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NIS 2 Has Deep Impacts on the Supply Chain, Not Just Plant Operations The manufacturing industry is undergoing a significant transformation as it grapples with the implications of the Network and Information Systems Directive 2 (NIS 2). Manufacturers must now assess and bolster their cybersecurity measures to comply with the directive.
NEW YORK & OTTAWA, ON March 24, 2025 Infor, the industry cloud complete company, and Kinaxis Inc. TSX: KXS) an end-to-end supply chain orchestration, today announced a new partnership that will deliver improved alignment of supply chain plans with business objectives and strategies for midmarket discrete manufacturingcompanies.
A manufacturingcompany, for example, can monitor real-time data from its suppliers, production lines, and distribution centers. By analyzing this data, the company can identify areas for improvement and implement changes to improve operational efficiency. Manufacturing : A smart factory relies on IT-OT integration.
The past year and a half saw manufacturers face unprecedented challenges resulting from global disruptions, to which they responded by repurposing or developing new product lines, reconfiguring their plants and restructuring their supply chains in order to meet changing demands and keep afloat amidst uncertainty.
For global manufacturers, managing direct and indirect material spend can get very complicated very quickly. In response to these challenges, a leading heavy equipment manufacturer selected GEP to redesign its source-to-contract processes and implement a convergent data model to help manage procurement data across its multiple locations.
Across the globe, companies continue to pledge to reduce their emissions, capture their emissions, and help to reduce the negative impacts of climate change. For many companies, this process begins with an overhaul of their manufacturing processes, looking at ways to promote sustainable manufacturing.
A manufacturingcompany, for example, can monitor real-time data from its suppliers, production lines, and distribution centers. By analyzing this data, the company can identify areas for improvement and implement changes to improve operational efficiency. Manufacturing : A smart factory relies on IT-OT integration.
The manufacturing sector is facing unprecedented volatility in global trade, with tariffs becoming the latest in a series of uncertainty drivers that are impacting virtually all industries. Manufacturing plants are deeply entrenched; tied to infrastructure, suppliers, skilled labor, and regulatory requirements.
The modern supply chain is a complex network of suppliers, manufacturers, distributors, and customers, all interconnected and reliant on a shared ecosystem of trust and accountability. Companies that prioritize low costs at the expense of ethics risk damaging their reputation, losing consumer trust, and facing legal consequences.
Drawing on our work with global companies across manufacturing, automotive, pharmaceuticals, semiconductors, software, technology, financial services, and a range of service industries, we outline the key strategic and tactical actions companies are taking to navigate this period of heightened uncertainty.
They noted the fact that companies whose leaders had supply chain experience took a more proactive approach to addressing potential supply-chain challenges, and in leveraging the supply-chain function to generate new business opportunities. They are no longer just vendors of goods and services.
When you talk to companies that have implemented enterprise or supply chain applications, executives will usually admit that they have under-invested in training and preparing users to use the new technology. Molex is a private company headquartered in Lisle, IL in the US. The company uses a process monitoring tool called Celonis.
Transportation, warehousing, and manufacturing collectively contribute significantly to carbon emissions, making these areas critical for meaningful change. Companies are increasingly adopting electric and hydrogen-powered vehicles to transition away from fossil fuels. Reducing carbon emissions is a cornerstone of this effort.
Running a manufacturing business isn’t easy. That’s where a manufacturing ERP comes in. Manufacturing ERP (Enterprise Resource Planning) software integrates all your core business processes into one powerful platform. It’s a lot to handle. Let’s get started.
Manufacturing leaders who built resilient supply chains were successful in 2021, despite the many supply and demand fluctuations. This report from TadaNow answers a critical question that supply chain leaders in manufacturingcompanies have – How do we plan for an ever-changing marketplace and keep risks in supply chain to a minimum?
In late 2023, Descartes conducted a survey of 1,000 supply chain and logistics decision-makers across North America and Europe across three sectors: manufacturing, distribution and retail; carriers; and logistics services providers. The study also provided insight into what companies are doing to address it.
All companies and agencies above are heavily investing in technology and tools to deliver packages faster and more efficiently. Companies will become increasingly dependent on digital tools to sort, track, and mitigate issues at the border. In 2023, Amazon delivered around 5.9 billion packages more than UPS and FedEx.
The 25% tariffs on Canadian and Mexican imports and 20% tariffs on Chinese goods are expected to increase production costs, disrupt logistics networks, and force companies to rethink supply chains. are expected to rise by $3,000 to $12,000 per car, forcing manufacturers to either pass costs to consumers or cut production.
At the recent ARC Forum 2025, Rachelle Howard, Director of Manufacturing Systems Automation and Digital Strategy, showcased how Vertex strategically blends advanced technology with a strong people-focused culture to boost manufacturing and supply chain agility.
This Gartner report, provided complimentary of TadaNow, provides answers to questions that Supply Chain leaders in Manufacturingcompanies have –– from definitions and scope to framework, how to leverage it all, and best practices. Create –– What are the steps manufacturing organizations need to build a control tower?
Scaling manufacturing operations is crucial for business growth but presents unique challenges. Balancing increased demand with consistent quality and controlled costs is difficult but essential for manufacturers looking to expand. Successfully scaling manufacturing requires more than just adding resources.
Jack Fiedler, the vice president for digital transformation of the global supply chain at Lenovo Lenovo is ranked tenth by one leading analyst firm among a list of global companies with exceptional supply chains. I’ve not seen a company that does a better job of agile planning across an end-to-end, multi-tier supply chain.
The company aims to change this with the expansion of its data fabric portfolio. When you combine the volume, complexity, and speed with which decisions need to be made and executed, the current way companies manage this is unsustainable. A supply chain data fabric can help companies augment their supply chain processes.
In April 2024, we asked members of our Indago supply chain research community — who are all supply chain and logistics executives from manufacturing, retail, and distribution companies — if they had experienced cargo theft or other types of freight fraud in the past year.
According to Deloitte and The Manufacturing Institute, the labor shortage will cost the U.S. To combat the effects of the tightening labor market, agile logistics companies are focusing their efforts on adopting tools and processes that drive efficiency and help their operations’ teams tap into shared industry resources.
On the positive side, companies such as a small manufacturer of advanced plastic components used across various sectors, such as medical, industrial, automotive and consumer products has experienced increased interest from clients eager to purchase American-made goods. Where do industrial companies focus to prepare for tariffs?
In a survey we conducted in October 2020, 91% of our Indago supply chain research community members, who are all supply chain executives from manufacturing, retail, and distribution companies, either Agreed or Strongly Agreed that the time had come to transform the traditional transportation procurement process.
In the fourth quarter, we delivered the second largest software bookings in the history of the company. Customers, he asserted, also want a single company accountable for everything. The company now has almost 10,000 employees and is hiring rapidly. That’s something that’s changed the complete DNA of our company.
Artificial intelligence (AI) is reshaping supply chain operations by enabling predictive planning, allowing companies to anticipate disruptions before they occur and adjust operations accordingly. Companies must react after the fact, often incurring higher costs and reduced service levels.
Over the past few years, manufacturing has had to adapt to and overcome a wide variety of supply chain trends and disruptions to stay as stable as possible. But what do these really mean today? Stability has become key in this post-COVID world, and will remain key moving forward.
During my current supply chain planning market research, I have received briefings from several SCP companies. At a division of one of the world’s largest consumer goods companies, 85% autonomy on manufacturing plans and 95% acceptance of proposed purchase orders has been achieved. You manufacture stuff. That’s an action.”
That’s the power of manufacturing data collection. Manufacturing data collection is your secret weapon for boosting efficiency, cutting waste, and staying ahead of the competition. Manufacturing data collection is your secret weapon for boosting efficiency, cutting waste, and staying ahead of the competition.
This includes the evolution of schema-on-read architectures and the use of advanced sensing and network automation as companies work through endless cycles of legacy technology like ERP and APS. The issue is that most companies are using new forms of technology to make bad decisions faster. The reason? Clarity on Value.
Mobile barcoding helps supply chain companies achieve their green and sustainability initiatives. Many modern companies still use paper processes and spreadsheets to record inventory movements before manually transcribing these transactions into their ERP.
From consumer electronics to automotive manufacturing, most of the global economy’s largest industries rely on some form of discrete manufacturing. Manufacturers in these industries face several unique challenges: Labor and material shortages halting production. Imbalance in product lines, creating asset underutilization.
This partnership aims to streamline delivery processes, improve driver safety, and increase delivery accuracy, benefiting companies like Prologics, Inc. The strike, costing Boeing $1 billion a month, is exacerbating the company’s financial woes, with its third-quarter losses reaching $6.2
My head is wobbling with announcements, late-night Friday press releases, company name changes, and executive turnover in the supply chain planning market. Renames the Company Daybreak. No doubt that the company, Noodle.ai, needed a fresh start after burning through $107M in capital of five rounds of financing. Kinaxis and o9.
These forces are accelerating mergers and acquisitions (M&A) as companies seek to adapt to a dynamic landscape, capitalize on emerging opportunities, and secure competitive advantages. imports from China declined by 10% year-over-year, while domestic manufacturing investments surged by over $100 billion.
Companies leaning heavily on global sourcing? manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy. This strategic shift enabled the company to mitigate the adverse effects of escalating trade tensions effectively.
Supply chain plays a crucial role for this Fortune 500 automotive manufacturer. With the onset of COVID-19 in 2020, along with demand and supply fluctuations in the subsequent years, many manufacturers, including this one, saw significant stress on their global supply chains. This case study covers: Customer challenges.
In recent years, manufacturers have experienced substantial supply chain disruptions , leading to material and labor shortages, quality issues, product delays, and low profit margins. Results from an Accenture survey indicate that these disruptions ultimately caused companies to miss out on 7.4% 11.0% of potential revenue growth 1.
The EY research suggests that at many companies, that opportunity is receding. Prepandemic r esearch by the McKinsey Global Institute found that, on average, companies experience a disruption of one to two months in duration every 3.7 Those companies had at least $500 million in annual revenue.
The shortage has not impacted Charlottesville’s other major healthcare provider, Sentara Health as this organization sources its IV solutions from a different manufacturer. While this pricing strategy impacts other producers, including those in Portugal, it has also forced Chinese companies to reduce output and cut jobs.
In todays rapidly evolving global landscape, supply chain resiliency has become paramount for product manufacturers striving to maintain a competitive advantage and ensure long-term success. According to Tech-Claritys research, 74% of companies reported increased risk and disruption over the past five years.
Even global manufacturers –– companies across industrial, automotive, chemical, and energy industries –– are scrambling to mitigate the impacts of labor, material and energy shortages, delays, inflation, and unexpected events. It’s not just small and medium-size businesses that are caught off guard.
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