CXM Today’s Post

Reading this article reminded me of how Just-In-Time manufacturing changed the world - and how COVID forces us to think about its inherent (and now tangible) weaknesses. Just-In-Time manufacturing system originated in Japan in the 1940/50s, and was adopted by large manufacturers around the globe by the 80s. JIT says that rather than storing all of the components to making a car, for example, order the exact quantities you need and assemble it once there is a need. This method slashed storage/warehousing costs for Japanese auto manufacturers, thereby enabling them to reduce the purchase price of their vehicle (great for us). JIT has now become the cornerstone of the LEAN manufacturing process adopted by the largest manufacturers in the world. I’d like to invite you to think about the implications of the supply chain issues that resulted from COVID. Can the first world exist without a second and third world? Are we ok with being so dependent on global supply knowing that the supply chain is as fragile as it has proved to be? And (in case you want to think big picture), what can we learn about this subject from the collapse of the Bronze Age? https://lnkd.in/gdCMZM7h

Over time, manufacturers have found methods to reduce costs even while improving products. Remember the days when computers were million-dollar machines that filled entire rooms? Now they fit in your pocket! This incredible transformation wasn't just about miniaturization - it's a testament to the power of continuous improvement in manufacturing. Want to join the future of manufacturing? Here are 7 key strategies to explore: • Product Design • Lean Manufacturing • Standardize Products • Rationalize Product Line • Simplify Supply Chain Management • Measure Total Costs • Focus on Relationships What are your thoughts on the future of manufacturing innovation? Share your ideas in the comments! #manufacturing #innovation #digitaltransformation #leanmanufacturing #supplychain

Partnering with a top-quality OEM ensures consistent production quality, accelerates time-to-market through timely deliveries, and unlocks significant cost savings. Benefit from economies of scale on components, reduce overhead by eliminating the need for in-house manufacturing, and minimize material waste. Free your team to focus on what you do best – product design, brand development, and marketing. Accelerate innovation by leveraging the OEM's expertise in cutting-edge manufacturing techniques. Partner with a trusted OEM with a proven track record of quality and on-time delivery. Gain access to state-of-the-art facilities and rigorous quality control processes. Contact us today for a free consultation and learn how an OEM partnership can streamline your production process and unlock your full potential for innovation. . . #WorldEMS #qualitycontrol #OEM #supplychain #optimization #SupplyChainOptimization #OEMPartnership #ManufacturingExcellence #Innovation #CostEfficiency

There is never a dull moment in Supply Chain. Our Director of Strategic Programs, Bill Chandler, discusses steps and strategies that can help your organization navigate any challenges that may arise. Read More Here: https://lnkd.in/g86DftHE #OMRON #ElectronicComponents #SupplyChain #Distribution #Manufacturing #OEM

As an industry expert in Business and export/import agent, I wanted to share some key insights from a recent article published by Supply Chain Dive. The article discusses how a flood at a Porsche supplier's facility has led to an aluminum shortage, impacting the automaker's production line and potentially causing manufacturing shutdowns for certain vehicle series. Artificial intelligence plays a crucial role in managing supply chain disruptions like this one. The article mentions that Porsche has implemented countermeasures to address the aluminum shortage, but disruptions are still expected to continue for several weeks. This showcases the importance of leveraging technology, such as AI, to navigate unexpected challenges in the supply chain. In the midst of sourcing challenges and ongoing disruptions, it is essential for companies to adopt innovative solutions and strategies. The article highlights how Porsche has previously dealt with sourcing issues by implementing dual sourcing and prioritizing production for certain vehicles. This adaptability and resilience are key in maintaining operational efficiency in the face of supply chain disruptions. The impact of this aluminum shortage on Porsche's production and financial outlook underscores the need for proactive measures and strategic planning in the supply chain industry. By utilizing advanced technologies like artificial intelligence, companies can better anticipate and mitigate risks, ensuring a more agile and resilient supply chain. I encourage professionals in the industry to reflect on these insights and consider how they can leverage technology and innovative strategies to enhance their supply chain operations. Please feel free to share your thoughts and experiences in the comments below. For more information on how AC Global Connections can support your business in navigating supply chain challenges and optimizing operations, visit our website: https://lnkd.in/dcUM5DM6. Let's continue to stay informed and engaged in discussions about current industry trends and advancements in technology to drive growth and success in the global marketplace.

An interesting and thought provoking read on how Global Supply Chains are and can mitigate risk going forwards (15-20 min read) #logistik #SupplyChain #logistics

Hot off the press - our latest Market Intel report providing expert insights into a number of rapidly evolving sectors. This issue includes:- Keith Copestake's four key takeaway's from the World's largest printing exhibition #drupa2024, and how, by partnering with ERA Group, we can help you to stay competitive, innovative and sustainable. The impact of full employment on Business Process Outsourcing (BPO) is assessed and explained by Harvinder Rattan The retail industry is undergoing a significant transformation, driven by Point of Sale (PoS) technology. Paul Lucraft, Paul Seddon and Jon Barras explain how businesses can future proof their operations, stay ahead of the competition and provide superior service to their customers. Deepak Pandya reviews the current landscape of supply chains and the host of challenges that they face. Navigating the complexities of supply chain ensures that your supply chain remains resilient and efficient today, whilst positioning it to meet future challenges head on. ...and finally Glenn Cotter shows "Why the small stuff matters" when it comes to Agency Staff. Demonstrating how businesses can achieve significant cost savings while maintaining, or even improving, the quality of their operations. Please contact me for the your free copy of this market intelligence report

What does the future hold for manufacturing in 2024? For manufacturers of configurable products, the future looks more complex - not less. Market forces are requiring greater visibility and traceability, for instance. These forces include both new regulations and shifting customer expectations and demands. By looking at recent developments in the industrial sector, companies can put processes and technologies in place that will help them plan for the short and long terms. Here are three predictions from Configit Co-founder and Vice President of Product Management Henrik Hulgaard that manufacturers should pay attention to in 2024. https://ow.ly/rpMB30syQXe

Inquire About Manufacturing Scalability Your business needs today might not be the same tomorrow. Rather than investing large sums of capital in real estate, equipment, and labor to build your factory (which will have a finite capacity), consider partnering with a contract manufacturer that can scale production as your quantity requirements change. Seek an organization with several long-time factory relationships which include redundancy. The length and number of relationships with factories of the same specialty provide you with the ability to increase or decrease production volume with ease and without capital investment.