Two Million Vacant Manufacturing Jobs by 2025…How Can We Tackle the Skills Gap?

Cerasis

Approximately 60 percent of today's unfilled manufacturing jobs are due to a shortage of applicants with sufficient proficiency in science, technology, engineering, and math ( STEM ) skills. This estimate is according to responses provided by 83 percent of the manufacturing executives who participated in a survey conducted as part of an industry study by the Manufacturing Institute and Deloitte Consulting LLP. capacity to keep pace with needs of manufacturing.

IT gap in logistics

Supply Chain Movement

Are logistics service providers really moving with the times when it comes to IT? From talking to supply chain directors of multinationals, I know that they have implemented IT applications that check whether their logistics service providers invoice them correctly.

Podcast: Dave Anderson on the Evolution and Future of Logistics

Requis

On the third episode of Supply Chain Next we speak with Dave Anderson, someone we have no trouble describing as a logistics visionary. Throughout his career, Dave has been on the leading edge of logistics and supply chain forecasting and strategy. Logistics

This Week in Logistics News (June 23-27, 2014)

Talking Logistics

The last shutdown occurred in the fall of 2002, as retailers were preparing for the Christmas holiday period. According to a study conducted by the National Association of Manufacturers (NAM) and the National Retail Federation (NRF), a 10-day stoppage would reduce GDP $2.1

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Nearshoring & Reshoring Will Continue to Increase Thanks to these Main Benefits

Cerasis

Offshoring is basically when a company moves manufacturing to a foreign country in an attempt to save money. For a time, this model of manufacturing seemed to be the paragon of effective business. Why Are Manufacturers Focusing on Reshoring and Nearshoring?

What is the Trade Promotion Authority (TPA) & How Could It & the Trans-Pacific Partnership Impact Manufacturing?

Cerasis

As a business owner, you have heard of the impact of reshoring on the US economy and the steadily growing number of jobs in manufacturing. However, the number of manufacturing jobs will never reach the same highs it had in the past. To prepare for the unexpected, unforeseen perils of the future, you need to know what the TPA is and how it will affect the economy and the manufacturing industry. The TPA began with the Trade Act of 1974, and it was expanded once more in 2002.

Study Shows Two-Thirds of Companies Yet to Execute Digital Transformation in Supply Chain Planning

ToolsGroup

A North American-based survey of nearly 200 supply chain professionals from top CPG, distribution/wholesale, food and beverage, manufacturing, and retail companies found that 58% of respondents are still in the exploring or evaluating phases of digital transformation. PRESS RELEASE.

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What does increasing regulatory oversight mean for the pharma supply chain?

The Network Effect

Due to more complex supply chains, policy makers worldwide are enforcing stricter regulations for manufacturing and logistics. The number of FDA inspections of drug and biologics manufacturers has also grown.

Takeaways from Descartes Evolution 2019

Talking Logistics

I got started just as the dotcom craze was taking off, with new logistics startups coming to market every day (all of them announcing they were “The world’s leading provider of X” even though they were just a few months old).

Still Think Dangerous Goods is Just Paperwork and Labels?

Talking Logistics

The prosecution was brought by [the UK’s Civil Aviation Authority] under the air navigation (dangerous goods) regulations 2002. The biggest reason why the GTM software market isn’t larger today is that many manufacturers and retailers still view global trade management as just paperwork.

Supply Chain Redesign: A Conversation with Lennox International’s Keith Nash

Talking Logistics

Last month on Talking Logistics , Adrian Gonzalez, Keith Nash (VP Supply Chain Logistics at Lennox International ) and I discussed “Lennox International’s Complete Supply Chain Redesign.” With Manhattan as our core logistics solution provider for TMS, WM, Labor and Slotting, we’ve been able to transform our supply chain despite the complexity of redesign project. Keith : We’re starting to develop detailed logistics cost-to-serve information to the customer level.

Vendor Managed Inventory? Think twice and consider the risks!

Supply Chain View from the Field

In the pursuit of finding a way to off-load inventory (read “working capital”) from their books, many large manufacturers are moving towards so called “Vendor Managed Inventory” systems. The logic couldn’t be easier to follow: ”why not have our suppliers own the inventory up to the point of use? A VMI decision was explored within a large manufacturing approximately 6 – 8 years ago, during a period of significant growth.

50 warehouse automation stats you should know

6 River Systems

Among distribution centers with three or more buildings, 28% had six or more buildings in 2016, 22% had six or more buildings in 2017, and 27% had six or more buildings in 2018, according to Logistics Management. Average warehouse capacity utilization among manufacturers is about 68%.

5 Tactics for Transforming Your Supply Chain into a Lean, Mean, Green Machine

AFFLINK

Supply chain management traditionally focuses on coordinating the flow of goods and services from suppliers to manufacturers, to wholesalers to retailers, and retailers to consumers.

Seasoned Leadership in Action™! An Interview with Michael Massetti, VP at Gartner!

Supply Chain Game Changer

The biggest career transformation for me was after leaving Dell when I joined Lucent in 2002 and entered supply chain in technology sourcing. In reality, a few abrupt moves and getting laid off in 2001 by Dell drove a sharp left-hand turn in my career in 2002 that evolved to where I am today.

Professor Yossi Sheffi on Resilience, Visibility, and Biggest Risks this Holiday Season

Elementum

Dr. Yossi Sheffi is a professor at the Massachusetts Institute of Technology , where he serves as Director of the MIT Center for Transportation & Logistics (MIT CTL). Professor Yossi Sheffi was on a sabbatical in the UK in 2002, when the world was still reeling from the 9/11 attacks.

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Seeing Beyond the Firewall

Supply Chain Shaman

The majority of manufacturing and retail companies want better performing supply chains. In the building of global supply chains, in the last decade, across value networks, outsourcing to third-party logistics, and contract manufacturing accelerated.

Is Warehouse Robotics at the Inflection Point?

Locus Robotics

These changes, of course, can profoundly affect entire industries such as logistics. The SIP for robotics in logistics is now. As detailed in the chart, distribution center wages for warehouse workers were basically flat from 2002 through 2013 before starting to see a rapid increase.

Amazon buys army of robots

Supply Chain Network

From CNN: “Amazon is buying Kiva Systems, a manufacturer of bright orange robots that scuttle around warehouses filling orders, for $775 million. Kiva, which was founded in 2002, makes robots that scoot around warehouse floors and pick up items from shelves to help fulfill customer orders. Emerging Trends Information Technology Materials Handling & Distribution New Ideas News & Info Third Party Logistics

How Supply Chain Strategy Misalignment is Killing Kmart USA

Logistics Bureau

At the next Logistics Bureau Free Executive Breakfast (which will take place in August), I’ll be discussing the alignment of supply chain and business strategy along with eight other important levers for supply chain performance improvement.