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Webinar: Securing the Supply Chain

MAGNET’s Business Development team, in conjunction with the Greater Akron Chamber and Canton Regional Chamber of Commerce, is hosting a webinar on Wednesday, February 23, 2022, titled Securing the Supply Chain. The hour-long webinar will begin at noon. Registration is now open.

Speaker Nathan Hutton, owner of Creidim Supply Chain Solutions, will help business leaders bridge the gap between the needs of their business with the current unprecedented shortages in labor, material and other resources necessary for successful manufacturing. Further, he will share with webinar participants how to restore an efficient supply chain and economy through understanding the fundamentals of a strong supply chain. Specifically, you will learn what actions you can take today, including:

  • Reconnecting supplier relationships; collaboration is key

  • Effectively balancing service and inventory levels

  • Establishing the rules for supplier relationships

  • Learning how relevant location is to your supply needs

    Nathan Head Shot 2022

In Hutton’s 25-years of manufacturing supply chain experience, he has generated award-winning results as a team builder, coach, collaborator, negotiator and transparent decision maker that improves his clients’ gains. His fact-based approach to consulting has generated incredible results, such as:

  • Improved OTIF performance from 74% to 97% for one company, earning it the Most Improved Supplier Award from Airbus, the group’s largest OEM customer

  • Increased purchased part availability at time of order within one company’s Distribution Center from 75% to 91%

  • Engaged interdisciplinary teams of two companies to create and deploy annual risk and op

  • portunity assessments and standard strategic sourcing processes. Ultimately, those teams improved spend-under management (supply agreements) by more than 40%, capturing more than $10M in year-over-year savings

  • Boosted inventory visibility and increase engagement for multiple North American project teams with sales and finance groups around slow moving / obsolete materials. Those projects resulted in the sale, manufacturing re-introduction or disposal of 3.5M pounds of polymer inventory

  • Created and led production planning and warehouse process improvement efforts with a Tier-1 automotive supplier, improving communication, inventory positions and OTD, winning them a Most Improved Supplier of the year award from Toyota, their largest customer

Hutton will talk all about how he generated these results at his webinar on February 23.

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