MEM
SEPTEMBER 19, 2023
Supply Chain Optimization in Automotive Manufacturing In the automotive manufacturing sector, supply chain efficiency is paramount. AI is a key player in optimizing the entire supply chain. From sourcing raw materials to delivering finished vehicles, AI-driven algorithms work tirelessly.
Fastener News Desk
FEBRUARY 5, 2024
The four manufacturing industries reporting growth in January are: Apparel, Leather & Allied Products; Textile Mills; Transportation Equipment; and Chemical Products. Forecast sales have decreased slightly in most product segments, with only limited growth related to customers’ competitive sourcing and moves to new technology.
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Fastener News Desk
OCTOBER 4, 2023
The Customers’ Inventories Index reading indicated improved supply chain efficiency, as output improved and customers’ inventories continued to decline. Its community of more than 50,000 in more than 100 countries manage about US$1 trillion in corporate and government supply chain procurement annually.
Fastener News Desk
JUNE 7, 2023
Supply chains are prepared and eager for growth, as panelists’ comments and the data support reduced lead times for their companies’ more important purchases. Labor shortages are getting better within our organization and throughout our supply chain.”
Fastener News Desk
DECEMBER 4, 2023
” [Chemical Products] “Nearly all microchip supply issues have been resolved, finally bringing an end to the three-year chip shortage. Supply chain issues continue in several areas, resulting from difficulties during the United Auto Workers (UAW) strike.” Material prices are remaining relatively flat.
Fastener News Desk
FEBRUARY 3, 2023
The Supplier Deliveries Index indicated faster deliveries, and the Inventories Index expanded at a slower rate as panelists’ companies manage the total supply chain inventory. ” [Food, Beverage & Tobacco Products] “Supply chain issues continue to plague our production schedules.
Fastener News Desk
JANUARY 8, 2023
The Supplier Deliveries Index indicated faster deliveries, and the Inventories Index expanded at a faster rate as panelists’ companies continued to effectively manage the total supply chain inventory. Managing head counts and total supply chain inventories remain primary goals as the sector closes the year.
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