Variable market conditions and a continuously shrinking workforce have drastically crippled supply chains in recent years. Automation is the only viable option for companies looking to address labor shortages and optimize operations during times of peak demand.
Germany’s economy has faltered because of the energy crisis. German GDP fell by 0.4% in the final three months of 2022, according to data published February 24 by the country’s Federal Statistics Office.
Digitization efforts across manufacturing have created new opportunities with digital twins, predictive maintenance and cloud systems. And while these technologies are changing the industry, we have an opportunity to do more.
The COVID-19 pandemic exposed how little organizations knew about their supply chains. Building strong resilient supply chains will require a conscious development of collaborative supplier relationships to actively drive transformation.
Sadhna Gupta, assistant manager of procurement research with Aranca, describes recent trends in the price and availability of silicon metal, an essential material for global manufacturing, as well as the outlook for the coming year.
Tesla Inc. is recalling hundreds of thousands of vehicles after U.S. authorities said its automated-driving technology could increase the risk of a crash.
Traditional approaches to data management are failing to meet new business requirements that demand a combination of real-time connected data, self-service, and a high degree of automation, speed, and intelligence.
Ford Motor has stopped production and shipments of its electric pickup truck, the F-150 Lightning, while it looks into a potential problem with the vehicle’s battery pack.
Jamie Wallisch wants companies to recognize that they truly have leverage. “Manufacturers do have an important part to play, even though it seems so high up and far removed,” she says.
The latest supply-chain news, analysis, trends and tools for executives in the industrial manufacturing industry. Learn how industrial manufacturing companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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