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Your inbox quickly fills with concerned emails highlighting rising costs, delayed materials, and your teams urgent efforts to assess the situation and determine the next steps. manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy.
The manufacturing sector is facing unprecedented volatility in global trade, with tariffs becoming the latest in a series of uncertainty drivers that are impacting virtually all industries. Manufacturing plants are deeply entrenched; tied to infrastructure, suppliers, skilled labor, and regulatory requirements.
For senior leaders, understanding and integrating the three pillars of sustainability—environmental, social, and economic—into supply chain strategies is essential. Transportation, warehousing, and manufacturing collectively contribute significantly to carbon emissions, making these areas critical for meaningful change.
Treating suppliers as essential partners in the field of direct spend management—almost like customers—can be a key component of a successful company strategy. Supply Chain Knowledge and Risk Mitigation: Suppliers have a direct impact on direct spend with raw material and transportation costs as two big drivers of operating margins.
For global manufacturers, managing direct and indirect material spend can get very complicated very quickly. Multiple legacy systems prevent procurement from standardizing processes and tracking what they’re spending with each supplier.
Despite these reductions, the industry faces complex economic, regulatory, and technological challenges that impact its scalability. Broadening access to smaller organizations will require continued reductions in cost and improvements in efficiency.
They integrate AI into demand forecasting, inventory optimization, and logistics operations to improve efficiency, reduce costs, and mitigate risks. Companies must react after the fact, often incurring higher costs and reduced service levels. AI-driven logistics optimization has resulted in faster and more cost-effective deliveries.
Reduces Implementation Times Enterprises and supply chain software providers strive to reduce application implementation times. With a data gateway you can automate data operations, reducing the need for manual intervention and improving overall efficiency. Achieving these goals requires visibility into the entire supply chain.
The modern supply chain is a complex network of suppliers, manufacturers, distributors, and customers, all interconnected and reliant on a shared ecosystem of trust and accountability. Environmental Impact: Reducing emissions, conserving resources, and adhering to environmental regulations.
Even global manufacturers –– companies across industrial, automotive, chemical, and energy industries –– are scrambling to mitigate the impacts of labor, material and energy shortages, delays, inflation, and unexpected events. It’s not just small and medium-size businesses that are caught off guard.
The problem is that the reduction of costs within one function does not necessarily drive value. For example, if I improve the cost structure in transportation, procurement, manufacturing and sales independently, what decision support framework decides the right trade-offs? You are right. What should we do?
Fortunately, the expected storm surge never materialized, and landfall narrowly missed the densely populated Tampa Bay area. UVa Health said it is working on reducing any unnecessary waste of IV products, including IV fluids, dialysis fluids, parenteral nutrition, and irrigation fluids.
If you’re evaluating procurement technology or exploring ways to drive more value from existing systems, chances are you’re looking beyond tactical fixes – you want a smarter, scalable strategy. Misaligned priorities across finance, legal, and procurement create friction that delays decision-making and reduces impact.
The manufacturing and distribution industries are on the brink of a transformative era, characterized by unprecedented technological innovation, sustainability imperatives, and global economic shifts. Here are 7 key trends to watch for that will define the future of manufacturing and distribution.
Automotive Supply Chain: Production Shifts and Border Congestion The North American auto industry is among the largest impacted, as Mexico occupies a significant role in parts manufacturing and vehicle assembly. are expected to rise by $3,000 to $12,000 per car, forcing manufacturers to either pass costs to consumers or cut production.
Scaling manufacturing operations is crucial for business growth but presents unique challenges. Balancing increased demand with consistent quality and controlled costs is difficult but essential for manufacturers looking to expand. Successfully scaling manufacturing requires more than just adding resources.
They emphasized being an Industry Cloud Complete Company with industry-specific solutions for over 2000 micro verticals across Process Manufacturing, Distribution, Service Industries, and Discrete Manufacturing. The strategy strongly focused on enabling customer success and accelerating innovation.
Throughout 2024, manufacturers were on a high-speed journey packed with technological advancements. That pace is set to continue in 2025 as ERP systems continue to transform the way manufacturers operate. An ERP strategy to optimize the potential of the innovations on offer is critical for manufacturers across the globe.
Reduces Implementation Times Enterprises and supply chain software providers strive to reduce application implementation times. With a data gateway you can automate data operations, reducing the need for manual intervention and improving overall efficiency. Achieving these goals requires visibility into the entire supply chain.
From raw material sourcing to logistics and regulatory compliance, stakeholders across the value chain will need to prepare for structural adjustments. The resulting increase in demand may place pressure on agricultural producers and extract manufacturers to scale operations. Reformulation is not a one-to-one ingredient swap.
By applying the ISO OSI (Open Systems Interconnection) seven layer model, traditionally used in networking, to logistics, businesses can achieve a structured framework that enhances communication, reduces friction, and improves collaboration throughout the supply chain. Here’s how each layer translates to the supply chain context: 1.
Oracle’s recent global survey, No Planet B: How Can Businesses and Technology Help Save the World? It might seem overwhelming, but supply chain is one of the first places you can make improvements, because every aspect—from manufacturing to transporting goods has a sustainability component. The challenge of change.
Manufacturers are shifting to on-demand production to align output with real-time demand. By producing only whats needed, when its needed, they eliminate the burden of forecasting errors and reduce warehouse dependency. Powered by digital tools, on-demand strategies offer a cleaner, more responsive path to production.
The formula for OTIF is: Measuring a supply chain against OTIF metrics is a key strategy that helps decision makers attach a tangible value to the success of their fulfillment and allows them to determine key strategies. Without re-stocks, optimizing fulfillment from the right location is more important than ever.
Warehouse Robotics: Systematic Redesign of Core Functions Warehouse operations have historically relied on manual labor for tasks such as picking, sorting, inventory management, and material handling. Automated Guided Vehicles (AGVs) follow predefined routes and are well-suited for repetitive, fixed-path material transport.
The past year and a half saw manufacturers face unprecedented challenges resulting from global disruptions, to which they responded by repurposing or developing new product lines, reconfiguring their plants and restructuring their supply chains in order to meet changing demands and keep afloat amidst uncertainty.
By maximizing space utilization, improving inventory control , and boosting workflow efficiency, you can unlock significant cost savings and elevate your customer service game. In this comprehensive guide, we’ll explore the key elements of warehouse optimization and provide actionable strategies you can implement today.
Infor’s CEO, Kevin Samuelson Infor’s strategy for differentiating their business from competitors like SAP and Oracle rests on a truly differentiated approach to ensuring that their customers get ongoing value from the business applications they purchase. Infor, with anticipated revenues of $3.4 We just want them solved.”
Molex is a global electronics manufacturer that makes and sells over 100,000 distinct products – connectors, cable assemblies, and a wide variety of other products. 18,000 suppliers ship 70,000 different types of parts to 72 Molex manufacturing plants across the globe. Getting the buy-in of the material managers helped with this.
The combined expertise of Nauto’s advanced fleet safety technology and Beans.ai’s cutting-edge routing solutions optimizes last-mile operations, reduces delivery times, and improves overall fleet management. A key supply chain challenge is securing a steady, cost-effective supply of iron, the core material of the batteries.
Businesses are recognising the need to become good corporate citizens, as well as prepare for regulatory schemes that may require them to reduce carbon emissions. How to Reduce Carbon Emissions in Your Supply Chain 1. Transportation Networks and Modal Shifts A good transportation strategy is one of the best ways to reduce emissions.
Steel is a very versatile material as its composition and internal structure can be adjusted to tailor its properties. There is another important aspect of this material: recyclability. Steel is one of the most recycled material in the world. The graphic above highlights key metals manufacturing trends that are in place today.
The manufacturing industry faces many challenges, such as a skilled labor shortage, supply chain instability, and inventory management issues. GlobalTranz works with manufacturing shippers every day to move their goods and streamline their logistics strategies. 5 Challenges Facing Supply Chain Managers in Manufacturing.
Let’s take a closer look at how four key industries—automotive, consumer packaged goods (CPG), high tech, and industrial manufacturing—are navigating the tariff rollercoaster and adjusting to the shifting landscape. Solution: Real-time scenario planning combined with agile sourcing strategies to maintain supply chain continuity.
In a recent interactive session, Heatherly Bucher, Director of Strategic Alliances at Arena by PTC, sat down with Anna-Katrina Shedletsky, CEO and Co-Founder of Instrumental, to unpack the evolving landscape of tariffs , manufacturingstrategy, and supply chain resilience. The Response to Wavering U.S.-China
Factors such as geopolitical shifts, extreme weather events, raw material shortages, and infrastructure challenges can significantly impact operations. Effective demand planning also optimizes inventory levels, reducing costs associated with storage and carrying inventory.
In recent years, global manufacturing and supply chain operations have undergone a significant shift. To achieve greater product differentiation and reduce expenses, companies are outsourcing design and development work to contract manufacturers (CMs) and other domain experts. Moreover, U.S.
That’s exactly what Kyle Krug , Vice President of Corporate Strategy & Marketing at Legacy Supply Chain Services, suggests. The SAP staff explains, “The good news is that you can now leverage smart technologies and tools to better power increasingly sophisticated supply chain optimization strategies.”
At one of the demo booths, what stood out was the ability of the procurement solution to track savings leakage over the course of a contract. When a procurement contract is negotiated, the buyer has planned to achieve a certain level of savings. However, those savings can leak away in several different ways.
Technology can automate role-based views up and down the river of demand for all roles: marketing, sales, finance, manufacturing, procurement, transportation, and human resources. Thse strategies need to be designed in the strategic and tactical time horizons and then deployed through S&OP planning and execution.
Explore supply chain strategies for navigating tariff uncertaintyand learn about how Resilincs AI agents for tariff disruption are changing the game. What was a stable sourcing strategy yesterday may be obsolete today. cutting tariffs on Chinese imports from 145% to 30% for 90 days. The result? Rethink location With U.S.
Hospital chains’ approach to procurement lagged far behind the practices employed by manufacturers, retailers, and distributors. “We The net result of that was about $100 million in savings over the course of 10 years. In manufacturing, engineers are typically at the top of the food chain. These are great results.
Misaligned priorities, siloed systems, and unclear ownership can directly impact key performance indicators like cost savings percentage and procurement cycle time. Lack of shared data, visibility, and KPIs leads to disconnects, including poor supplier performance tracking and missed savings.
a leading global supplier of mechanical components for the manufacturing industry headquartered in Japan. The manufacturing and supply chain industries are rapidly evolving and increasingly volatile, fueled by shifts in global tariff and trade policy, geopolitical uncertainty, logistics disruptions, and technology developments.
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