This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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 supplychain management for its wide-ranging deployment and application to improving processes.
Manufacturers have always struggled to know their customers. Unfortunately, this means manufacturers face an even greater challenge, as more customers translate into greater use of customer service. But, how do manufacturers turn their focus to the customer experience? Determine What Customers Want Today.
OTIF is a key supplychain metric. Lynch and his team leverage data intelligence and strong industry relationships to help clients uncover transportation savings, build scalable supplychain strategies, and ace retailer compliance programs. The SupplyChain is Broken – How to Fix it with Jeff Dangelo.
Manufacturers have historically found themselves at the cutting edge of technological advances. It’s surprising, then, to read stories encouraging manufacturers to jump aboard the Digital Age technology bandwagon. ” He noted, “Each of these technologies will fundamentally change how products are manufactured.”
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 IIoT in manufacturing have led to a savings of 12 percent across the industry.
Who said supplychains are boring? Whenever I tell a friend, colleague or family member about my job as soon as the words "supplychain" are muttered I immediately see glassy eyes followed by a yawn or two. Christopher Columbus: A Logistical Pioneer. The crew had to be evacuated along with all of the supplies.
September 26, 2019) A new study by ToolsGroup, a global leader in supplychain planning software, and Spinnaker, a supplychain services company, has found that only 7% of companies are reaping the benefits of digital transformation of supplychain planning. BOSTON, Mass. and HOUSTON, Tex.
Nevertheless, over the past few years there have been some significant changes in the manufacturing sector, including the maturation of additive manufacturing and the emergence of the Internet of Things (often referred to as the Industrial Internet of Things (IIoT)). Manufacturing trends. ”[1] Those arguments still hold.
” If manufacturers didn’t believe that truism before, they certainly believe now it — thanks to 2020. ” If manufacturers didn’t believe that truism before, they certainly believe now it — thanks to 2020. “Pilots were fruitful enough to convince manufacturers about the importance of data. .
Who said supplychains are boring? Whenever I tell a friend, colleague or family member about my job as soon as the words "supplychain" are muttered I immediately see glassy eyes followed by a yawn or two. Last week we highlighted Christopher Columbus: A Logistical Pioneer. China SupplyChain Council.
Everyday technology seems to be assuming a greater role in the business world, including in supplychain operations; but, technology alone will never achieve the kind of transformation required in the years ahead. ” People: Fostering SupplyChain Talent. ”[2] This not just true of the fashion supplychain.
Business consultant and AI expert Louis Columbus ( @LouisColumbus ) explains, “The key to getting more value from industrial internet of things (IIoT) and IoT platforms is getting AI and machine learning (ML) workloads right.”[2] ” And Columbus believes the AIoT will develop quickly. ” Concluding Thoughts.
OTIF is a key supplychain metric. Lynch and his team leverage data intelligence and strong industry relationships to help clients uncover transportation savings, build scalable supplychain strategies, and ace retailer compliance programs. The SupplyChain is Broken – How to Fix it with Jeff Dangelo.
For example, manufacturing may be tasked to fill all orders which requires having inventory on-hand in distribution centers. Louis Columbus ( @LouisColumbus ) suggest ten way cognitive technologies can help companies achieve successful digital transformations.[4] Cognitive technologies make supplychains better.
Numerous supplychain experts insist supplychain processes are experiencing a revolution thanks to emerging technologies. ”[2] Although Bernard believes the IoT and the supplychain are just getting to know each other, she adds, “IoT isn’t going away any time soon.” Improved visibility.
“Inventory optimization is a complicated thing that touches many aspects of the consumer goods supplychain, and often requires close coordination among manufacturers and distributors. 5] Louis Columbus, “ 10 Ways AI & Machine Learning Are Revolutionizing Omnichannel ,” Forbes , 17 February 2019. [6]
We live in the Digital Age and most business consultants insist businesses, including manufacturers, need to transform into digital enterprises in order succeed. ” Additive Manufacturing (aka 3D Printing). Additive manufacturing is no longer a novelty. One of the benefits of additive manufacturing is that new forms (i.e.,
But seeing as this is a blog about supplychain, and not about my preferred poultry, I thought I’d take a look at what goes into getting those millions of pounds of turkey from the farm to the table. Maybe for you, but certainly not for those involved in the turkey supplychain. And my oh my how I do love my turkey!
By forecasting future supplychain and logistical events, companies can gain a competitive advantage and prevent monetary loss due to inaccurate stocking, and mismanagement of goods, deliveries, and time.”[2] … It all comes down to the ability to use predictive analytics to manage supplychain risk.”[6].
Planes, Cranes, and Barges: How America Is Adapting to SupplyChain Chaos. It’s been booming since,” says Joseph Nardone, president and chief executive officer of the Columbus Regional Airport Authority, which operates Rickenbacker. The desire to avoid a repeat of pandemic-era supplychain snarls could change that.
A great deal of hoopla is being made of Intel’s investments in its new $20 billion semiconductor chip plant near Columbus, Ohio, which Intel claims could expand into a $100 billion complex with eight fabrication plants. From the 2017 Economic Census Jason pulled data on industry concentration in semiconductor manufacturing.
The problem with capacity in chip making is that manufacturers are loath to invest in additional chip making capacity until they’re certain that there’s going to be the demand for it. And so chip manufacturers can only invest in capacity in large chunks – e.g. an entire facilities. We actually do need your chips.
We are delighted to welcome Charlotte Kula-Przezwanski from Columbus Consulting (CCI) as our guest blogger. In the past 25 years alone, The Limited in the United States applied Toyota’s quick-response modular manufacturing process to reduce lead times from concept to market. Partner, Columbus Consulting. Why Agility?
Is your supplychain make-to-order, make-to-stock, or both? To effectively evaluate and mitigate risk, shippers need excellent supplychain visibility. East Coast to Columbus, Ohio—as opposed to the traditional option of using West Coast facilities—are negligible.
With peak shipping season just around the corner, the logistics industry is looking forward to a smoother supplychain than previous years have provided. Speaking in Columbus, Ind., Phlow CEO Eric Edwards MD calls for Reimagining of Pharmaceutical SupplyChain. Economy at 20-25%. 803 billion U.S.
plans to spend $20 billion on a chipmaking hub on the outskirts of Columbus, Ohio, which the company expects to grow to be the world’s biggest semiconductor-manufacturing site. Intel Corp.
Last week I spoke at the CLX Logistics Conference in Philadelphia on the future of SupplyChain Management. The recent SupplyChain Insights Global Summit gave me new perspective and insights. The redefinition of supplychain practices is happening through the coalescence of multiple technologies, not one.
SupplyChain Matters provides added perspectives to this week’s announced developments involving planned U.S. Intel CEO Pat Gelsinger has specifically indicated that the plans for Columbus, Ohio complex include being: “ t he largest AI chip manufacturing site in the world.” semiconductor fab investments.
The SupplyChain Matters blog provides an editorial perspective on political actions that occurred this week, specifically the State of the Union Address the release of a new U.S. Trade Policy agenda, and where government and global supplychain policies can either collide or align. . State of the Union Address.
COLUMBUS, Ohio (AP) — Chipmaker Intel said Friday it will invest $20 billion to build a new factory in Ohio , an attempt to help alleviate a global shortage of chips powering everything from phones to cars to home appliances while also signaling the giant company’s commitment to manufacturing crucial technology products in the U.S.
A Quick Recap of Recent Trends in Manufacturing Technology to Think About 2017. Although apps and smart devices will make an impact in manufacturing technologies this year, a few other recent trends in manufacturing technology will dramatically redefine industry standards. Green Manufacturing Will Replace Existing Methodologies.
Thanks to the Trump administration’s trade wars, IDC analysts note, “Costs throughout the manufacturing value chain are seemingly impacted every day. The uncertainty appears likely to continue into 2020, and thus manufacturers’ optimism has experienced a noteworthy setback. Manufacturing trends. technologies.
SupplyChain Matters highlights an announcement made this week indicating a reported $100 billion announcement in U.S. The Announcement Global based semiconductor contract fabrication services provider Taiwan Semiconductor Manufacturing Company announced a reported $100 billion investment in additional U.S. All rights reserved.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content