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 total manufacturing sales. The opportunity is [...]
Supply chain has become an excuse. Although there has certainly been a slew of supply chain challenges that carry on with baby formula shortages, rail backlogs, computer chip issues, hurricane induced delays, fertilizer scarcity, and China’s zero-COVID policy delays, supply chain should no longer be the excuse. Only the [...]
Inflation, material shortages, and shifting demand are reshaping manufacturing. Learn how collaborative planning, supplier alignment, and production scheduling helped one manufacturer improve profitability and grow market share.
Manufacturers utilize less than 20% of the full functionality of their ERP systems. But the key question is, why does it matter? In today’s inflationary and supply chain disrupted business environment, manufacturers need to automate and digitize to ‘do more with less’ and thrive during these volatile times. One important way to achieve this goal is to further leverage your ERP system where it will make a difference.
"Proactively managing cash flow is critical right now," says Lisa Anderson, president of LMA Consulting Group, Claremont, Calif. This can be done by running periodic forecasts.
Manufacturers are experiencing continued inflationary pressures threatening customer service and profit margins with record-breaking price increases and lack of material availability. To add fuel to the fire, they are also starting to worry about preparing for a potential recession.
Inflation and supply chain volatility are putting increasing pressure on manufacturers to make faster, smarter decisions. Learn how resilient companies use SIOP to align demand, capacity, inventory, and profitability so they can adapt quickly, strengthen cash flow, and position themselves for long-term success.
Rapid growth creates opportunities, but manufacturers need the capacity and planning capabilities to deliver. Strong demand, capacity, production, inventory, and materials planning — supported by SIOP and what-if scenario analysis — helps companies anticipate constraints, improve customer service, and scale profitably.
Supply chain disruptions aren't going away. Manufacturers that proactively strengthen resiliency, rethink supply networks, improve planning, and adapt to changing customer demand will be better positioned to thrive in the next normal.
There will a resounding resurgence of manufacturing near-term. According to a new report from The Reshoring Initiative®, reshoring broke records in 2020 and exceeded foreign direct investment (FDI) for the first time since 2013. Not only did it beat FDI, but it beat it by nearly 100%! Also, according to the National Association of Manufacturers (NAM) [...]
