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Supply Chain Insight

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Fast Forward to the Future of High-Tech

High-tech manufacturing is in a unique position: it is both a driver of change and at the forefront of its impact. The latest evolution of chips is enabling the next wave of consumer and industrial applications from virtual reality to artificial intelligence. High tech has allowed the business, education and domestic worlds to adjust to the pandemic, although not without some well-publicized supply issues. So as the world becomes ever more dependent on high tech and spins ever faster, what will the future look like and how do high-tech manufacturers prepare for it? 

To answer this question, it’s important to understand the unique set of issues facing the industry.

  • Uncertainty: Since many high-tech manufacturers have rapid product life cycles (PLCs) and frequently launch into new segments, a lot of their future revenue is tied up in great uncertainty. Meanwhile channels distance organizations from the nuances of the market

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20 Jan 2021
Forecasting Vs Demand Planning
 

Companies use a variety of tools to predict where their business currently is and where it is headed. By “reading the tea leaves”, planners attempt to ensure correct stock levels, optimize inventory control and inventory value, and provide a framework for manning labor and operations. Bu
 
DemandCaster
DemandCaster
 
20 Jan 2021
How to Use AI to Optimize Manufacturing Costs
 

According to a recent McKinsey study, manufacturing and supply chain are the two functions with the greatest likelihood of experiencing cost reductions as a result of AI, with more than 60% of respondents in each area reporting savings due to AI. For anyone who’s been paying attention to the h
 
Brian Hoey
Flexis
 
20 Jan 2021
Build your Industry 4.0 vision to reduce waste and ensure food safety
 

The rise of Industry 4.0 brings promise for a safer, more agile future in the food and beverage industry. But the journey to digital transformation doesn’t come without its own set of challenges. The business environment is changing more rapidly than ever before. To stay competitive and meet t
 
Infor
Infor
 
20 Jan 2021
Fostering supply chain maturity through a shift to a digitized ecosystem in the cloud
 

The evolution of supply chain business models has been accelerated by unprecedented disruptions. As a result, there has been a clear shift from analog supply chains models of the past into a trajectory towards a digitalized ecosystem. These new business models recognize and necessitate the move to a
 
Infor
Infor
 
15 Jan 2021
50% More Retailers Plan to Revamp Fulfillment Strategies to Address Consumer Needs
 

New research from Blue Yonder®, conducted by Researchscape International, has identified the most pressing e-commerce fulfillment priorities and investments of today’s retail executives amid the COVID-19 pandemic. The second installment of Blue Yonder’s Future of Fulfillment Research
 
Blue Yonder
Blue Yonder
 


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News & Trends
 

Last update 5 Jan 2021
Output growth accelerates as new orders surge
   Source: NEVI Netherlands Manufacturing PMI ®  -  IHS Markit
Netherlands 


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Education
 

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