How Robust are your Global Manufacturing and Sourcing Strategies?

Dragon Innovation

Global manufacturing choices are almost endless, but with innovation and progress what works today may not work in the future. factory selection sourcing supply chain management Contract Manufacturer supply chain RFQ

Best-Cost vs. Least-Cost Sourcing

Talking Logistics

The “reshoring” of manufacturing operations from China and elsewhere to the United States continues to make headlines. A month later, Walmart announced that it will increase its sourcing of US products by $50 billion over the next 10 years. And earlier this month, the Wall Street Journal published an article about how the toy maker K’Nex has moved most of its manufacturing operations from China to its factory in Pennsylvania.

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Technology Improves Manufacturing Disaster Preparedness

DELMIA Quintiq

Disaster preparedness is imperative everywhere, but that goes double for the manufacturing industry. With the right application of intelligent technologies, manufacturers and supply chain partners can more easily make proactive decisions, like diverting vessels and making other route changes. This branch of technology helps manufacturers on two fronts: backup and disaster recovery. Best Practices Digital Twin Digitalization Manufacturing Natural Resources

Small Business Manufacturing in America: Innovate, Design, Develop and Manufacture

Supply Chain View from the Field

To achieve this capability, the company has invested a lot of upfront resources that not a lot of manufacturing companies in North America have today. This gives us a unique business model and helps us influence the parts to ensure that they are optimized for our manufacturing floor, and helps us to influence it so that we can bring to bear our deep market knowledge of the accessories we build for our OEM customers.” I believe this is the new model for American manufacturing.

Skillfully Managing Manufacturing Reshoring Projects

Cerasis

There’s more involved in successfully reshoring a foreign manufacturing operation back to the U.S. Reshoring is a hot topic in manufacturing. These “Bring Manufacturing Back” initiatives have many moving parts and require careful planning and execution and very skillful project management. location and the best facility for manufacturing are key components to the overall success of the program. Innovation and Automation.

Time to Rethink Sourcing Rare Earth Elements

Supply Chain Game Changer

Strategic National Stockpiles and Sourcing for the National Interest! The Covid19 global pandemic has cruelly exposed the utter dependence of the US and the world on China’s mass manufacturing capability and supply of critical medical equipment and materials. These Rare Earth Elements have long ago been abandoned for mining and processing here in the United States and are part of our reliance on Chinese sources of supply. Lead by innovation. Subscribe Here!

How do we Drive Invention to Innovation in Planning?

Supply Chain Shaman

At the event, James Rice, MIT, spoke on innovation, and his reflections on Clayton Christensen’s 1997 classic business book, the Innovators Dilemma. This is disruptive innovation. Christensen’s concept is that businesses will reject innovation based on the fact that the customer cannot currently use the innovation delaying the adoption of great ideas. The spark from Invention to Innovation is slow. Invention into Innovation in Planning.

Strategic sourcing enters a new age. Are you keeping up? (Part 2)

ivalua

In last week’s blog , I began discussing telltale signs that you have entered the new age of strategic sourcing. Leading manufacturers have proven that best-in-class strategic sourcing can create measurable and sustainable shareholder value by contributing to top line growth and bottom line profitability. Improving costs remains a core competency for any sourcing organization. Strategic Sourcing Requires Collaborative Working Arrangements with Key Suppliers.

Supplier Co-Innovation: The Next Source for Economic Growth

NC State SCRC

We hear the words “innovation” as a source for growth in the economy over and over again. New ideas on how to manage business processes, digital technologies, ways of delivering value to customers, and supply chain linkages are all areas where we are likely to see new forms of innovation occurring. But what will be the true source of innovation? Seek the right suppliers for the innovation project.

Strategic sourcing enters a new age. Are you keeping up? (Part 1)

ivalua

Since its inception in the late 1980s, strategic sourcing has always been about getting the best value for the goods and services purchased from third party suppliers. Strategic sourcing requires an intense focus on the total cost of ownership, while incorporating customer needs, organizational goals, and market conditions. Done well, strategic sourcing creates measurable and sustainable shareholder value by contributing to top line growth and bottom line profitability.

Digital Transformation: An Imperative for Industrial Manufacturing in 2017

Cerasis

Are industrial manufacturers seizing all the opportunities of a more digital world? A recent article suggests that, by 2018, only 30 percent of manufacturers investing in digital transformation will be able to maximize the outcome. Let’s take a look at four reasons why digital transformation is an imperative in 2017 for industrial manufacturers: 1. Manufacturers need to rise to meet these new expectations – and one of the keys is through digital transformation.

Innovating Spare Parts Logistics

Logistics Trends and Insights

Meanwhile, in 2016, UPS announced a distributed, on-demand manufacturing network that links its global logistics network with 3D printers at more than 60 UPS Stores across the U.S Furthermore, SAP announced its extended supply chain solutions will be integrated with UPS’s on-demand manufacturing solution and global logistics network to simplify the industrial manufacturing process from digitization, certification, order-to-manufacturing and delivery.

Why Strategic Sourcing and Supplier Management Can Make or Break Your Customer Experience

ivalua

”) Customer experience initiatives often involve people from diverse parts of a manufacturing organization. However, few manufacturers ever sit back and ask, “How can our procurement or strategic sourcing initiatives contribute to the overall customer experience?” I would argue that, if you’re in manufacturing, strategic sourcing is the first place to start shaping the customer journey. This problem appears to be the result of sourcing choices.

Manufacturing Gains From Machine Learning

IQMS

Improving semiconductor manufacturing yields up to 30%, reducing scrap rates, and optimizing fab operations is achievable with machine learning. Bottom line: Machine learning algorithms, applications, and platforms are helping manufacturers find new business models, fine-tune product quality, and optimize manufacturing operations to the shop floor level. New products are proliferating in manufacturing today, and delivery windows are tightening.

Vizion’s Quality Data Enables Smarter Container Tracking

Gravity Supply Chain

Gravity partners with Vizion to help businesses make data-driven decisions, increase shipping reliability, reduce risks, and supply chain disruptions.

The Future is Now: Why these 5 Advanced Manufacturing Technologies Trends will Dominate 2018

Cerasis

Over the next two years, manufacturers are set to invest more than $250 billion in the Industrial Internet of Things (IIoT), and the use of technology to improve manufacturing will only increase. It is almost impossible to define the exact amount manufacturers will invest in technologies over the coming year, but they are moving toward more sustainable, cost-effective practices. in manufacturing, supply chain, logistics, and transportation management.

Manufacturers bouncing back after COVID using low-code technology

TrackVia

The COVID-19 pandemic continues impacting manufacturers in an unprecedented way, globally hitting demand, supply, and workforce at the same time. The global manufacturing and supply chain ecosystems have been among the hardest-hit sectors by the COVID-19 pandemic.

10 Ways Machine Learning Can Improve Manufacturing Today

IQMS

to $2T in supply-chain management and manufacturing. By 2021, 20% of leading manufacturers will rely on embedded intelligence, using AI, IoT, and blockchain applications to automate processes and increase execution times by up to 25% according to IDC. Machine learning improves product quality up to 35% in discrete manufacturing industries, according to Deloitte. to $2 in supply-chain management and manufacturing. 7T value to manufacturers.

Enabling Innovation Groups To Sell More Effectively to Operations Leaders

ThroughPut

We do it throughout entire industries, enabling leaders to smooth-out their Supply Chains, lean-out their Logistics, optimize their Operations, and maximize their Manufacturing throughput, all with their existing teams and often disaggregated data sources. Whether it is access to data, maneuvering around competing innovation objectives, tracking down actual factory-floor operators, or involving oft-neglected procurement groups, there are internal bottlenecks everywhere.

6 Manufacturing Trends to Watch Out for in 2016

Cerasis

As we close the year of 2015, we want to take a look at some manufacturing trends for 2016. We look at 6 core areas that manufacturing companies will take a long look at as they gear up for a successful 2016. E-Commerce for Manufacturing. The Internet’s large-scale global penetration has spawned an increasingly large number of technology and web-savvy consumers, creating a huge opportunity for both industrial manufacturers and their end customers.

Trends 191

Procurement Technology – What it can and can’t replace in a Manufacturer’s Journey Towards Supply Chain Resilience and Agility

ivalua

A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. Many of these organizations are already using Source-to-Pay technology and are now realizing more than ever that technology is a “must have” to ensure their supply chain remains resilient and agile throughout a crisis.

Dr. Muddassir Ahmed on Innovation in Supply Chain Education

Requis

On the fifteenth episode of Supply Chain Next, Muddassir talks with host Richard Donaldson about innovation in supply chain management, updating educational curricula, and the accessibility gap he sees in accessing instruction in supply chain best practices. ?. My professional history in supply chain has mostly been in manufacturing and sales and operations planning. Yes, they do product innovation very well, but mostly they are supply chain companies.

Managing Threats And Opportunities With Cognitive Sourcing

LevaData

As digital innovation takes the forefront when it comes to customer experience and engagement, new connections between brand managers, manufacturing, and sources of supply are rapidly emerging. There’s still plenty of uncertainty surrounding this, but one thing is sure – as markets grow more volatile, companies will have to innovate to stay ahead of the game. Geopolitical Uncertainty and New Sources of Volatility. A Changing Competitive Environment.

Steering innovation: The importance of agile decision-making in the auto industry

Kinaxis

Propulsion technology advances, combined with the need to be environmentally responsible, is pushing the industry towards alternative fuel sources, including the electric vehicle. Consumer preferences continue to shape how the automotive industry innovates, and the supply chain is also becoming a critical determinant of overall customer experience. There are more data sources than ever, but there is often confusion about how to best utilize them. by Manda Schweitzer-Miller.

Be more Strategic about Your Supply Chain Sourcing

CH Robinson Transportfolio

A strategic approach to sourcing what you need to keep your business moving can help avoid disruptions and stay competitive in today’s competitive market. A strategic approach to obtaining what you need to keep your business and products moving—whether you’re sourcing raw materials, manufactured accessories, or transportation capacity—can help avoid unforeseen disruptions and create a competitive advantage in today’s changing market.

Trends 2019: Manufacturing

Enterra Insights

Over half-a-dozen years ago, Brookings Institution analysts, Susan Helper, Timothy Krueger, and Howard Wial, asserted, “Manufacturing matters to the United States because it provides high-wage jobs, commercial innovation (the nation’s largest source), a key to trade deficit reduction, and a disproportionately large contribution to environmental sustainability.”[1] Manufacturing trends. The changing manufacturing environment is often described as Industry 4.0

Trends 100

[INFOGRAPHIC] Manufacturing Innovation Hubs Revitalize American Manufacturing

Cerasis

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. Under the guidance of the Department of Commerce/NIST , they developed an infrastructure with dedicated funding to rebuild our manufacturing sector. National Network for Manufacturing Innovation, The Infrastructure of Manufacturing Innovation Hubs.

Four Ways Blue Yonder Continues to Innovate After 35+ Years of Success

BlueYonder

As great as this is, it also poses challenges beyond the simple need for constant innovation. The additional challenge for Blue Yonder is determining how to bring the large customer base along the innovation journey. In fact, at Blue Yonder, we’re constantly innovating.

Customer Experience Driving Innovation for High-Performing Companies

Talking Logistics

Editor’s Note: The following is an excerpt of a research report published last week , “Competing on Customer Experience: The Driving Force Behind Supply Chain Innovation.” The research, produced by Adelante SCM and presented by BluJay Solutions (a Talking Logistics sponsor), was conducted to explore the links between supply chain management innovation, customer experience, technology adoption, and company performance. Logistics Service Providers Focus on Delivering Innovation.

Keeping Sustainability at the Forefront of Packaging Manufacturing

QAD

No manufacturer would be blamed if they put operational sustainability plans on the back burner during the current environment. Yet it seems sustainability will surely survive this moment, which means manufacturers must stay vigilant. .

How to Sustain a Lean Culture in Manufacturing & Supply Chain

Cerasis

Twitter Google+ LinkedIn The post How to Sustain a Lean Culture in Manufacturing & Supply Chain appeared first on Transportation Management Company | Cerasis. Lean Manufacturing Supply Chain lean cultureToday I will discuss how a company can sustain a lean culture once they have implemented lean practices in order to achieve continuous improvement. Your company has started the lean journey, but how do you sustain it? I use a method I call managing for daily improvement or MDI.

Lean 182

Procurement, Industry 4.0, Cybersecurity, Robotics and Automation: The Image of Manufacturing is Evolving.

Cerasis

What makes or breaks a new technology in manufacturing? Mostly, manufacturers demand technologies that can boost their output without causing an additional strain on resources, and the final five technologies changing manufacturing in 2016 did just that. The implementation of robotics and automation was not universal in manufacturing. In other words, some manufacturers continue to resist the trend. Manufacturing Robotics

QAD Cloud ERP 2019 and Other Solution Innovation Highlights

QAD

The goal of all of our innovations is to help provide our customers with the agility they need to effectively respond to the opportunities in their rapidly changing business environments. Additional innovations were made in the areas of sourcing, inventory and order visibility within depot repair and related material management processes. The post QAD Cloud ERP 2019 and Other Solution Innovation Highlights appeared first on QAD Blog.

Drivers of Innovation, Part III: The Right Systems

Arena Solutions

Innovation starts with the right mindset and is amplified by the right culture, as we discussed in our earlier posts. In this post, we’ll take a look at the third and final driver of innovation: the systems that tie everything together. The company founders and executives we interviewed as part of our report on innovation started their business based on this mindset, and it drives everything the organization does. A Deeper Look at What Enables Innovation.

Battery Assault: The Innovation of Batteries “Powering” Automotive Manufacturing & Manufacturing Industries

Cerasis

Modern electronics ratcheted up the demand for portable sources of electric power. The Convenience and Innovation of Light Weight Sustainable Power and Energy. Hearing aid manufacturers needed an affordable light weight battery to create a comfortable unit. This innovation cut the cost of storing electrical energy in batteries by 50 percent. Manufacturing“I sell here, Sir, what all the world desires to have – POWER”, – Matthew Boulton.