Business stakeholders often overlook sourcing and procurement departments, viewing them as tactical purchasing and contract administrators or even as barriers to the buying process. The pandemic gave procurement an opportunity to prove its value, as businesses relied on cost savings and critical supplies such as PPE-related goods and services to stay afloat and keep employees…
“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…
While the integral Suez Canal supply channel is no longer blocked, other supply chain issues remain. In fact, according to a recent report, 24 container ships – with a combined maximum carrying capacity nearly 10 times that of the Suez Canal ship – were recently anchored off the coast of Los Angeles and Long Beach…
When the Covid-19 pandemic hit, it disrupted global supply chains which forced organizations around the world to scramble to react. While there are many lessons learned from the pandemic, especially as we are starting to see the light at the end of the tunnel, it was clear early on that some organizations were better equipped…
The supply chain, along with the rest of the economy, is undergoing a major digital transformation right now. The development of new Industry 4.0 tech — like Internet of Things (IoT) sensors and big data analytics — as well as the increasing availability of computer resources has made digitization a more and more compelling option.…
The reality of Covid-19 has settled into the electronics supply chain as shipment delays, labor shortages and flight cancellations have upended global logistics. Although the tech industry has improved supply chain resilience, new technologies are gaining traction as the coronavirus spreads. The previous weeks have focused on Chinese supply as manufacturing slowly recovered across the…
As you probably know, the multichannel supply chain is a direct response to the internet’s rise as the center of our commercial lives — and the wealth of options it provides consumers today. However, wringing the most efficiency out of this setup is anything but simple. Why technology isn’t enough The internet gives all sizes…
When was the last time you sought out a truly new supply chain idea or new way of trying to solve obsolescence? As the global electronic components market comes out of the shadow of shortages and unprecedented merger and acquisition activity, how is the landscape different? How many others in your organization understand the risks…
Manufacturing was one of the first industries to grasp the potential of the Internet of Things (IoT). The ability to wirelessly connect and manage multiple factories and machines provides almost infinite opportunities for cost-savings and efficiency. Global EMS provider Sanmina Corp., which has linked more the 25,000 pieces of manufacturing equipment, is beginning to quantify…
General Dynamics, a $31 billion manufacturer of aerospace, combat, IT and marine systems, didn’t have problems with its supply chain. But management thought the company could do better. “When [General Dynamics Mission Systems President Chris Marzilli] asked me to take on supply chain [realignment], it wasn’t that it was doing a bad job,” said Scotty…