article thumbnail

The Future of Smart Supply Chain with Industry 4.0

ATS

The importance of the supply chain is most easily illustrated by the vast scale of the repercussions that follow when supply chain problems occur. Supply chain digital transformation — driven by Industry 4.0 Digital transformation in logistics and supply chain. developments. Industry 4.0

article thumbnail

Building a Sustainable Supply Chain in the Era of Accountability

i4.0 today

There are several essential steps in building a sustainable supply chain. The initial phase of embarking on a sustainable path involves evaluating the current supply chain and pinpointing areas that require enhancement. Incorporating circular economy principles into the supply chain is another effective approach.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Siemens Factory in Switzerland Wins Award for Production and Supply Chain Resilience

i4.0 today

The Siemens Smart Infrastructure plant in Zug, Switzerland, has been named Factory of the Year 2022 in the category Excellence in Supply Chain Resilience. The award recognizes the plant’s supply chain resilience and preventive risk management, which were found to be outstanding measured against other plants in Europe.

article thumbnail

Manufacturing Industry 4.0 needs to modernize operations says Info-Tech

Canadian Manufacturing

. “In almost all industries, there are weaknesses in the workforce, and the manufacturing sector is the slowest to recover,” stated Kevin Tucker, principal research director and practice lead in Info-Tech’s Manufacturing, supply chain, and logistics practice.

article thumbnail

Harnessing lean manufacturing in the factory of the future

Manufacturing & Logistics IT

Global manufacturing supply chains face regular challenges: rising material and energy costs, smaller, local competitors offering lower prices and, studies now show, $900 billion lost in waste.

article thumbnail

Rightshoring: Discover Your Component Sourcing Sweet-spot

i4.0 today

Especially in light of the pandemic, which highlighted significant vulnerabilities in global logistics and supply risks. Including the end-to-end supply chain from tool design to moulding production, finishing and assembly, along with all the logistical processes and associated stock management costs.

article thumbnail

Rightshoring: Discover your component sourcing sweet-spot

MEM

Especially in light of the pandemic, which highlighted significant vulnerabilities in global logistics and supply risks. Including the end-to-end supply chain from tool design to moulding production, finishing and assembly, along with all the logistical processes and associated stock management costs.