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
This collaboration allows for better optimization of the supplychain, ensuring the right products are available at the right time. Molex is a global electronics manufacturer that makes and sells over 100,000 distinct products – connectors, cable assemblies, and a wide variety of other products. But the work continues.
A large multinational is undergoing an impressive supplychaintransformation that will run through 2023. A Complex SupplyChain. Customization is provided for 5 different supplychains (for example, make-to-order, make-to-stock, etc.) A Transformation Journey. Resilience and Agility.
Frasquet is the executive director of corporate procurement, although his responsibilities include a much broader set of supplychain responsibilities than just sourcing. Mr. Rodríguez is the operations strategic planning manager and he leads a team focused on the company’s supplychain design.
In one article , Mr. Sorenson points out that IBP works better for small manufacturers than large ones. GEON Embarks on a Digital Transformation GEON Performance Solutions is embarking on a supplychaintransformation. Their vision guiding this transformation is the creation of a highly effective IBP process.
Leaders from Bose, Boston Scientific and ON Semiconductor shared key lessons from their supplychaintransformations, including what led them to consider change. If these stories sound familiar, it might be time for your supplychain to change too. Planners can’t work with contract manufacturers.
Manufacturing Leaders are well aware of (and even frustrated or perhaps used to) the constantly changing business landscape. More often than not, the conversation around digital transformation in manufacturing is no longer about the “why” or even the “what” because most already know the critical technologies dominating discussions.
We have just released a new report, entitled Circular SupplyChainTransformation: Challenges, Opportunities, and Trade-Offs for Circular Smartphones and Computers.
AI-Driven Logistics Optimization Artificial intelligence is playing a critical role in optimizing logistics operations and enhancing supplychain agility. For example, Maersk uses a digital twin a virtual replica of its terminals to simulate different scenarios and make data-driven decisions that improve efficiency and reduce risk.
The cloud has emerged as the cornerstone of modern business and supplychain innovation. From retail and food and beverage to manufacturing and life sciences, companies from a wide variety of industries are realizing the benefits of the technology, revolutionizing how they operate, collaborate, and generate value.
Today, the steel manufacturing leader has an ambitious digital transformation agenda and is leveraging AIMMS technology to optimize operations in its home country. I belong to this second division and work mostly on mathematical modeling, simulation and supplychain analytics. . When did you join Tata Steel? .
In a recent research project, we found that 2/3 of companies had a digital supplychaintransformation strategy; however, those that were evolving their strategy performed better during the early months of the pandemic than those that were “clear” on the project plan for a digital transformation.
Individuals at this level are highly skilled at digging into data, understanding business relationships, and engaging well with key stakeholders to solve the many problems of supplychain risk, cost modeling, and predictive scenario development for supplychain design.
Supplychains have been around since people realized they had things worth trading. As new technologies emerged, supplychainstransformed to take advantage of these technologies. As a result, transformation has been and remains an essential characteristic of supplychains.
While many companies have invested significant time and money over the years to improve their demand, supply, and manufacturing planning capabilities, they have underinvested in workforce planning and optimization, and they’re now starting to feel the consequences. appeared first on Talking Logistics with Adrian Gonzalez.
For example, some newer robotic systems can efficiently automate small picking use cases such as in-store fulfillment of grocery orders. Expand the use of machine learning and predictive analytics – The effectiveness of machine learning models is being proven in an expanding set of use cases across the end-to-end supplychain.
Digital supplychaintransformation will accelerate. We expect digital supplychaintransformation to accelerate and those companies that have been putting it off will now make it a priority. Companies will also look to shorten and localize supplychains. applications of the future.
VF had committed itself to largely selling goods to consumers in the same region they are manufactured in. China, for example, only produces 14% of their total units, only 3% of those units end up being exported to the United States and 2% to EMEA. Much of the world’s fabric is produced in Asia, for example.
More than 500 supplychain leaders converged in Berlin between 11 – 13 November to learn how to unlock the full potential of their supplychains, and to ultimately reshape the future of their businesses. All this ensures the most holistic approach to supplychain management on a single platform.
You probably already have a great example of a data twin in your pocket: Google Maps is a digital twin of the Earths surface. McKinsey analysis indicates that supplychain disruptions cost, on average, 45 percent of one years cash profit. ” Part of that transformation, they report, is leveraging digital twin technology.
” Technology and the Digital SupplyChain. UPS analysts note, “From advances in information availability to cutting-edge manufacturing processes to increased supplychain visibility, there’s no shortage of tools … companies can arm themselves with to stay relevant — and competitive.
ZF Began their Digital Resilience Transformation 20 Years Ago! I interviewed John Sobeck, Vice President Material Management Services and SupplyChain 4.0 at the ZF Group, about their digital supplychaintransformation journey. The ZF supplychain is complex. at the ZF Group.
In this article, we will show you tips from worldwide experts that you can use to streamline your global supplychain operations. Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supplychain networks.
The following are the insights gained from my discussion with Sunil Roy , who leads Blue Yonder’s Industrial Manufacturing Industry Strategy, during a recent Blue Yonder Live and executive customer events that we prepared for jointly. What are the key metrics that are driving the industrial manufacturerssupplychain?
For example, Swire Coca-Cola in China faced challenges from demand volatility and complex production needs across its 24 factories. Get AI-driven supplychain management with Blue Yonder Blue Yonder is the world leader in digital supplychaintransformation.
This lays the groundwork for supplychaintransformation. . For example, tags can provide more essential data. Impact : 2014 will see an increase in the use of RFID, leading to leaner supplychains resulting in reduced costs and increased profits. This trend won’t come into its own in 2014.
2020 has been the year of product changeovers in supplychain. Most manufacturers that had plans to digitize in the future were hard-hit with manual changes. Manually changing processes to accommodate new manufacturing. By David Paquin | Director of Industrial, Locus Robotics. Unfounded concerns.
Only 7% of manufacturers are experimenting with cognitive computing. Rulex, a partner of ToolsGroup, is an example of machine learning. This type of technology will transform master data management and the matching of documents. Figure 2 is an example of an ontology. An Example of an Ontology.
The time is ripe to move forward with supplychaintransformation. In this article, we will cover examples and key factors that push businesses to build that supplychain resilience they need. Demand-based manufacturing In some supplychains, manufacturing facilities operate independently.
In this highly volatile market, it’s key that steel manufacturers focus on improving cost effectiveness and operational efficiency. The company was having trouble optimizing its resources and handling complex manufacturing processes. SupplyChain Planning & Optimization'
“We leverage AI to make the supplychain the force for good–sustainable and efficient, and creating differentiation for our customers amid continuously disrupted demand and supply. Watch TireHub’s supplychaintransformation testimonial here. Read the press release here. Watch RAJA’s customer story here.
The year 2020 has thrown us all for a loop, and the resulting drastic shifts in demand are motivating companies to accelerate the digital supplychaintransformations that for some may have been languishing in early stages. Uncertainty: Here your focus is to manage variability on the supply side.
Our recent shift to a SaaS model is a great example. Geographic and Industry Reach Blue Yonder’s SupplyChain Planning Solution stands out due to its strategic acquisitions and expansive global and industry reach. Blue Yonder is a long-time, strategic partner to Amway.
The ISM index of manufacturing activity hit its lowest level since the Great Recession in December 2019, indicating industry contraction. Manufacturers can offset the effects of outside pressures and meet evolving challenges with strategic implementation of technology solutions.
However, the stories of success are largely project improvements or improvements in vertical supplychain efficiency in manufacturing or transportation. It is seldom a story of the translation of supplychaintransformation to improve dynamic organizational capabilities or sustained balance sheet results.
The implication of our prediction is that there will be no significant widescale deployment of fully autonomous Advanced AI capabilities within supplychain business, customer fulfillment, logistics and manufacturing operations process and decision-making environments for a minimum of two years.
In a recent panel discussion with Consumer Goods Technology , Conagra Brands shared how its reworked supplychain strategy is helping the brand meet customer expectations, drive internal performance and find consistent results by transformingsupplychain planning. Blue Yonder Empowers Manufacturers.
That stated, in certain regions such as across Europe and China , the year continues to present economic and manufacturing challenges. Global wide manufacturing activity levels as measured by the J.P. Morgan Manufacturing PMI® contracted once again at the end of Q3. In the specific case of Germany , it is both.
Francois talked about how cell and gene therapies are personalizing medicine, putting individual patients at the center of the supply network. In this instance, the supplychain begins and ends with a specific patient, providing an extreme example of personalized medicine.
I believe this is necessary at the earliest stages of a supplychaintransformation. I reflected on a quote by a supplychain leader, “Today the supplychain questions are the same, but the answers are different. ” Simply put, I want to help supplychain leaders find these new answers.
Mr. Crabtree is a Master Lean Six Sigma Black Belt, a Certified SupplyChainTransformation Architect and an expert in effective change management, facilitation, and communications. Ron Crabtree , CPIM, CIRM, CSCP, MLSSBB, SCOR-P is the founder and CEO (2002) of MetaOps , Inc.
For example, one business unit can run SAP, one Oracle, one Logility, and one OM Partners; and it will be OK. You will also gain insights on the Network of Networks group’s work on blockchain along with insights on wearable/IOT to redefine digital manufacturing. Forge New Directions for SupplyChain 2030. Technologies.
In today’s rapidly evolving automotive industry that is significantly impacted by macroeconomic challenges, government regulations, geopolitical tensions, software proliferation, and changing customer expectations, optimizing supplychain processes has become crucial for maintaining a competitive edge.
As supplychains continue to grapple with volatility and disruption post-pandemic, fashion brands, who faced increased risks during the pandemic because of lockdown, are now turning to better supplychain planning for fashion strategies with the end goal of achieving improved agility and a competitive advantage.
This year’s Customer Excellence Award for Best SupplyChainTransformation goes to Ferrara Candy – for making incredible strides in its digital transformation journey amidst a string of M&A activity that continues to add extreme complexity to Ferrara’s global supplychain.
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.
Let's personalize your content