Known for their organic and kosher whiskey, gin, specialty spirits, and for being Chicago’s first distillery since prohibition era, KOVAL Distillery is one of many manufacturers who shifted operations to do their part in battling the current health crisis. Prior to COVID-19, federal laws prohibited distilleries like KOVAL from producing alcohol not meant for consumption. Given the dire situation today, the Tax and Trade Bureau (TTB) temporarily lifted those regulations to allow companies to start producing hand sanitizer.
Like most manufacturers across the country, Illinois manufacturers are answering the call of duty to help front-line COVID-19 warriors. Many are doing this by either pivoting their operations to produce critical supplies, increasing existing production, or finding other creative ways to contribute to the health and safety of our communities and environment.
Part 4 of "The New Supply Chain" blog series by Mike Loquercio, Manufacturing and Supply Chain Management Expert.
I think we should all take a moment and recognize the extraordinary efforts by everyone involved in healthcare, police and fire departments, emergency responders, research scientists, lab workers, social workers, ANYONE helping feed and shelter the homeless and the entire list of essential employees making a difference.
We are still seeing shortages of PPE and medical equipment, food crops and products with expiring shelf life, stores with empty shelves, and other parts of the supply chain working to make it day to day.
Part 2 of "The New Supply Chain" blog series by Mike Loquercio, Manufacturing and Supply Chain Management Expert.
The first reaction to a severe supply chain disruption is “organized chaos” and then you attempt to rebalance and update all your purchasing, replenishment, planning, distribution, and warehouse parameters.
IMEC and our partners are ready to serve you! The experts at IMEC have packaged the tools and resources you will need to survive current disruptions, while strengthening your business continuity plan:
Part 1 of "The New Supply Chain" blog series Mike Loquercio, Manufacturing and Supply Chain Management Expert
For those of us in the supply chain field, we may or may not have sophisticated systems that provide big data relative to sales, markets, items, transit times, on-time delivery, shipped in full, and all the other metrics that help assess the health of the supply chain.
Depending upon your products, customers, and your manufacturing footprint, the most recent crisis may have taxed your supply chain to its limits or maybe you have a business continuity plan (BCP) that encompasses all the challenges.
Manufacturing matchmaking has been on the forefront of the Illinois Manufacturing Excellence Center’s event calendar continuing now into its second year. IMEC has been reaching out to a diverse group of partners throughout the state in an effort for manufacturing representatives to meet with potential new customers and suppliers. IMEC is positioned to help manufacturers increase sales opportunities and gain a footing in regional and global supply chains.
The matchmaking and networking events have a structured opportunity to network with potential customers and suppliers by sharing information, samples and more; similar to “speed-dating” but for suppliers and end users.
In January 2013, Walmart announced a ten-year plan to spend an additional $250 billion on U.S. made products. A key upcoming event for this initiative is the 2014 U.S. Manufacturing Summit, to be held August 14-15 in Denver, Colorado. The Summit addresses the challenges that some suppliers have identified in finding key domestic "value chain providers" – those that make and sell materials, components, technologies, or services to manufacturing possible – for their products.
According to the American Farm Bureau Federation’s 28th annual survey, the average cost of a classic Thanksgiving Day dinner for 10 people declined $0.44 from 2012. Now, there just has to be effectiveness and efficiency in those supply chains for that to occur. As you're enjoying the upcoming holiday celebrations, bite into your pumpkin pie and festive jellies and contemplate these questions posed by our MEP supply chain expert, Terry Weiner.
When was the last time you really looked at how effectively your supply chain is performing? I mean, really looked into all of the aspects of cost, performance, quality, and value.
Is the supply chain performing to the specifications of your Supply Chain Strategy?
Do you even have a Supply Chain Strategy, and if so, is it in alignment with your corporate strategy?
Are your suppliers aware of the supply chain strategy and do they know what their part is in helping to achieve it?