JD.com's consumers can now send packages across China using its mobile app. The e-commerce company's logistics network and supply chain management technology allows for same-day, two-day and high-value shipping options.
Universal Forest Products posted a 14.8% year-over-year increase in sales to $1.21 billion in its third quarter. Earnings before interest, tax, depreciation and amortization rose 9% from the year-ago period.
A new fiscal year or a product launch could be the right time to switch third-party logistics providers, writes Jeff Jones of Saddle Creek Logistics Services. "It is important to have clearly defined processes in place to uphold customer service levels, maintain speed to market and control costs," he writes.
Soft skills such as leadership know-how and the ability to communicate clearly will always be in demand, even in a digital era, writes Lindsay Konzak, president of 3 Aspens Media. "Complement your product and hard skills training with the interpersonal skills your team and the industry as a whole needs to remain relevant and competitive long into the future," Konzak writes.
Dane Manufacturing more than tripled consolidated annual sales in three years by pursuing strategic mergers and acquisitions using specific criteria. The linchpin was Dane's June acquisition of Dantherm Cooling, a deal that required months of effort to secure financing.
Product-development teams must have access to enough funds to take risks and get creative, write Mike Gordon, Marek Kowski and Sander Smits. Traditional metrics are important to measure, they add, but so are customer loyalty and team morale.
Industrial internet of things-derived data is a powerful tool for identifying waste, downtime and other issues on packaging lines and other plant equipment, writes Danaher executive Arun Saksena. "IIoT solutions combine data collected from sensors and machines with data from shop-floor manufacturing execution systems (MES) and other sources such as ERP to provide a data foundation upon which numerous analytics-driven applications can be built," Saksena writes.
A.R.E. Manufacturing in Newberg, Ore., teamed up with the Oregon Manufacturing Extension Partnership to apply lean principles to its recruitment and employee-development programs. The result was an on-site training initiative that helped employees to become proficient more quickly.
The Connecticut Center for Advanced Technology hosted its annual Manufacturing Mania event in Southbury, Conn. About 200 students learned about job opportunities and a modern perception of manufacturing.
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