article thumbnail

How manufacturers can enable innovation on the factory floor

SYSPRO Smarter ERP

The past two and half years have certainly brought a variety of challenges and opportunities that have made innovation not just a preference, but essential for manufacturers and distributors to thrive into the future. Optimizing the use of data for manufacturers. Obstacles on the data journey for manufacturers.

article thumbnail

Build Supply Chain Resilience with a Diverse Sourcing Strategy 

Logility

According to Gartner 1 , 25% of organizations will gain a critical competitive advantage in their supply chains by 2025. Developing Diverse, Resilient Sourcing Strateg ies. Once a responsible sourcing network is established, you can then include product and supply chain strategies to design the supply chain network,” suggests Balte.

Insiders

Sign Up for our Newsletter

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

article thumbnail

4 Infographics Showing How Technology Is Transforming Global Manufacturing & Supply Chain

GlobalTranz

This year looks like it's going to be one of the most innovative years for manufacturing technology. Purchasing and supply executives predict that the global manufacturing industry will continue to expand. and Chinese manufacturers. 4 Technologies Changing Global Manufacturing, As Told in 4 Infographics.

article thumbnail

6 Manufacturing Trends to Watch Out for in 2016

GlobalTranz

As we close the year of 2015, we want to take a look at some manufacturing trends for 2016. We look at 6 core areas that manufacturing companies will take a long look at as they gear up for a successful 2016. E-Commerce for Manufacturing. Manufacturers will seek custom (or specifically tailored) e-commerce solutions.

article thumbnail

Philip Morris International’s Pivot to Smoke-Free Products Complicates their Supply Chain

Logistics Viewpoints

The prevalence of smoking is going down, but the world’s population is increasing; the net result is that the forecast for the number of smokers is essentially flat in 2025 as compared to 2010. Dr. Alexandros Skandalakis – the Director Global Manufacturing Capacity, Strategic Assets and Capital Expenditures at Philip Morris Products S.A.

Modeling 179
article thumbnail

[INFOGRAPHIC] Digital Disruption: Closing the Connectivity Gap in Manufacturing with Digital Operations

GlobalTranz

A global marketplace is emerging that represents a huge opportunity for manufacturing. But the market is segmented, demanding specialization that will be tough for traditional manufacturers to handle. Technology and Manufacturing: It is a Part of the Cerasis DNA & How we Empower our Manufacturing Shippers.

article thumbnail

100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune.