Remove 2019 Remove 2030 Remove Lean Remove Manufacturing Procurement
article thumbnail

Unpacking Supply Chain Traceability: A Comprehensive Guide

RFgen

Raw Material Tracking Traceability from the raw materials stage through the consumer tracking stage enables lean manufacturing and gains in productivity. This involves collecting data on the source of each material, including the country of origin, the supplier, and the conditions under which it was produced.

article thumbnail

How Southeast Asian manufacturers can use ERP to realign the supply chain

SYSPRO Smarter ERP

For decades, ASEAN manufacturing, once seen as a global phenomenon, had been overshadowed by the meteoric rise of Chinese factories. In 2019, China accounted for 28.7 percent of global manufacturing output and was regarded as the world’s manufacturing superpower. Building manufacturing opportunities from the ground up.

article thumbnail

Will the Circular Economy Ever Go Mainstream?

Enterra Insights

Former McKinsey analyst Markus Zils adds, “The circular economy aims to eradicate waste — not just from manufacturing processes, as lean management aspires to do, but systematically, throughout the life cycles and uses of products and their components. Procurement. ” Supply Chain Elements of a Circular Economy. Production.