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Are industrial manufacturers seizing all the opportunities of a more digital world? A recent article suggests that, by 2018, only 30 percent of manufacturers investing in digital transformation will be able to maximize the outcome. Possibly not. The remaining 70 percent are hindered by outdated business models and technology.
Today, we kick off our annual year-end series highlighting the top blog posts in each of our 5 main categories: Manufacturing , Supply Chain , Logistics , Transportation Management , Freight. We will feature over the next 5 business days each category's most viewed posts over the course of 2017. Share This: Read More.
Although rate volatility is expected to stabilize in 2017, organizations must do more with fewer resources to survive. From Amazon to hyper-local retailers, 2017 will be a year of intense scrutiny and pressure on logistics providers. This graph shows how quickly the surge begin and rise in 2017. Consumers have power.
Companies are hoping to continue their revenue growth in 2018 by setting priorities for manufacturing in 3 key areas. KLR has released the results of its annual manufacturing industry outlook report , and the optimism following last year’s elections will continue straight through 2017. So where is the additional money going?
Where and how manufacturers make products for Americans will change in 2017. Manufacturers must adapt to changing demands, or they will become nothing more than a statistic in history books. The "First Five" Industrial Manufacturing Trends of 2017. The "First Five" Industrial Manufacturing Trends of 2017.
The Industrial Internet of Things (IIoT) and the Internet of Things (IoT) are similar, but both function on the connection of equipment to the internet and applying data collected to consumer and business needs, including the needs of manufacturers. The First 5 Manufacturing Tech Trends of 2017.
To gain competitive economies of scale and drive the segmented response, the back office operations–procurement, manufacturing and transportation–are automated and effective. This is the goal of the Network of Networks initiative which we are deeply vested in testing during 2017. Trying to Right a Wrong. Reflections.
The Industrial Internet of Things ( IIoT ) has been a major topic among manufacturers and third-party logistics providers ( 3PLs ) for several years. However, the IIoT is beginning to encroach on all aspect of manufacturing and supply chain management for its wide-ranging deployment and application to improving processes. In the U.S.,
Today, is day two of our annual year-end series highlighting the top blog posts in each of our 5 main categories: Manufacturing , Supply Chain , Logistics , Transportation Management , Freight. We will feature over the next 4 business days each category's most viewed posts over the course of 2017. Share This: Read More. [e-Book]
In 2017 Kara leveraged her prior corporate experience to launch LeadCoverage, a strategy consultancy addressing all elements of the B2B sales conversion cycle for supply chain companies. Her successful corporate career started at Echo Global Logistics where she played a key role in its ascent to a market leader and celebrated IPO in 2009.
Continuous improvement is part of the game in manufacturing. Among the new trends in manufacturing improving the industry, additive manufacturing and cloud-based systems will push manufacturing forward in 2017. Let’s take a closer look at final five trends in manufacturing to watch for in 2017.
Rebounding freight volumes and the proximity of the electronic logging device (ELD) mandate are set to change the industry in 2017, reports Sean Kilcarr of FleetOwner. Unlike the all-time highs of 2014, 2017 will reveal an industry on the cusp of restoring order and LTL rates to acceptable, reasonable levels.
Meeting these objectives, on top of addressing existing industry challenges, requires steel manufacturing companies to become more efficient and flexible in their operations—and this means optimizing their master production schedules. As your steel manufacturing operations transform, so too will the complexity of your planning needs.
Where Freight is Going in 2017. Fast Fashion had its year, borrowing lean methodologies from the startup world to rapidly design, manufacture, ship and sell fashion. For global forwarders and carriers, 2017 is kicking off with a hesitant excitement, accompanied by some very real worries. Transparency and Overcapacity.
The outsourced R&D, in turn, supported outsourced manufacturing with over 50 key suppliers. Problems are likely to continue, Dr. Tang argues, because the current crisis is hardly unprecedented; it is based on the changes that Boeing made to its R&D and manufacturing processes during the development of the 787 Dreamliner.
According to the Solar Energy Industries Association (SEIA), the average cost of a US commercial PV system has fallen by about 60% since 2017. According to the National Renewable Energy Laboratory (NREL), the average cost of a US grid-scale battery has fallen by about 75% since 2017. million in 2017. million in 2022, up from $1.2
If the many components of logistics and supply chain management do not engage effectively with the transport workforce and manufacturing skills gap of the U.S., 4 Drivers of the Looming Transportation Capacity Crisis of 2017. What do you think will happen by 2017 in this transportation capacity issue?
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.
The first story is about a large regional food manufacturer. An example for this client would be to use 2017 and 2018 history to forecast 2019. The second story is about a regional beverage manufacturer. This was the case for the client stories that I will share in this blog. I have changed the names to provide anonymity.
How can manufacturers manage disruption and improve productivity? By using advanced analytics for manufacturing, to understand the valuable information concealed within the data they already have! Therefore, manufacturers must continually look for new ways to improve the productivity and profitability of their operations.
How can manufacturers manage disruption and improve productivity? By using advanced analytics for manufacturing, to understand the valuable information concealed within the data they already have! Therefore, manufacturers must continually look for new ways to improve the productivity and profitability of their operations.
-based carrier’s role in Mexico as nearshoring manufacturing trends drive more cross-border trade. Global supply chains are shifting, Mexico’s role in global trade is growing, and Mexican small and medium enterprises and manufacturing sectors are looking for reliable access to the U.S. The report, which analyzed 8.4
This year, the analysis was for the period of 2010-2017 (post-recession years) and encompasses 655 companies in twenty-eight industry sectors. Before the recession, manufacturing performance on the balanced scorecard of growth, inventory turns, operating margin and Return on Invested Capital (ROIC) was stronger than retail.
The flowering of e-commerce—while welcomed by most manufacturers and distributors/retailers—has introduced far more risk and complexity for logistics managers. Download the Background & Considerations for Manufacturers & Distributors to Set up an E-Commerce Logistics Practice E-Book! “Any retail sales.
Mark expanded MacroPoint’s visibility technology into Mexico and got MacroPoint into shipper markets which enabled its acquisition by Descartes in 2017 for $107 Million. In 2017, Mark recognized a need for logistics service providers to have better access to cost effective All-Risk Shipper’s Interest Cargo Insurance with focus on Mexico.
Based in Paris, L’Oréal is a global personal care manufacturing company. Note that the industry aggregate actually went backwards, as did operating margin and inventory for the period 2015-2017. The company experienced a 34% growth in global e-commerce in 2017 and is expecting the trend to continue.
It is often used and then quickly discarded, often several times, while goods move from the manufacturer to the store shelf. For example, manufacturers may invest in re-useable product packaging and containers to move goods to co-packers or retailers, cutting plastic out of the equation. She lives in the Boston area.
AGCO is an agricultural equipment manufacturer. When a supply chain disruption occurs, it is not uncommon for complex equipment and automotive manufacturers to have different plants in their company fight each other for the same components. The 2017 hurricane season,” Mr. Herzog said, “was a big event on our journey.
A pound of apples costs about the same as a pound of steel, yet steel is a complex product produced using high-tech metallurgical and manufacturing processes. IBP is a multifunctional planning process that includes sales, marketing, demand planners, manufacturing, and finance. Tata Steel’s connected planning journey began in 2017.
Patent: Lane Assignments for Autonomous Vehicles Date Filed: January 2017 This patent describes a way for autonomous cars to navigate reversible lanes where traffic flow changes based on demand. Title: On-demand Apparel Manufacturing Date Filed: December 2015 2017 may well turn out to be a major tipping point in the history of apparel retail.
At Cerasis, a core value of ours is continuous improvement for not only our company, our clients, and employees, but through our blog and content to those who are related to what we do (transportation management) in the fields of manufacturing, supply chain, logistics, distribution, and transportation. Industry 4.0: Industry 4.0:
There can be surprises that potentially offer a better upside: demand is higher than expected, it is possible to raise prices without affecting demand based on what is happening with competitor products, technology has allowed manufacturing capacity to ramp up faster than expected, etc. E2open acquired BluJay Solutions in May of 2021 for $1.7
Nicole is a certified member of The Women’s Business Enterprise National Council, a member of The Expedite Association of North America, Women in Trucking, Women in Manufacturing, and the Transportation Intermediaries Association.
Manufacturing in Switzerland. Switzerland has a highly developed manufacturing industry specializing in high-tech and knowledge-based production. annually as of 2017, putting it at number 92 in the world for growth. However, a more important drawback to manufacturing in Switzerland is the high costs associated with the area.
The cost of poor quality is so closely related to supplier quality and compliance that manufacturers must give the proper attention and resources to the optimization of their upstream partnerships. The solution gives manufacturers the upstream visibility and control they need to provide downstream customer service to customers.
Detainees listening to speeches in a camp in Lop County, Xinjiang, April 2017 All countries claim that they have outlawed slavery. But electronics; industrial and manufactured; and apparel, footwear, and textiles make up the bulk of products detained. But slavery still exists. Today we refer to slavery as “forced labor.”
According to an October 2017 APICS Millennials in Supply Chain study, 66% of them hold undergraduate or graduate degrees in supply chain, compared to only 19% of their senior managers. Work on soft skills - Soft management skills may not be hiring criteria or taught in manufacturing environments. Find ways to shorten your hiring cycle.
Only 7% of manufacturers are experimenting with cognitive computing. We are putting the finishing touches on the agenda, and promise that the experience on September 5-8, 2017 will be a great opportunity for digital transformation leaders to ideate and imagine the supply chain of the future.
Manufacturing in India. India has a robust manufacturing sector, with typical products including textiles, chemicals, food, steel, transportation equipment, cement, mining, petrochemicals, machinery, software and pharmaceuticals. . Supply Chain Infrastructure for Manufacturing. as of 2017. In 2017, India exported $304.1
Manufacturing in Singapore. billion GDP in 2017 , giving it the seventh highest per capita rate in the world. annually as of 2017. Singapore has attracted major investments in advanced manufacturing, pharmaceuticals, medical technology and pharmaceutical production. Supply Chain Infrastructure for Manufacturing.
Just this April, Credit Suisse reported that over 8,600 brick-and-mortar stores may shutter their doors in 2017. Digital channels may spell trouble for traditional retailers but it also represents evolution, giving Asian and Indian manufacturers a global reach. All the Q3 2017 logistics technology updates. Take Fidget Spinners.
DGrade’s Simply Bottles recycling initiative which has been running in the UAE since 2017. DGrade design and manufacture bespoke clothing and accessories for corporate companies and events businesses. The recycling initiative was implemented as part of. There 4 key components to DGrade’s 360 approach. DGRADE Clothing.
In 2017, a chicken farm affiliated with Tyson Foods discovered a flock had been contaminated. Little Brown Bakers , the manufacturer behind Girl Scout Cookies, is warning of unforeseen supply issues that will be impacting both manufacturing and distribution of its treats.
Also, warehouse automation excludes similar systems such as airport baggage handling, manufacturing-line automation, and manually driven forklifts. The company’s primary business is the design, manufacture, and installation, and service of material handling equipment and logistics systems. Lee Partners. Lee Partners.
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