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. The escalation of the war in Ukraine. A new phase of the pandemic.

article thumbnail

7 Ways to Future Proof Your Supply Chain

QAD

In his recent Supply Chain Digital Magazine article, Future-proof your supply chain to 2025 and beyond , Brent posits seven ways shippers can make decisions now to improve operational efficiency in the next couple of years. His recommendations to future proof the supply chain for 2025 and beyond focus on seven essential steps to take now.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Petrochemical demand is up and prices are spiking

Resilinc

The last 18 months have been very good for petrochemical manufacturers—and not so good for their customers in a wide range of industries. This year has brought another round of pain for the vast array of manufacturers that depend on petrochemical inputs. Russia’s invasion of Ukraine sparked dramatic increases in oil and gas prices.

article thumbnail

Chinese Lockdowns and the Future of Supply Chains

Enterra Insights

The latest China lockdowns combined with the Russia-Ukraine war is too heavy a burden. According to supply chain expert Richard Howells ( @howellsrichard ), “To increase resiliency across global supply chains companies will need to rebalance on-shore, near-shore and off-shore strategies for manufacturing locations.”[7]

article thumbnail

More Electric Vehicle Supply Network Moves

Supply Chain Matters

In prior Supply Chain Matters updates, we called reader attention to General Motors efforts to lock-in supply needs up to 2025 , battery designer and supplier Panasonic’s announcement for an augmented U.S. can spur added interest in battery manufacturing circular networks. or by free-trade agreement partners.

article thumbnail

Ten Supply Chain Predictions for 2023

NC State SCRC

One reason for this is that the COVID crisis in China is escalating to incredible levels, and that is shutting down a lot of manufacturing hubs. As pointed out in the NY Times – even apparel manufacturing in Mexico is largely dependent on fabric produced entirely in China! GM has committed to 30 new electric vehicles by 2025.

article thumbnail

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

ToolsGroup

How the War in Ukraine is Impacting the Supply Chain and Raw Material Prices. 49% of respondents were from the manufacturing industry, 16% from the mechanical engineering sector, and 11% from the automotive market. How the War in Ukraine is Impacting the Supply Chain and Raw Material Prices. Consultancy UK). Deloitte Global).