One “benefit” from our worst recession in over 80 years was that commodity costs have been stable to down. It looks like that is about to change. […]
The traditional process in supply management is to forecast demand. While there have been significant advancements in the forecasting tools in today’s ERP systems, high forecast accuracy continues to be a major challenge. As a result, inventory is often “out of balance” with requirements. […]
The Southeastern Fastener Association (SEFA) held its annual meeting in Concord, NC April 9-11, 2014. One of the sessions at the meeting was a panel discussion regarding the challenges and opportunities that exist in United States Manufacturing. Representatives from different segments of the industry (domestic manufacturing, master distributor, independent representative, and distribution) provided their perspectives.