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Steel Fabrication and General Manufacturing Tips and Tricks for 2015

GlobalTranz

There’s been a lot of progress made in the steel industry in general and here are some of the tips and tricks to expect from the steel fabrication industry for 2015: Buying Equipment. Now is the Time for Manufacturing to Look at Logistics Efficiency. That’s a delta of 5% to 7%.

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Supply Chain Performance Declined In the Last Decade. The Question is Why?

Supply Chain Shaman

of revenue on information technology (IT), only six percent of manufacturers drove performance at the intersection of growth and margin. Yes, companies held more inventory (measured in days of inventory) in 2019 than at the start of the 2007 recession. Despite spending 1.1% Rise in Inventories. Less Effective at Inventory Management.

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The introduction of E-Procurement.

ModusLink Corporation

The introduction of E-Procurement: Price and availability are not the only factors to be considered in a purchasing decision, especially now that a strong supply chain has become an unmissable element for every company in today’s business climate (Namulo, 2017).

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[INFOGRAPHIC] Manufacturing Innovation Hubs Revitalize American Manufacturing

GlobalTranz

Since 2011, the federal government focused on changing this paradigm and made American manufacturing a priority. Under the guidance of the Department of Commerce/NIST , they developed an infrastructure with dedicated funding to rebuild our manufacturing sector. manufacturing.” Below is an overview of this program.

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The Industrial Internet of Things, Manufacturing, Supply Chain & Logistics: Where Are We & Where Are We Going?

GlobalTranz

However, estimated IoT spending includes the following: 2015 - $5 billion. Per Tech Target, companies are using the IoT to monitor temperature and control factors across whole warehouse networks, spanning hundreds of subsequent distribution centers and directly in-link with the final stage of delivery, transportation.

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Market Beat. Four Thumbs Down and One Thumb Up.

Supply Chain Shaman

Globally ten percent of jobs are in manufacturing, while 37% are associated with supply chain management. The discipline, first defined in 1982, includes source, make, deliver, and planning functions. ” Companies know they have a problem with adopting new technologies, but they do not have clear answers on what to do next.

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Industry 4.0: The Emergence of Cognitive Manufacturing

Enterra Insights

The BCG analysts explain, “Today, another workforce transformation is on the horizon as manufacturing experiences a fourth wave of technological advancement: the rise of new digital industrial technologies that are collectively known as Industry 4.0.” ”[2] Computers and digital manufacturing ushered in other Industry 4.0