article thumbnail

Megatrends Shaping Supply Chain Innovation

The Logistics & Supply Chain Management Society

Megatrends Shaping Supply Chain Innovation. And what are the key industry trends and innovations? In E2open’s Supply Chain Innovation Report 2021 , 73% of respondents claimed their supply chain is either moderately, slightly, or not at all resilient. Supply chain mapping is key to ongoing innovation.

article thumbnail

Digital Megatrends – Shaping Supply Chain Innovation

The Logistics & Supply Chain Management Society

Digital megatrends – Shaping Supply Chain Innovation. According to a McKinsey report, supply chain disruptions cost the average organisation 45 per cent of a year’s profit over a decade. Opinion Editorial by GeTS. Confronted by supply chain disruptions, companies were mired in deep uncertainty in 2021.

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 manufacturers can enable innovation on the factory floor

SYSPRO Smarter ERP

There is a common cliche that necessity is the mother of invention – and by extension, innovation. The past two and half years have certainly brought a variety of challenges and opportunities that have made innovation not just a preference, but essential for manufacturers and distributors to thrive into the future.

article thumbnail

Climate Change will Drive Manufacturing Innovation

QAD

Manufacturing isn’t exempt from this pressure. The manufacturing industry has adopted “Lean” techniques enthusiastically. Lean is about driving out waste from every aspect of manufacturing. Lean thinking helps manufacturers consume less of everything, from packaging and raw materials to energy. Everything.

article thumbnail

Top 5 Logistics Challenges and Solutions for the Manufacturing Industry

GlobalTranz

The manufacturing industry faces many challenges, such as a skilled labor shortage, supply chain instability, and inventory management issues. But with every challenge, there is an opportunity to innovate and grow. GlobalTranz works with manufacturing shippers every day to move their goods and streamline their logistics strategies.

article thumbnail

PTC and Arena Named the Outright Leader in ABI Research’s 2024 Enterprise PLM for Large Manufacturing Competitive Matrix Assessment

Arena Solutions

PTC was named the outright leading vendor in ABI Research’s 2024 Enterprise PLM for Large Manufacturing Competitive Assessment. Arena earned high scores in both assessment categories, Innovation and Implementation, ensuring PTC received the #1 vendor score and matrix placement over competitors such as Siemens, Dassault, and Propel.

article thumbnail

Tesla Achieves the Top Ranking in the ARC Industrial Digital Transformation Top 25 Special Report

Logistics Viewpoints

ARC Advisory Group, where I work, recently announced the publication of their analysis of the 25 manufacturers with the most mature digital transformations. The report identified the leaders and highlighted best practices. This is the inaugural edition of the report. D’Aquila is a director of research at ARC.