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inventory management

How Smart Manufacturers Are Navigating Interest Rate Hikes

Interest rates have increased by a historic amount within the last year. Increases of almost 5 points on such an aggressive timeline is already having a significant impact on manufacturers and distributor’s ability to fund and support their business growth.
2023-09-17T15:49:26-07:00June 8, 2023|Categories: Business & the Economy, In The News, Manufacturing|Tags: , , , |
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What’s Up in the Economy, Business, Manufacturing & Supply Chain?

It is a whirlwind and confusing. Here is a quote that sums it up perfectly: From a salesperson at a client recapping the conversations at a recent industry conference - Everyone is skeptical, but we are all seeing orders and backlog remain pretty robust.
2023-09-16T17:41:09-07:00May 17, 2023|Categories: Business & the Economy, Manufacturing, Supply Chain, Supply Chain Briefing|Tags: , , , , , |
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SIOP / S&OP: Balance Customer Orders, Inventory, & Profitability

If you want to serve your key customers successfully (with high on-time-in-full (OTIF), short lead times, and proactive service) so that you can take advantage of the opportunities coming down the pike while addressing the hard realities of the current business environment (potential recessions, high interest rates, and less access to capital), you MUST balance sales, operations and inventory.
2023-09-19T16:44:26-07:00May 1, 2023|Categories: Inventory Management, Manufacturing, Production & Inventory Management, SIOP - S&OP, SIOP Execution - S&OE, SIOP Planning & Execution, Supply Chain Planning|Tags: , , , , , , , , , , |
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Northern Lights, Husky Sleighs, & Stacking the Deck for Success

I went to Finland to see the northern lights, or the aurora borealis. Getting there is no piece of cake. We flew through London, took a 2-3 hour flight to Helsinki, Finland, and then took another flight to northern Finland (almost another 2 hours) and then drove 40 minutes to the resort (of course, north). It isn't for the faint of heart with temperatures in the negative numbers, requiring 6 or 7 layers minimum to allow you to stay outside for short bursts of time (although not very long as you'll start growing icicles), but the experience is worth it!
2023-09-17T03:51:59-07:00March 26, 2023|Categories: Business & the Economy, I've Been Thinking|Tags: , , , , , , |
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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 [...]

2023-09-16T13:06:00-07:00March 20, 2023|Categories: I've Been Thinking, Inventory Management, Manufacturing, Production & Inventory Management, Supply Chain Planning|Tags: , , , , , |
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The Economy – Where are we headed & where to focus?

In the last few weeks, I've participated in three different economic events, talked with trusted advisors and seen what clients are experiencing. From banks to economists to executives, differing views emerge. But, what is the bottom line?
2023-09-17T16:06:11-07:00February 1, 2023|Categories: Business & the Economy, I've Been Thinking|Tags: , , , , , , , |
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Voice of ERP Interview

The Voice of ERP’s host Sam Gupta interviews guests who will share their stories of successes and challenges with their ERP systems. Lisa Anderson and Sam Gupta talked through several ERP stories and provided strategies for success in using ERP systems successfully.
2023-09-16T17:25:17-07:00November 22, 2022|Categories: ERP & Related Technologies, ERP & Technology, In The News, Interviews, Videos & Podcasts, Webinars|Tags: , , , , , |
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Right-size Inventory to Thrive During Inflationary & Recessionary Times

Inflation, Recession, Both? We are in unique times with inflationary pressures continuing while recessionary trends are emerging as well. In either instance, it is vital to right-size inventory. It will not change anytime soon. With interest rates rising rapidly, it will curb demand while increasing the cost of capital. [...]

2023-09-19T15:57:12-07:00October 26, 2022|Categories: Inventory Management, Manufacturing, Production & Inventory Management, Supply Chain Planning|Tags: , , , , , , , , |
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Gaining a Logistics Edge with Inventory Management

Logistics costs have been staggering. According to the 33rd Annual State of Logistics report produced by the Council of Supply Chain Management Professionals by the global consulting firm Kearney and presented by Penske Logistics, U.S. business logistics costs rose by 22.4% last year.
2023-09-18T17:46:50-07:00October 6, 2022|Categories: In The News, Inventory Management, Manufacturing, Production & Inventory Management, Supply Chain Planning|Tags: , , , , , , , |
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The Case for US Manufacturing

Made in the USA! Instead of fiddling around dipping our toes in the water, we should put a full court press on expanding manufacturing in the USA. Why? Let's just consider a few questions: Should we put our eggs in the China basket? Only if you enjoy substantial risk... [...]

2023-08-25T17:58:51-07:00August 10, 2022|Categories: I've Been Thinking, Manufacturing, Reshoring/ Nearshoring|Tags: , , , , , |
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