The rent-over-own consumer mentality is creating a share economy, with end users interested in only spending what’s needed, rather than investing in a depreciating product. Manufacturers – especially those with dealer networks – need to consider a shift in thinking that reflects the shift their customers are making.
As the needs of buyers become more unpredictable and complex, and as they begin to demand more frequent product launches and extreme personalization, manufacturers are struggling to keep up, let alone profitably. It’s time for manufacturers to begin creating the ecosystem they’ll need to dominate their markets.
Manufacturers and wholesale distributors are optimistic about the perceived impact of the Trump administration’s plans for trade deregulation on their businesses, according to new research commissioned by business software provider Exact.
Now more than ever healthcare supply chains are key differentiators for best-in-class manufacturers.
What do new buying trends mean for those providing logistics solutions to you, especially if your logistics partners are not market monsters?
Contrary to public perception, U.S. manufacturing and logistics industries experienced dramatic growth over the past generation, says a new report from Ball State University.
E-commerce impacts not only consumer supply chains, but business to business supply chains as well.
To meet the changing needs of today’s manufacturers, third-party logistics (3PL) providers need to distinguish themselves through collaboration and technology investments.
High taxes and complex regulations create new choices for manufacturers: Nearshore? Offshore? Sue and settle? No matter what they decide, their supply chains will be impacted.
Wagner Logistics helps a leading manufacturer of lawn care equipment overcome growing pains.
As U.S. firms continue to reshore, new supply chain opportunities are arising for both shippers and providers. Manufacturers and their logistics service providers should understand the reshoring trend and the resources that are available to assist them with both the reshoring decision and process.
Oregon-based manufacturer Blount International was bleeding money from leaks all across its supply chain. It found that the correct application of the right data management technology provided and maintained by the right partner was the solution to the problem.
India-based textile manufacturer accused of providing fraudulent products; Iran seeks to strengthen trade relationships in Latin America; British manufacturers get small boost in wake of Brexit referendum
Maintenance training helps manufacturers battle labor shortage; Can shippers use technology to help meet new food safety mandates?
With demand for speed and convenience at an all-time high, companies must streamline and speed up order fulfillment. Technology that allows sales reps and customers to rapidly write orders and submit them almost instantaneously for fulfillment is a major competitive advantage.
To meet the changing needs of today’s manufacturers, third-party logistics (3PL) providers need to distinguish themselves through collaboration and technology investments.
An instant selling and ordering procedure could be a differentiator for industrial companies looking to boost their customers' industrial buying experience.
If there’s one lesson that we’ve learned from fine bourbon or whiskey, it’s that good things come to those who wait. Distilleries know this better than anyone. But when it’s time to get that product out the door and in the hands of distributors, the last thing a distiller wants to do is wait.
Driven by the realization that business and society can no longer intersect at the crossroads of profits first and society second, business is embracing a new order that puts the interests of society on a level that is at par with the interests of business. This has prompted a closer look at the supply chain and an increased emphasis on sustainable sourcing.
When performance management processes are functioning properly, the link between strategic business objectives and day-to-day actions comes together.
Where the presidential candidates stand on transportation infrastructure; Amazon announces new air cargo fleet; consumers willing to pay more for sustainability; first successful cross-country trip by a vehicle on autopilot; trucking industry driver shortage reaches 48,000 drivers; shippers rail against railroad mergers; hoverboards illustrate problem with American manufacturing; consumers want package deliveries their way; reducing cargo theft risk; FMCSA passes measure to fight back against driver coercion; skills required for a successful career in supply chain management; Surface Transportation Board gets back on track; FMCSA sets deadline for requiring truckers to install electronic logbooks in all vehicles; technologies to watch in 2016.
3D printers may alter the supply chain by reducing manufacturing lead times and creating shorter time-to-market for new designs.
While a U.S. manufacturing revitalization is happening in some sectors, the chances of a wholesale national shift occurring are more rhetoric than reality in the current market.
Contract manufacturer Apex International had seen its growth halt as it struggled to deliver products on time and provide sufficient quality control. With the help of Simpler Consulting, Apex adopted Lean management principles to transform its culture and return the company to a path of growth.
While doing business with China, many companies face a wide range of challenges trying to navigate the country’s complex trade programs.
Slovenian Post acquires logistics network to diversify business; Ontario cap-and-trade threatens Great Lakes-St. Lawrence shipping; China looks to build modern logistics cities; UAE manufacturing potential exposes labor market flaws; Nicaraguan Canal financing faces fresh skepticism in light of stock market crash.
From a shipping perspective, manufacturers can best address today’s increasing regulations and demand volatility by outsourcing shipping to a third-party logistics provider.
In spite of U.S. dollar strength, domestic manufacturing remains competitive globally; UPS tests new electric cargo bikes to handle urban deliveries; Bi-national Great Lakes Seaway Partnership promotes commercial shipping along the Saint Lawrence Seaway system; Mercedes-Benz reconfigures its global supply chain; Global Logistic Properties shifts investment from China to United States; Freight rail gains traction in passenger transport-focused China; China debuts the world’s longest freight train route linking the northeast city of Harbin with Hamburg, Germany.
Companies are increasingly using M2M to maximize operational efficiency, minimize loss and theft, and better serve their customers.
Offering apps with products helps manufacturers improve customer satisfaction and lower complaints and returns.
Supply chain ‘modeling’ replicates real-world events; Retailers and manufacturers make the jump to RFID; U.S. trucking industry sees better utilization and financial results; Data analytics is a big growth market.
Providing technology solutions helps third-party logistics providers stand out from competitors and adds value to their services.
Failure to comply with domestic and international customs regulations can have a huge impact on the bottom line.
U.S. beef supply chain participants form partnership to improve sustainability; Manufacturers and retailers fail to adopt best-in-class processes and technology to address global complexities; Online retailers need to rethink how they align their distribution networks; Spot market rates dip seasonally as West Coast volumes catch up; Staples and Syracuse University partner to drive new research and innovation.
A review of the important mile markers in supply chain management that brought us to present day shows we have made progress, but there is more work to be done.
Eelco de Graaf, vice president, supply chain operations at Lewis-Goetz and Company, is responsible for purchasing, shipping, manufacturing, and operational excellence.
Many manufacturers have turned to molded pulp as an environmentally friendly packaging alternative.
Areas like Northeast Florida actively work to make their local climate a business-friendly one.
IBC Advanced Alloys puts a pedal to the metals to manage the logistics of complex manufacturing.
Six Sigma helps electronic products company Jabil run like a lean, green manufacturing machine.
It was the worst of times for U.S./Mexico healthcare. Can demand-driven logistics make it the best of times?
North America’s manufacturing sector is on an upward trajectory. However, a shortage of young talent, compounded by Baby Boomers’ negative perceptions about Millennials, could impact its continued expansion, according to ThomasNet’s latest Industry Market Barometer® (IMB) research.
How manufacturers can use technology to stretch the capabilities of their existing workforce.
Five common misconceptions about LED lighting in industrial and hazardous facilities.
Executives at two leading companies weigh in on supply chain’s value to their organizations.
When a merger required Nature’s Way to consolidate distribution facilities, it called on the services of system supplier The Numina Group for a new design and technologies. Today, the facility successfully distributes products to customers in 50 states, and overseas through five supply chain channels.
When customers need products fast, Chet Mullen of lift truck manufacturer Raymond Corporation rises to the occassion.
Expanding beverage product lines are generating new stockkeeping units (SKUs) - and supply chain management challenges.
Port of Los Angeles targets $3 billion for infrastructure investment; Montreal-based Fednav uses drones to scout shipping conditions; U.S. manufacturing renaissance faces a skilled labor shortage; Apple tops Gartner’s Top 25 Supply Chain list for the seventh consecutive year.
Bob Kalland digs his job as inventory and logistics manager for Atlas Copco Mining and Rock Excavation.
China and Taiwan depend on one another; Emirates targets multimodal transportation infrastructure investment; Chile port strike ends, concerns remain; Free online returns stoke Canadian consumption but place onus on U.S. retailers; Europe looks to United States for re-shoring inspiration; Mondelez debuts new GS1 standard
Selecting sites for manufacturing and DC facilities involves tax incentives, suppliers, and logistics providers.
U.S. companies stand to gain from establishing manufacturing operations in Mexico – if they manage the challenges.
Collaborative risk management helps automakers and their supply chain partners protect against disruptions.
The aerospace industry explores new strategies for producing planes quickly, efficiently, and profitably.
Special print production needs prompted DC Comics to seek an overseas partner and rework its logistics.
Shifting production closer to the U.S. can benefit supply chains, but nearshoring also presents obstacles.
Manufacturing in Mexico gives U.S. companies quality control, lower transportation costs, and faster transit times.
A look at the supply chain for manufacturers that supply materials or components to other manufacturers.
An order management system from DF Young and Superior Technology helps Cintron Beverage Company boost inventory accuracy, fulfill orders easily and quickly, and track products throughout the supply chain.
The emergence of domestically sourced natural gas heralds significant changes in the North America energy market.
U.S. manufacturing renaissance reflects a supply chain shift not a seismic one; Food supply chain adapts to growing ethnic diversity and changing consumer tastes; 3PL relationship key to competitive advantage; Shippers face tough operating environment; Midwest floods present new challenges for inland waterway shippers; ATA debuts new program to groom a new generation of trucking leaders
Minnesota's warehouse tax may push jobs out of state.
Shifting manufacturing operations in Asia back to North America provides companies more control of their supply chains, says Steve Sensing of Ryder Supply Chain Solutions.
By switching to lighter-weight containers and consolidating inbound shipments, construction equipment manufacturer Caterpillar cut both carbon emissions and costs.
Benetton follows apparel trend and detoxes supply chain; Apple CEO Tim Cook proves demand forecasting is best left to experts; Wisconsin public-private partnerships invest in rail; Amazon and Texas settle sales tax dispute, move forward; The Alaskan Brewing Company uses spent grain as new energy source.
The Alternative Site Framework designation is changing the Foreign Trade Zone landscape, allowing shippers a more expedient process for streamlining the supply chain.
Production logistics can increase an operation’s efficiencies and save companies money by creating the right blend of technology, equipment, and disciplined processes to ensure materials get where the are needed to keep production flowing, writes Tom Stricker of HK Logistics.
As automotive production levels return to pre-recession levels, consistently delivering quality products has become one of the defining characteristics of successful carmakers and logistics service providers, writes J. Scot Sharland, Automotive Industry Action Group.
Pharmaceuticals manufacturers face special supply chain challenges such as temperature control, security, chain of custody, and regulatory compliance, but successful strategies help deal with these issues.
Mexico-based automotive glassmaker Vitro Automotive opened a distribution center in the United States to serve Detroit automakers just-in-time requirements. Its long-time logistics service provider Evans Distribution Systems staffed the new DC for Vitro to ensure a quality workforce.
The time is right to bring overseas manufacturing back to the United States. U.S. entrepreneurs - and entrepreneurial companies - can domestically manufacture quality products, bring them to market as the low-cost producers, and yield a sustainable profitable business model, writes Elisha Tropper of Cambridge Security Seals.
Shifting perspectives on supply chain management, coupled with the realities of total landed cost, are driving manufacturers to weigh the benefits of flinging production operations in China back to the United States.
Inbound Logistics Publisher Keith Biondo examines a trend in moving manufacturing from China back to the United States.
3PLs and tech providers can empower ethical supply chains, winter warehouse tips, what is most important to carriers when working with shippers, Fleet Advantage 2018 benchmarking survey reveals fleet operators pulse about rising fuel and maintenance and electric trucks, female high school students, findings from 2019 Third-Party Logistics Study, Forrester forecasts that companies will spend $434.9 billion to run IoT solutions by 2023, startup aims to make robots safe around factory workers, conditions ripe for multistory warehouses, automated material handling equipment market to exhibit significant growth during 2018–2024
With one in every six jobs now tied to manufacturing, American-made products are making a profound comeback in today’s progressive U.S. economy. Known as Industry 4.0, this trending wave of innovative disruptors - 3D printing, robotics, big data, and the Internet of Things - is changing the global supply chain and the world's geo-political view of American manufacturing.
New IDC research provides manufacturers the top 10 predictions and underlying drivers expected to impact future IT investments; new report on fashion industry outlines a human-centered supply chain; in a workforce being transformed by the rise of the gig economy and the restructuring of industries, what attitudes and behaviors do procurement professionals need to sprint up the career ladder
A retailer or manufacturer who has a clear monitoring program in place will have peace of mind going through this holiday season. When everyone in the supply chain knows exactly what is going to happen if products are damaged, then the groups can work better together to ensure products arrive safely and consumers are happy.
E-commerce continues to mow down traditional business practices. To adapt, companies serving manufacturing, industrial, and retail customers are seeding their portfolios with new services, and not letting any grass grow under their feet.
Status quo will not be the norm in 2018 as major and minor changes are brewing in business operations.
Manufacturers embrace IIoT to improve quality and operational visibility.
There’s a lot of interest in the industry right now regarding advanced technologies like blockchain and AI and the benefits they could bring to logistics operations – and with good reason. But, for all the promise these appear to hold, there are proven enhancement-focused tools already available – in particular, scorecards – that supply chain managers should take full advantage right now to ensure optimized performance across all supply chain functions.
As technology and innovation continue to enable new options, supply chains will be sure to keep pace and take us to new heights.
Maturing systems, implementation expertise, and newly enacted tax incentives bode well for significant leaps in supply chain efficiency. Here’s why 2018 will be the year for technology ROI.