The Future is Now: Why these 5 Advanced Manufacturing Technologies Trends will Dominate 2018

Cerasis

Over the next two years, manufacturers are set to invest more than $250 billion in the Industrial Internet of Things (IIoT), and the use of technology to improve manufacturing will only increase. It is almost impossible to define the exact amount manufacturers will invest in technologies over the coming year, but they are moving toward more sustainable, cost-effective practices. in manufacturing, supply chain, logistics, and transportation management.

Top 10 Supply Chain Innovations of 2018

Material Handling and Logistics

After a year full of more scandals, indictments, political contentiousness, workplace violence, school shootings and natural disasters, maybe it’s time we all took a collective breath and focused on some of the positives that came out of 2018. We hope you enjoy this salute to the best of 2018, and we look forward to even more innovations in 2019. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID.

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Supply Chain Predictions for 2018

Material Handling and Logistics

A look at the supply chain trends and technology that will come into play in 2018. These concerns will extend into 2018, as companies work on a regulatory standard – though nothing has emerged yet. Strong players in the market will emerge as platform providers to aggregate the IoT data and provide key insights into that data that drive better business decisions in 2018. 2018 will be about predicting the future, not just about understanding the present.

How manufacturers optimize their inventories

ToolsGroup

Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions (that's him on the left), sat down with me to discuss how manufacturers optimize their inventories. But that’s not the only shift in manufacturing. Data availability and advanced analytics are also shaping the industry by providing new insights into efficient manufacturing processes. So, the biggest piece of an implementation can be cleaning up the source data.

Blockchain in Supply Chain: 2 Ethereum-Based Projects That Demonstrate How Blockchain Can Improve Supply Chains

Cerasis

A manufacturer in China doesn’t read the specs on an order. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. What makes Ethereum different is that it actively encourages software development teams to use its open-source protocol to design tokens that run on top of the Ethereum blockchain. Supply chains are messy. Blockchain in Supply Chain Can Help. A supplier in Mexico mixes up two similar parts.

The Secret of Getting Ahead (Takeaways from Command Alkon ELEVATE 2018 Conference)

Talking Logistics

Over the past 20 years, productivity has grown at only 1% annually, only around one-third the rate of the world economy and only around one-quarter of the rate in manufacturing.”. Therefore, it’s not surprising that the question at the forefront of the most recent Leadership Roundtable meeting (held last month at the Command Alkon ELEVATE 2018 conference ) was, How do we get started? What a difference a year makes.

Top 25 Supply Chains of 2018

Material Handling and Logistics

Our look at the Top 25 (plus 4) Supply Chains of 2018 examines how the best companies in the world excel at managing their global supply chains. Also, for whatever reason, Gartner limits the scope of the Top 25 to companies in the manufacturing, retail or distribution sectors. So in 2018, McDonald’s joins Apple, Procter & Gamble and Amazon on a separate “Masters” list, as one of the “best-of-the-best.”. Source ID. Source ID. Source ID. Source ID.

Top 10 Manufacturing Trends For 2019

IQMS

Bottom Line: The top 10 manufacturing trends reflect how manufacturers are planning to achieve their goals of revenue growth, operational improvements, digital transformation, and launching new products and services in 2019. Manufacturers who excel at orchestrating analytics, Business Intelligence (BI), quality management and real-time monitoring to improve manufacturing strategies are growing 10% faster than their peers. to manufacturing value added in 2020.

A Guide to Responsible Sourcing in Automotive, Electronics

Material Handling and Logistics

One of the biggest obstacles to setting and implementing strategies for responsible sourcing is accessing reliable and current data and analysis, according to The Dragonfly Initiative CEO, Assheton Carter. The report was co-produced by The Responsible Minerals Initiative, formerly the Conflict-Free Sourcing Initiative is an initiative of the Responsible Business Alliance and is a multi-industry initiative with more than 360 member companies.

Outsourcing Sourcing! 5 Lessons from Around the Globe!

Supply Chain Game Changer

Doing business with suppliers located overseas or in another country can be an overwhelming and daunting task even for expert Sourcing professionals. He knew what his cost point had to be on the product which meant that he had to have the product manufactured overseas. But beyond that he had no idea on where to start to source his product. Large companies can afford to have Strategic Sourcing Procurement staff around the world. The post Outsourcing Sourcing!

Show Me the Money: MH&L’s 2018 Salary Survey

Material Handling and Logistics

The impact this position carries in manufacturing is undervalued and recognized.” purchasing/procurement manager with a manufacturer of building equipment with 21-25 years of experience, living in the South Atlantic region and earning $36,00. import/export manager with a chemical manufacturer with 26-30 years of experience, living in the Middle Atlantic region and earning $68,000. The survey took place in December 2017-January 2018, with 242 responses. Source ID.

Five Tips on Sourcing Products From China

EMERGE App

Google a phrase like “sourcing products from China” and you’ll instantly be faced by almost 39 million results! This underscores the importance of China being the world’s manufacturing hub in the past decade, and most likely for the next few decades. And it’s not just an immense and low-cost labour force that has given Chinese manufacturers a competitive advantage. And the place to source for most, if not all, of your products is in China.

Manufacturing 4.0 and the Factory of the Future: Part One

Elementum

Sixty-seven percent of industrial manufacturers say they have ongoing smart factory initiatives. In this two-part blog series, we’ll be exploring some of the latest technologies that could drive factories into the future — and how manufacturers can leverage them to become more efficient, and more competitive. For manufacturers, AR means planning production and assembly processes out on a virtual landscape, optimizing locations of production lines and people. In Industry 4.0,

Additive Manufacturing continues to Mature

Enterra Insights

For nearly a decade, pundits have been touting the transformative effects of additive manufacturing (aka 3D printing). ”[1] Most analysts include additive manufacturing in their list of technologies that collectively are fostering the next industrial revolution, which is often referred to as Industry 4.0. Timms correctly points out even if additive manufacturing overcomes some of its remaining challenges, it won’t ever completely replace traditional manufacturing.

Global Trends in Digital Supply Chain - 2018 Review

Abivin

The year 2018 saw the increasing use of advanced technology to give more intelligence to logistics operations. With the end of 2018 approaching, let’s look back with Abivin at some of the most prominent trends in supply chain management. Source In the year 2018, Artificial Intelligence (AI) and Advanced Analytics have evolved into the kind of “can’t do without” technology. But what happens when you can’t process a huge amount of data coming from different sources?

America’s Manufacturing Future: Hope or Hype?

Enterra Insights

In the United States, growing nationalist and protectionist sentiment rests on the hope manufacturing (and associated jobs) will return from overseas. He writes, “In building a case for an American manufacturing renaissance, economists cite increasing productivity, cheap natural gas, and rising value-added figures to show that manufacturing is in good shape and will get better. manufacturing jobs since 2010 are evidence of a big turnaround in manufacturing.

Go Boldly Together: Takeaways from Nulogy xChange 2018

Talking Logistics

From May 2016 through the end of August 2017, “17 CEOs of public Big Food manufacturers and retailers had departed, or announced their intention to,” according to an article published last September in Fortune. For Garfield, the old rules for success, based primarily on economies of scale in manufacturing and advertising, are no longer effective. Nulogy xChange 2018: Why Courage is So Important Today. Source: Nulogy.

Risk Management: Is 2018 the Year of Living Dangerously?

Enterra Insights

Globalism has been a boon to the supply chain by expanding sourcing, opening new markets, accelerating growth and highlighting opportunities to save money. If supply chain complexity, global competition, information collection challenges, climate change, natural disasters, and protectionism aren’t enough to worry about, Benjamin Roussey insists five IT security risks are going to make 2018 a nightmare for risk managers.

This Week in Logistics News (September 3-7, 2018)

Talking Logistics

This is yet another example of how retailers and manufacturers are trying to find the right balance between delivering an enhanced customer experience and finding the optimal mix of inventory, transportation, and labor costs. One of the big issues is that most fulfillment networks are still designed around shipping pallets and truckloads to stores, which is why retailers and manufacturers (at least the very large ones) are investing heavily to transform their networks.

5 Quality Metrics Predicting The Future Of Manufacturing

IQMS

Bottom Line: Manufacturers are reaching a new level of results in 2018 because they have clearer, more actionable insights based on real-time manufacturing and quality metrics than ever before. Quality Metrics Enable Customer-Driven Manufacturing Networks. The future of manufacturing is being written today across the millions of shop floors which have chosen to excel at analytics, metrics and Manufacturing Intelligence. Sources: Agus, A., & Mohd, S.

5 Ways to Make Your Manufacturing Plant More Sustainable in the Age of COVID-19

DELMIA Quintiq

This classification extends to the manufacturing facilities and personnel keeping us fed and supplied. Doing more with less is more critical in manufacturing than ever. Manufacturers of medical and cleaning supplies, as well as the specialists overseeing trucking, delivery and logistics companies, might have to make do with limited supplies and labor. They might even find themselves conscripted into manufacturing essential products under the Defense Production Act.

Manufacturing 4.0 and the Factory of the Future: Part One

Elementum

Sixty-seven percent of industrial manufacturers say they have ongoing smart factory initiatives. In this two-part blog series, we’ll be exploring some of the latest technologies that could drive factories into the future — and how manufacturers can leverage them to become more efficient, and more competitive. For manufacturers, AR means planning production and assembly processes out on a virtual landscape, optimizing locations of production lines and people. In Industry 4.0,

Real-Time Monitoring Fuels IoT Growth In Manufacturing

IQMS

72% of manufacturers say real-time monitoring is essential for streamlining and making inventory reconciliation more efficient. Manufacturers in the high-performance cohort captured in our latest survey are using real-time monitoring to aggregate metrics and gain a 360-degree view of manufacturing operations accessible from any mobile or handheld device. Source: Capgemini Internet of Things (IoT) study, Unlocking the business value of IoT in operations.

This Week in Logistics News (October 29 – November 2, 2018)

Talking Logistics

Robinson Reports 2018 Third Quarter Results. According to the press release, Deliv raised $40 million in a new round of funding from investors “including Google, Clayton Venture Partners, the venture capital arm of Enterprise Holdings, a world leading automotive manufacturer [and] existing strategic and financial Deliv investors, including UPS, General Catalyst Partners, The Macerich Company, PivotNorth Capital, RPM Ventures, and Upfront Ventures.”.

Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups. The advancements in analytics–open-source, cloud, internet-of-things (IOT), and cognitive computing–are very promising. It was not my goal; but by accident, it became my mission.

What’s shaping the steel industry today?

DELMIA Quintiq

This concept will allow farmers anywhere in the world to process and preserve their produce on site, helping to reduce food loss dramatically at source whilst generating additional revenues for farmers. ManufacturingIn recent years, the steel industry has seen creative solutions to long-standing challenges, emerging technologies, and niche market explorations – all of which are changing this traditionally conservative industry.

JAGGAER is the Only Full Suite Provider Named as a 2018 Gartner Peer Insights Customers’ Choice for Strategic Sourcing Application Suites and as a Leader in Two Gartner Magic Quadrants

Jaggaer

In a year full of recognition from industry analysts, JAGGAER was named by customers as a 2018 Gartner Peer Insights Customers’ Choice for Strategic Sourcing Application Suites. After being named a Leader by Gartner analysts in Gartner’s 2018 Magic Quadrant for Strategic Sourcing Application Suites and Gartner’s 2018 Magic Quadrant for Procure-to-Pay Suites*, JAGGAER was recognized on Gartner Peer Insights as a direct reflection of customer satisfaction.

The Ins and Outs of Manufacturing Around the Holidays

USC Consulting Group

But as buyers bolt to malls to take advantage of last-minute deals and purchase gifts online, manufacturers here and abroad are navigating a holiday rush all their own. During peak season, businesses in the manufacturing space – especially those that serve brick-and-mortar and online retailers – pour all available resources into ambitious shop-floor initiatives centered on facilitating optimal output and service delivery.

China 49

Parts Are Not Parts

Supply Chain Shaman

A slight change within a function–in sourcing or manufacturing, or along the chain–can greatly impact the outcomes of cost, customer service, or working capital. Today’s supply chain—with greater outsourcing, global manufacturing, and complex bill of materials–requires synchronization of the links. Let’s take a closer look at sourcing. When a manufacturing operation is small, MRP data is easily viewed.

Why Blockchain Within The Supply Chain Makes Perfect Sense

Cerasis

WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Multiple manufacturers, multiple relationships, multiple distribution models, multiple contracts. Tracking the lineage of a product — from parts manufacturing to lot codes and destination points along the chain — not only supports concurrent optimization, but also ensures the integrity of the product (fair labor, anti-counterfeit, and socially responsible.)

Mitigating Supply Chain Risk with Additive Manufacturing

DiManEx

In this article, I will explore how additive manufacturing (otherwise known as 3D printing) can help you mitigate supply chain risk. I will also address the risks that are inherent to additive manufacturing, and how working with a digital supply platform can help you address them. Disaster strikes and a crucial part for your manufacturing equipment is damaged. Gartner has mapped risks associated with 3D printing use as follows: Limited supply sources.

Making Better Manufacturing Decisions With the Help of Machine Learning

Oracle SCM

Manufacturing today is more complex than ever before. context, data is coming in from more and more sources. " Now when we look at the amount of data that is created in the context of Manufacturing, the Industrial Internet of Things, and Global Supply Chains, we can be sure that it is not much different. Is there a correlation between product failures in the field or customer returns & the manufacturing process used?

Delivery is the Product: Takeaways from Transplace’s Shipper Symposium 2018

Talking Logistics

Transplace TMS Screenshots (source: Transplace). Based on past history and current ownership, I expect more acquisitions from Transplace this year and beyond, not only to augment the services it provides to existing customers in Chemical, Food & Beverage, and Manufacturing, but also to expand into new vertical industries, such as Retail and Electronics, where Transplace has a smaller presence today. “Consumers are the disruptive force today, not technology.”.

Digital Transformation: An Imperative for Industrial Manufacturing in 2017

Cerasis

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. Let’s take a look at four reasons why digital transformation is an imperative in 2017 for industrial manufacturers: 1. Manufacturers need to rise to meet these new expectations – and one of the keys is through digital transformation.

The Future of Energy for Manufacturing!

Supply Chain Game Changer

Today manufacturers must continually look for waste reduction, process improvement and supply chain efficiency to meet competitive pressures and their customers’ cost reduction requirements. North American manufacturers who have followed this course have seen significant and sustainable results often with reductions of 25% which in turn helps to maintain and enhance their immediate market position. What role will energy play in the long-term strategy for manufacturers?