When global automotive supplier Inteva Products was spun off from its parent company, the new enterprise opted for a cloud-based ERP solution. Ben Stewart discusses this decision and its benefits to the supply chain and other functional areas.
If you were associated with manufacturing and distribution operations a few decades ago, you may have heard of Dr. Eli Goldratt, the theory of constraints and his book titled "The Goal."
Dutch truck tire and retreading company Roline is embedding radio frequency identification tags in the tires that it retreads, not only to better manage its own production processes and warehousing, but also to enable its customers to track the tires they install on their fleets of trucks, buses or cars.
If the hype is true, the supply chain is on the brink of a revolution, with cloud computing improving everything from product design to vendor management inventory - and now manufacturing, too.
Economic activity in the manufacturing sector contracted in May for the first time since November 2012, and the overall economy grew for the 48th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business.
Despite all the hype surrounding America's supposed Manufacturing Renaissance, the data has painted a starker picture for some time. Hardly a renaissance, U.S. manufacturing has seemed to be closer to a recession.
Many U.S. manufacturers are experiencing talent shortages in part because of an aging baby boomer generation that has begun its exodus from the U.S. workforce. The oldest baby boomers turned 65 on Jan. 1, 2011, and every day thereafter for about the next 19 years, some 10,000 more will reach the traditional retirement age, according to the Pew Research Center.