Blogs

Wondering how to adapt wholesale inventory management strategies in the face of supply chain challenges? Here, we consider some valuable insights on navigating these evolving dynamics, focusing on resiliency in uncertain times. The supply chain has been a rollercoaster ride these past few years. Between the pandemic, global geopolitical unrest, and rising energy costs, wholesale firms and logistics professionals have had several new challenges to tackle. At a time when extended delays can make or break a quarter, robust inventory management practices are top of mind for many. Will these...

The potentially transformative capabilities of advanced AI, automation, and robotics technology are ushering in a new era for manufacturing. Yet, at the same time, extracting value from the digital transformation is more complicated than it might seem. Case in point—an overwhelming 88% of companies report difficulties measuring value from technological investments. The same report found that 85% of companies struggle to simultaneously update operating models to accommodate their new visions and cover the upfront investment costs for new technology. These challenges are further compounded for...

Since the Covid-19 pandemic, we’ve witnessed a revitalization in American industrial policy. The economic ripples of the pandemic highlighted the precarious nature of long-spread supply chains and outsourced labor; now having internalized these lessons, many firms are re- or nearshoring their operations instead. Accordingly, experts may believe US manufacturing is poised for growth in the coming years as jobs come back home. But the post-pandemic era isn’t the only thing paving the way toward growth. Advancements in artificial intelligence (AI) and automation technology have allowed...

Manufacturing technology is quickly elevating through notable advancements in artificial intelligence (AI) and Internet of Things (IoT) devices and services. For manufacturers, the coming year may be indelibly marked by the futuristic changes these advanced technologies bring. Yet the question for manufacturing leaders is more practical: Is investing in new technologies worth it? One recent survey calls the potential value extracted from new manufacturing technology into question: 88% of companies that integrated new technology say that achieving measurable value from their investment is...

Going green has the potential to be a wise business decision for the manufacturing industry. In fact, it seems many manufacturers are making the jump to more sustainable processes and business operations. Traditional manufacturing processes are based on a linear model of consumption—that is, finite energy resources are consumed during the production process and many products are often discarded. But as concern grows regarding these finite resources and as costs go up, pivoting to green manufacturing is one way businesses can preserve these resources and keep costs down. Resources aside, we’ve...