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.
Priorities that power the triple bottom line of social, environmental and financial performance are gaining momentum. Sustainable advancements, smart manufacturing and advanced technologies such as artificial intelligence are trending as they can deliver win-win improvements, supporting profitable growth and success.
Geopolitics have been driving significant changes in supply chains. For example, stemming from the China threat, GM has just announced that it wants parts makers to pull supply chains from China. As supply chains evolve, it creates an expansive effect. As companies evaluate supply chain network changes, there are many items to take into account
In this Supply Chain Byte, Lisa Anderson explains recent breakthroughs in quantum computing, how supply chains can leverage this powerful technology and what manufacturers can do now to prepare and take advantage of these and other emerging technologies.
Manufacturers must reexamine the role of technology and data in driving real-time business performance. Markets shift, demand changes and supply disruptions emerge overnight. The best-performing manufacturers are those that can plan and pivot because they trust their data, have optimized ERP and utilize SIOP.
During volatile times of heightened uncertainty, companies typically batten down the hatches to save money and avoid rocking the boat. As the business outlook pivots to the positive, demand will be stimulated, providing huge opportunities for those companies prepared to scale rapidly with AI and advanced technologies and serve customer needs.
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.
The most successful companies are better utilizing ERP to automate processes, enhance customer value and better prioritize resources to support growth and scalability. Every company can better utilize their ERP system to drive bottom line results. Thus, we review top ways to better optimize ERP including a case study.
Taking your supplier / customer relationships to the next level of partnership is integral to supporting profitable growth with exceptional customer service and cash flow (ie. inventory turns) levels. Vendor managed inventory (VMI) can be integral to maximizing revenue/ service, profitability, and working capital.
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.
