Jeremy Tancredi’s Post

The standout from this research for me is "In their survey responses, manufacturing leaders noted the difficulty in measuring digital transformation ROI (return on investment), lack of alignment between functions, and inefficient use of data and analytics as the top challenges preventing them from more rapidly progressing in their transformation journeys." This has always been difficult in Supply Chain solutions if you and your solution provider are not starting with the end in mind. It takes intent,foresight in establishing your KPIs and ongoing collaboration before a project is started.

Facing global supply chain disruptions? Labor shortages are a critical issue impacting industries worldwide. Discover how technology and proactive skills development are reshaping the future of supply chain management. 💡🌐 Check out the article below👇 https://lnkd.in/gPsJ4tAN #SupplyChain #SkillsDevelopment #LeanSixSearch

Excited to share West Monroe's latest report: The State of Manufacturing: From Resilience to Resurgence! As the manufacturing industry shifts from overcoming disruptions to making a full comeback, here are the top priorities for a prosperous 2024: 1. Strengthening Supply Chain Resilience Did you know 95% of manufacturers see supply chain issues as major challenges? Diversifying suppliers, nearshoring, and better inventory management are crucial. It's not just about managing risks—it's about seizing opportunities! 2. Embracing M&A for Technological Advancement 90% of manufacturers expect a surge in M&A to acquire new technologies and enhance product offerings. AI and machine learning are game-changers, with 54% citing tech acquisition as a primary driver. M&A isn’t just about growth; it’s about gaining a competitive edge. 3. Addressing Workforce Challenges An aging workforce and skill gaps are big concerns. 54% of manufacturers are investing in automation to tackle labor shortages. Succession planning, upskilling, and alternative workforce models are key to bridging skills gaps and boosting productivity. Focusing on these priorities will help manufacturers navigate complexities and set the stage for long-term success. #Manufacturing #SupplyChain #M&A #Technology #Automation #Workforce #WestMonroe #IndustryTrends #Innovation #Sustainability Check out our report for more insights and strategies:

@Zachary Littman with Citrin Cooperman reports several manufacturing trends from 2024 will continue into 2025. 1. Digital transformation and Industry 4.0 2. Sustainability and green manufacturing 3. Supply chain resilience 4. Workforce development and skills gaps 5. Global trade dynamics Read on - 👊 https://lnkd.in/g6fyZizf #manufacturing #supplychain #inventorymanagement #rtls #iiot #ai

Interesting article by Noah Smith on the puzzling decline of US manufacturing productivity since 2011. He explores several hypotheses, including underinvestment in machinery, industry concentration, and lack of export focus. However, one critical factor seems overlooked: Many manufacturing companies lag in adopting modern delivery practices and establishing business agility. Their business areas often remain siloed rather than well-integrated. This lack of prioritization and investment in holistic transformation and integration could be significantly hampering productivity gains. As other sectors embrace these approaches, manufacturing's relative sluggishness becomes more pronounced. What are your thoughts? Could improving business agility and cross-functional integration help revitalize US manufacturing productivity? https://lnkd.in/gS_Cq5Wf. #Manufacturing #Productivity #BusinessAgility #OrganizationalTransformation #ModernDelivery

The emerging manufacturing landscape will differ fundamentally from the one we knew only a few years ago. When factories get smarter, operations generate actionable insights alongside products. The industry will likely see continued supply chain disruptions, talent shortages and skills gaps in the future, because that’s the way of the world. But it will be better-equipped to predict and handle them. Tim Gaus | Jason Bergstrom | IndustryWeek | #Manufacturing

Supply Chain Brain shares insights from Descartes’ Chris Jones on the types of automation and technology tools supply chain and logistics decision-makers are focusing on to ease the burden of workforce shortages, according to a recent Descartes study. Read More: https://lnkd.in/ekYh2BKA

Supply Chain Brain shares insights from Descartes’ Chris Jones on the types of automation and technology tools supply chain and logistics decision-makers are focusing on to ease the burden of workforce shortages, according to a recent Descartes study. Read More: https://lnkd.in/ekYh2BKA

Supply Chain Brain shares insights from Descartes’ Chris Jones on the types of automation and technology tools supply chain and logistics decision-makers are focusing on to ease the burden of workforce shortages, according to a recent Descartes study. Read More: https://lnkd.in/ekYh2BKA

Digital twins are transforming the way we think about manufacturing and supply chain operations, enabling us to simulate, predict, and optimize processes in real-time. Register to join the virtual conversation with McKinsey Operations experts and explore the transformative potential of digital twins. Our experts will share insights, practical applications, and real-world case studies to help your organization stay competitive in today's market. Register today ➡️ https://lnkd.in/dHwhyy2w #Manufacturing #SupplyChain #DigitalTwins