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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.
more near-shoring and larger, less frequent shipments to minimize transportation costs). How will transportation, inventory, and sourcing policy decisions change in light of this cheap oil environment? The Rebirth of Transportation Marketplaces (UberCARGO, Cargomatic, and Freight Friend).
For those of us in neighboring states, North Dakota is the source of a clichéd “giant sucking sound,” the likes of which this generation has never experienced. The oil and gas industry impacts freight transportation in four significant areas: Diesel Prices. And it has all happened incredibly quickly.
Sourcing from far-flung countries such as China is leading to growing uncertainty about the actual supply of purchase orders. Guinea-bissau. Heard Island and Mcdonald Islands. Holy See (Vatican City State). Iran, Islamic Republic of. Isle of Man. Kazakhstan. Korea, Democratic People's Republic of. Korea, Republic of. Kyrgyzstan.
Open Source Technologies (Examples include Hadoop, Spark, Kafka). Localized manufacturing. Shipment and manufacturing of the unit of one. This includes: Sensors coupled with data from the Internet of Things (IOT). Blockchain/Cryptocurrency. Analytics (Artificial Intelligence, Machine Learning and Cognitive Computing).
In total 15 countries were affected including Syria (which also declared a state of emergency), Cyprus, Lebanon, Jourdan, Palestine, Egypt, Southern Cyprus, Turkish Republic of Northern Cyprus (TRNC), Iran, Iraq, Saudi Arabia, Georgia, Russia, Azerbaijan, and Armenia. Many steel manufacturers have also suspended operations.
Purchasing and supplier management. Production/manufacturing. Transportation. Later in this article we’ll look at some examples of functional and cross functional KPIs. Broadly speaking though, the following areas are those where KPIs will be necessary: Order capture. Inventory management. Warehousing.
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