Hans Willems, Boston Scientific: “We’ve now evolved into a solutions provider”

Supply Chain Movement

A Boston Scientific medical device is used somewhere in the world every two seconds, but the company is much more than a medical device manufacturer. In the late 1970s, Boston Scientific’s initial success was built on guide catheters and balloon catheters for coronary artery treatments.

10 Ways Machine Learning Can Improve Manufacturing Today

IQMS

to $2T in supply-chain management and manufacturing. By 2021, 20% of leading manufacturers will rely on embedded intelligence, using AI, IoT, and blockchain applications to automate processes and increase execution times by up to 25% according to IDC. 7T value to manufacturers.

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31 Motivations for Reshoring Manufacturing & Updated Reshoring Stats

Cerasis

Many off-shore manufacturers have returned to the U.S., And, according to a Boston Consulting Group (BCG) study, 54% of companies with above one billion in revenues are now considering reshoring. 70% of manufacturers indicate that volatile energy costs are a major concern.

A Q&A with Stanley Black & Decker and Boston University on Inventory Optimization

Logility

associate professor of operations management, Boston University, on the role of a company’s inventory in developing a sustainable competitive advantage. Q: Wouldn't the focus with a pull-based manufacturing process be on finished goods and with a push-based process on raw materials?

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The Next Great Disruption Coming to Supply Chains

Kinaxis

I watched a TED Talk video by Philip Evans, from Boston Consulting Group and shuddered to think that all our traditional fulfillment and inventory models can be drastically transformed by the “consumer”. 3PL’s, Contract Manufacturing, Suppliers, Logistics providers….

Data and Digitization in Manufacturing

Enterra Insights

Manufacturing has been the lifeblood of the global economy for hundreds of years. Because manufacturers have historically moved factories to regions featuring cheap labor and few regulatory restrictions (sometimes referred to as outsourcing or offshoring), a misconception has arisen about the importance manufacturing to national economies. ”[1] Manufacturing becomes even more relevant to advanced economies thanks to data and digitization.

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Industry 4.0: The Emergence of Cognitive Manufacturing

Enterra Insights

Analysts from the Boston Consulting Group (BCG) explain the first three revolutions were driven by steam, electricity, and automation. The BCG analysts explain, “Today, another workforce transformation is on the horizon as manufacturing experiences a fourth wave of technological advancement: the rise of new digital industrial technologies that are collectively known as Industry 4.0.” ”[2] Computers and digital manufacturing ushered in other Industry 4.0

Top Talking Logistics Posts & Episodes (Q1 2016)

Talking Logistics

It’s hard to believe that we’re more than a quarter of the way through 2016 already — and that it’s snowing here in Boston today, the first Monday in April. The Boston Globe: A Home Delivery and Outsourcing Failure. The Omni-channel Effect on Manufacturers: Strategies for Success (2,689 views).

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Supply Chain Movement 20 – Trends & Consulting

Supply Chain Movement

12 | Profile Hans Willems, Vice President Supply Chain Europe, Boston Scientific. A Boston Scientific medical device is used somewhere in the world every two seconds, but the company is much more than a medical device manufacturer. Manufacturers find themselves at a crossroads.

This Week in Logistics News (April 15-19, 2013)

Talking Logistics

As I write this, the greater Boston area (including where I live) is in lockdown as the police hunt for the second suspect of the Boston Marathon bombings (the first suspect was killed overnight).

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America’s Manufacturing Future: Hope or Hype?

Enterra Insights

In the United States, growing nationalist and protectionist sentiment rests on the hope manufacturing (and associated jobs) will return from overseas. He writes, “In building a case for an American manufacturing renaissance, economists cite increasing productivity, cheap natural gas, and rising value-added figures to show that manufacturing is in good shape and will get better. manufacturing jobs since 2010 are evidence of a big turnaround in manufacturing.

Is Mexico the World's Next Manufacturing Hub?

Elementum

Mexico may become the global manufacturing nerve center if the country plays its cards right. According to Deloitte’s 2016 Global Manufacturing Competitiveness Index, Mexico ranks number eight out of 40 countries including Canada, Sweden, and Vietnam.

2017 Manufacturing Outlook Report: Despite Barriers, Manufacturers Expect Growth

Cerasis

According to a recent survey conducted by KLR one of the largest accounting firms in New England, manufacturers are largely positive about where their industry is heading.  KLR discovered that more than half of New England manufacturing executives expect continued revenue growth in 2017. Their survey revealed that manufacturers expect growth in both existing markets and in new innovative products and services. . How are manufacturers coping with these challenges?

Take a Lean Approach to Digital Manufacturing to Double Productivity

DELMIA Quintiq

Although the fundamentals have been around for a while now, Digital Manufacturing has matured through this life cycle at a pace I have never seen before. From this perspective, it is easy to see why digital manufacturing has been adopted at such a rapid pace.

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Supply Chain News on New Study from Boston Consulting Group Show Modest Increase in Reshoring Interest, but Picture Remains Unclear

Supply Chain Digest

US Likely to Gain Share as Percent of Total Manufacturing Footprint for Average Company

How Have Robotics & Automation Changed the Manufacturing Employment Landscape?

Cerasis

a provider of integrated material handling and storage systems for industrial operations, is the first post in which we will have a few blog posts on robotics, jobs, and how millennials figure into the future of manufacturing. Robotics & Automation in the Manufacturing Employment Landscape. Bureau of Labor Statistics (BLS), manufacturing employment has changed very little in recent months. But what does this mean for manufacturing employment?

The State of Reshoring: What Supply Chains Need to Know

PLS Logistics

Companies are strategically moving manufacturing facilities, examining labor costs and time to market, plus looking for accessibility to existing or developing markets and sources of innovation. According to a study from Boston Consulting, 54% of US manufacturers with more than $1 billion in revenue are considering reshoring some or all of their manufacturing. Supply Chain TMS Manufacturing

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Manufacturing and Machine Learning

Enterra Insights

Manufacturing remains an important part of any national economy — even as the service sector plays an increasingly important role in advanced economies. The loss of manufacturing jobs is part of the phenomenon that spurred the rise of political populism; however, there is near unanimity among analysts that manufacturing has changed forever. People longing for the return of blue collar, factory floor manufacturing jobs will ultimately be disappointed.

Investing in Manufacturing Innovation & Competitiveness: Will the next Silicon Valley be located in the United States?

Cerasis

Editor's Note : In this guest blog post from Adams Nager, of ITIF (Information Technology & Innovation Foundation) , he stresses the importance of fostering innovation and spurring competitiveness of American Manufacturing by focusing on more R&D from both the public and private sectors. This post is a reminder to all manufacturers, that in order to help yourselves, and help the economy, we cannot keep our eye of the long-term or investing for it. .

4 Infographics Showing How Technology Is Transforming Global Manufacturing & Supply Chain

Cerasis

This year looks like it's going to be one of the most innovative years for manufacturing technology. Purchasing and supply executives predict that the global manufacturing industry will continue to expand. and Chinese manufacturers. manufacturers.

10 Ways IoT Can Improve Supply Chains

IQMS

By 2020, Discrete Manufacturing, Transportation & Logistics and Utilities industries are projected to spend $40B each on IoT platforms, systems, and services. Combining blockchain and IoT is enabling manufacturers to pursue and excel at digital twin initiatives across their value chains.

Reshoring in America: The Future Outlook, Current Hindrances & Issues, and Ways to Stimulate Reshoring

Cerasis

To reiterate that reshoring is more than just hype and a very important topic for us to consider the Boston Consulting Group (BCG) study found that 54% of companies with above one billion in revenues are now considering reshoring. Manufacturing has gained 700,000 jobs since 2010.

Supply Chain Graphic of the Week on What will be the Impact of Robots on Manufacturing Employment

Supply Chain Digest

Many are Worried Robots will Just Eliminate all the Jobs, Boston Consulting Group Believes the Advances will Actually Increase Total Employment

10 Ideas for More Efficient & Productive Warehouse Operations

Cerasis

Boston Consulting Group research shows 1.2 million robots are expected to be deployed across manufacturing facilities in the U.S. Not only can robotic automation help manufacturers achieve greater warehouse productivity, but it can also drive significant cost savings as compared to employing workers. Implement Lean Manufacturing. Manufacturing Warehouse warehouse operations According to the U.S.

Five signs its time for supply chain transformation

Kinaxis

Leaders from Bose, Boston Scientific and ON Semiconductor shared key lessons from their supply chain transformations, including what led them to consider change. Planners can’t work with contract manufacturers. by Sarah Harkins In spring, the flowers bloom. In fall, the leaves change.

[INFOGRAPHIC] 9 Progressive Information Technology Movements Moving Manufacturing into Industry 4.0

Cerasis

This is a summary post of the 9 pillars of technological advance report from Boston Consulting Group. 9 Progressive Information Technology Movements Moving Manufacturing into Industry 4.0. Additive Manufacturing. and how it will change manufacturing?

Guest Blog: Real-world Advice for Getting Started on eKanban

synchrono

Through this guest blog series, I’d like to share some of my experiences implementing supplier quality and Lean manufacturing initiatives by focusing on eKanban systems. For manufacturers managing materials with expirations, these costs can be compounded through scrap. by Jim Shore.

Competing in a Changing Marketplace

QAD

QAD Chief Marketing Officer Carter Lloyds recently sat down with Dave Vellante, host of theCUBE, SiliconANGLE Media’s studio in Boston. When we think of the manufacturing industry today, the fast fish is enabled by agile systems.

ToolsGroup Promotes Mauro Adorno to Managing Director of Europe

ToolsGroup

BOSTON (July 30, 2019) – ToolsGroup, a global leader in service-driven supply chain planning software, has promoted Mauro Adorno to managing director of Europe.

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Study Shows Two-Thirds of Companies Yet to Execute Digital Transformation in Supply Chain Planning

ToolsGroup

BOSTON, Mass. A North American-based survey of nearly 200 supply chain professionals from top CPG, distribution/wholesale, food and beverage, manufacturing, and retail companies found that 58% of respondents are still in the exploring or evaluating phases of digital transformation.

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[INFOGRAPHIC] The End of Made In China Manufacturing

Cerasis

The phrase “Made in China” embodies cheap labor, the outsourcing of American manufacturing jobs, and China’s transformation into one of the world’s economic superpowers. However, it seems the end of the Made in China manufacturing era may be in sight.

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Strong Supply Chains Required For an Economic Rebound: Six Steps To Take

Supply Chain Shaman

I gave thanks when the Patriots jet—championed by Mass General and Robert Kraft (owner of the Patriots)—landed in Boston with a million masks. Figure 1 shows a market-by-market planning model by a sinus drug manufacturer. Step #5 Safe Manufacturing. Today, I am reflective.

4 Logistics Solutions for Struggling CPG Shippers

PLS Logistics

A recent study from the Boston Consulting Group and the Grocery Manufacturers Association shows that 80% of CPG shippers consider shipping their biggest business obstacle. Two Major Obstacles for Consumer Packaged Goods (CPG) Shippers.

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7 Factors of Solid Supply Chain Network Design

Supply Chain Opz

Location includes customers, suppliers, warehouse, manufacturing facilities, seaports, airports and so on. Due to the rapid acceleration of modern computing, supply chain optimization has become more prevalent than ever before. What''s is supply chain optimization anyway?

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Why CPG Demand Forecasting Has Hit a Ceiling

ToolsGroup

Boston Consulting Group talks about how the “endless aisles” of the internet and omni-channel sales increase product assortment. Most CPG companies have hit a demand forecasting ceiling. The good ones are breaking through.