"As manufacturers realize what can be achieved with technology such as AI, IoT, robotics, and additive manufacturing, they are sourcing manufacturing closer to the customer to create a customer experience advantage (rapid customization and delivery) with a lower cost base," comments said Lisa Anderson, founder and president of LMA [...]
Client Question If we struggle with process disciplines and performing timely, accurate transactions, should we pursue barcoding? This typically arises with every ERP implementation, and our answer is generally that we should crawl before we walk before we run. In fact, I am known for this comment at one [...]
For business leaders looking to modernize their supply chain, the technology investment is the easy part: Evaluate solutions, calculate the ROI, make your business case, and take delivery. Sure, it can be tricky to get sign off on these tech investments, but it’s a business problem with a logical [...]
Explore the importance of strategic technology investment in today's high-tech landscape for business success.
The skills gap has been a hot topic for many years. Our original research shows a 87% gap.
Recent predictions say we are headed into the year where technology gains critical mass! That is truly exciting for manufacturers as people and robots work in collaboration to achieve profitable growth and success.
Our manufacturing clients have really embraced the power of AI during the last year. From improved forecast accuracy that affects inventory levels, to working more openly with changing customer needs and the overall customer experience, they are already in the effects of using this data.
Should I really invest time and resources into technologies I don't know will pay back? For example, there is a lot of conversation about the value (or lack thereof) with blockchain, IoT, AI and more. This concern continues to arise and is on every executive's mind.
As I have been thinking about the food and beverage industry (and process manufacturing) and future proofing your business, I see several examples of proactive clients and colleagues' future proofing their business. As this is my latest, hot-off-the-press LMA-i, LMA Intelligence topic, I thought we'd explore a few trends related to food and beverage.
According to a recent project44 report, 94% of business purchasers surveyed expect the same level of customer satisfaction from a business transaction as they do when making a personal purchase. These expectations revolve around “low-cost, fast and highly transparent delivery of goods.”
