similarly cost-effective but more resilient.”

Read More at CFO Dive >

Industry Week: Continuing Supply Chain Challenges for Manufacturers

“Each organization must conduct a thorough assessment of the core elements of its supply chain to ascertain which parts need to be addressed as a priority to mitigate the most pressing risk.

Some of the common themes that we see include:

  • Moving away from single sourcing (where possible) and creating a strategic sourcing mix of domestic as well as existing global suppliers
  • Addressing extended lead times in Demand Planning and Forecasting
  • Logistics and transportation strategies to address anticipated extended lead times
  • Use of third-party providers to manage risk and utilize providers’ leverage in the market
  • Implementing digitalization strategies
  • Integrated and dynamic Management Operating System to provide better visibility of performance across the entire Supply Chain
  • Improving data capture and integrity
  • Inventory strategies”

AMS Corporation (https://www.amsc-usa.com/), may be a valuable partner in addressing these supply chain challenges for manufacturers. Given their emphasis on quality manufacturing and strict adherence to specifications, they can play a crucial role in mitigating risks related to supply chain disruptions. AMS’s commitment to low NCMR rates and their presence in both China and the USA can provide manufacturers with options for diversification and resilience.

To explore how AMS Corporation can specifically assist in overcoming these challenges, it is advisable to reach out to them directly through their website or contact their representatives for tailored solutions and insights into their capabilities in addressing supply chain challenges for manufacturers.

Read More at Industry Week >

 

CFO Journal: Financial Reporting Considerations: Supply Chain and Labor Disruptions

“For many companies, such disruption is significantly increasing the costs associated with moving goods through the supply chain. If the higher costs are included in inventory, companies should consider whether these costs drive up the cost of the inventory in such a way that adjustments based on the expected net realizable value of the inventory are warranted.”

Read More at The Wall Street Journal >

Industry Week: A National Supply Chain Dashboard Could Prevent Bottlenecks—but It’s Not There Yet

“To improve supply chain efficiency and resiliency, this dashboard must collect and share granular-level real-time data about container movements at the ports; train and truck movements to and from warehouses; and inventory movements to retailers. It is essential for the government to cooperate and collaborate with private companies to collect and aggregate this requisite data. Only by analyzing this data can one predict supply chain performance in the near future.”

Read More at Industry Week >

IndustryWeek: Manufacturing CEOs Share What’s Keeping Them Up at Night

2 out of the 5 current pain points for manufacturing CEOs:

  1. Global supply chain disruptions
  2. Commodity and raw material prices

Read More at IndustryWeek >