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3 Tools to Minimize Waste: A Boon to Lean Manufacturing Strategies

GlobalTranz

Most of the manufacturing industries have already incorporated lean manufacturing strategies to undermine the non-additive materials from their products. The 3 Most Important Tools for Lean Manufacturing Strategies 1.) Lean manufacturing is one of the leading waste minimization technologies inside a manufacturing industry.

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Chinese New Year Supply Chain Chaos?

Logistics Business Magazine

A larger share of freight forwarders and supply chain professionals this year in 2023 are expecting disruptions owing to COVID outbreaks in China and the Chinese New Year factory closures as compared to the last year (2022). “We commented Mr. Sun Director / General Manager, CNTRANS in the webinar.

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Bridging the Manufacturing Skills Gap on the Plant Floor

GlobalTranz

In other words, the manufacturing skills gap is brewing a cauldron of dangers and profit losses, and you need to understand a few things about bridging the gap in factory settings. Training Can Be Part of Workforce Development Strategies. The role of training in the factory remains a top factor for bridging the skills gap.

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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. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download white paper.

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Skills Gap: Why It’s Creating New Manufacturing Opportunities

GlobalTranz

Manufacturers Can Re-evaluate Factory Processes. . Since the skills gap reflects changes in how manufacturers operate, it represents the opportunity for manufacturers to re-evaluate their current factory processes, including a wide, diverse group of job positions, explains ThomasNet.

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[INFOGRAPHIC] The End of Made In China Manufacturing

GlobalTranz

Factory workers demanding better wages and working conditions are hastening the eventual end of an era of cheap costs that helped make southern coastal China the world’s factory floor. However, it seems the end of the Made in China manufacturing era may be in sight. Labor Costs Driving an End to the Made in China Manufacturing.

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How Can Supply Chain Leaders Use Big Data as a Tool to Continuously Improve?

GlobalTranz

The most common complaint of newer companies using big data analytics capabilities tends to revolve around traditional questions of business strategy. Consider the following elements explains John Richardson of Inbound Logistics, that impact business strategy. Increasing order efficiency. Demand forecasts. The quantity of each product.