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Additive Manufacturing continues to Mature

Enterra Insights

For nearly a decade, pundits have been touting the transformative effects of additive manufacturing (aka 3D printing). ”[1] Most analysts include additive manufacturing in their list of technologies that collectively are fostering the next industrial revolution, which is often referred to as Industry 4.0.

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The Pullback From China: Will it Be Harder for SMEs?

Logistics Bureau

Whether to relocate supply or manufacturing from China to another low-cost country or switch to a near-shoring or re-shoring strategy is not a decision to take lightly. Nike: The world-famous sportswear brand has been moving manufacturing from China to some African and Southeast Asian countries.

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Industrial IoT: Supporters and Skeptics

Enterra Insights

Jordan Appleson ( @jordanisonfire ), CEO at Hark, explains, “A subset of IoT is the Industrial Internet of Things which refers to creating interconnections between industrial equipment, facilities, personnel and processes. .”[1] ”[4] There are numerous reasons manufacturers should consider implementing IIoT systems.

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10 Must-Watch Negotiation Movies: Master the Art of Persuasion with These Gripping Films

SCMDOJO

Negotiation, a crucial skill in the realms of business and procurement, demands the ability to remain calm, collected, and confident even in the most challenging situations. These films were chosen to inspire and educate both aspiring negotiators and seasoned procurement managers.

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What Is LIFO and How Can It Be Used?

ShipBob

Imagine this scenario: Jordan operates an online furniture company that holds luxury furniture inventory in a large warehouse. Recently, Jordan purchased 20 sofas at $1500 each and six months later, another 20 of the same sofa at $1700. . When Jordan opened the business, he decided that LIFO made the most sense.

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COVID-19 accelerates four trends and changes within global supply chains

Proxima

2020 has introduced new logistical blueprints to follow and the push to get work done with fewer employees has grown exponentially as social distancing directives continue to influence the nation’s manufacturing. Lockdowns have given a new edge to e-commerce as returns for online purchases tend to be three-fold compared to in-store purchases.

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Wholesale Ecommerce Explained + 5 Best Platforms for Wholesale

ShipBob

In other words, you function as an intermediary between the retailer and the manufacturer. It also benefits manufacturers, in that they don’t have to worry about finding sellers who will distribute their products to end consumers. . That means you can procure goods at a much lower rate than a retail ecommerce business.