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Manufacturing Trends Revolutionize Procurement

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anandvy
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Re : Manufacturing Trends Revolutionize Procurement
anandvy   8/2/2013 1:28:24 PM
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The dependence of the supply chain on the computing base for data transfer and handling, would create new job prospects for computer engineers, programmers, designers alike. The human element in handling data is prone to making costly mistakes, which can be snubbed by using softwares. However, entire dependency is not good, for example: the data that is being transferred is stored in storage registers, or data banks. Failure of one such data bank would cause a meltdown in the supply chain.

prabhakar_deosthali
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prabhakar_deosthali   6/30/2013 12:36:53 PM
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One of the important consideration while adopting new technologies for supply chain is to see whether those technologies are synchronized with the operations of the other back end functions such as manufacturing, inward and outward inspection, testing, warehousing and so on. A very efficient and modern supply chain system will fail to deliver value to the company if this is not done.

Susan Fourtané
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Re: The KISS principle - Keep it simple and stupid, or short and simple
Susan Fourtané   6/30/2013 12:54:27 AM
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_hm, 

Oh, yes. I know well how it goes when your mind is so tired, and you still want to function properly. :(  

Well, yes, I have to agree that saving some cash for the rainy days is important, too. Also, of course you will adopt only the technologies that serve your business well, not just adopting everything for the sake of it, right? :D

-Susan 

_hm
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Re: The KISS principle - Keep it simple and stupid
_hm   6/29/2013 5:02:00 PM
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@Susan: Oops I did it again. Thanks. It was 1:20 am and little tired after finishing my office design work for five hours.

You do not need to adept all new technologies. Preserving cash for rainy is much more improtant.

Susan Fourtané
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Re: Future Speak
Susan Fourtané   6/29/2013 1:31:01 PM
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Hailey, 

I believe yesterday, in the chat, we briefly discussed where the supply chain is going. There is no other way to go than following the current trend of new technologies, incorporating as much as possible in the shortest possible time in order to keep up with the change. 

-Susan

Susan Fourtané
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Re: The KISS principle - Keep it simple and stupid
Susan Fourtané   6/29/2013 1:20:38 PM
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_hm 

I thought KISS stands for Keep It Short and Simple. :D 

"One needs to have patience and wait for technology to mature before spending too much of time or money."

Oh, but about that, don't you think that sitting pretty, and patiently, sipping your tea slowly, while waiting for the fast technology to mature you will finally miss the train? :/

I believe that could be the case, and I believe you wouldn't like to see your competitor collecting the rewards for having been fast in invest some early time and money first thing in the morning when the new technology was just a baby. :) 

The ones who win in business are always the ones who take risks.

-Susan 

 

_hm
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The KISS principle - Keep it simple and stupid
_hm   6/29/2013 5:43:38 AM
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New trends are very encouraging. However, it has big cost tag attached to it. To keep organization alive and nimble, first things is to preserve your capital and employ it only if there is better return on it and you really really need it.

Some time it is prudent to employ KISS - keep it simle and stupid, until you see huge market potential very keen to spend money on your product and that you are unable to meet this demand. One needs to have patience and wait for technology to mature before spending too much of time or money.

 

elctrnx_lyf
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Re: The supply chain's days are numbered
elctrnx_lyf   6/28/2013 5:59:48 AM
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With the latest innovations across the world in the area of manufacturing, supply chain professionals will be encouraged to understand more about the new technolgies and new services. The companies that you work with will be changing or improving their manufacturing capabilities which has effect on the quality and cost of the subsystems that suppliers build for you. Overall the technology innovation will impact the supply chain people very fast than the actuall business itself.

Himanshugupta
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Re: The supply chain's days are numbered
Himanshugupta   6/27/2013 1:16:11 PM
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@Prabhakar, even after 3D printer become household machine still manufacturing will survive as the cost of large scale production will still be required as it will be cheaper. I can forsee a time where people can design their own hardware but manufacturing will still be cheaper at commercial places rather than at home.

SP
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Re: The supply chain's days are numbered
SP   6/27/2013 1:11:06 PM
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Very much agree to the point that soon it would be possible that user can customize their smartphones becuase level of expectations are different. A software engineer, graphic designer and other techie guys expects much more from their phones. They even would be interested to customize the processor used, LCD, user interface etc. This all will definitely affect supply chain.

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