How to Evaluate Strategies for Effective Supply Chain Solutions
Supply chain solutions management is the process of planning, organizing, and controlling the resources required to move goods and services from suppliers to customers. It is essential for any business to work toward serving customers successfully through implementing strategies for effective supply chain solutions. Demand for labor and component parts impact Nortech’s customers and therefore […]
Optimize Your Supply Chain Fulfillment Plan: A Guide
Managing inventory and optimizing supply fulfillment can take a lot of planning and effort. Effective demand planning is a cornerstone of successful manufacturing operations. A well-established fulfillment plan ensures a company produces the right quantity of products, at the right time, while minimizing excess inventory and costs. Strategic demand planning takes this concept a step […]
Designing for Sustainability in Manufacturing
The need for sustainable practices in every aspect of our lives has become increasingly apparent. One crucial area where sustainability can make a significant impact is manufacturing. We believe Nortech has an ethical imperative to address this opportunity by leading the way with innovation and action. We envision limitless possibility as we transform for a […]
How Lean Manufacturing Has Changed in 2023
Customizable Supply Chain Based on Customer Needs First developed by Toyota, the practice of lean manufacturing became very popular in the 1990s and early 2000s as manufacturers around the world adopted the practice. Some benefits of lean manufacturing included reduced lead times, reduced operating costs, and improved product quality. In our current economy the lean […]
Supply Chain and Fulfillment Solutions
In this video featuring John Lindeen, Sr. Vice President of Global Operations, he shares expert insights on some of the systemic issues companies are facing as they manage supply chain challenges in an efficient and forward-thinking way. John emphasizes the importance of selecting manufacturing partners who align strategically at the management and executive levels. With […]
A Guide to Strategic Supplier Management in New Product Development
Developing a new product is a complex and dynamic process that requires the collaboration of multiple stakeholders, including engineers, designers, suppliers, and regulatory bodies. One key to successful new product development is managing suppliers effectively, ensuring they meet the required quality standards, cost targets, and delivery schedules. This guide will outline five phases of new […]
How Does Flawed Demand Forecasting Lead to Supply Chain Volatility?
If you’re struggling with supply chain volatility, here are three critical questions to consider: Could volatility in your supply chain be traced to a flawed demand forecasting model? To what extent does stocking level accuracy impact your inventory costs? How does your on-time delivery rate impact monthly revenue recognition? Companies who partner with a contract […]
Are Supply Chain Demand Forecast Fluctuations Creating Havoc with Your Scheduled Deliveries?
Questions to Consider: If you’re struggling with unpredictable delivery schedules, here are three critical questions to consider: Are outdated just-in-time and just-in-case practices creating havoc for your on-time deliveries? What are the hidden costs as a result of supply chain demand forecast fluctuations? Is your MRP system up-to-date with suppliers’ shifting lead times? Our client, […]
Benefits of a Design for Supply Chain Methodology
If you have been involved in manufacturing anything in recent history, you have been there – you have customer orders waiting, your lines are down, and you are just learning now that your components won’t be available for weeks, or even months, because of supply chain issues. That low-cost custom part could now hold up […]
