How to Stimulate Manufacturing Growth After COVID-19
Posted by Gregg Profozich
It seems like no part of the economy has been left untouched by COVID-19. Both essential and non-essential industries have felt the impact of the novel coronavirus and its devastating effects on the economy, especially manufacturing.
Read MoreTopics: Supply Chain
The Importance of a Good Logistics Strategy in Manufacturing
Posted by Steven Brand
In 2005, the Council of Logistics Management changed its name to the Council of Supply Chain Management Professionals to add differentiation between logistics and supply chain management. Why? Because logistics is a component of supply chain management (SCM). While SCM is focused on the “big picture,” logistics is only concerned with the storage and flow of goods inside and outside the organization, from point of procurement to point of consumption.
Read MoreTopics: Supply Chain, logistics
Supply Chain Management and Logistics: What's the Difference?
Posted by Steven Brand
Are supply chain management and logistics the 21st century’s answer to George Gershwin’s famous lyrics “to-mayto, to-mah-to”? Today, many manufacturers treat the words as one in the same, and often use them interchangeably. Complicating matters further, what is considered supply chain management (SCM) in the U.S. is known as logistics management in Europe. However, while the words share commonalities, they are very different concepts meaning very different things.
Read MoreTopics: Supply Chain, logistics
How to Optimize Your Supply Chain—and Your Business
Posted by Steven Brand
Supply chain management has long been used to reduce costs, improve efficiencies, and increase customer satisfaction. Today, many companies even believe that a lot of competition within the manufacturing sector is not just about who has the greater product or better brand, but who has the best supply chain.
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3 Steps to Lower Supply Chain Costs for Aerospace and Defense Manufacturers
Posted by Steven Brand
The global aerospace and defense (A&D) industry grew by 2.4% and generated about $674 billion in 2016, according to a Deloitte 2017 study. California alone was responsible for generating $62 billion a year in revenue in 2014, according to a 2014 California Aerospace Industry Economic Impact Study. The supply chain is a critical component of aerospace and defense manufacturing. In the face of challenging competition, industry manufacturers are aggressively looking for ways to improve processes, lower costs, and achieve long-term operational performance through supply chain optimization.
Read MoreTopics: Supply Chain, Aerospace and Defense
5 Actionable Steps to Help Small Manufacturers Improve Shipping and Distribution
Posted by Steven Brand
Small manufacturers feature a different set of considerations from their larger counterparts. These are small businesses that are privately owned and operated, typically featuring a small number of employees.
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Are Manufacturers Overlooking the Importance of Logistics?
Posted by Steven Brand
Do you have any employees in your manufacturing operation that have been in the military?
Read MoreTopics: Supply Chain, Manufacturing
Is Overproduction Driving Your Labor Costs Out of Control?
Posted by Steven Brand
In today’s manufacturing environment, we know that getting the product to the customer in a timely manner while keeping the cost of production and delivery as inexpensive as possible is one of the top goals.
Read MoreTopics: Supply Chain, Lean Manufacturing
Why Agile Supply Chains Are Important to Reducing Disruptions
Posted by Marjorie Dunn
It’s no secret. We’re living in an unpredictable world. Since the collapse of the financial markets in 2008, the business landscape changed forever. Manufacturers have been scrambling ever since to figure out how to keep afloat, remain in business and, if lucky, actually turn a profit. Creating an efficient and agile supply chain has been a key issue for businesses with respect to how to do just that.
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5 Quick Tips about Supply Chain Management
Posted by Ellen McKewen
Cost, performance, quality and value are
all encased under the supply chain umbrella.
Topics: Supply Chain