Remove Innovation Remove Manufacturing Remove Shipping Remove Supply Chain Disruption
article thumbnail

Digital Megatrends – Shaping Supply Chain Innovation

The Logistics & Supply Chain Management Society

Digital megatrends – Shaping Supply Chain Innovation. Confronted by supply chain disruptions, companies were mired in deep uncertainty in 2021. According to a McKinsey report, supply chain disruptions cost the average organisation 45 per cent of a year’s profit over a decade.

article thumbnail

2021: Manufacturing, a Year in Review

QAD

The Oxford Languages and Merriam-Webster dictionary folks have advanced “Vax/vaccine” as 2021’s word of the year, but we think it really should be “disruption.” 2021: A Year of Continued Disruption…for All Industries. Several industries stood out with solutions to disruptions. International and domestic shipping disruptions.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How can ERP benefit the manufacturing & distribution CFO?

SYSPRO Smarter ERP

Over the last decade, the role of the manufacturing and distribution CFO has undergone a profound shift. The role of the CFO is being transformed by technological innovation and access to massive amounts of data, both inside and outside the organization. Here’s ERP ROI for the manufacturing and distribution CFO: 1.

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.

article thumbnail

Why Digital Manufacturing is Even More Important After the Pandemic

QAD

Manufacturers continue to face potentially indefinite remote work policies, new health screening and safety protocols, unexpected demand swings, potential supply disruptions and more. Digital manufacturing couldn’t be more important or necessary for maintaining business continuity and responding to change.

article thumbnail

8 Steps to Building Supply Chain Resilience for Manufacturers in a Post-Covid World

ivalua

While many businesses suffered severe setbacks and disruption as a result of the pandemic, some organizations were able to pivot quickly enough to remain operational. For example, saving 10% by buying supplies in India or China must be weighed against the potential risk of supply chain disruption in case of a crisis like Covid-19.

article thumbnail

Save The Supply Chain Leader From Groupthink

Supply Chain Shaman

Thirty-one months of supply chain disruption. The Russian invasion of Ukraine stretches into a much longer war resulting in serious disruptions to the food, automotive, and semi-conductor supply chains. Business continuity continues to be a risk for many retailers and manufacturers. My take away?