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Key Takeaways from PowerPlex: Day 3
Once again, PowerPlex 2020 came to you live (virtually!). More than 2,000 attendees logged in from couches, garages, and bedrooms (and anywhere else they could find some peace and quiet) to learn about and stay up-to-speed on the manufacturing industry, the latest technology innovations, and Plex’s Smart Manufacturing Platform. Here are some of the standout messages and takeaways from today’s…
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4 Ways to Improve the Quality of Supply Chain Planning
The rise of automation, shop floor analytics, and the Industrial Internet of Things (IIoT) have impacted the manufacturing industry and enhanced production with the introduction of timely data for more informed decision making. But what about major shifts like enhanced in-car connectivity, growing demand for electric vehicles, or adjusting to changing customer preferences? Are manufacturers…
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Digitizing Continuous Improvement in the Global Automotive Supply Chain
As an automotive supplier, there is a lot you need to manage and deliver in a complex global supply chain. First and foremost, your customers demand that you demonstrate the ability to meet their requirements or you lose their business....
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Connectivity and Visibility in the Supply Chain Critical for Global Manufacturing
Supply chain visibility helps manufacturers drive down the cost of operations and speed time-to-market. Visibility is difficult to achieve however without connectivity. Connectivity between systems enables more visibility throughout the supply chain—from demand to order to delivery and everywhere in between....
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5 Areas Every Supply Chain Leader Should Focus on to Sustain Competitiveness
As a supply chain leader, you must have a broad understanding of how your entire business flows from sales to procurement to engineering to service. You also need access to a reliable and holistic set of data or you’ll feel more like you’re fighting fires instead of delivering on customer demand. ...
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Manufacturers: How Connected is Your Supply Chain Planning?
Unless you have supernatural abilities, you’re like most humans who can’t accurately predict the future. But as a manufacturer—you need an effective way to “see” into future customer demand so you can allocate the right amount of inventory, optimize production, and keep customers happy....
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Common Manufacturing Supply Chain Challenges and How to Overcome Them
The goals of supply chain management and execution is to create a positive customer experience and achieve operational excellence. All too often, execution falls short either because of unanticipated changes or not enough visibility. ...
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5 Stages of a Successful Manufacturing Planning and Control System
A well-executed Manufacturing Planning and Control (MPC) system can deliver competitive advantage and often differentiates leading manufacturers from the rest. The more the system is automated, the more it enables informed decisions that in turn speed response times....
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How Champion Plastics Uses EDI Integration to Stay Ahead in the Manufacturing Industry
In today’s fast-paced world, manufacturers like Champion Plastics need speed and agility to quickly respond to constant market changes. Champion Plastics, a custom injection molding manufacturer of functional plastics for the automotive industry, was looking to change its Electronic Data Interchange (EDI) system to meet the needs of a large customer....
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7 Best Practices for More Accurate Inventory Tracking and Reporting
Inventory traceability and tracking is all about creating a paper trail of inventory that reflects physical reality. Many companies manually record inventory basics like shipping receipts for raw materials, warehousing, issues from stock to production, and shipments of finished goods to customers. ...
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