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Manufacturing

How Smart Manufacturers Are Navigating Interest Rate Hikes

Interest rates have increased by a historic amount within the last year. Increases of almost 5 points on such an aggressive timeline is already having a significant impact on manufacturers and distributor’s ability to fund and support their business growth.

Supply Chain: Innovate to Thrive in the Next Decade

Originally posted in ASI - Adhesives & Sealants Industry - June, 2023 Innovation allows companies to achieve higher levels of growth, profitability, employee engagement, and success. According to the Global Innovation Index (GII), Switzerland ranks first in the world with the US edging out Sweden for the second position. [...]

What’s Up in the Economy, Business, Manufacturing & Supply Chain?

It is a whirlwind and confusing. Here is a quote that sums it up perfectly: From a salesperson at a client recapping the conversations at a recent industry conference - Everyone is skeptical, but we are all seeing orders and backlog remain pretty robust.

The Road Ahead: Business, Supply Chain & The World Order is Available

Special Report: How Companies Should Reshape to Succeed in 2023 & Take Advantage of Huge Opportunities Coming Down the Pike

Strategies for AI in Manufacturing & Supply Chain

What is All the Hoopla Over ChatGPT? If you haven't been living under a rock, you've heard about ChatGPT and other AI (artificial intelligence) competitors such as Google's Bard and Elon Musk's AI platform. Everyone has gotten into the conversation, from marketing professionals to tech experts to people like [...]

Scheduling Best Practices to Improve Service & Performance

The best companies focus on production scheduling. Even though Production Schedulers aren't typically highly paid positions, the function will make or break your ability to serve customers, improve operational performance and accelerate cash flow. Thus, it should be a key priority if you want to achieve profitable growth.

SIOP / S&OP: Balance Customer Orders, Inventory, & Profitability

If you want to serve your key customers successfully (with high on-time-in-full (OTIF), short lead times, and proactive service) so that you can take advantage of the opportunities coming down the pike while addressing the hard realities of the current business environment (potential recessions, high interest rates, and less access to capital), you MUST balance sales, operations and inventory.

Silicon Valley Bank’s Failure Kicked Off a Liquidity Crisis

Silicon Valley Bank's Failure kicked off panic in the financial markets and banking system. They had too much money tied up in long term bonds paying at low interest rates, and they didn't have the liquidity to keep up with the depositors requests to take money out of the [...]

Manufacturing Opportunities in e-Commerce

Originally published in Brushware, March-April, 2023 According to Insider Intelligence, the US B2B e-commerce sales will be over $2 trillion by 2024. Digital Commerce 360 said that manufacturers’ B2B e-commerce sales have been growing at an annual rate of 16% since 2016 which is almost 1.5 times faster than [...]

Inventory Management: Go Back to the Basics for Success During Today’s Volatility

Volatility is the New Norm If there is one thing that is certain in today's world, it is that volatility and change are the new normal. VUCA (volatility, uncertainty, complexity, ambiguity) is top of mind for every client. For example, clients ask the following questions: What will happen next? [...]

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