article thumbnail

2024: Planning for Success Amid the Uncertainty

Logistics Viewpoints

Other critical functions include order management, manufacturing, and product development. Looking Forward to 2027 and Beyond APQC’s research finds that compared to prior years, more respondents expect more things to impact supply chain in a major way in the next three years.

article thumbnail

Microgrid Economics – Microgrids Growing Faster Than Larger Grids

Logistics Viewpoints

According to Wood Mackenzie, the US microgrid market is expected to grow at a compound annual growth rate (CAGR) of 19% from 2022 to 2027. According to Wood Mackenzie, the US microgrid market is expected to grow at a compound annual growth rate (CAGR) of 19% from 2022 to 2027. The cost of grid power has been increasing.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Manufacturing Disruption is Here. Will Your Company Survive?

QAD

That average dropped to 24 years in 2016 and is expected to shrink to just 12 years by 2027. Manufacturers can miss opportunities to adapt due to their lack of speed in responding to disruptive forces, under-investing in new growth areas or applying existing business models to new markets. How will Manufacturers Survive Disruption?

article thumbnail

National Barcode Day 2023

Enterra Insights

3] Since those tagging techniques are costlier alternatives for manufacturers, the lowly barcode will probably be around for a little while longer. The advantage of more sophisticated techniques is that they can provide much more information than 1D barcodes. .”

article thumbnail

U.S. Announces Samsung Electronics Incentives for Semiconductor Production

Supply Chain Matters

Reportedly, Samsung is planning to have the two fabrication facilities to be operational in 2026 and 2027. The aim is the ability to support the strategic supply needs in domestic based aerospace and defense, artificial intelligence and automotive supply networks. Under the provisions of the U.S. The consist of a $6.6

article thumbnail

Supply Chain KPIs & Metrics: Our Top 24 for Manufacturers

Silvon Software

In fact, such KPIs are so crucial right now that the supply chain analytics market is expected to reach nearly $17 billion by 2027 as companies ramp up their supply chain performance management initiatives. Here are 24 that Silvon has used with clients across various manufacturing industries to help them drive better supply chain performance.

Metrics 81
article thumbnail

Effect of Working With CNC Machines on your Supply Chain

SCMDOJO

CNC machining is also known as just machining and is used extensively in manufacturing and industrial applications. How CNC Machines Are Changing Manufacturing as We Know It. Thanks to CNC machine technology, traditional manufacturing supply chains are gradually disappearing. Digital technology is altering the industry.