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2023 Manufacturing Trends: How to Get Ready Now

OptiProERP

2022 has proven to be both positive and disruptive for the manufacturing industry. Despite the pandemic, recession fears, supply challenges, a tight labor market, and economic instability, manufacturing companies continue to survive and evolve in the “new normal.”. helped transform many manufacturing businesses. Industry 4.0

Trends 52
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How AI is transforming manufacturing Part 2: Inventory management

SYSPRO Smarter ERP

Manufacturers have incurred significant financial losses due to supply chain disruptions and the subsequent inventory management challenges. With companies producing more and more products worldwide, the issue of keeping track of enormous amounts of parts and materials used in the manufacturing process has grown increasingly complex.

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Elevating The Voice of the Supply Chain Contrarian

Supply Chain Shaman

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. The analysis is biased toward large process-based manufacturers in the Gartner network. Is this success? I don’t think so. Learning Stalled.

Gartner 365
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3 Reasons Why Food and Beverage Manufacturers Benefit from Digitalized Operations

SYSPRO Smarter ERP

Digital transformation is the latest trend, and for good reason. Being a successful food or beverage manufacturer in 2019 is no small feat. It requires an efficient supply chain and demand management, quality control, and a willingness to adapt to an ever-changing industry.

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What is Lean Retail (+ Why Retailers Must Embrace It)

ToolsGroup

Whereas retailers once purchased merchandise largely based on the gut instinct of trend-savvy buyers and the push of whatever manufacturers tried to sell them, nowadays, they need to take a much more customer-focused and data-centered approach. You sell a full pallet of the item every week in most of your stores.

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Supply Chain Management in a Post-pandemic World

Enterra Insights

In essence, supply chain management integrates supply and demand management within and across companies.”[5] Those trends are: 1. According to Banker, “Manufacturing automation — including 3D printing (also called additive manufacturing) — is making it easier to create many, many more product variants.

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Bright and Shiny Objects?

Supply Chain Shaman

There is a need to manage excitement and exercise caution. Exciting Trends. Digital Manufacturing. Manufacturing Execution Systems with Data Historians have inched along over the years, but we have not been able to radically change manufacturing. In my 15 years as an analyst, I have never seen more promise.