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Blockchain in Supply Chain: 2 Ethereum-Based Projects That Demonstrate How Blockchain Can Improve Supply Chains

GlobalTranz

On top of all that, billions if not trillions of dollars worth of potential working capital are tied up in illiquid assets such as 90-day invoice payouts or even the real estate value of, say, a warehouse or factory building. a pair of jeans that didn’t come from a sweatshop, for example. Download white paper.

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

GlobalTranz

For example, the analysis of procurement processes and expense trends might help companies select alternative or new suppliers, change the flow of supplies to optimize delivery time tables and enhance payment processes, such as double billing complaints. VR tends to replace the entire image. billion by 2021.

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Reshoring in America: The Future Outlook, Current Hindrances & Issues, and Ways to Stimulate Reshoring

GlobalTranz

Productivity in factories continues to improve, however, and are more efficient than ever, so the best jobs picture we can hope for is flat as we don’t believe that US Manufacturing jobs will ever be at the percentage they were at the peak in the late 70s. Also, the majority of factories that could leave may have already gone.

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Manufacturing Mobility Movement: The 5 Pillars & Why Executives Must Pay Attention

GlobalTranz

Do executive level decisions influence the small processes in a factory, or is the world simply ready for a new type of manufacturing industry? A recent study found that 80 percent of respondents, discovered in a survey by Packaging World magazine, own a tablet, asserts Apriso's Transformation Manufacturing Blog.

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Here’s Why Image of Manufacturing as Boring, Dirty, and Tedious is Drastically Changing

GlobalTranz

Is the factory pumping tons of lethal gases into the atmosphere? Additionally, 81 percent of students who participated in Manufacturing Day 2015 who were surveyed showed an increased interest in pursuing a manufacturing career. Picture of traditional job in manufacturing. Is the dust flying; are the squeals of machinery mind-numbing?

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Nearshoring & Reshoring Will Continue to Increase Thanks to these Main Benefits

GlobalTranz

For some manufacturers, having factories and operations in foreign countries is beneficial to foreign customers, but having factories in the US is also beneficial to US customers. If you want to see an example of offshoring verses reshoring, look no further than the illicit trade markets for name-brand fashion items.

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The 3 Myths & Current State of American Manufacturing

GlobalTranz

Lower costs of producing products overseas led to many manufacturers uprooting factories and placing them in less regulated markets. For example, a manufacturer may be able to produce 1,000 units of a product in China at a fraction of the cost of domestic manufacturing.