Manufacturing promotes safety and security and mitigates risk. Controlling your supply chain and mitigating geopolitical risk can become paramount overnight as geopolitical events occur, natural disasters emerge, and supply chain challenges arise (strikes, disruptions, shortages).
Enterprise resource planning systems, CRMs and other tech such as RFID, barcoding, customer and supplier portals, blockchain, IoT, and GPS tracking all support this goal.
According to Polaris Market Research, the market size of artificial intelligence (AI) in manufacturing is predicted to grow more than 41% during the next decade. Although the latest Sikich Industry Pulse found that less than 20% manufacturers have started to implement AI [...]
- Manufacturing Trends: Maintaining A Competitive Edge – SelectHub GalleryData Analytics & Business Intelligence, ERP & Related Technologies, ERP & Technology, In The News, Manufacturing, Media, Robotics & Automation, Supply Chain Technologies
Pay alone will not suffice. In our experience, the most important priority to retaining top talent is company culture and leadership.
Although production and materials planning can be overlooked in its importance in most companies if going smoothly, it is cornerstone to success.
- SIOP / S&OP: Proactive Approach to Maximizing Production Output & Capacity GalleryCapacity Planning, Manufacturing, Manufacturing Scalability & Resource Planning, SIOP - S&OP, SIOP Execution - S&OE, SIOP Planning & Execution, Supply Chain Planning
Clients are struggling to keep up with customer's changing requests. Order backlogs remain relatively high (depending on the industry), but customers are pushing orders out at the last minute, pulling orders in without notice, adding future potential orders, and changing requirements on the fly. Production is scrambling to keep up.
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%.
Automation is coming, whether or not we get on board. Most executives do not want to be the guinea pig for new technology as they cannot afford disruption and risk.
Production planning software is a manufacturing solution that helps you plan for and supervise essential workflows in the production process. Lisa Anderson gives her tips on what you should look for.
- Supply Chain Optimization Remains a Priority as the Panama Canal Worsens GalleryGlobal Trade, Geopolitics, & Import/ Export, Manufacturing, Reshoring/ Nearshoring, Supply Chain, Supply Chain Management, Supply Chain Trade & Logistics
40% of the goods movement from Northeast Asia to the U.S. East Coast go through the Panama Canal, and so the Panama Canal issues are driving shortages, late deliveries, and re-routing of goods.