Articles

Manufacturing

Manufacturers Remain Optimistic

Manufacturers Remain Optimistic

Despite continued impacts across industries (see chart), approximately 91% of manufacturers believe that North American manufacturing can recover from the COVID-19 pandemic, according to a survey by Thomas Insights. The report also highlights the following key findings: A significant jump in COVID-19-related impacts occurred—89% of manufacturers surveyed say they felt impacts from COVID-19 in April […]

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Tailoring Apparel Supply Chains for the Future

Tailoring Apparel Supply Chains for the Future

Apparel brands and retailers can use the COVID-19 crisis to take stock of existing business models and create more stable and sustainable supply chains for the future, finds GlobalData. Fashion retailers in key consumer markets across Europe and North America fight for survival as stores close, sales slump, and inventories mount. For many, the response […]

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Paul A. Myerson

The Road Map Out of This Mess

For years, I have been a proponent of operating a lean and agile supply chain, but some now say the COVID-19 pandemic has revealed the shortcomings of a supply chain that is perhaps too lean. To be “lean,” however, doesn’t mean maintaining extremely low inventory levels with no coordination or backup plan. It also appears […]

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How Shippers Are Handling COVID-19

Shippers are quickly responding to the COVID-19 outbreak, according to a survey by Echo Logistics. Shipping volumes demonstrate the resilience of companies and their ability to produce essential products during disruption, and highlight the important role transportation plays, according to Echo. Shippers’ responses shifted during just a two-week period: 28% of shippers said the virus […]

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Creative, Agile Leaders Look to Technology for Answers in a Post-Pandemic World

These are trying times as the current healthcare crisis affects us in ways never imagined. This is certainly the case in the supply chain, logistics and transportation sectors. What hasn’t changed, however, is the importance of strong, agile, creative leaders. These are the ones able to pivot their companies in response to anticipated lower volumes […]

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Distributors, Shippers Eye Surcharging to Stay Afloat Amid COVID-19 Outbreak

Logistics is one of the many sectors currently grappling with the impacts of COVID-19 on the bottom line. The need for seamless supply chains is paramount, with much of the world looking to the industry to feed families, maintain infrastructure, and even deliver essential medical equipment to front-line healthcare workers. Although the industry is among […]

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Felecia Stratton

5 Steps to a Contract High

In the mid-2000s, a U.S. computer manufacturer signed a long-term contract with an overnight delivery service to transport its products. By the eighth year of the 10-year contract, both the manufacturer and carrier wanted out. But both companies knew ending the agreement would be a lose-lose. The result: two years of distrust, retaliatory measures, and […]

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Coronavirus Precautions

Coronavirus Precautions

The Chinese government’s response to the coronavirus outbreak has impacted 280 supplier sites near Wuhan, China, according to Bindiya Vakil, chief executive officer of Resilinc, a provider of cognitive supply chain monitoring and mitigation solutions. Businesses could experience supply chain disruptions for three to six months, which is comparable to disruptions caused by the swine […]

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Top 10 Manufacturing Predictions

What’s ahead for global manufacturing? "Manufacturing companies are transforming from efficiency-oriented operations to resilient organizations driven by a tighter connection to markets and customers," says Kevin Prouty, vice president, Manufacturing Insights, IDC. Here’s what Manufacturing Insights predicts for the years ahead: 1: By 2023, 65% of global manufacturers will realize a 10% savings in operational […]

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Three Steps Manufacturers Can Take to Improve Supplier Collaboration

We all use technology to make our lives easier. We have software to manage household budgets and smart watches to keep us on schedule. And in the manufacturing world, technology can give real-time visibility into the entire supply chain process and empower collaboration with suppliers. Yet somehow, nearly two-thirds of manufacturers working in complex, highly-regulated […]

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Anne Sexton

4 Steps to Streamline Global Shipping

For global manufacturers, managing logistics and carriers across locations, countries, and regions is no easy task, particularly given the current unpredictable business environment. But while shippers can’t control fickle global relations, they need not be at their mercy.

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