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If you missed our LinkedIn Live, you can still grow your business with supply chain insights! Check out our discussion on the supply chain in Michigan. https://lnkd.in/dd-a8KWF #manufacturing #Michigan #supplychain #supplychainmanagement

Join us on March 27th for our next LinkedIn Live discussion focusing on the manufacturing supply chain in Michigan. Tune in as MMTC industry experts delve into the manufacturing supply chain of Michigan and how our organization is supporting companies across the state in optimizing their supply chain strategies. Don’t miss out! Join us from 11:30am to 12pm. We Look forward to engaging with you! #supplychain #linkedinlive #manufacturinginmichigan #michigan #manufacturing #live

The US government is using strategic procurement tactics to strengthen supply chains and achieve better outcomes for businesses, workers, and consumers. Learn more in this article by Supply Chain Dive. #SupplyChain #ManufacturingExcellence

5 Key Takeaways Resilience without Added Costs: Building supply chain resilience doesn't necessarily have to cost more. By transforming the system through agility, we can achieve both resilience and better outcomes for consumers, workers, and firms. Creating Clear Demand Signals: Create clear demand signals for increased production capacity. Combination of subsidies, signals, and long-term goals can attract U.S.-based investment and ensure sustained demand. The Power of Convening: The role of the government in convening stakeholders is crucial. White House initiatives like AM Forward, aimed at supporting small manufacturers in adopting additive manufacturing, demonstrate the impact of bringing key players together to discuss funding and collaboration. Leveraging Government Procurement: The U.S. government, as the world's largest purchaser, plays a significant role in injecting funds into the economy. By setting annual goals to direct a percentage of contract spend towards small businesses, the government can influence and support these businesses. Supplier-Friendly Purchasing for Resilience: Supplier-friendly purchasing strategies boost resilience! Long-term relationships, providing demand signals, and access to financing can empower small manufacturers in the supply chain to invest in problem-solving capabilities and workers, ultimately reducing total system costs over the long term.

Insight: How UK manufacturing is rising to supply chain challenges https://lnkd.in/dNKvzbk6 #UKmfg #Manufacturing #Engineering #Production #Productivity #SupplyChain

Key to aligning the supply chain with manufacturing is by first understanding your value stream end to end and not just within the walls of the manufacturing facility - the customer response lead time, the dock to dock lead time are equally if not more important than the raw manufacturing lead time. Manufacturing also needs what I call the third angle - Flexibility, which can only be achieved by looking at the gain end to end. Unfortunately, historic structure can get in the way, people focus in boxes when they are set up in boxes. Processes are key, business processes. some companies don't even have these and remain in functional silos arguing about what is good for their box. So if want to achieve not just lean within a box. focus on the word agility to link up manufacturing in such a way it becomes a part of a supply chain and not the king of it. I have been having these discussions for 30 years and our ability to adapt has been slow. The internet has helped it but it brings further complexities and the balances with cost effectiveness are not always favourable for people focussing in silos. Always look beyond your boundaries and break down the proverbial brick walls that become good only for the hot potato games.

The Philadelphia Federal Reserve Manufacturing Index rates the relative level of general business conditions in Philadelphia. A level above zero on the index indicates improving conditions; below indicates worsening conditions. The data is compiled from a survey of about 250 manufacturers in the Philadelphia Federal Reserve district. A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD. #vpfx #usa🇺🇸 #philadelphia #manufacturing #forexbroker #forexnews #forexmarket

An SIA S&P Global report published on March 1 shows the Manufacturing Sector reflecting its fastest improvement since Feb. 2022! Machines firing back up at a greater pace, inventories needing to be replenished, and a stronger demand for consumer goods-- all great news! See the full press release at the link below. It's a great additional sign for the economy, but it'll also mean a greater challenge finding the right talent. What you need is the right partner to work WITH you so you can concentrate on the other aspects of your business. My team is standing by to consult with you on how we may be able to assist. A no obligation 30-minute conversation could be the best time spent today (your salted caramel cream cold brew, notwithstanding). Nothing to lose, and a whole lot to gain. Reach out today and let's start the conversation. And regardless, make it a great week! https://lnkd.in/gNeJFPQn #manufacturing #amtec #letsgettowork #hr #operations

Procurement tactics like creating demand signals and convening key industry players are critical tools in the government’s playbook, according to a senior advisor for industrial strategy. Learn more about #Manufacturing supply chain management.

Procurement tactics like creating demand signals and convening key industry players are critical tools in the government’s playbook, according to a senior advisor for industrial strategy. Learn more about #Manufacturing supply chain management.