The terms “network” and “network effect” get tossed around a lot these days when discussing strategies to improve manufacturing operations and supplier relationships. But “network” and “effect” are used in a variety of ways and incorporate very different initiatives depending…
Photo By WavebreakMediaMicro Materials management is a crucial component in the manufacturing process, whether it be delivering raw materials from suppliers to manufacturers or managing the spare parts needed to ensure finished products make it out the door. Without a…
As seen on Forbes U.S. and global oil, gas, energy, and utility companies are looking at challenges in their markets, rarely seen in recent years. The complexity of delivering energy to previous high standards is staggering. Power grids are becoming…
The Covid-19 pandemic continues to send shockwaves across the global supply chain even after 2.5 years, putting inventory levels at a lot of risk. This is further exacerbated by other disruptive events such as the “Zero-Covid Policy” in China, extreme…
For some reason, the data cleansing initiatives manufacturers find themselves wasting money on time and time again just won’t go away. Not only is it a complex, multi-step process that requires a specialized set of software, people and procedures, it’s …
The story’s not new. There’s a saying in literature that if you were to look at every story ever written, break them down to their basic components, they pretty much tell the same story over again – star-crossed lovers, the…
As seen on Forbes Food prices are soaring as inflation, product instability, and supply chain delays are causing all sorts of havoc within the food industry. As a result, consumer packaged goods manufacturers and food & beverage companies have to…
A cloud solution reaching across all systems With cloud platforms and services becoming more widely adopted, a company should optimize their MRO inventory management strategy via cloud technology to reduce supply chain risk, as it will present the opportunity to review…
Increase data visibility for more accurate insights When your team implements a proper continuous MRO optimization plan into your operations, they often see lower costs through waste reduction, increased productivity, and heightened responsiveness to variability in MRO needs. When you…
As seen on Forbes If the Pandemic crippled the global supply chain, the war in Ukraine knocked it to its knees. The greatest supply chain challenge today is a prolonged Ukraine-Russia war. Beyond uncertainty, it creates barriers in the market,…
