This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Key Takeaways Economists expect slower economic growth in 2023, but still debate whether a global economic recession will officially emerge. Despite the challenges of the last two years and current economic fears, only 12% of companies have stepped up to protect themselves against supply chain disruption. Organizations that fail to plan are more vulnerable to avoidable risks – vendor failures, operational shortfalls, and devastated revenue growth.
One of the defining characteristics of Industry 4.0 is the smart factory. Not everyone, however, believes the smart factory is a good idea. In fact, Steven L. Blue , President & CEO of Miller Ingenuity, insists smart manufacturing is a dumb idea. “Smart manufacturing has been all the rage in the last few years,” he writes. “And then it was ‘Smart Manufacturing 2.0,’ even though 1.0 was never explained or implemented.
John Ferguson, chief executive officer of TBM Consulting Group, discusses the importance of Taiwan to global semiconductor production, and tells how the supply chain would be impacted by China invading Taiwan.
The $53 trillion manufacturing economy in the US is undergoing a major automation paradigm shift due to Artificial Intelligence (AI). Thanks to new practical frameworks, automation projects that were once impossible or inefficient to implement are now being fast-tracked, and robotics automation is becoming increasingly relevant to a growing number of users and scenarios.
The pandemic, as well as geopolitical challenges, have triggered a rise in digitization across industry sectors, and manufacturing and logistics are no exception.
By Richard Lebovitz (pictured). CEO of LeanDNA. The post How to Improve Risk Prioritization in Supply Chain Execution appeared first on IT Supply Chain.
By Richard Lebovitz (pictured). CEO of LeanDNA. The post How to Improve Risk Prioritization in Supply Chain Execution appeared first on IT Supply Chain.
This is the fourth in a four-part blog post series on supply chain transformation from Chainalytics’ Supply Chain Operations competency. Be sure to read all the posts for the full story: First, Second, and Third. If you’ve followed earlier posts in this supply chain transformation series, have your team in place (full-time & dedicated), and … The post Supply Chain Transformation Part 4: Working the Road Map Day-to-Day appeared first on Chainalytics.
In a series of blog articles, the Product/Solutions Marketing team explores new business challenges and innovation solutions to change the game and manage disruptions. The following are insights gained from my discussion with Shri Hariharan , who leads Blue Yonder’s Consumer Manufacturing Industry Strategy, during a recent Blue Yonder Live. Consumer packaged goods manufacturers are simultaneously managing changing market dynamics and pressures that require very careful consideration and manageme
This is not an article about COVID (thank god). What we are seeing now in the economy are the systemic aftershocks. The Great Resignation and national security concerns have fundamentally altered labor availability and where that labor is needed. The question is, can things like labor shortages and inflation be mitigated for competitive advantage? The Great Resignation reduced the amount of labor in the market.
MELVINDALE, Mich. January 10, 2023 — Evans Distribution Systems, a full-service third-party logistics provider of warehousing, transportation, fulfillment, value-added, and staffing solutions, has been recognized as a 2023 Top 3PL Provider by Multichannel Merchant (MCM). Multichannel Merchant released its eighth annual MCM Top 3PLs directory in late December.
It’s not uncommon for manufacturers to encounter one or more of the following scenarios as part of their new product development (NPD) journey. Insufficient time to source critical parts for upcoming product release in light of an unforeseen shortage. Hazardous design flaw is not detected prior to shipment, resulting in a product recall. Inability to solicit customer feedback throughout the product development cycle.
Improvements to self-driving cars, GPS tracking, and other intelligent solutions for vehicle management were seen in 2022. With more and more real-time data and data analytics tools, most operations in supply chains are becoming more innovative. More companies are prioritizing sustainability as a critical component of the future of logistics. Moving to 2023, data still play an important role in decision-making in transportation management.
From electric vehicles and portable off-grid battery systems to smart solar trackers and air quality monitoring solutions —sustainable technologies are leading the way in innovation. It’s no surprise as rising temperatures, harmful chemicals, air contaminants, and other hazards continue to wreak havoc on our health and planet. With tightening environmental legislation and shifting consumer preferences, there’s a greater push for companies to adopt sustainable manufacturing practices and deliver
“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.
It’s not uncommon for manufacturers to encounter one or more of the following scenarios as part of their new product development (NPD) journey. Insufficient time to source critical parts for upcoming product release in light of an unforeseen shortage Hazardous design flaw is not detected prior to shipment, resulting in a product recall Inability to solicit customer feedback throughout the product development cycle Limited flexibility to add or change requirements over the course of the project T
This webinar is a must-see for any supply chain or warehouse professional who's either planning to attend Promat 2023 or still deciding to attend. In this webinar we will discuss what the future of distribution has to hold in 2023 and beyond. .
Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives
Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri
These days, it’s easier than ever to start a successful business. That means there’s plenty of competition for everyone. Supply chain planning is the key to coming out on top. Optimising your supply chain processes will give your business the best chance at thriving in a competitive landscape. And it all starts here. In this supply chain planning guide: What is supply chain planning?
During what is typically peak season in customer demand, what we’re seeing instead is reduced shipping demand and declining freight rates. The year 2022 saw the challenge of retailers having overstocked inventory created by inventory gluts from COVID demand changing. Of course, we’re also experiencing a tight economy. Retailers responded to their high inventory with promotions, such as extensive discounts and extended Black Friday sales, to encourage consumer demand.
This article was originally published by David Leichner of Authority Magazine. . T he cascading logistical problems caused by the pandemic and the war in Eastern Europe have made securing a reliable supply chain a national imperative. In addition, severe cyberattacks – like the highly publicized Colonial pipeline attack – have brought supply chain cybersecurity into the limelight.
Tariffs are no longer just policy noise. They’re driving real, bottom-line impact. One policy shift and your sourcing strategy is upside down. This bulletin cuts straight to the point. How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility.
How long should it take for a demand forecast to be computed using statistical methods? This question is often asked by customers and prospects. The answer truly depends. Forecast results for a single item can be computed in the blink of an eye, in as little as a few hundredths of a second, but sometimes they may require as much as five seconds. To understand the differences, it’s important to understand that there is more involved than grinding through the forecast arithmetic itself.
Các tiến bộ công nghệ cho xe tự lái, theo dõi GPS và các giải pháp thông minh khác cho quản lý phương tiện đã được nhận định trong năm 2022. Với số lượng lớn các dữ liệu thời gian thực và công cụ phân tích dữ liệu ngày càng nhiều và hiệu quả, hầu hết các hoạt động trong chuỗi cung ứng đang trở nên hoàn thiện và hiệu quả hơn hơn. Nhiều công ty đang ưu tiên sự bền vững như một thành phần quan trọng của tương lai Logistic.
The move is the latest step in FedEx’s effort to reduce costs, improve efficiency and deal with a decline of package volume as people return to shopping at retail stores.
Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.
Manual processes for tracking and monitoring product safety compliance leave organizations vulnerable to failures with government organizations and consumer expectations. That can translate to significant profit losses. Digitization and automation technology streamlines product safety processes – saving your business time, effort, and money. The post Benefits of Automation in Product Safety Compliance appeared first on MercuryGate International.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
130 
Let's personalize your content