Manufacturers are focused on successfully navigating continually changing conditions to serve customers while driving profitable growth. End-to-end supply chains are evolving, creating shifting demand patterns and customer order volatility.
Risks abound in the global supply chain and goods movement systems. The only successful strategy to thrive is to create a resilient supply chain. According to the Global Port Tracker (GPT) report from Hackett Associates and the National Retail Federation (NRF), the specter of labor strife and new tariffs, along with strong sales, is driving U.S. retailers to keep imports surging through the spring.
According to a McKinsey study, investment in supply chain digitization is slowing down after rapid growth in 2020-2023. On the other hand, the McKinsey Global Supply Chain Leader Survey finds that nine out of 10 respondents continue to experience supply chain challenges. And, according to Reuters, supply chain glitches [...]
Opportunities to increase market share will increase when companies are pre-positioned for growth in a resilient and scalable way.
Disruptions abound no matter the supply chain. Aerospace has been particularly hard hit. Boeing's issues have plagued them the entire year.
Given the uncertainty of the economy creating extreme push outs and pull ins with customer orders, only those companies that can successfully deal with uncertain and changing conditions can thrive. Better utilizing ERP, quoting, and CRM systems to automate planning and scheduling processes enables quicker pivots to satisfy changing customer conditions with greater stability for operations.
Since the pandemic, the end-to-end supply chain has been in a constant state of disruption. Although it has calmed down since the height of the pandemic, disruption is simply the new norm. Since logistics is dependent on a system of systems, it is a sum of its parts, and [...]
Manufacturers should work to reduce materials, energy consumption, and inefficiencies to improve their carbon footprint and achieve the triple bottom line.
Since packaging is typically 10-40% of the retail price of products, there is no doubt it adds up to a relevant factor in product cost and waste.
The world has never experienced a labor shortage quite like the one we are experiencing. According to the Bureau of Labor Statistics, employment growth will average .3 over the next decade; however, labor participation will drop from 62.2% to 60.4%.
