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.

How to Improve Manufacturing Floor Data Collection

Cerasis

To log, track and trace everything’, your vision of a better manufacturing floor. Here’s how you can improve manufacturing floor data collection, long-term. A key component of any manufacturing process is data collection. Improving Manufacturing Floor Data Collection.

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[INFOGRAPHIC] Public Perception of & A Brief Timeline of Moments from the American Manufacturing Industry

Cerasis

At Cerasis, our customers are manufacturers from the American Manufacturing Industry. In today's post, we feature an amazing infographic below from a joint report by Deloitte Manufacturing and the Manufacturing Institute. 1850: American System of Manufacturing.

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.

Doing Business in Brazil

QAD

Manufacturing in Brazil. After the intense investment in infrastructure to support the 2014 World Cup and 2016 Olympics, along with the recent “Brasil Major” initiative, Brazil is an emerging powerhouse rich in natural resources and with a strong focus on manufacturing and the supply chain.

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?

Tackling Item Complexity

Supply Chain Shaman

The process helped World Kitchen manage inventories through bankruptcy filing in 2002. World Kitchen’s supply chain– with significant manufacturing and distribution operations throughout North America and Asia– was complex. Personalization. Market microsegmentation.

E2open Demand Sensing Application

E2open

E2open’s Demand Sensing application is a next-generation forecasting technology invented by E2open in 2002, it analyzes current demand signals such as orders, shipments and retailer data like point-of-sale, to predict the most likely amount of future demand for every item, at every location, every day. E2open Demand Sensing is proven to reduce forecast error by 30-40% and is trusted by some of the world’s largest manufacturers.

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. Within a decade, the number of FDA warning letters sent to medical device manufacturers has increased threefold, from 61 letters in 2002 to 181 in 2012 (EC A 2012).

Takeaways from Descartes Evolution 2019

Talking Logistics

Virtually all of those startups disappeared by 2002 — they either burned through all of their investment money or were acquired by bigger fish. Wes Burt, Production Control-SCM-Assistant Manager at Toyota Manufacturing Canada, also gave an informative case study presentation.

Building the Network of Networks. Call for Action. Want to Help?

Supply Chain Shaman

Data sits–examples include images, map and location data, sentiment, telematics, warranty, and weather– on the doorstep of manufacturing companies and retailers. Computing memory was a barrier in 2002. In the 1980s, commercial internet providers evolved.

Building the Network of Networks. Call for Action. Want to Help?

Supply Chain Insights

Data sits–examples include images, map and location data, sentiment, telematics, warranty, and weather– on the doorsteps of manufacturing companies and retailers. Computing memory was a barrier in 2002. In the 1980s commercial internet providers evolved.

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IT gap in logistics

Supply Chain Movement

In 2002, only 27 percent of shippers (clients who outsource their logistics activities) were satisfied with their logistics suppliers’ IT expertise, even though IT was an essential element of 89 percent of those logistics activities.

The End of a Fairy Tale

Supply Chain Shaman

To minimize costs, supply chain teams of manufacturing leaders have designed the value network to absorb this volatility. The tendency is to build a supply chain for the lowest manufacturing cost-per-case which they believe is the lowest ROA.

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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7 Supply Chain Cost Saving Ideas from SpaceX

Supply Chain Opz

During the period of slow economic growth, many manufacturers have to deal with the cost pressure. Theoretical Background No matter how complex your business environment is, there will always be the way to reduce the manufacturing costs.

VTech: A Story of a Supply Chain Leader

Supply Chain Shaman

Initially, this led to operating losses and write-offs and was turned around in 2002. Today the Company’s core businesses are cordless phones, contract manufacturing services and children learning products. The North American operation is the top manufacturer in the US cordless market.

Steel Tariff Proposition: Will It Work?

Elementum

Ideally, implementing the tariff would result in the accomplishment of three main objectives: bolstering the economy via an influx of funding into local production, lowering the price of steel by avoiding fines imposed by foreign manufacturers, and moving jobs “back” to the U.S.

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.

Seven Misconceptions on Managing Inventory in a Market-Driven World

Supply Chain Shaman

” I have been studying the evolution of inventory technologies as an industry analyst since 2002. When it comes to the management of inventory in value chains, frustration abounds.

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

Supply Chain Shaman

Founded in 2002 under the name of Agilisys, Infor rebranded in 2004. There is seldom one technology used within a manufacturing company to connect B2b value networks.) As an analyst, when technology providers acquire and divest companies, I get invited to pre-announcement conferences.

Throwback Thursday

Supply Chain Shaman

The operating margin for the medical device industry is 4X that of the automotive manufacturer and 2x the margin of the hospital. I dusted off a 2002 presentation from P&G to share with the audience.

Three Reasons Why SAP Supply Chain Planning Is a Risk to Your Business

Supply Chain Shaman

High-tech manufacturers in the Silicon Valley of the United States are some of the best at supply chain planning. I also believe that SAP is one of the best, if not the best, ERP system for most process manufacturers.

Looking at the sustainable supply chains behind some classic Valentine’s Day favorites

Kinaxis

Although not a manufacturer or procurer of fresh cut flowers, Green America has a mission when it comes to the planet: “harness economic power — the strength of consumers, investors, businesses, and the marketplace — to create a socially just and environmentally sustainable society.”

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.

Three Reasons Why SAP Supply Chain Planning Is a Risk to Your Business

Supply Chain Shaman

High-tech manufacturers in the Silicon Valley of the United States are some of the best at supply chain planning. I also believe that SAP is one of the best, if not the best, ERP system for most process manufacturers.

USDA Announced Release of BioBased Economy Study Completed by NC State and Duke University

Supply Chain View from the Field

The Secretary also announced changes to include new forest products in the BioPreferred program, along with proposed changes to the former Biorefinery Assistance Program to assist in the development of cutting-edge technologies for advanced biofuels, renewable chemicals, and biobased product manufacturing. Also, biobased product manufacturing facilities would be eligible to convert renewable chemicals and other biobased outputs of biorefineries into “end-user” products.

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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.

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

Talking Logistics

He is primarily responsible for complex supply chain implementations across Retail, Pharmaceutical and Manufacturing verticals. Adam joined Manhattan in 2002 after the acquisition of Logistics.com where he supported their SaaS Transportation solution. 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.”

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.

Introductory Guide to Spend Analysis - SupplyChainOpz

Supply Chain Opz

While a big chunk of cost lies within procurement, manufacturing and distribution activities, cost reduction from procurement function seems to deliver substantial savings quicker. In fiscal year 2002, the U.S. NAVIGATE. Basics. Case Studies. Graphics. All Posts. About. Copyright.

Are You Active in the Digital Transformation Drinking Game?

Supply Chain Shaman

3-D Printing: localization of manufacturing through the sharing of digital images using additive manufacturing. SAP APO became the market share leader for supply chain decision support in 2002. I know that the discussion within manufacturing organizations are political.

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

Elementum

Professor Yossi Sheffi was on a sabbatical in the UK in 2002, when the world was still reeling from the 9/11 attacks. Consider manufacturing companies: “It used to be—go to China for products, parts, and material.

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Is Offshoring Leading to Increased Numbers of Product Recalls?

NC State SCRC

Over the last two decades, increased competition and a globalized economy has led firms to deploy outsourced manufacturing and captive offshore policies across multiple industries. The increase in the number of product recalls in recent years has been attributed to higher levels of outsourcing and captive offshoring of manufacturing and distribution. One fact remains certain; the trend of outsourcing and offshoring manufacturing is not likely to abate anytime soon.

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.