Remove Information Remove Innovation Remove Logistics Remove Manufacturing Procurement
article thumbnail

Network Investment. Defining the ROI.

Supply Chain Shaman

Despite the importance, the investment in networks to automate the information flow between trading partners remains low. In this research, 81% of brand owners and contract manufacturers primarily depend on communication through email and spreadsheets. Approximately 32% of manufacturing, across industries, is outsourced.

article thumbnail

Megatrends Shaping Supply Chain Innovation

The Logistics & Supply Chain Management Society

Megatrends Shaping Supply Chain Innovation. Port congestion, capacity constraints, large increases in rates across all modes, labour shortages and long delays in shipments—these are just some of the operating realities supply chain and logistics professionals face today. And what are the key industry trends and innovations?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

2024: Planning for Success Amid the Uncertainty

Logistics Viewpoints

For more information on the research, click here. Sourcing and procurement comes in close second at 88 percent, followed by innovation at 87 percent. Logistics and inventory management rounds out the top four focus areas at 82 percent. With the continued challenges facing supply chains, that is no surprise.

article thumbnail

ERP for Medical Device Manufacturers Part 2

SYSPRO Smarter ERP

Those manufacturers who are still using legacy or customized computer systems will find it difficult to make the necessary changes. Integration of design and manufacturing. Many manufacturers use a CAD/CAM system for design and engineering control. Inventory and logistics management. Quality management. Traceability.

article thumbnail

[INFOGRAPHIC] Manufacturing Innovation Hubs Revitalize American Manufacturing

GlobalTranz

We have an employment skills gap , an uncoordinated approach to nurturing innovation, and an export imbalance. Since 2011, the federal government focused on changing this paradigm and made American manufacturing a priority. government is following suit by establishing a network of manufacturing innovation hubs throughout the country.

article thumbnail

Happy Groundhog Day

Supply Chain Shaman

It is time to bring Manufacturers, Retailers, and Distributors together with Technology Providers in order to better understand the issues and generate ideas to help build the “network of networks.” The forum provides active networking for sharing information on standards adoption and sharing improvements for existing networks.

article thumbnail

6 Manufacturing Trends You Need to Know

Arena Solutions

The global manufacturing sector has seen an upswing, a technological renaissance of sorts. Since the start of 2012, more people graduating from college and universities are entering the engineering/manufacturing fields. The manufacturing sector has been severely impacted by this trend because production jobs are highly technical.