U.S. labor productivity soared at a 4.9% rate in the most recent quarter as compared to the typical annualized rate of 2% during the current business cycle. We are seeing productivity gains across the board as manufacturers utilize predictive processes such as SIOP and advanced technologies such as AI, robotics, and the automation of processes and better utilization of ERP.
For companies to be profitable, demand and supply must be closely aligned. When they are not, inefficiencies, excess inventory, missed shipments and margin erosion follow. In this Supply Chain Byte, Lisa Anderson explains why aligning demand and supply is key to an efficient supply chain—and why the most effective way to achieve it is through a disciplined SIOP process.
Manufacturing has been in contraction for the last few years, while geopolitical risks are heightened and tariffs have created additional uncertainty, yet the future is starting to look bright. Investments and expansions are picking up. The most successful manufacturers will position for success by preparing for opportunities, mitigating risks and building resiliency and capabilities.
As we close in on year-end, successful manufacturers are focused on executing proactive plans. Learn about the strategies the best companies are using to accelerate the pace and separate from the pack. The ability to scale, provide customer value and gain EBITDA will drive success in the New Year.
In this Supply Chain Byte, Lisa Anderson explains why manufacturers must upskill their workforce not only to improve efficiencies and reduce low-level work done by highly skilled employees, but also to preserve critical knowledge as Baby Boomers retire.
What's trending in manufacturing was highlighted at the Valve Manufacturers Association (VMA) Annual Meeting. From discussions on utilizing AI to what's trending in water, data centers, geopolitics, supply chain and foundries, we provide highlights, stats, and implications for the future of manufacturers and extended supply chains.
Disruptions rarely stay contained and aluminum is a clear example. In this Supply Chain Byte, Lisa Anderson explains how challenges in one material can ripple through the entire end-to-end supply chain, affecting the largest of manufacturers.
As companies are concerned about declining backlogs, they are searching for solutions to keep top talent and stop the bleeding. Executives are using SIOP to maximize margins while preparing to scale up successfully for a manufacturing resurgence.
As companies navigate tariffs, geopolitical risks and high interest rates, there is an emphasis on reducing costs and inventory levels to free up cash and maintain profit levels while successfully serving customers’ ever-changing needs. The most successful companies are upgrading their planning processes and rolling out automation and advanced technologies.
Industrial automation is no longer optional—it’s the foundation for competitiveness and profitability. In this Supply Chain Byte, Lisa Anderson shares what manufacturers must consider when investing in automation to boost efficiency, improve responsiveness and stay ahead in a rapidly changing marketplace.
