The world has never experienced a labor shortage quite like the one we are experiencing. According to the Bureau of Labor Statistics, employment growth will average .3 over the next decade; however, labor participation will drop from 62.2% to 60.4%.
A lack of visibility, labor shortages, and surging shipping costs make navigating the supply chain feel impossible.
CLAREMONT, Calif., April 3, 2024/ExpertClick/—The key to positive artificial intelligence (AI) integration is to explore opportunities and understand where this technology can best be used, according to The Society for the Advancement of Consulting® (SAC). Organizations that start the process now will gain a clear advantage of scale, having [...]
If there is one thing in common with every client (big or small) in the current business environment which is characterized by significant volatility and uncertainty, it is the increased level of complexity of supply chains. As the old saying goes, you are only as strong as your weakest link in your supply chain!
Challenges of Integrating Technology Across Supply Chain - Pac Rim/ North America Perspectives
Watch and listen as Jane Tierney – Founder of Purple Link talks about innovative ways to reduce costs and risks in block chain technology.
The adoption of technology accelerated tenfold during the pandemic," points out Lisa Anderson, president of Claremont, CA based LMA Consulting Group, Inc and manufacturing expert known for creating supply chain resiliency.
The technological transformation is occurring at an unprecedented pace. What was expected to happen by 2035 is in process now. Industry 4.0 has taken manufacturing and supply chain by storm. Executives are realizing that they must upgrade their technological infrastructure to thrive. Which technologies are gaining momentum in supply [...]
As I wrote in this month's Brushware magazine (page 20), manufacturing is trending to digital. We were already on this path the last few years, and it accelerated 5 fold during COVID. According to the Hackett Group, 77% of companies have strengthened their commitments to digital transformation [...]
Although much is in doubt as we go into 2021, there is one area that is certain. Manufacturing, supply chain and technology will be prominent, essential and progressive. According to Bloomberg, an Institute for Supply Management gauge of factory activity unexpectedly increased to 60.7 from 57.5. To support vaccine [...]
