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Inventory Planning/Optimization: Page 15

Boohoo Cuts Ties with U.K. Supplier After Claims of Overtime Work

The move came out January 26 after a BBC documentary entitled “Boohoo’s Broken Promises” accused the fast-fashion chain of putting undue pressure on garment suppliers.

London, U.K. Photo: Bloomberg

V-LINE, Verusen Partner to Assist with Saudi Supply Chain Optimization

V-LINE said in a statement that its partnership with Verusen will help companies with industrial plants in Saudi Arabia streamline operations, reduce costs and boost efficiency.

Riyadh, Saudi Arabia. Photo: iStock.com/MOHAMED HUSSAIN YOUNIS

Ford Cutting Back F-150 Lighting Production Due to Lower EV Demand

The American car manufacturing giant said that it would be cutting back production at its Michigan Rouge Electric Vehicle Center to just one shift starting April 1, 2024.

Austin, Texas. Photo: iStock.com/RoschetzkyIstockPhoto

Experts Believe Cheap Generic Drugs Are Hurting the U.S. Supply Chain

Erin Fox, the associate chief pharmacy officer at the University of Utah, claimed that the most recent drug shortages in the U.S. are the “worst” in a decade.

Photo: iStock.com/RHJ

Inventory Optimization: How Can You Tell How Close to Optimal You Are?

Inventory optimization is a phrase much used and abused. The honest minority of supply chain professionals will admit that they don’t objectively know what "good" looks like.

Image: iStock.com/ChayTee

Five Stops on a Road Map to the ‘Perfect Order’

Companies planning longer-term fulfillment strategies for growth and resilience will need direction in reaching "order and delivery excellence," allowing them to move beyond siloed operations.

Photo: iStock.com/cagkansayin

India Scraps Plan for $602M Strategic Oil Reserve Top-Up

Instead of buying at current levels the ministry is asking state-owned Indian Strategic Petroleum Reserves Ltd. to lease out empty underground storage to refiners and global oil majors.

Photo: Dhiraj Singh/Bloomberg

Loose Parts Discovered on Boeing MAX 737 9 Jets

The bolts designed to keep the plug from moving off the spots were missing, said NTSB investigators, who are trying to determine if the equipment was ever installed.

Los Angeles, California. Photo: iStock.com/Boarding1Now

Biden Administration Pledges $162M to Expand Domestic Chip Factories

$90 million will be used to improve a plant in Colorado Springs, Colorado, while the other $72 million will go towards expanding a factory located in Gresham, Oregon.

Photo: iStock / William_Potter

Russian LNG Producer Begins Arctic Operations Despite U.S. Sanctions

The first shipments from the LNG project will be delivered during the first quarter of 2024, said Russian Deputy Prime Minister Alexander Novak.

Photo: iStock.com/lyash01

Tesla Beats Q4 Delivery Estimates

The American car company was able to deliver a record number of vehicles during Q4, helping the organization hit its 2023 target of 1.8 million automobiles.

Frankfurt, Germany. January 2022. Photo: iStock / Anski

Nickel Is 2023’s Biggest Metals Loser, Copper Manages Small Gain

The metal used in stainless steel and electric vehicle batteries posted an annual drop of 45% on the London Metal Exchange, the biggest decline since 2008.

Sorowako, Indonesia. Photo: Bloomberg

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