The general media hyped up 3D printing as the end of manufacturing as we knew it. We knew better than that to be true, as it has proven to be a supportive rather than disruptive technology. We won’t be seeing the real game-changing effects of 3D printing until we design and engineer products around it.
Green supply chains bring major benefits, including better brand image and, more than ever, competitive advantage. Many companies are still just reacting to sustainability, due partly to upfront costs and efforts. But, as many other organizations have proven, there is a lot of pay-it-forward and hidden value to be realized.
Determining the right measurements that will correctly gauge where an organization is positioned with respect to its vision, mission, and goals is the essence of effective performance management. Unfortunately, too many organizations fail in setting up the metrics and end up with a lot of data but no game plan.
Prominent business and supply chain analyst Jon Hansen says when buyers try to improve working capital position at the expense of suppliers, bad things happen usually. Supply chain financing is a tool that mutually benefits the positions of both stakeholders, creating win-win buyer-supplier situations.
The ongoing drive for lightweighting to meet fuel efficiency standards has allowed engineering thermoplastics to grab more share in the auto applications market. High-grade auto plastics, after succeeding in under-the-hood uses, are now moving into structural elements and components.