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Reshoring and Domestic Manufacturing Incentives: Impacts on Supply Chain Logistics

Logistics Viewpoints

Reshoring, the practice of bringing manufacturing operations back to the United States, has gained renewed momentum in recent years, largely driven by a combination of political priorities, economic strategies, and global supply chain disruptions. Companies no longer need to account for extended shipping durations or customs clearance delays.

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How to Prepare the Next Generation of Manufacturers

GlobalTranz

The manufacturing industry has always been a hotbed for innovation and advancement — but it relies heavily on the workers who have the skills and training to fill those jobs. Experts have predicted more than 2 million manufacturing jobs will go unoccupied during the next 10 years, as the baby boomer generation starts to retire.

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Global Study Reveals 52% of Vital Digital Supply Chain Transformation Efforts Hamstrung by Skills and Labor Crunch

ToolsGroup

With respondents’ top growth investment for 2022 being “increasing recruitment and training efforts”, this year’s study reveals the profound effect that current labor shortages are having on digital supply chain transformation. “As About ToolsGroup. That’s why global leaders like Absolut, BP and Harley-Davidson rely on us year after year.

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Preparing for the Third Act

Supply Chain Shaman

CRM and SRM functionality did not fit the needs for manufacturing-based companies (CRM was too lightweight. And SRM functionality, while automating indirect procurement, did not address the larger needs to automate direct material purchasing for a manufacturer.) 4) CRM and SRM Will Be Redefined for Manufacturers. 4) Public IPO.

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How Smart Procurement Software Can Help UK Companies Overcome the Digital Skills Shortage

ivalua

A shortage of digitally savvy talent, and a lack of training for technical and soft skills, hinder digital procurement initiatives. Additionally, over half (55%) of UK businesses say that digital skills in procurement are less advanced compared to other departments. Challenges in hiring digital skills in procurement.

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African manufacturers must remain focused on skills development

SYSPRO Smarter ERP

African manufacturers should think big about digital development. Competing for digital skills in the Fourth Industrial Revolution with Manufacturers. The pandemic showed us that we need to continually adapt our skill sets to meet evolving requirements in a world where the only constant is change.

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Key Takeaways from SAP Spend Connect Live

Logistics Viewpoints

When a procurement contract is negotiated, the buyer has planned to achieve a certain level of savings. For example, a buyer might say, “You only shipped me 800 of the 1000 products I ordered.” They also cover supplier managed inventory, quality collaboration, manufacturing line collaboration, and asset collaboration.

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