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Manufacturing is on the cusp of an explosion in growth and innovation in 2018. Regulatory reform has been top-of-mind for supply chain executives and political leaders in the US since the 2016 election. These facts set the stage for exponential manufacturing growth in 2018. Check Out the Top 2018 Manufacturing Trends.
of revenue on information technology (IT), only six percent of manufacturers drove performance at the intersection of growth and margin. Average performance in 2016-2019 across twenty-seven manufacturing sectors on inventory turns, Return on Invested Capital and operating margin was worse than in 2012-2015. Rise in Inventories.
2016 - $7 billion. Simply using common calendar tools, such as Google, means you are using the IoT, but the Industrial Internet of Things (IIoT) leads to the use of connected, smart devices to reduce inefficiencies, delays, and inaccuracies throughout the product lifecycle, including procurement as well. Transportation Management.
Source: J.P. Global Manufacturing PMI Global Trade as a Barometer Clearly domestic business activity is much larger than international trade. But cross-border trade is an important part of the global economy and much of this trade is in physical goods that must be stored, shipped, transported, and eventually consumed.
The Industrial Revolution helped change and bring prosperity into the world of manufacturing. As time passed, procurement gradually gained a larger role in the scope of manufacturing and order fulfillment. Why Is Technology Driving Procurement Trends and the Role of Procurement?
As we close the year of 2015, we want to take a look at some manufacturing trends for 2016. We look at 6 core areas that manufacturing companies will take a long look at as they gear up for a successful 2016. E-Commerce for Manufacturing.
What makes or breaks a new technology in manufacturing? Mostly, manufacturers demand technologies that can boost their output without causing an additional strain on resources, and the final five technologies changing manufacturing in 2016 did just that. billion respectively in 2016. billion respectively in 2016.
Background on Ocean Transport. Value networks do not interoperate and the business leader trying to track shipments must manually sync multiple data sources to get to answers. Manufacturers build “control towers” but there no network dial tone between parties to enable prescriptive analytics and alerting.).
On September 7th 2016, a relatively unknown person became the richest man on the planet during two days before Bill Gates reclaimed his title (recently overtaken by Jeff Bezos). Local Manufacturing: Zara presents a drastically different approach than its competitors. Spare Capacity.
Today, we wrap up our series on the top 5 blogs in our 4 main categories ( Freight , Manufacturing , Logistics , and Supply Chain ). Our last post covered the Top 5 Supply Chain blogs of 2016. Today's post will cover the top 5 Transportation Management blogs from 2016 so far. 6 Transportation Management Trends for 2016.
Manufacturers are set to invest up to $70 billion in the Industrial Internet of Things ( IIoT ) by 2020, reports John Greenough of Business Insider. Previous Applications of the Industrial Internet of Things in Manufacturing. Previous Applications of the Industrial Internet of Things in Manufacturing.
How often do you hear the term, “productivity in manufacturing?” Today we will talk about how supply chain mobility will aid in this pursuit, but first let's take a look at what it means to manufacturers. Each of these definitions applies to a manufacturer’s ability to produce a surplus of a product.
This is the first post in a two part series on the “Changing Face of Manufacturing.” ” We have many manufacturing shipper customers, and we love to create content of value for them on such subjects as best practices in logistics or trends around the supply chain. Drop in the price of crude oil.
Technology advancements were among the most exciting topics to watch through 2016. Newer technologies have created entirely new methodologies for improving manufacturing, and the outlook is brighter than ever. Predictive Analytics Became Commonplace to Manufacturing. Augmented reality is essentially identical to virtual reality.
We kick off today a month-long focus on trends in the following categories: Manufacturing, Manufacturing Technology, Supply Chain, Logistics, and Transportation Management. We have already covered the top 6 trends for 2016 in manufacturing. 2016 Supply Chain Trends: The First 7 of 12.
From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. The State of Supply Chain 2016 Trends. A 2016 Accenture survey, reports RF Gen , explained how more companies are taking advantage of AI benefits through linked supply chains.
How the Internet has transformed the manufacturing and order fulfillment process is no small secret. However, the realm of e-commerce for manufacturing companies is rapidly growing, and modern manufacturers are starting to see a shift from business-to-consumer (B2C) sales to business-to-business (B2B) sales.
Logistics & SCM, PLM, Manufacturing, and Procurement2016. Date: 22-24 June, 2016. URL: sapinsiderevents.wispubs.com/2016/Vienna/SCM-PLM-MFG-Procurement-CRM/. Get lessons on how to drive collaborative commerce across procurement processes. Venue: Austria Center Vienna, Austria.
This year looks like it's going to be one of the most innovative years for manufacturing technology. Purchasing and supply executives predict that the global manufacturing industry will continue to expand. and Chinese manufacturers. 4 Technologies Changing Global Manufacturing, As Told in 4 Infographics.
Today marks the official halfway point of 2016 and that means it's time for our "Top Posts for the first half of the year" annual event. We will feature our 5 main categories all week: Logistics , Manufacturing , Supply Chain , Transportation , and Freight. 5 Most Popular Freight Blog Posts of 2016.So We hope you enjoy!
As product flows rapidly shifted and hard baked assumptions about lead times and sourcing locations were put to test, users across many organizations bypassed their planning systems and turned to excel sheets, internal data science teams or non-traditional supply chain vendors who could deliver AI based solutions at a faster turn.
The Top 6 Trends in Logistics Impacting Shippers in 2016. According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025. There was a time when buying a computer was considered a once-in-a-decade purchase, if not once-in-a-lifetime. The Amazon Barbell Will Gain Power.
ARC defines the warehouse automation market according to a number of qualifications and dimensions to deliver a well-defined measure, with numerous segmentations, allowing those that purchase the research to understand what is being measured, and to easily extrapolate the findings to support their strategic planning needs.
Yesterday we began our two part series on 2016 supply chain trends that will drive supply chain management into the future. If you missed the first post, we encourage you to give it a read by visiting the first seven 2016 supply chain trends post here. . Supply Chain Trends 2016: 5 Additional More Areas of Focus.
Industry Week, March, 2016). Twitter Google+ LinkedIn The post How to Sustain a Lean Culture in Manufacturing & Supply Chain appeared first on Transportation Management Company | Cerasis. Flex is eight (8) years into its Lean journey. The Flex CEO, and board members are corporate leaders of this competitive event.
For nearly a decade, pundits have been touting the transformative effects of additive manufacturing (aka 3D printing). ”[1] Most analysts include additive manufacturing in their list of technologies that collectively are fostering the next industrial revolution, which is often referred to as Industry 4.0.
We continue our series on the most read articles from the Cerasis blog for 2015 today by featuring any of the blogs in the transportation management or transportation categories. . We've already listed the top 10 manufacturing articles, the top 10 supply chain articles, and yesterday, the top 10 logistics articles.
From increased affordability and efficiency of the transportation management system (TMS) to the application of Bluetooth technology for superior tracking of product movements, 2016 will be the year in which technology becomes an integral, if not the exclusive, part of the shipping process.
Transportation is a complex system, and even minor inefficiencies can have a ripple effect. Companies may purchase vehicles sized for peak periods, resulting in excess capacity during slow times [1]. The Environmental Impact: Challenge: Transportation is a major contributor to greenhouse gas emissions and air pollution.
The use of the new technologies, ranging from robotics to value-added services within transportation management systems (TMSs) saw greater implementation across supply chains via TMSaas, and widely-held beliefs about the supply chain’s limitations were tested. The TMS Became More Than What It Was: TMSaaS.
2016 is finally here, and there’s a good chance you’re working hard to stick to your New Year’s Resolutions. One area that always seems ripe for improvement is the supply chain, and one of the best ways to accomplish that is with a transportation management system (TMS). 2016 is here. Everyone wants to better themselves, right?
Trucker Path Joins AscendTMS™ to Offer Free Transportation Management Software (TMS) to Carriers and Freight Brokers. For more on SOLAS, read the following guest commentaries we have published in recent months: GT Nexus: Don’t Get Caught Off-Guard: Preparing for July 2016 SOLAS Shipper Mandates. Companies like XPO Logistics Inc.
The following is a 5,000 word exploration of Maersk’s strategic shift to end-to-end logistics services, based on open sources. For Maersk, June of 2016 was the breaking point. After a rough 2015, the first half of 2016 was no different. The Post-2016 Strategy: End-to-end Shipping. Driving the Maersk Shift.
This is especially true when outsourcing transportation management, as transportation can include a large part of your overall supply chain and business costs. Consider the many shippers who have outsourced transportation management and other logistics functions to third-party logistics (3PL) providers the past few years.
Now, moving on to this week’s supply chain and logistics news… Amazon won a patent for an on-demand clothing manufacturing warehouse (Recode). MacroPoint Announces Platform Integration with JDA Transportation Management Solution. Cyber Insurance Becomes a Must for More Manufacturers (WSJ – sub. Source: Amazon patent.
What will happen in 2016? more near-shoring and larger, less frequent shipments to minimize transportation costs). How will transportation, inventory, and sourcing policy decisions change in light of this cheap oil environment? Making supply chain and logistics predictions is like throwing darts at a moving target.
May their memory continue to be a source of strength and comfort to their families and friends and us all. February 2016 Freight Transportation Services Index (TSI). Speaking of container ships, there continues to be a lot of confusion and uncertainty surrounding the new SOLAS requirements, which go into effect on July 1, 2016.
Futuristic road transportation technology with digital data transfer graphic showing concept of traffic big data analytic and internet of things. The transport and logistics industry, has seen several changes in business models in the last few years. Source: Schumacher et al. Supply chain digital readiness and maturity models.
Many of the states affected contained key ports and supply destinations, as well as transportation and logistics hubs. In 2016, this port handled 1.1 This powerful feature lets a supplier or manufacturer see what would happen if the ports all closed, or the delivery mechanisms could not embark. These ports accounted for 18.3%
Background on Ocean Transport. Returning containers is an ongoing issue resulting in some manufacturers investigating a return to break-bulk shipping (container free). Value networks do not interoperate and the business leader trying to track shipments must manually sync multiple data sources to get to answers.
Second, we just released our second Talking Logistics YOUniversity course, Building a Strong Transportation Management Foundation. Descartes Reports Fiscal 2016 Fourth Quarter and Annual Financial Results. Google says it bears ‘some responsibility’ after self-driving car hit bus ( Reuters ).
” The US Department of Transportation (DOT) has mandatory drug tests that any safety-sensitive employee must complete. in 2016 with over three dozen Boeing freighter aircrafts. The push comes as the e-commerce boom that fueled carriers’ growth has faded and inflation-weary shoppers begin to pull back on purchases.
LevaData to Transform Strategic Sourcing for Global Procurement and Supply Chain Leaders. Manhattan Transportation Management Enhancements Enable the Acquisition and Supervision of Additional Shipment Capacity. Transplace Selects New Equity Partner TPG Capital. Convey Closes $8.25 Million in Series B Funding.
On September 3, 2016 China and the US agreed to ratify the Paris Agreement on climate change. Outside of the Paris Agreement, the European Union (EU) has a goal of reducing greenhouse gas emissions from transport by around 60 percent below 1990 levels by 2050. Corporate Responsibility.
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