article thumbnail

The Industrial Internet of Things, Manufacturing, Supply Chain & Logistics: Where Are We & Where Are We Going?

GlobalTranz

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. Warehouse Management. Transportation Management.

article thumbnail

5 Ways to Make Your Manufacturing Plant More Sustainable in the Age of COVID-19

DELMIA Quintiq

This classification extends to the manufacturing facilities and personnel keeping us fed and supplied. Doing more with less is more critical in manufacturing than ever. They might even find themselves conscripted into manufacturing essential products under the Defense Production Act. Here are a few of them: 1. In 2018, the U.S.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The One Key Shift in Your Supply Chain and Procurement Strategies that can Drive Better Business Continuity and Resilience

Logistics Viewpoints

Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services.

article thumbnail

Key Takeaways from SAP Spend Connect Live

Logistics Viewpoints

SAP is embedding its generative Joule across the SAP Ariba source-to-pay solution portfolio to make it easier for their customers to manage routine inquiries, such as status updates, summarization, and frequently asked questions. When a procurement contract is negotiated, the buyer has planned to achieve a certain level of savings.

SAP 240
article thumbnail

Strong Supply Chains Required For an Economic Rebound: Six Steps To Take

Supply Chain Shaman

My first focus was on China sourcing. China was the source of over 90% of PPE.) This cross-functional group (sales, procurement, manufacturing, and distribution) is an operational team to manage the day-to-day issues and exceptions in the supply chain. Step #5 Safe Manufacturing. Recovery Team. Manage Supply.

article thumbnail

Are You Caught in Word Salad Dribble?

Supply Chain Shaman

Over the course of the last decade, his story is the same. Contract Manufacturing Signal Latency. In my last blog post, I shared insights on data synchronization between brand owners and contract manufacturing. In our research, we find that 32% of volume is manufactured by a third party. Back to John.

article thumbnail

Supply Visibility: More Important Than Ever. Yet Elusive.

Supply Chain Shaman

Over the course of the five months, we iterated on the model over seven sessions. Too few companies have a holistic approach to embrace the plan, make, source, and deliver together. The problem with supplier visibility is bookended into procurement processes that have gone back, not forward over the last decade. Close this gap.