article thumbnail

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. Engineering isn’t disconnected from manufacturing.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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. I worked with the organization for a year and scheduled a meeting with Lucas to explain that his policies were the primary issue. Manufacturing equipment lead times were 19 months. Less Collaborative. His response? “Huh?

article thumbnail

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. I worked with the organization for a year and scheduled a meeting with Lucas to explain that his policies were the primary issue. Manufacturing equipment lead times were 19 months. Less Collaborative. His response?

article thumbnail

Boeing 737 MAX Door Plug Incident- Expanding Implications

Supply Chain Matters

Inside Boeing’s Manufacturing Mess ( Paid subscription ), was far reaching in the implications of the latest incident. The Journal report makes reference to a white paper published in 2001 penned by a then Boeing aerospace engineer. These costs do not vanish merely because the work itself is out-of-sight. ”

Alaska 52
article thumbnail

Technology Support in Integrated Business Planning: Automation, Augmentation and Human Centricity

Supply Chain Trend

Decisions from an IBP meeting need to be made in the light of the company’s vision and strategy. A problem arises in IBP meetings when participants are distracted by very near-term planning issues, leaving insufficient time for longer term discussion and decisions. Automation versus Augmentation. Bureau of Labor Statistics.

article thumbnail

The ROI Challenge for Supply Chain Projects: Lessons from The Trenches by an Aging Jedi Knight

Arkieva

The director of Supply Chain (or inventory, manufacturing, analytics, customer order fulfillment, etc.) Two of my favorites are Kroeger (2014) and John Milne’s IBM application for central planning (2001). Journal editors, such as Prof. John Milne, have a proven track record in successful applied modeling.