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Understanding your supply chain is critical to running a successful business. Supply chain analytics refers to the insights and conclusions made from examining your supply chain.

There are specific drivers worth paying attention to. This article touches on four drivers in your supply chain that you need to know.

What new technologies change the way products are made and delivered? How does the increase in urban populations affect manufacturing trends? What does the growing global economy mean for manufacturing leaders?

Manufacturers and logistics companies must keep current with the changes in their industry if they want their businesses to survive. Here are 5 trends that manufacturing leaders can’t afford to ignore.

If you take a look at how much business ecommerce websites like Amazon are doing every day online, it’s a no-brainer that this is where the customer shopping experience is heading. We are already there. With the waning need to go into a physical store to buy something and the ability that the internet gives us to order anything that we could possibly need from the comfort of our own couch.

Have you ever heard that the best working machine isn’t what you can’t add any more to, but the machine that you can’t take anything away from? Most often, simplifying a process is the best way to make sure that something works the best. The more moving parts you have in a machine or process, the more room for error you are going to have, the more pieces you are going to affect, and it might even be more difficult to locate the source of the actual problem.

Your warehouse is arguably one of the most important pieces of your business, and therefore should be treated that way. Without a smooth running warehouse you could potentially face=

• No place to keep all of your inventory
• Little or no way to organize that inventory or your supplies
• Your product scattered all over the place
• Late orders delivered to your clients or customers
• The wrong orders or incomplete orders sent to your clients and customers

In today’s fast-paced, highly competitive, and ever-changing global economic environment, it is now more important that you are taking a proactive approach to your supply chain, as opposed to one that is reactive with transactional logistics.

Though certain reactive approaches in limited conditions may be appropriate, managing your global supply chain as a whole with the proactive approach will optimize your system. A proactive approach will allow you to more quickly and effectively approach changes to supply in demand, rather than addressing them after the fact.

If you’re in the manufacturing industry, then you know how much pressure there is to maximize your warehouse’s efficiency. Considering that your bottom line depends on how quickly you can stock and move product, there is a lot of incentive to make any necessary changes to improve the workflow of your business to increase profitability and lower costs.

In the manufacturing world, there is a constant pressure to innovate and improve operations. While most of the time that is related to improving the bottom line and allowing companies to achieve greater success, there is one aspect of the industry that has to improve for both cost efficiency and worker safety.

If you run a warehouse, then you know that there a ton of different things that all have to work together to create an efficient workplace. Unfortunately, because there are so many moving parts on the floor, it can seem impossible to manage everything all the time, which is why so many warehouses have inefficient operations.

For most warehouses, operational management is something that is always in need of improvement. Considering that your business relies on efficiency and accuracy, the better you can get at both the more profitable and successful you can become.

There are a lot of ways that you can measure your current status and see where you can improve, but one of the most essential metrics is the dock-to-stock measurement. Today we’ll go over what this is exactly, as well as what steps you can take to improve your current standing.