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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.
Based in Paris, L’Oréal is a global personal care manufacturing company. This case study is the best example we have seen of a customer-centric supply chain. The use of 3D-printing enables smaller batches, lower manufacturing costs, and shorter lead times compared to traditional machining. A Multi-Year Unbeatable Champion.
This past February we asked members of our Indago supply chain research community — who are all supply chain and logistics executives from manufacturing, retail, and distribution companies — “Is your company using Artificial Intelligence in its supply chain or logistics operations?”
Global manufacturing today faces significant operational challenges. How should manufacturers adapt to meet the challenges and shift from product-centric to customer-centric operations? How should manufacturers adapt to meet the challenges and shift from product-centric to customer-centric operations?
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.
With respondents’ top growth investment for 2022 being “increasing recruitment and training efforts”, this year’s study reveals the profound effect that current labor shortages are having on digital supply chain transformation. From January to March 2022, CSCMP and ToolsGroup surveyed more than 300 supply chain professionals around the world.
Ivalua study finds 97% of procurement leaders see significant disruption in direct materials supply chain; 67% not confident in existing technology; 84% consider modernization a ‘strategic priority’. Technology Advantage: 76% of manufacturing procurement leaders use supplier management software to optimize supplier relationships.
If you would like to participate in a current research study, we would love your help and participation in the contract manufacturingstudy. We are trying to assess the value of a network in managing contract manufacturing.) The metrics defining success in manufacturing and procurement do not align.
The manufacturing industry has a strong heritage of adopting game-changing technologies to deliver higher quality products more efficiently. In a recent KPMG study, 69% of manufacturing CEOs say acting with agility is “the new currency of business; if we’re too slow, we will be bankrupt.”
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.
Not just in hospitals, but our manufacturers who are essential to society and doing their part helping to stop the global pandemic. These manufacturers are on the factory floor continuing to build, construct, create and prepare. Where do you start on your manufacturing transformation journey to achieve the Factory of the Future?
In our pandemic research, we interviewed thirty manufacturers. Here we share the case study of Philip Morris using a digital twin deployment. To gain insights, we interviewed Alexandros Skandalakis, Director of Manufacturing Capacity, reporting to operations/manufacturing globally within Philip Morris.
The examples below show you how to do this in AIMMS SC Navigator Apps, but we encourage you to study these scenarios in the tools you have at your disposal. . Multiple best/worst case scenarios should be run under different demand conditions to study the impact on your supply chain. Study 2: Inspect Demand Trends .
of revenue on information technology (IT), only six percent of manufacturers drove performance at the intersection of growth and margin. Average performance in 2016-2019 across twenty-seven manufacturing sectors on inventory turns, Return on Invested Capital and operating margin was worse than in 2012-2015. Despite spending 1.1%
Speaker: Nikhil Joshi, Founder & President of Snic Solutions
Is your manufacturing operation reaching its efficiency potential? A Manufacturing Execution System (MES) could be the game-changer, helping you reduce waste, cut costs, and lower your carbon footprint. 📆 November 20th, 2024 at 11:00 AM PST, 2:00 PM EST, 7:00 PM GMT
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.
An increasing lineup of advanced digital solutions have given manufacturers the edge to transform and achieve better inventory control. The manufacturing industry is constantly searching for new and inventive ways to improve inventory management. Getting raw materials manufactured into something whole and useful is a complex process.
Many of the challenges faced by the world’s automotive and equipment manufacturers can be mitigated via flexible production planning. Enabled by artificial intelligence (AI), modern planning solutions enable manufacturers to create smart, flexible production plans that are continuously updated in response to real-time data.
A study by E2open – the 2021 Forecasting and Inventory Benchmark Study: Supply Chain Performance During the Covid-19 Pandemic – provides the answers. I look forward to this study every year. The study shows delivering good service to grocery chains has never been harder. Forecasting Accuracy Was Terrible .
Georgia-Pacific, one of the world's leading manufacturers of tissue, pulp and paper and supplier to top brands like Brawny, Angel Soft and DIXIE, trusts ClearMetal for their supply chain requirements. Read the case study to hear how one company turned the reliability and transparency of its supply chain into distinct competitive advantages.
But, I want to understand this more, and as a result, I have a new study in the field to gain additional insights, and I would love your input. In 2012, I placed the first alignment study in the field. In my research, I find that the lack of alignment has a direct impact to value (operating margin and market price to book value).
Manufacturers like Hyundai are experiencing a shortage of components that threaten s to halt production. The study include d firms in the retail, manufacturing and distribution verticals. As the Coronavirus outbreak develops into a pandemic, people and businesses alike are feel ing its ripple effects.
Currently, I am working on a study to understand the value of synchronizing contract manufacturing with in-house manufacturing and procurement. The average brand owner outsources 28-35% of manufacturing, but most coordinate using only spreadsheets and email. Automation is an opportunity, but what is the value? Interested?
During the 1980s, I was on a management team for a large manufacturer. The Company was attempting to gain economies of scale by grouping manufacturing technologies within a common infrastructure to reap the benefits of a co-generation facility, a centralized warehouse, and a talented administrative team.
Topics covered include: The impact of seasonal demand on supply chain operations Unleashing innovative strategies that will help bring seasonal products to the market faster than ever Delivering frosty delights while maintaining cold chain compliance Case studies of companies that have successfully implemented supply chain visibility solutions for (..)
No doubt about it, we are characters in a supply chain case study searching to define a new normal. Today, we find ourselves in the middle of a risk management case study. Figure 1 shows a market-by-market planning model by a sinus drug manufacturer. This type of planning needs to be deployed by all consumer manufacturers.
How should a global manufacturer make a decision? In other studies, I am working with data scientists and statisticians to glean insights from over sixty quantitative research projects over the last decade. In short, the research tells me that the manufacturing industries are stuck. And how can supply chain planning help?
Our retail customer loyalty study confirmed that there is an increasing concern on the part of consumers that stores will have the items they need in stock,” said Caroline Proctor, CMO at ToolsGroup. In July 2022, IHL and ToolsGroup surveyed U.S. Retailers can counter a staggering $1.9 About ToolsGroup.
On top of this, after demand has been adjusted, demand simulations can be run to study the behavior of your resources over time as demand continues to increase or decrease. . You can study optimal sourcing locations while minimizing both production and distribution costs. Evaluating Potential for Reshoring .
Speaker: Rosemary Coates - Board Member & Founder at Reshoring Institute, Best-selling Author, Host of the Frictionless Supply Chain podcast
Companies can lower the risk of disruptions by shortening the supply chain and moving manufacturing close to the points of sale to reduce the need for expensive and time-consuming transportation. Re-shoring is one solution that is gaining popularity as a result of pandemic-related issues.
After two decades of study, I think because it is a lack of understanding. A Case Study. Keith led the work to move P&G from a regional to a global manufacturer opening up the Warsaw center of planning excellence and outsourcing IT to HP. Keith was an undisputed leader in building talent to drive manufacturing excellence.
An impressive new study by Sun et al., By integrating climate science, epidemiology, and economic modeling, the study predicts a substantial increase in annual global GDP losses, potentially reaching up to 4.6%
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.
Over the past decade, the main battleground for China’s WMS market has been in the consumption industry; but more recently the battleground has returned to the manufacturing industry. In terms of revenue, the manufacturing industry creates about 1/5 of the overall market for WMS.
According to Deloitte and The Manufacturing Institute, the labor shortage will cost the U.S. Real-life case study examples of how real-time tracking helped two leading logistics providers overcome the challenges of the growing labor shortage. as much as $1 trillion, and 2.1 million positions could remain unfilled by 2023.
The focus on financial reengineering–elongation of payables, manufacturing outsourcing, tax-efficient supply chains, lean programs, IT standardization, tight integration to ERP, and business process outsourcing– only moved the deck chairs on the Titanic. This pattern holds for 80% of the 28 industry sectors studied.
Automation is at the center of modern manufacturing businesses, with companies exploring the possibilities of artificial intelligence in improving workflows and profitability. Industrial engineers incorporate these technologies in designing and fabricating advanced manufacturing systems. How AI Is Changing the Manufacturing Industry.
” I don’t have the answers, but I am actively studying the market to help business leaders figure out the questions they should ask to drive performance improvements. ” I am currently working on an ebook of what I feel are the most impactful client case studies from my two decades as an analyst. What Worked.
In fact, in our Supply Chains to Admire analysis, we find that this is true in twenty-five of twenty-eight industry sectors studied. Nvidia, PACCAR Inc, Ross Stores, Sleep Number, Taiwan Semiconductor Manufacturing (TSMC) Company, Tempur Sealy, TJX Companies, and Western Digital. The winners include Apple, AbbVie Inc.,
Many of the case studies being presented at today’s conferences were born during the pandemic and the post-pandemic turbulence. One of my insights from doing the industry analysis for the Supply Chains to Admire each year is that smaller and less well-known companies outperform larger and better-known manufacturers.
In 2015, I joined Dassault Systèmes (3DS), more specifically the DELMIA brand, whose portfolio helps industries by connecting the virtual and real worlds of value networks to collaborate, model, optimize, and perform in the ambit of manufacturing and operations. What Does Sustainable Operations Mean?
The process brings together all the plans for the business (sales, marketing, development, manufacturing, sourcing, and financial) into one integrated set of plans.” Read the full Melitta case study below. Read Case Study. Gartner: Keys to Solving the Top S&OP Challenges; Refreshed 29 October 2019, Published 12 June 2018.
The outsourced R&D, in turn, supported outsourced manufacturing with over 50 key suppliers. Boeing is now a case study in how not to outsource a supply chain. But if Boeing can’t even manage processes in their factories, how good can they be at managing their partner’s manufacturing processes?
Discover how TADA's AI-enabled digital twin technology drove $90M in total benefits for a Fortune 500 automotive manufacturer who was struggling with reduced visibility, poor risk management, and significant production disruptions.
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