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Are industrial manufacturers seizing all the opportunities of a more digital world? A recent article suggests that, by 2018, only 30 percent of manufacturers investing in digital transformation will be able to maximize the outcome. Possibly not. The remaining 70 percent are hindered by outdated business models and technology.
Although rate volatility is expected to stabilize in 2017, organizations must do more with fewer resources to survive. From Amazon to hyper-local retailers, 2017 will be a year of intense scrutiny and pressure on logistics providers. This graph shows how quickly the surge begin and rise in 2017. Consumers have power.
Meeting these objectives, on top of addressing existing industry challenges, requires steel manufacturing companies to become more efficient and flexible in their operations—and this means optimizing their master production schedules. As your steel manufacturing operations transform, so too will the complexity of your planning needs.
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. Kinaxis Purchase of Rubikloud. The Rubikloud acquisition was a $60M cash purchase. Elemica Purchase by Eurazeo.
What makes or breaks a new technology in manufacturing? Mostly, manufacturers demand technologies that can boost their output without causing an additional strain on resources, and the final five technologies changing manufacturing in 2016 did just that. In other words, some manufacturers continue to resist the trend.
How can manufacturers manage disruption and improve productivity? By using advanced analytics for manufacturing, to understand the valuable information concealed within the data they already have! Therefore, manufacturers must continually look for new ways to improve the productivity and profitability of their operations.
This is the first post in a two part series on the “Changing Face of Manufacturing.” ” We have many manufacturing shipper customers, and we love to create content of value for them on such subjects as best practices in logistics or trends around the supply chain. Drop in the price of crude oil.
The outsourced R&D, in turn, supported outsourced manufacturing with over 50 key suppliers. Tang argues, because the current crisis is hardly unprecedented; it is based on the changes that Boeing made to its R&D and manufacturing processes during the development of the 787 Dreamliner.
Today, is day two of our annual year-end series highlighting the top blog posts in each of our 5 main categories: Manufacturing , Supply Chain , Logistics , Transportation Management , Freight. We will feature over the next 4 business days each category's most viewed posts over the course of 2017. Share This: Read More. [e-Book]
How can manufacturers manage disruption and improve productivity? By using advanced analytics for manufacturing, to understand the valuable information concealed within the data they already have! Therefore, manufacturers must continually look for new ways to improve the productivity and profitability of their operations.
The first story is about a large regional food manufacturer. An example for this client would be to use 2017 and 2018 history to forecast 2019. The second story is about a regional beverage manufacturer. In short, his vision of an end-to-end supply chain was transactional: better processing of order-to-cash and procure-to-pay.
Healthcare supply chain GPO, Intalere, deploys an end-to-end Source to Contract solution across its purchasing functions. New York, NY March 30, 2020 – Consus , a leading procurement services provider, today announced that Intalere , a healthcare supply chain GPO based in St. Learn more at www.consus-global.com/.
How often do you hear the term, “productivity in manufacturing?” Today we will talk about how supply chain mobility will aid in this pursuit, but first let's take a look at what it means to manufacturers. Each of these definitions applies to a manufacturer’s ability to produce a surplus of a product.
Manufacturers are set to invest up to $70 billion in the Industrial Internet of Things ( IIoT ) by 2020, reports John Greenough of Business Insider. Previous Applications of the Industrial Internet of Things in Manufacturing. Previous applications of the IIoT in manufacturing have led to a savings of 12 percent across the industry.
Based in Paris, L’Oréal is a global personal care manufacturing company. Note that the industry aggregate actually went backwards, as did operating margin and inventory for the period 2015-2017. The company experienced a 34% growth in global e-commerce in 2017 and is expecting the trend to continue.
At Cerasis, a core value of ours is continuous improvement for not only our company, our clients, and employees, but through our blog and content to those who are related to what we do (transportation management) in the fields of manufacturing, supply chain, logistics, distribution, and transportation. Industry 4.0: Industry 4.0:
But it’s important to remember that while customers want their purchases fast, sometimes even the next day, many care about the environmental impact of that delivery as well. It is often used and then quickly discarded, often several times, while goods move from the manufacturer to the store shelf.
ARC defines the warehouse automation market according to a number of qualifications and dimensions to deliver a well-defined measure, with numerous segmentations, allowing those that purchase the research to understand what is being measured, and to easily extrapolate the findings to support their strategic planning needs. Lee Partners.
Healthcare supply chain GPO, Intalere, deploys an end-to-end Source to Contract solution across its purchasing functions. New York, NY March 30, 2020 – Consus , a leading procurement services provider, today announced that Intalere, a healthcare supply chain GPO based in St. Learn more at www.consus-global.com/.
To gain competitive economies of scale and drive the segmented response, the back office operations–procurement, manufacturing and transportation–are automated and effective. This is the goal of the Network of Networks initiative which we are deeply vested in testing during 2017. Trying to Right a Wrong. Reflections.
The cost of poor quality is so closely related to supplier quality and compliance that manufacturers must give the proper attention and resources to the optimization of their upstream partnerships. Finished products have high ratios (average 50%) of sourced or procured product content. Supplier Quality Management.
Now, moving on to this week’s supply chain and logistics news… Amazon won a patent for an on-demand clothing manufacturing warehouse (Recode). Manhattan Associates Reports First Quarter 2017 Performance. Cyber Insurance Becomes a Must for More Manufacturers (WSJ – sub. Source: Amazon patent.
Diversified Industry Performance For the Period of 2010-2017. The orbit chart in Figure 1, shows the relative rate of improvement at the intersection of inventory turns and operating margin for the period of 2006-2017. At Rockwell this includes all processes end-to-end except for manufacturing. Meet Ernest.
Food manufacturers will find new opportunities in the alternative protein market as consumer demand surges for non-meat proteins: insect, plant and algae-based products, and ‘lab meat’ cultivated from animal cells. The demand for alternative proteins has surged in recent years, creating an opportunity for food manufacturers.
Staying on top of global Unique Device Identification (UDI) regulatory compliance can improve outcomes for both patients and medical device manufacturers The U.S. However, the GUDID is fairly established, and by now, most manufacturers are aware of submission requirements, while EUDAMED is constantly evolving.
These sources while functional are difficult to connect. Most deployments focus on functional excellence–manufacturing, transportation, customer service or procurement. There are no solutions that connect source, make and deliver in many-to-many architectures. Figure 1 is a picture from a client.
AGCO is an agricultural equipment manufacturer. When a supply chain disruption occurs, it is not uncommon for complex equipment and automotive manufacturers to have different plants in their company fight each other for the same components. The 2017 hurricane season,” Mr. Herzog said, “was a big event on our journey.
DGrade’s Simply Bottles recycling initiative which has been running in the UAE since 2017. After the event DGrade met with the Yas Marina Circuit procurement team to address a sustainable alternative for their staff uniform requirements. The recycling initiative was implemented as part of. Closing the loop with Sustainable Products.
-based carrier’s role in Mexico as nearshoring manufacturing trends drive more cross-border trade. Global supply chains are shifting, Mexico’s role in global trade is growing, and Mexican small and medium enterprises and manufacturing sectors are looking for reliable access to the U.S.
Many-to-many can also refer to many participants in a network accessing many, many sources of event data critical to supply chain operations through a public cloud network. The supply ecosystem connects over 630,000 manufacturers and suppliers. In February 2017, Koch Equity Development LLC invested $2.68 billion in Infor.
Here we examine manufacturing downtime in detail, including what it is, what causes it, and what it can cost your business. Because even small manufacturing firms with limited capital can reduce the risk of suffering unexpected outages through measures like preventive maintenance, staff training and the use of smart manufacturing software.
The utility that manages the main grid may be able to buy excess solar generation and may provide attractive power purchase options if the microgrid has a battery that can provide ancillary services, like frequency regulation, peak shaving, voltage control, power factor control, black start, or demand response. million in 2017.
Product businesses are holding more stock than ever before, creating new cash flow problems for manufacturers. James Ewing: Procurement Manager at Renewable Parts Ltd. Tim Wright: Founder of two medical equipment manufacturing companies and currently MD of Langcroft Consultancy – specialists in digital transformation.
Diversified Industry Performance For the Period of 2010-2017. The orbit chart in Figure 1, shows the relative rate of improvement at the intersection of inventory turns and operating margin for the period of 2006-2017. At Rockwell this includes all processes end-to-end except for manufacturing. Meet Ernest.
Download the all new Cerasis e-book "The Most Impactful Supply Chain & Logistics Trends in 2017" by Filling out the Form Below. Finally, we include trends you will see in manufacturing and manufacturing technology. Now, not all of these trends are moving at the pace that technology is moving.
Before the pandemic, supply chain leaders experienced relatively free trade across borders in 2017. In parallel, PE/venture capitalists purchased/consolidated network solutions, slashing R&D and delaying investment, reducing industry capabilities. Procurement was operating in isolation from supply chain. Align for Success.
The key is to make sure all the costs are transparent up front during the purchasing process. Manufacturing : manufacturers are trying to create or enhance their online presence of direct-to-consumer business. Are charges known at time of purchase? Industry Trends. Are returns free or do they charge?
The fact that most manufacturers struggled to achieve supply chain agility during COVID is not news. Molex has more than 80 manufacturing facilities around the world supported by an 18,000 strong supplier eco-system that provide raw materials, electronic components, and services. The Molex Supply Chain. Keys to Success.
HarbisonWalker International Manufactures and Distributes Refractory Products. But refractories are used in a wide variety of industries, particularly manufacturing industries with high temperature or corrosive production processes. The sourcing centers are key to just-in-time, same-day, next-day deliveries.
It’s getting harder for product manufacturers to compete successfully in today’s global economy. However, accepting the status quo is no longer feasible with the shift to remote work practices and more design and production steps being outsourced to contract manufacturers and sub-tier suppliers. The use of file-based CAD software (e.g.,
According to OECD and National Health Expenditure data, US healthcare spending per person was approx $10,224 in 2017. It is also helping to bridge the supply chain management gap that has traditionally existed between healthcare providers and other industries such as manufacturing. Share on Twitter. Share on Twitter.
Labor day also signals the end of summer, and for many supply chain leaders the beginning of 2017 strategy discussions and intense S&OP debates to finalize Q3 and Q4 planning. Before I started doing this research, I believed procurement and manufacturing were aligned. Digital manufacturing is also a disruption.
In 2017, a chicken farm affiliated with Tyson Foods discovered a flock had been contaminated. But chicken and eggs are not the only protein source that has been facing supply chain shortages. Avian flu continues to be a thorn in the side of the poultry industry. The flock consisted of about 73,500 birds, which were used for breeding.
Just this April, Credit Suisse reported that over 8,600 brick-and-mortar stores may shutter their doors in 2017. Digital channels may spell trouble for traditional retailers but it also represents evolution, giving Asian and Indian manufacturers a global reach. All the Q3 2017 logistics technology updates. Take Fidget Spinners.
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