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These Top Manufacturing Technology Trends will Fuel a Focus on Customer Experience in 2018

GlobalTranz

Going back to the Industrial Internet of things (IIoT), the use of Internet-connected technology increases risk in manufacturing. billion in 2018 alone, reports Michael Kotelec of Manufacturing.net , and this will bring a strong, robust boost to efficiency and productivity in manufacturing. However, the risk is well worth it.

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2024 Predictions for Industry and Global Supply Chains- Prediction One

Supply Chain Matters

However, the lessons garnered during the pandemic will likely drive inventory management toward less of a dependency on global-wide sourcing and more toward product postponement sourcing and customer fulfillment strategies. Manufacturing and Supply Chain Activity Levels- Global-wide manufacturing levels as depicted in the J.P.

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Strategic sourcing enters a new age. Are you keeping up? (Part 2)

ivalua

In last week’s blog , I began discussing telltale signs that you have entered the new age of strategic sourcing. Leading manufacturers have proven that best-in-class strategic sourcing can create measurable and sustainable shareholder value by contributing to top line growth and bottom line profitability. alternatives.

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Supply Chain Leadership V: Howard Richman

NC State SCRC

Lessons Learned from a Career in Procurement As part of our weekly Supply Chain Leadership, I interviewed Howard Richman, who I am co-authoring a new book with (“Procurement Confidential”). For example, one woman was trading foreign currencies, and took a strong position on Eurodollar.

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Increased Signs of Weakness in China and a Changing Global Trade Picture

Supply Chain Matters

July is typically a month in which Chinese suppliers and manufacturers have ramped up production levels to support global-wide back-to-school and other holiday related demand for products that peak in the November and December surge period. reflects broader weakness in the entire chain of global manufacturing.”

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Why Automation Is the Food Industry’s Answer to Supply Chain Disruption

Logility

To ensure long-term growth and protect customer loyalty, businesses need to strive for the automation of supply chain planning – from anticipating emerging demand and optimizing manufacturing capacity to adjusting inventory allocations, minimizing costs, and increasing efficiency when required. Optimizing Inventory Across Supply Chain Tiers.

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Spend Analysis in Supply Chain Management

EC Sourcing Group

The broader picture beyond procurement is the supply chain, as procurement (or purchasing) is just one step in the supply chain. . As there are many steps in the supply chain, there are many steps in procurement and procurement management. Manufacture or refine these goods into basic components.