There is a trifecta of supply chain vulnerabilities, disruptions, and risks creating volatility, uncertainty, complexity, and ambiguity (VUCA) in the business environment. From supply chain vulnerabilities like the ones exposed in the Middle East war to the heightened risks that emerged with Hurricane Helene [...]
Hurricane Milton has blown through Florida. In addition to continuing havoc since it occurred close behind Hurricane Helene, it has created further supply chain disruptions that will have ripples throughout the globe.
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.
According to the WorldMetrics.org report, 89% of manufacturers believe automation is key to increasing productivity. More importantly to increasing profitable growth, the report also finds that automation reduces manufacturing lead time by 75%.
Download Lisa's mid-year special report, FutureScape: Crafting Tomorrow's Supply Chain Today.
If you follow the stock market, you might think the economy is strong. As consumers, we are frustrated with the price of everyday supplies such as food, gas, and housing.
During a discussion with manufacturing and supply chain professionals at the Association of Supply Chain Management chapter of Orange County, California, we reviewed the top supply chain challenges impacting clients and colleagues around the world.
With the significant amount of disruption in the global supply chain, companies have started to focus on what could help them better weather the storm.
In attending the Southern California E-Commerce & Logistics Summit, it is clear that focusing on global logistics as a system of systems is paramount (special shout out to Fran Inman for the use of her phrase). Not one link in the supply chain can succeed on its own.
There are around 3 million industrial robots in use worldwide, and the market is expected to grow to $45 billion by 2028. At a minimum, robots can perform routine tasks with consistent quality. At a maximum, robots will be a strategic advantage to your business. It is no wonder clients are implementing them at a fast pace and investing widely.
