The manufacturing industry relies on its legacy systems and equipment to get work done. This has been the way for decades. A report on the state of the manufacturing industry states that only 26% of manufacturing plants believe implementing new…
Manufacturing can be challenging in the best of conditions. But for small and medium-sized businesses (SMBs) striving to remain competitive with large companies, their smaller size and reach mean that planning is even more crucial. Small and medium-sized businesses often…
Capacity planning has always been a core strategic process in the manufacturing industries’ quest to meet the demand of customers in a timely and efficient manner. Having accurate insight into your plant’s production capacity within specific durations of time while…
For companies with outdated or manual inventory management systems, lack of certainty about the accuracy of inventory levels can make managers and decision-makers apprehensive during busy times. If calculations and inventory management practices are off, companies may find themselves with…
While every business works diligently to improve efficiency and operational excellence, at the end of the day it’s the customer who determines a company’s success. And companies are looking for new ways to optimize customer service levels to improve…
Aligning demand with supply is a critical function for any company. And it’s one with a lot of moving parts. The right demand plan must have a balance of inputs from all areas of the company to create forecasts that…
There’s little that could properly prepare the world for the magnitude of global events such as the COVID-19 global pandemic. These situations not only impact us as individuals, but often highlight critical vulnerabilities in our business processes. Supply chain planning…
With everyone’s health a top priority due to Covid-19, we’re facing unprecedented times, and in many cases flying by the seat of our pants to maintain as much normalcy for ourselves and our families as possible. Now enter the workforce,…
Going completely digital is a big step that not every business is ready for. That’s alright! There are still smaller steps that can move you in that direction. Manufacturing.net said, “Starting small with workflow automation allows organizations to streamline simple…
78% of the businesses studied were missing significant opportunities in their supply chain. Accenture said, “The remaining 22% of companies, referred to as “Leaders,” are making smart moves in three areas — digital investments, customer-centricity and ecosystems. This is enabling…