Remove 2023 Remove Guidelines Remove Manufacturing Remove Sourcing
article thumbnail

Ten Supply Chain Predictions for 2023

NC State SCRC

As we go into the first week of 2023, many are wondering what’s ahead for global commerce and supply chains. As I’ve done in prior years, I’ll make a few predictions based on what happened in 2022 – and what I think it means for 2023. Inflation is indeed going down slowly– but not as fast as the markets would like.

article thumbnail

Introducing EventWatchAI 5.0: 100M New Sources, Near Real-Time Reporting

Resilinc

Overall, EventWatch AI sent alerts for over 15,000 events – pulling data from 104 million news sources across 100 languages and countries. As risk events grow (Resilinc’s in-house analysts project close to 20,000 supply chain disruptions for 2023), companies are taking action.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Advanced Product Quality Planning – The 5 Phases of APQP

QAD

Updated: August 3, 2023 Published: April 1, 2019 Achieving Customer Satisfaction and Competitive Advantage at Lower Costs Understanding and meeting customer expectations is at the heart of Advanced Product Quality Planning (APQP) and are key requirements for any business to be successful. What is APQP?

article thumbnail

2024 Predictions for Industry and Global Supply Chains- Prediction Five

Supply Chain Matters

Prediction Background In 2023, we included a prediction indicating that manufacturers and retailers would not be able to effectively address multi-tiered data visibility without serious tackling of overall data rationalization and common data standards. In this posting, we share excerpts of our fifth prediction.

article thumbnail

China COVID crisis: Groundhog Day for SC managers

Resilinc

After managing a seemingly endless series of crises arising from the pandemic, supply chain managers face a fresh cycle of chaos from a COVID surge in the world’s largest manufacturing economy. manufacturing orders in China were down 40% in an “unrelenting demand collapse.”. And it’s likely to get worse before it gets better.

China 62
article thumbnail

Why You Should Conduct Internal Quality Audits

Arena Solutions

If you’re a product developer, manufacturer, or part of an engineering team, you know the excitement, challenge, and profitability that come from transforming an idea into an actual product. billion in 2023. Everything’s connected—your engineering, manufacturing, and quality teams. Cited Sources [link]. billion to $855.62

Quality 88
article thumbnail

Risk Management in Halal Supply Chains

The Logistics & Supply Chain Management Society

Halal risk management practices of most companies are passive, meaning it is limited to the compliance of suppliers and their own (manufacturing) operations based on the requirements of the halal certification body and their halal standard(s). On the other hand, halal risks in the entire supply chain are not on their radar screens.