Remove Asia Remove Blog Remove Inventory Remove Manufacturing
article thumbnail

Managing cost, quality and traceability in fabricated metals manufacturing

SYSPRO Smarter ERP

The Asia-Pacific region has one of the largest number of fabricated metals manufacturers in the world. Many governments are also offering incentives for manufacturers to invest in energy-efficient solutions. Manufacturers are also increasing automation on the shop floor, partly due to a shortage of skilled labor.

article thumbnail

5 Key Trends in 2024 for Asian Manufacturers

SYSPRO Smarter ERP

Technology is becoming a major focus for Asian manufacturers. Many governments are incentivising companies to invest in new manufacturing technologies, and the manufacturing sector in Asia has undergone significant change in recent years. Significant trends are emerging that manufacturers should be watching.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How ERP resolves challenges faced by Industrial Machinery and Equipment manufacturers

SYSPRO Smarter ERP

The Industrial Machinery and Equipment market (IM&E) in Asia is extremely competitive and fast-paced. Companies in this market produce the machines used by other manufacturers. Because of the dynamic market they operate in, IM&E manufacturers are seeking to balance productivity and efficiency with responsiveness and agility.

article thumbnail

The drive to onshore Australian manufacturing

SYSPRO Smarter ERP

It’s no secret that manufacturing companies around the world are rethinking their supply chain strategies. Many operations turned to lean manufacturing to take any inventory out of their pipelines that could put their supply chain on the line. Australian reshoring strategies for advanced manufacturing .

article thumbnail

New Balance’s Added U.S. Manufacturing Presence

Supply Chain Matters

The Supply Chain Matters blog highlights this week’s announcement from athletic footwear designer and manufacturer New Balance of the grand opening of this company’s fifth production facility in North America. In a published Supply Chain Matters at the time , we pointed out that despite knowledge that manufacturing shoes in the U.S.

article thumbnail

Global Manufacturing Activity Levels Stabilize in February

Supply Chain Matters

Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. Morgan Manufacturing PMI® , compiled by S&P Global in association with ISM and IFPSM , halted a consecutive five-months of contraction levels to that of no-change. The S&P Global US Manufacturing PMI® had a February value of 47.3,

article thumbnail

Embracing the Supply Chain as A Complex Non-linear System

Supply Chain Shaman

No company in either the household non-durable (consumer goods) or the food manufacturing group beat their peer group on the balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) for 2013-2022. The supply chain has two important buffers–inventory and capacity. The reason?