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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.

Will COVID-19 Lead to More U.S. Manufacturing?

Talking Logistics

Will the COVID-19 crisis lead more companies to manufacture and source their products and materials from the United States instead of China and other countries? Manufacturing? Manufacturing? appeared first on Talking Logistics with Adrian Gonzalez. Global Trade Industry Trends China COVID-19 global trade Indago local sourcing reshoring US manufacturing

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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.

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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

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4 Key Trends to Watch in Smart Manufacturing and Supply Chain

Cerasis

The advancements in 3D printing and 'Additive Manufacturing,' coupled with supply chain efficiencies, could make distributed manufacturing a reality, ushering in the era of smart manufacturing. The Continual Coverage and Now Reality of Smart Manufacturing with 3D Printing. I remember reading an MIT paper on manufacturing technology trends a couple of years ago. Smart Manufacturing will Make Supply Chains Demand Driven not Forecast Driven.

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. Stay ahead of the game learn the trends shaping the industry.

Logistics Trends Part 2

BluJay Solutions

First Trend: Yield Dilution. One of the longest term trends in the industry has been dilution of yields, which means that forwarders have to work harder to maintain their revenues. Global manufacturers have found ways in which to flex their supply chains to utilize lower cost sea freight rather than more expensive air cargo. Second Trend: Relationship with global trade. The post Logistics Trends Part 2 appeared first on Kewill Inc.

How COVID – 19 Might Shape the Future of China Sourcing and Manufacture

Logistics Bureau

COVID-19 and the Future of China Sourcing and Manufacture. But global dependence on Chinese manufacturing is mind-boggling…. The overriding reason for this China-dependence is the cost factor, and weaning manufacturing away from that country comes at a hefty price. China produces most raw materials used in product manufacturing, so even if companies move product assembly elsewhere part of their supply chain will remain in China. Covid 19 Global Sourcing

2016 Supply Chain Trends: 7 of 12 Trends that Will Drive Supply Chain Management in 2016

Cerasis

As we head into a new year it is a good time to take a look at the coming year and see what it may hold in the way of trends. We kick off today a month-long focus on trends in the following categories: Manufacturing, Manufacturing Technology, Supply Chain, Logistics, and Transportation Management. We have already covered the top 6 trends for 2016 in manufacturing. 2016 Supply Chain Trends: The First 7 of 12.

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Supply Chain And Logistics Trends That Could Be Big In 2020

Logistics Bureau

Rob O’Byrne makes an early start with his round-up of supply chain and logistics trends that might make industry headlines in the coming year. His observations include trends in first and last-mile logistics, and the increase in SMEs entering global markets. 2020 Supply Chain and Logistics Trends: What’s Around the Corner? I was a little late getting started in 2018, and we were already into 2019 when I got round to publishing my usual trends article.

Logistics Trends Part 3

BluJay Solutions

Third Trend: Regionalization, Near-sourcing and Emerging Markets. . Also in terms of changing patterns of goods flows, it seems that manufacturing and retailing is making a return from globalization to regionalization of supply chains. At the same time, near-sourcing is becoming more important. This involves repatriating manufacturing from remote locations such as China to regions closer to the end consumer market.

Steel Fabrication and General Manufacturing Tips and Tricks for 2015

Cerasis

Now is the Time for Manufacturing to Look at Logistics Efficiency. By adopting a logistics efficiency management approach, logistics related costs as a percentage of sales drops to 4% to 7% depending on industry sector. The source pointed to several trends that are encouraging the adoption of TMS, including better control of data, more comprehensive analysis and the need to support omni-channel supply chains. Manufacturing manufacturing tips

26 logistics professionals reveal the biggest trends in logistics technology

6 River Systems

Logistics can be traced all the way back to the Greek and Roman empires , but it’s undergone several major transformations as new technologies provide opportunities to more efficiently manage the movement and storage of goods. In the digital transformation age, logistics is once again undergoing a major shift. These technologies also contribute to a rise in big data and analytics in the logistics field. ” Meet Our Panel of Logistics Pros: Brian Jessup.

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 manufacturers optimize their inventories

ToolsGroup

Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions (that's him on the left), sat down with me to discuss how manufacturers optimize their inventories. Colin: What are some of the global trends currently impacting demand modeling, supply chain planning, and supply variability? But that’s not the only shift in manufacturing. So, the biggest piece of an implementation can be cleaning up the source data.

Four Critical Steps for CPG Manufacturers to Compete After a Crisis

DynaSys

The same concept works for business and manufacturing. As the world sorts through life with COVID-19 and trying to plan for the aftermath, many Consumer Packaged Goods (CPG) manufacturers and suppliers are developing and implementing risk management policies and procedures.

Podcast: Rob O’Byrne on Digital Transformation, Sustainability, and Diversification in Sourcing

Requis

Supply chain and logistics consultant, educator, and podcast host Rob O’Byrne has over 40 years of supply chain experience. He has been helping companies design more profitable supply chains for over 25 years, most of them as founder and CEO of Logistics Bureau.

Five Trends That Excite Me!

Supply Chain Shaman

Here I share insights on the work we are doing on the Network of Networks, and Five Trends that Excite Me. At this small session we will explore these new trends: What is the role of blockchain in the future of building value networks? Could we use Open Source Hadoop to process transactions across all networks with powerful in-memory processing? Five Technology Trends That Excite Me. Here are several promising trends to consider. Holiday travel.

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How manufacturers optimize their inventories

ToolsGroup

Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions (that's him on the left), sat down with me to discuss how manufacturers optimize their inventories. Colin: What are some of the global trends currently impacting demand modeling, supply chain planning, and supply variability? But that’s not the only shift in manufacturing. So, the biggest piece of an implementation can be cleaning up the source data.

The Changing Face of Manufacturing: How US Manufacturers are Looking Homeward

Cerasis

This is the first post in a two part series on the “Changing Face of Manufacturing.” ” We have many manufacturing shipper customers, and we love to create content of value for them on such subjects as best practices in logistics or trends around the supply chain. This series’s aim is to educate on what we see coming down the pipeline in the world of manufacturing.

Supply Chain and Logistics Predictions for 2016

Talking Logistics

Google did not acquire a third-party logistics (3PL) company or a logistics software vendor. Making supply chain and logistics predictions is like throwing darts at a moving target. When making predictions, it’s easy to look at recent trends and simply project them forward. But this assumes that the factors behind those trends will remain the same, which is often a false assumption. The Case for Competing on Logistics Talent.

Procurement Logistics: What Is It & Where Do Logistics Providers Fit In?

Cerasis

For example, transportation management often focuses on the journey of products after manufacturing. Although procurement logistics might sound like it involves the purchasing of manufactured products , it is much more involved. The Definition of Procurement Logistics. The simplest way to think of procurement logistics is the procurement of materials needed to manufacture products. Where Do Logistics Providers Come Into Play With Procurement Logistics?

The Key Coffee Industry Trends For 2021 & Beyond

Unleashed

However with Covid-19 slowing both production and demand, and disrupting the global supply chain, the global coffee industry has stalled in recent months – and seen new trends take hold. At time of writing, our data sources are unable to provide an accurate picture of the size of the NZ coffee market in a post-Covid-19 world. At time of writing, our data sources are unable to provide an accurate picture of the size of the Chinese coffee market in a post-Covid-19 world.

Defining Your Own Logistics Competitive Weapon

Talking Logistics

For a long time, C-level executives viewed supply chain management, especially the logistics function, as a cost center. You have to think and act beyond cost manage and find ways to leverage supply chain and logistics as a competitive weapon — that is, look for ways to leverage supply chain management to drive top-line growth, increase market share, and enhance customer loyalty. Source: “Tech in Asia” – https://www.techinasia.com.

Local Sourcing, Global Supply Chain

BluJay Solutions

The recent announcement by Google-owned Motorola Mobility that all new Moto X smartphones sold in the US will be manufactured in Texas, highlights the continued importance of the global supply chain and role of freight forwarders and logistics services providers (LSPs) in successful local sourcing strategies. Subscribe to our blog to receive the full blog series via email and stay informed about the latest global logistics news and insight. .

Trends and Predictions 2020: Supply Chain

Enterra Insights

Predictions are normally based on how specific areas are going to respond to current trends. Simon Ellis, Vice President of IDC Manufacturing Insights, observes, “The supply chain continues to undergo almost unparalleled levels of change. Supply chain trends. As I noted above, predictions are normally based on how specific areas are expected to respond to current trends. Each trend emerges from a different Digital Age technology.

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The Trends Shaping Supply Chain and Logistics: Takeaways from Descartes Evolution 2017

Talking Logistics

Drones and its future in supply chain and logistics processes. Logistics Excellence: Now & in the eFuture. Before diving into some takeaways from the sessions I attended and participated in, here are some high-level stats about Descartes (a Talking Logistics sponsor): Descartes is now a $200M+ company and continues to grow. What is the #1 technology topic Descartes CEO Ed Ryan gets asked about?

2019 Transportation Industry Trends

GTG Technology Group

6 Transportation Industry Trends to Look for in 2019. Transportation professionals seeking to stay on top of trends in the industry look to implementing these trends. Below are the notable trends for 2019. Allowing the analytics to drive making decisions about the risks and costs of tariffs, suppliers, manufacturing and logistics. As it stands, current trend of industry “disruption” is also going to affect the transportation industry.

Data and Digitization in Manufacturing

Enterra Insights

Manufacturing has been the lifeblood of the global economy for hundreds of years. Because manufacturers have historically moved factories to regions featuring cheap labor and few regulatory restrictions (sometimes referred to as outsourcing or offshoring), a misconception has arisen about the importance manufacturing to national economies. ”[1] Manufacturing becomes even more relevant to advanced economies thanks to data and digitization.

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Top 5 Trends to Know to Compete with Amazon’s Supply Chain

Cerasis

Aside from the new administration, Amazon’s supply chain continued push deeper into new and existing markets will define additional trends in the supply chain throughout the coming year. Fortunately, these five trends may alleviate some of the strains of competition by giving supply chain partners an advantage in the global market. Top 5 Trends to Know to Compete with Amazon’s Supply Chain. Upon identifying these trends, a correct forecast of supply demands can be generated.

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Real-Time Monitoring Fuels IoT Growth In Manufacturing

IQMS

72% of manufacturers say real-time monitoring is essential for streamlining and making inventory reconciliation more efficient. Manufacturers in the high-performance cohort captured in our latest survey are using real-time monitoring to aggregate metrics and gain a 360-degree view of manufacturing operations accessible from any mobile or handheld device. Source: Capgemini Internet of Things (IoT) study, Unlocking the business value of IoT in operations.

Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

SUMMARY: Because 4PL providers handle a company’s entire chain, including challenges that are thrown up by advances in technology, they are increasingly being favoured over third-party logistics (3PL) providers, especially by big companies with complex supply chains. Healthcare Logistics.

[INFOGRAPHIC] Procurement Trends: Carving a Bigger Role in Supply Chain & Manufacturing

Cerasis

The Industrial Revolution helped change and bring prosperity into the world of manufacturing. As time passed, procurement gradually gained a larger role in the scope of manufacturing and order fulfillment. However, modern technologies are dramatically changing procurement trends and how procurement professionals operate and their role in the company. Why Is Technology Driving Procurement Trends and the Role of Procurement?

Ripped from the Headlines: More Supply Chain Trends in the News

Talking Logistics

We’re less than a month into the new year and already some of my supply chain and logistics predictions for 2017 are starting to surface — namely, that we’ll see companies get more serious about eradicating slavery and conflict minerals from their supply chains, and that we’ll see a rise in cyber attacks, with supply chain and logistics operations becoming new targets.

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The State of Supply Chain Trends Part II: AI, Procurement, & the New Lean

Cerasis

The State of Supply Chain 2016 Trends. Consequently, all processes, including inventory management, logistics, data analytics and ongoing performance management, as reiterated by the staff of Supply Chain 24/7, improvement, can be optimized, creating a more efficient, direct and intelligent supply chain network. Most importantly, agile methods allowed for faster decision making across a virtually limitless stream of issues, and this trend held true throughout the year.

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