Remove Analysis Remove Material Savings Remove Survey Remove Training
article thumbnail

Use Digitization to Transform Chemical Supply Chain Planning Copy

CLX Logistics

Companies that have streamlined their supply chains experience a 15% reduction in supply chain costs, maintain inventory holdings below 50%, and achieve cash-to-cash cycles that are three times faster. [1] Knowledge pulls in specific rate structures and data points to determine how to save costs.

article thumbnail

Use Digitization to Transform Chemical Supply Chain Planning

CLX Logistics

Companies that have streamlined their supply chains experience a 15% reduction in supply chain costs, maintain inventory holdings below 50%, and achieve cash-to-cash cycles that are three times faster. [1] Knowledge pulls in specific rate structures and data points to determine how to save costs.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

International Sales Will Continue to Grow Say SMEs

Material Handling and Logistics

small and middle market enterprises (SMEs) are feeling very optimistic about the international market according to the 2018 American Express Grow Global Survey. The third annual survey of over 500 domestically-based companies selling outside of the U.S. trade policies (38%). small and middle market companies to sell internationally.

article thumbnail

Remote Control Services

Logistics Business Magazine

First, fewer in-house employees are needed on site, which saves money. Some 81 percent of those surveyed in an IT study carried out in 2021 with 1,451 decision-makers reported that they were seeing more cyber threats during the pandemic. If desired, a cause analysis can be added on to each problem-solving procedure.

article thumbnail

How the fabricated metals industry can benefit from a Cloud ERP system

SYSPRO Smarter ERP

This means that the industry is reliant on bringing in specific raw materials and because of this ‘hands-on’ approach, the industry has become increasingly susceptible to supply chain disruptions. With an ERP system running on-premise, a manufacturer needs their own security staff who require frequent training as security issues change.

article thumbnail

Remote Services: So far, yet so near

Logistics Business Magazine

First, fewer in-house employees are needed on site, which saves money. Some 81 percent of those surveyed in an IT study carried out in 2021 with 1,451 decision-makers reported that they were seeing more cyber threats during the pandemic. If desired, a cause analysis can be added on to each problem-solving procedure.

article thumbnail

How VR, 3D Printing & Predictive Analytics in the IOT are Currently Powering the Manufacturing Industry

GlobalTranz

The use of predictive analytics has the potential to dramatically reduce expenses in the manufacturing sector, particularly with respect to proactive machine maintenance. According to Sundeep Sunghavi, the use of predictive analytics will save approximately $630 billion in the manufacturing industry over the next 15 years.