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Trends That Will Transform Manufacturing in 2023 & Beyond

RFgen

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.

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Toyota’s CEO Leadership Change and An Accelerated EV Supply Network Strategy

Supply Chain Matters

He rather steered the company toward providing different power train options for consumers and for countries. His plan calls for Lexus brand to have a specialized EV platform by 2026, upon which other models can leverage. Reportedly, Toyota ’s current EV models are manufactured in the same assembly lines as gasoline powered vehicles.

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ERP Security in Manufacturing: Safeguarding Data and Operations

OptiProERP

ERP software is a complete business management suite integrating data and business functions across sales, finance, accounting, purchasing, production, and other departments. Below are the challenges manufacturers face in maintaining modern ERP security. Digital data stored in ERP gives cybercriminals a significant opportunity.

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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.

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How Does ERP Help Small Manufacturing Businesses Grow?

OptiProERP

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.

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Top 10 Logistics Trends That Could Impact Supply Chains in 2022

Locus

Billion by 2026, growing at a CAGR of 9.28% from 2019 to 2026. The growth in e-commerce purchases has increased the demand for returns through the same channel. Customers do not purchase a product on an e-commerce site that does not guarantee returns. Global Last Mile Delivery Software Market was valued at USD 5.38

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Technology Support in Integrated Business Planning: Automation, Augmentation and Human Centricity

Supply Chain Trend

For over a century, we have seen increasing automation in supply chain, especially in manufacturing and the pace has quickened in the past decade with robotization in production, warehousing, and transport. AI has been estimated to displace 38% of transport jobs and 30% of manufacturing jobs (Ghosh, 2018). Bureau of Labor Statistics.