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Why Should Manufacturers Get Social With Their Supply Chains?

Supply Chain Network

In recent years manufacturers have globalised their operations due to the need to reduce costs and to explore business opportunities in new markets. To be able to tap into a global knowledge base of information is not only useful but it can save a lot of time when trying to get the answers to specific questions.”

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Data and Digitization in Manufacturing

Enterra Insights

Manufacturing has been the lifeblood of the global economy for hundreds of years. Because manufacturers have historically moved factories to regions featuring cheap labor and few regulatory restrictions (sometimes referred to as outsourcing or offshoring), a misconception has arisen about the importance manufacturing to national economies.

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Ensemble Forecasting: The Difference Between Staying Ahead or Falling Behind

Logility

Accurate predictions not only ensure optimal inventory management but also drive better decision-making across various sectors such as retail, manufacturing, and supply chain management. Enhancing the Power of Demand Forecasting with Ensemble Forecasting In the realm of demand forecasting, accuracy is essential.

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Doing Business in Switzerland

QAD

Manufacturing in Switzerland. Switzerland has a highly developed manufacturing industry specializing in high-tech and knowledge-based production. Manufacturing is the growth engine of the swiss economy, but the country has lagged in innovation during the last several years. Other Important Swiss Industries.

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9 Critical ERP Features for Discrete Manufacturers

OptiProERP

Manufacturers need specific functionality to run their businesses effectively. Let’s examine what ERP functionality is critical for discrete manufacturers. Manufacturers rely on their inventory to build their products, so they need to have the correct amounts on hand at all times. Inventory Management. Supply Chain Management.

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Industry 4.0: The Slow Revolution, Part 2

Enterra Insights

is a revolutionary dance many manufacturers have yet to join. Many analysts believe manufacturers need to start dancing if they are going to survive and thrive in the digital age. Most manufacturers seem to understand the need to transform. ”[5] So can manufacturers jump start their Industry 4.0 11) Fear of failure.

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Industry 4.0 Success Depends on Cognitive Technologies

Enterra Insights

Like other economic sectors affected by the COVID-19 pandemic, the manufacturing sector has had to reevaluate past business strategies to ensure they remain on track to survive and thrive in the post-pandemic environment. “Talk of Artificial Intelligence in manufacturing,” he writes, “has been around for years.