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The 5 Benefits of Virtual Reality in Manufacturing

GlobalTranz

For manufacturers, virtual reality represents a major breakthrough in how products are created. Let’s take an in-depth look into the world of virtual reality, what’s holding it back, and why manufacturers are looking to virtual reality in manufacturing. What Are the Hindrances to Use of Virtual Reality in Manufacturing?

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31 Motivations for Reshoring Manufacturing & Updated Reshoring Stats

GlobalTranz

Many off-shore manufacturers have returned to the U.S., Those changes, along with high costs of transporting materials and finished goods to and from overseas locations, make the value of reshoring likely to become a compelling financial reality for many manufacturers. Brand risks due to quality problems are reduced.

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Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains

The Logistics & Supply Chain Management Society

In extreme cases, firms simply state that a product comes from one country when, in actual fact, it was manufactured in a country that is impacted by the higher tariff being imposed. Alternatively, you may want to relocate – totally or in part – where your product is manufactured. This practice is illegal. Free trade agreements (FTAs).

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Boeing 737 MAX Door Plug Incident- Expanding Implications

Supply Chain Matters

The Reuters report indicates that Alaska Airlines had indicated that the airline “ engaged in a candid conversation ” with Boeing CEO Dave Calhoun and the plane maker’s leadership team regarding quality improvement actions. Inside Boeing’s Manufacturing Mess ( Paid subscription ), was far reaching in the implications of the latest incident.

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How Cloud-Connected CAD and PLM Drive Collaborative and Streamlined Product Development

Arena Solutions

Some include: Lack of understanding of the end-user goals and challenges Inability to mitigate risks or unforeseen disruptions Poor product quality or design Lack of product differentiation To illustrate, the Segway Electric Scooter’s introduction was met with a fast demise in 2001 due to its inability to solve consumers’ real-world problems 1.

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Seven Mistakes You Wish Your CFO Had Not Made You Make

Supply Chain Shaman

Today, only 4% of companies are the first to buy new technology—a 40% decline from post Y2K in 2001. Manufacturing equipment lead times were 19 months. Instead, most companies manage based on functional metrics—lowest manufacturing, procurement, or transportation costs. Less Collaborative. A Zealous Focus on Cost. The reason?

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Seven Mistakes You Wish Your CFO Had Not Made You Make

Supply Chain Shaman

Today, only 4% of companies are the first to buy new technology—a 40% decline from post Y2K in 2001. Manufacturing equipment lead times were 19 months. Instead, most companies manage based on functional metrics—lowest manufacturing, procurement, or transportation costs. Less Collaborative. A Zealous Focus on Cost. The reason?