When accurate, near real-time channel data is not abundantly available, sales and inventory fall one or two steps behind true customer demand. And there can be devastating results — including poor channel intelligence, delayed incentive payments or overpayments, and occasional massive write-offs caused by excess inventory stuck in the supply chain.
Sampath Kumar, Partner and Global Leader at ISG (Information Services Group) Engineering Services, spoke with IMPO about the important trends and growth within the Engineering Services Outsourcing Market.
Many industries, especially manufacturing, are discovering that business intelligence and more efficient use of large amounts of data help them become more agile and better equipped to respond to ever-changing markets. As a result, many companies have concluded that their legacy ERP systems are simply not up to the task, and these same companies are finding the ideal business solution in cloud-based ERP systems.
When people think of the supply chain, they think trucking and warehouse. On the front lines, they see a need to be physically strong. They see a male-centric role. We don’t necessary think women can do things in the supply chain. We need for people to think differently.
Elemica, a Supply Chain Operating Network provider for the process industries, offers ten top initiatives in the journey to supply chain excellence.
Forklift fleets offer significant opportunities for warehouses and distribution centers to improve their eco-efficiency. One way is to convert from forklifts powered by internal combustion (IC) to electric lift trucks.
Meet the new job requirement for industrial facility and IT operations professionals — extrasensory perception, a.k.a. ESP.
Establishing new customer engagement opportunities is a top priority for manufacturers who are looking to build brand loyalty plus meet the expectations of the highly demanding Millennial consumer.
Last week, we published "Friendly Robots: The Future Of Advanced Manufacturing," about the creation of Baxter, the manufacturing robot. Here is a look at the purpose behind Baxter, his role in automating manufacturing, his interaction with humans, and his day-to-day work.
Using the data from three lathes in your plant to predict reliability is possible, but using the data from thousands of lathes in operation around the world adds a whole other layer of confidence in the prediction. This is the reason so many manufacturing equipment OEMs are beginning to offer reliability services as part of their product offering.
The most significant results from implementing the lean continuous manufacturing model come not from discrete changes to certain products or processes, but from incorporating the entire company into the lean continuous model journey.
Going “green” is not only good for the environment—it is also good for the wallet in the long run, and it helps boost the social capital of a company.
As the impending OSHA Hazard Communication Standard (HCS) deadline of June 15, 2015 approaches in the U.S., businesses are faced with the urgent need to define their strategy for the Globally Harmonized System of Classification and Labeling of Chemicals (GHS).
ClearSign Combustion Corp. has developed a new technology for the combustion region, dubbed Duplex Tile Technology. This new combustion technology could change the industry entirely by eliminating industrial emissions by a staggering 95 percent, reducing downtime and maintenance costs all while increasing profitability and fuel efficiency for manufacturers and plant operators.
GE’s venture capital arm, Goldman Sachs, Bezos Expeditions and a group of other big names have invested $26.6 million in the company to fund new research and growth. This new investment round brings the company’s total funding to more than $100 million since it was founded by the Australian roboticist, iRobot co-founder and former MIT professor Rodney Brooks in 2008.
According to Nager's January 2015 report, "It is easy to get the impression that American manufacturing has entered a new and exciting period of revival. Many in the media, along with consulting firms and economists, now tout the term “manufacturing renaissance” to describe this so-called revival...if only that were true."
An enterprise resource planning (ERP) solution can ensure consistency and accuracy in manufacturing, plus give you a dashboard snapshot of any given step in the project manufacturing lifecycle. So, when evaluating an ERP solution for your custom ETO manufacturing environment there are a few key things you should look for.
Planning and implementing a proper lift truck fleet service program is critical to optimizing the fleet’s uptime and productivity.
Mike Lanciloti, vice president of product management and marketing at Colorado-based Spectralink, spoke with Manufacturing Business Technology recently about mobile communications in manufacturing settings.
A recent analysis from the Manufacturers Alliance for Productivity and Innovation suggests a European economic recovery has been "sapped by a paucity of fiscal impulses and near-absence of centrally managed monetary stimulus."