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The Power of Purchase Order Collaboration: A Game-Changer in Managing Direct Spend

Logistics Viewpoints

This article explores the disruptive nature of supply chain disruptions, the significance of collaboration in managing direct spend, the role of Purchase Order (PO) Collaboration in tracking materials throughout the order cycle, and real-world challenges faced in PO Collaboration.

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The State of Supply Chain Trends Part II: AI, Procurement, & the New Lean

GlobalTranz

The State of Supply Chain 2016 Trends. In other words, the use of AI may help to improve patient outcomes and reduce delays from misdiagnoses or laboratory testing. A 2016 Accenture survey, reports RF Gen , explained how more companies are taking advantage of AI benefits through linked supply chains. Artificial Intelligence.

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

GlobalTranz

So, let’s take a look at how our predictions for the first four manufacturing technology trends (Predictive analytics, 3D Printing, and VR) to watch for in 2016 stacked up. The use of predictive analytics has the potential to dramatically reduce expenses in the manufacturing sector, particularly with respect to proactive machine maintenance.

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

GlobalTranz

WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Provenance ensures transparency in supply chains, with the aim of encouraging brands to source materials and labor in an ethical and fair trade manner. Download white paper. Maybe Ethereum could provide a long-needed solution.

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Two Million Vacant Manufacturing Jobs by 2025…How Can We Tackle the Skills Gap?

GlobalTranz

This estimate is according to responses provided by 83 percent of the manufacturing executives who participated in a survey conducted as part of an industry study by the Manufacturing Institute and Deloitte Consulting LLP. Skills Shortages. skilled production workers. researchers. machinists. scientists. appear to include the following.

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7 Ways 3D Technology Will Change The Manufacturing Industry

GlobalTranz

Here are seven ways in which this new 3D trend will shape the future of manufacturing sector: 1. According to a recent survey based report it is come to know that 3D technology will allow the manufacturer to double the mass production level. Reduce Crime. It is predicted that new 3D technology will reduce the crime level.

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

GlobalTranz

Chemicals plants, for instance, have little labor relative to the value of production, so offshore production does not save much. Nexant conducted a survey of the plastics industry , in collaboration with Plastics News , to understand reshoring trends and the effect on the North American market. As the U.S.