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6 Manufacturing Trends You Need to Know

Arena Solutions

The global manufacturing sector has seen an upswing, a technological renaissance of sorts. Since the start of 2012, more people graduating from college and universities are entering the engineering/manufacturing fields. The manufacturing sector has been severely impacted by this trend because production jobs are highly technical.

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2024 Predictions for Industry and Global Supply Chains- Prediction One

Supply Chain Matters

However, the lessons garnered during the pandemic will likely drive inventory management toward less of a dependency on global-wide sourcing and more toward product postponement sourcing and customer fulfillment strategies. Global trade was reportedly set to contract by 5 percent in 2023 compared to 2002, amounting to upwards of $30.7

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Infor’s Acquistion of GT Nexus: If I Had a Magic Wand

Supply Chain Shaman

As an analyst, when technology providers acquire and divest companies, I get invited to pre-announcement conferences. Founded in 2002 under the name of Agilisys, Infor rebranded in 2004. In the period of 2002-present, the company acquired/aggregated many applications. The largest was the purchase of Lawson in 2011 for 2B$.

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Seeing Beyond the Firewall

Supply Chain Shaman

The majority of manufacturing and retail companies want better performing supply chains. However, visibility of channel relationships–customer orders and consumption/purchase–in the demand network, or the use and consumption of materials in the extended supplier network, is an ongoing issue. An Old Gal on a Mission.

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Latest Forecast For Global Trade Not Optimistic

Supply Chain Matters

Today, the United Nations Conference on Trade and Development (UNCTAD) issued its latest forecast update on overall global trade, and the narrative is not encouraging or optimistic. Global trade is reportedly set to contract by 5 percent in 2023 compared to 2002, amounting to upwards of $30.7 This level represents a contraction of $1.5

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Bio-based Products Future is Promising, but Hurdles Exist

Supply Chain View from the Field

As an example, Chemical Manufacturing (NAICS 325) encompasses a variety of chemical manufacturing codes including petrochemicals (3251), but none for biobased chemicals. In fact, speakers at the December 2014 BIO conference noted that the level of VC funding was at a 4-year low! There are two sides to the equation-–one is sugar.

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Seven Misconceptions on Managing Inventory in a Market-Driven World

Supply Chain Shaman

Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” ” I have been studying the evolution of inventory technologies as an industry analyst since 2002. It is unlike any other conference.