Articles

Manufacturing

Nearshoring Picks Up Steam

Nearshoring Picks Up Steam

All of the global supply chain snafus that have taken place over the past two years have caused many manufacturers to reexamine their supply chain and production networks. The question they all seem to be asking is: Should we bring production closer to consumption? A new report from Accenture indicates that answer is “yes.”

Read More
Manufacturers Feel the Disruption Burden

Manufacturers Feel the Disruption Burden

Supply chain disruptions over the past 12-18 months—including shipping delays and parts shortages due to truck driver issues and congested ports—have heavily impacted manufacturers (see chart). That’s the consensus of Deloitte’s new study, Meeting the Challenge of Supply Chain Disruption, which was conducted in partnership with Manufacturers Alliance. (see chart). That’s the consensus of Deloitte’s new study, Meeting the Challenge of Supply Chain Disruption, which was conducted in partnership with Manufacturers Alliance.

Read More
On Manufacturing Pessimism

On Manufacturing Pessimism

“Given current economic trends, it’s understandable that manufacturers’ optimism is declining. Yet, increased demand offers some promising news. To keep up, business leaders should diversify their material suppliers and challenge logistics providers to find ways to tighten delivery times. And, to address employee shortages, companies must revisit their talent strategies and implement comprehensive recruitment and […]

Read More
Materials Management: Definition, Process, Benefits

Materials Management: Definition, Process, Benefits

Materials management is an aspect of supply chain management and planning. The primary purpose of materials management is to ensure that manufacturers have all the raw materials they need to make goods. Materials management also focuses on ensuring that no components are wasted and optimizing  inventory maintenance and management. While materials management requires understanding what […]

Read More

How Manufacturers Can Navigate Global Supply Chain Upheaval

Supply chains have been teetering on the brink of downfall for many years from issues such as labor shortages, and the pandemic has only highlighted this problem further. When lockdowns started around the world, many empty shipping containers remained where they were. However, in early summer 2021, many countries loosened restrictions around COVID, unleashing pent-up […]

Read More