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To respond to demand more quickly, manufacturers will need to incorporate big data, advanced analytics, and other technologies into their operations, according to a white paper from UPS.
Reverse supply chain management and closed-loop recycling reintroduce reusable parts and materials into the forward supply chain. Manufacturers, consumers, and even the planet can benefit from this practice.
The next 24 months will bring radical changes in manufacturers' supply chain strategies and operations, says analyst group IDC. The drivers: technologies such as cloud-based commerce networks, demand-sensing technology, and 3-D printing.
Trends in the engineering and manufacturing sector, such as growing demand from emerging markets and an increase in product customization, are requiring companies to change how they organize their supply chains, says a DHL report.
By tailoring its supply chain strategy for specific product segments, the global beverage company reduced the risk of disruption to its growing Asian business. In the process, it gained a competitive advantage in this vast and variable market.
In just a few months, publicly traded U.S. companies will have to report their use of certain minerals and their derivatives to the government. Not ready just yet? Here's how to get your compliance efforts under way.
As new technologies transform manufacturing from an activity defined by hardware and logistics constraints to one that's largely defined by software, supply chain leaders will have to completely reshape their product manufacturing and design processes. Most look unprepared to meet that challenge.
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