Two Million Vacant Manufacturing Jobs by 2025…How Can We Tackle the Skills Gap?

Cerasis

Approximately 60 percent of today's unfilled manufacturing jobs are due to a shortage of applicants with sufficient proficiency in science, technology, engineering, and math ( STEM ) skills. This estimate is according to responses provided by 83 percent of the manufacturing executives who participated in a survey conducted as part of an industry study by the Manufacturing Institute and Deloitte Consulting LLP. capacity to keep pace with needs of manufacturing.

Reduce Costs: Invest In Talent

Supply Chain Shaman

In manufacturing-based companies, 70-80% of costs are in the processes of source, make and deliver. With the flurry of M&A, industry consolidation, outsourcing, and downsizing, the gaps for North American manufacturers are increasing. This is a warning for manufacturing companies.

The March of the Lemmings.

Supply Chain Shaman

Manufacturing companies are statistically less satisfied with their S&OP processes in 2019 than they were in 2016 at a 90% confidence level. A manufacturing company with annual revenues greater than 5B$ operates seven S&OP processes and is dependent on five technologies.

Four Strategies To Deploy As Supply Chain Hits Main Street

Supply Chain Shaman

Meanwhile, turbulence is the norm for manufacturing supply chains. As I sign into the front desk-after-front desk at manufacturers, and open the signature book, I notice a large number of system integrators diligently working on the implementation of traditional enterprise technologies.

If Only There Were More Choices

Supply Chain Shaman

Most of the newer technologies–cognitive computing, machine learning, autonomous vehicles, cryptocurrency, the use of drones for sensing, additive manufacturing, wearables, and blockchain are early in evolution. Shifts in Technology for Supply Chain 2030.

What Is The Mission?

Supply Chain Shaman

The Timken Company Bridges the Gap between Supply Chain, Finance, Manufacturing, Sales, and Marketing to Drive Supply Chain Excellence. In the thread, Kathleen responded: “…there are really no highly skilled and classically trained logisticians in manufacturing which is why IT has been able to dominate and give Business leaders incapable solutions. Register for the webinar using this link. (We We do monthly complimentary webinars and record them and share them on Linkedin.).

Is A Customer-Centric Strategy the Same as Demand-Driven? Outside-In?

Supply Chain Shaman

Instead, companies link suppliers to multiple signals: manufacturing production plans; distribution requirements; and current inventory positions, to help suppliers better plan for supply. We will be discussing the concepts of Customer-Centric Supply Chains on our webinar on August 17th.

Household Products Industry Stuck in Neutral and Going Backwards

Supply Chain Shaman

They got good at Sales and Operations Planning (S&OP) and tied the output to decisions on what to make in contract manufacturing. We will present all of our results on July 20th on our webinar to announce the 2016 Supply Chains to Admire winners. Supply Chain 2030.

The Future of Supply Chain Management

Kinaxis

That was the perfect lead-in for a great Supply Chain Insights webinar I attended recently – Journey to Supply Chain 2030. Admittedly, 2030 is a few years out. by Alexa Cheater Closed Today. Fresh out of Supply Chain Talent.

Five Trends That Excite Me!

Supply Chain Shaman

Future of Analytics in the Building of Supply Chain 2030. One of the greatest opportunities to use sensor data is in the building of digital manufacturing strategies. Join us for the Next-Generation Supply Chain Training Webinar on December 6, 2016. Holiday travel.

Trends 267

No Easter Bunny?

Supply Chain Shaman

Or is it the use of the Internet of Things to transform manufacturing or reduce issues with counterfeiting? This issue is that the orders have inherent order latency (The time for customer purchases to translate to manufacturing orders). Gain insights and learn from our webinars.