article thumbnail

2024: Planning for Success Amid the Uncertainty

Logistics Viewpoints

Sourcing and procurement comes in close second at 88 percent, followed by innovation at 87 percent. Other critical functions include order management, manufacturing, and product development. It is the world’s foremost authority in benchmarking, best practices, process and performance improvement, and knowledge management.

article thumbnail

How Exceptional Companies Grow with Sarah Ahern & Jonathon McKay

The Logistics of Logistics

Focused on logistics, manufacturing, and distribution channel strategies, Jonathon helps organizations make confident decisions for bold growth. As a Net Promoter Score Associate and Certified Innovative Leadership Coach, Jonathon is committed to delivering exceptional customer experiences and guiding leaders on growth journeys.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Elevating The Voice of the Supply Chain Contrarian

Supply Chain Shaman

” The industry is in a groupthink, largely missing the opportunities for breakthrough innovation. One of my insights from doing the industry analysis for the Supply Chains to Admire each year is that smaller and less well-known companies outperform larger and better-known manufacturers. Is this success? I don’t think so.

Gartner 346
article thumbnail

The Forecasting Accuracy Bugaboo

Logistics Viewpoints

Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. It is important to benchmark forecast accuracy and similar supply chain metrics against your peers. In conclusion, the mindset of an organization matters.

article thumbnail

Digital Transformation in Logistics

Logistics Viewpoints

ARC Advisory Group, where I work, publishes an analysis of the 25 manufacturers with the most mature digital transformations. Most recently, the APQC has conducted best practice and benchmarking research on digital transformation. Essentially, digital transformation is the integration of digital technology into all areas of a business.

article thumbnail

Trends 2024: Artificial Intelligence

Enterra Insights

Anders Billesø Beck , Vice President of innovation and strategy at Universal Robots, explains, “2023 was an exciting year for innovation. I look forward to seeing the benefits of machine learning reach more manufacturers in 2024. He writes, “AI is about to supercharge the innovation pipeline.”

Trends 264
article thumbnail

15 Types of Manufacturing Software (+ Who Benefits from Each)

Unleashed

There is a range of manufacturing software now available to help businesses streamline their processes and maximise efficiency. Here we look at 15 types of manufacturing software, and for each answer three questions: What are the main functions of this software? What are its advantages and disadvantages?