Estimated reading time: 0 minutes, 49 seconds

Manufacturers: Learn How To Improve Your Supply Chain For Long-Term Success

Manufacturers: Learn How To Improve Your Supply Chain For Long-Term Success person near 3D printer

In the last decade, manufacturers and suppliers have transitioned from traditional methods to embrace innovative technologies and data-driven strategies. This shift has been driven by several key developments, such as the rise of artificial intelligence and augmented reality. The result is a supply chain ecosystem that is better equipped to meet the demands of a rapidly changing world. According to Richard Lebovitz, CEO of LeanDNA, a purpose-built analytics platform for factory inventory optimization, these changes have enabled manufacturers to become more efficient and cost-effective.

While the advancements in technology have enabled manufacturers to become more efficient, it is important to remember that there are still many challenges that need to be addressed. For example, many manufacturers still lack the resources and expertise to effectively implement these new technologies. Additionally, the cost of these technologies can be prohibitive for some manufacturers. As such, it is important for manufacturers to carefully consider the cost and benefits of implementing these new technologies before making any decisions.

Read More

Read 160 times
Rate this item
(0 votes)

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.