These are challenging times in the global auto industry. Constantly rising production costs and supply chain delays brought on by the war in Ukraine have combined to lower automakers’ annual sales forecasts. Final vehicle delivery is at the heart of…
If anything 2022 has brought us so far, it’s more fear, uncertainty and doubt. A year that many believed would return us to some semblance of normality has been anything but as new events and policies bring about yet another…
A decades-long focus on increasing the redundancy of supply chain operations has only led to unnecessary costs and fragility. With modern supply chain technology reaching novel heights, enhanced digitization can not only reduce redundancy but also bring profitable resilience, improved…
Traditional inventory management can be one of the most painstakingly repetitive tasks for businesses. It is time-consuming, prone to errors, and can divert resources of the business that could have otherwise been used to generate a positive ROI, like building…
MRO costs are often so high that they negatively influence profit margins and prevent company productivity. Your maintenance, repair, and operations (MRO) budget should not take a majority of the proverbial pie, and if it does this is your sign…
Image by Bethany Drouin from Pixabay Digitization provides a host of advantages to your supply chain, but perhaps the most important is that it can protect you from risk and positively impact your bottom line. A recent survey found that…
Increasingly complex supply chains with higher outputs of data threaten to put you at risk of falling behind – stay on top with cloud inventory management software. How the cloud is changing inventory management for the better Supply chains are…
Production downtime is inevitable for any manufacturing company, but minimizing unscheduled outages is especially critical in these delicate times. No matter how technologically capable the supply chain process becomes, there will always be a time when a manufacturer must stop…
Supply chain risks have never been more prevalent, and in order to stay afloat, businesses need to do more than ever to mitigate these disruptions. Supply chain risk management involves implementing several strategic steps to mitigate risk throughout supply chain…
With real-time data insights, you can take decision-making and supply planning to the next level, reducing risk and saving you valuable resources. Inventory Management Optimization is a modern process of supporting streamlined sales, operations, and supply planning that reduces the…
