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Think Tank
All Technology: Page 392
To Save Money, Manufacturers Turn from Low-cost Labor to Smart Technologies to Boost Productivity
For the past few decades, the scramble for competitive advantage in manufacturing has largely revolved around finding new and abundant sources of low-cost labor. But with wages rising rapidly in China and other emerging markets, manufacturers worldwide are under intensifying pressure to gain advantage the old-fashioned way - by improving their productivity.
Truck Trailer Market in 2015 May Be 'Best' Since 1990s
Nearly 44,000 net orders were posted in December, the second-strongest month on record for the trailer industry, according to the most recent State of the Industry: U.S. Trailers published by ACT Research Co. For total year 2014, net orders were 359,000, up nearly 55 percent over 2013.
Spot Load Volume Slips 19 Percent, Truckload Rates Take a Dip
Spot market volume slipped and average truckload rates edged downward during the week ending Jan. 24, according to DAT Solutions, which operates the DAT network of load boards.
For Supply Chain, the Cloud Is Still on the Horizon
For all its promise of lower cost and easier management of software applications, cloud technology has yet to be fully embraced by supply chain managers.
PrimeRevenue Releases New Version of SCiSupplier Platform
PrimeRevenue Inc., a provider of applications to support financial supply chains, has released Version 6.0 of its SCiSupplier platform.
Rail Not Likely to Make Greater Use of GPS to Keep Tabs on Carts Soon
Tracking rail carts with GPS and cellular could bring value to the rail sector; however, penetration rates on rail carts are currently very low (globally less than 50,000 in 2014), and growth is not forecasted to be very strong over the next 5 years, or even the next 10, according to ABI Research. Therefore, for the time being at least, it looks like RFID will dominate this sector.
What Threat, If Any, Does AmazonSupply Pose to Industrial Distributors?
With any discussion regarding the future of industrial distribution, the impact of AmazonSupply is sure to come up. Distributors seem to have differing views on this impact, ranging from fear of ArmageddonSupply to a shrug indicating "this too, shall pass."
Suppliers in U.S., Brazil, China Said Least Able to Deal with Climate Change Risks
Lack of preparation leaves supply chains in Brazil, China, India and the United States more vulnerable to climate risks than those in Europe and Japan, according to research released by CDP and Accenture. However, suppliers in China and India deliver the greatest financial return on investment to reduce their greenhouse gas emissions and demonstrate the strongest appetite for collaboration across the value chain.
Chemical Industry Advised to Make Big Changes, Harness Digital Technologies
Chemicals companies can no longer afford to be passive about restructuring their business models or technological transformations.
'De-costing' Programs May Save Manufacturers Huge Sums
U.S. manufacturing executives have an opportunity to make their factories even more competitive through parts and components de-costing programs. De-costing is simply a term that refers to removing cost from operations period-over-period. Parts and components usage is a great place to focus because improvements can provide such clear returns.
Regardless of Which Manufacturing Model Is Used, Cloud-based ERP Is Important
Companies with centralized manufacturing have a single facility to produce and distribute their products or a central factory with multiple distribution points in their supply chain. A decentralized manufacturing company has multiple facilities that cover large areas, allowing products to be manufactured and distributed close to customers. Which is right for your enterprise?
'Smart' Manufacturing Boosts Bottom Line, Report Finds
The venerable factory is an important competitive weapon in the digital economy, according to Smart Manufacturing - The Path to the Future Factory, a report from research firm IDC Manufacturing Insights.
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