2026 Manufacturing Procurement Sourcing Tools 
RFgen
FEBRUARY 10, 2023
Supply chain optimization and attracting talent will continue to be top-of-mind for manufacturers. Artificial intelligence (AI) is most likely to transform the manufacturing sector. Manufacturing has changed dramatically in recent years. With recent advances, AI will accelerate to become outsized in manufacturing trends in 2023.
ToolsGroup
APRIL 1, 2022
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.
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Logistics Viewpoints
JANUARY 31, 2024
Between the Carbon Border Adjustment Mechanism ( CBAM ) and the Corporate Sustainability Reporting Directive ( CSRD ), any large company that intends to conduct business in the European Union will be responsible for reporting on data that encapsulates environmental risk, procurement statistics, and supply chain impacts.
ToolsGroup
JULY 19, 2023
With the advent of true “single source of truth” inventory visibility , a digital twin is a more feasible goal than ever before. Digital Twin Applications For instance, say you’re a manufacturer or distributor. Are you a manufacturer wondering how best to leverage real-time data to elevate your business performance?
OptiProERP
DECEMBER 23, 2021
The global pandemic has brought significant changes in the manufacturing industry. To grow, small manufacturers need to rethink their production processes and consider digital solutions. Many small-scale manufacturers are ready to go digital but investing in a new ERP system raises some concerns for them. from 2019 to 2026.
IQMS
MARCH 4, 2021
The growth of cloud ERP in manufacturing is approximately 5%, with Financial Management Systems (FMS) and Human Capital Management (HCM) growing at 7% and 10%, respectively. type, cells, tooling, and MRO, Finite Scheduling and more. Many manufacturers consider this the heart of their MES system. billion in annual revenues.
Arena Solutions
JANUARY 29, 2020
Most manufacturing companies must rely on many supply chain partners to design and deliver products to their customers under budget and ahead of schedule. billion in 2018, with estimated expansion at a CAGR of 7% through 2026, according to Grand View Research. Indented bill of material (BOM) pictured above with revision detail.
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