Digitization Remains a Manufacturing Priority

The prolonged shortage of electronics components has accelerated supply chain innovations viewed as “nice to have” for years and has rendered many of them imperative. Digitization – essentially, automating manual tasks throughout a manufacturing network – is considered important to achieving business goals by 87 percent of respondents to a recent survey. Yet progress has…

6 Ways Digitization Is Impacting the Manufacturing Industry

The manufacturing industry is a prime beneficiary of digital technologies. Digitization, also called Industry 4.0, has enormous implications for manufacturers and professionals who buy, sell, design, fabricate, or use electronic components and equipment. Weather, climate and geopolitical events tend to surface weaknesses in the manufacturing pipeline, including electronics fabrication. Chip shortages in 2020 and 2021…

How CSR Improves Supply Chain Relationships

Tech companies have been among the early drivers of corporate social responsibility (CSR) initiatives but in general, businesses lack official performance targets and policies, according to Forrester Consulting. The inability to effectively assess individual suppliers and to measure overall supply chain performance are top impediments to progress. The research found CSR’s scope has grown beyond…

Why the Pandemic Has Been Good for Robotics

Due to economic and environmental pressures industrial operations are moving toward a more automated future. This has been happening for quite some time as automation, powered by robotics in manufacturing, provides a host of benefits such as operational cost savings, higher efficiency and faster time to market. The global market for both industrial and non-industrial…

sourcing, procurement, strategic

Why Siemens Bought a Supply Chain Company

Where does a supply chain firm fit into Siemens AG’s portfolio? Supplyframe, which Siemens acquired in May, will be integrated into Siemens’ Digital Industries unit and become part of its software-as-a-service (SaaS) offering. In its 18 years in business, Supplyframe has evolved from a components aggregator to a “design-to-source” intelligence (DSI) firm. Its DSI platform…

Speedbumps Abound on the Road to Digitization

“Digitization” is, like “resilience,” the new mantra for the supply chain. Digital applications range from automated paperwork to complex networks that provide end-to-end visibility of global supply and manufacturing operations. Digitized systems work across geographies and products to provide real-time data on inventory, delays, disruptions and resolutions to manufacturing sites and supply-chain partners. Interconnected supply…