Rightshoring – not onshoring – is key to supply chain resilience
Soaring transportation costs and an increased risk of disruption are forcing some UK manufacturers to adopt a more localised supply model, but such strategies aren’t necessarily right for all.
How digital twin tech can improve cost predictability
The effective use of digital twin technology can help UK manufacturers take back control of costs through faster, more agile decision making.
In great demand
Demand uncertainty isn’t something that aircraft makers and the OEMs in their supply chains have been used to in the past. Now, the unpredictable nature of demand for wide-body aircraft in particular, is posing challenges for all concerned.
Tips On Managing in a Climate of Demand Uncertainty
During the pandemic, it became clear that traditional modelling techniques could not be relied upon to predict levels of demand. So, how can organisations adapt to a climate of demand uncertainty?
Five steps to a fully integrated value chain
By following these five steps, businesses can boost their productivity and increase profits at each link in the chain.
Staffing strategies must be ‘fixed’ to secure future for UK rail
Analysis of ORR figures show staff represent 35% of the costs of running the UK’s railways. Implementing efficient staffing strategies is key to unlocking cost savings and securing a sustainable future for the industry.
Prepare for prolonged high inflation
Rising energy and prices are forcing UK manufacturers to increase prices, but there is a limit to how far they can go. With inflationary pressures increasing, they need to consider alternative strategies.
EV makers race to find workaround as supply shortages bite
The prospect of an extended armed conflict in Ukraine means manufacturers of electric vehicles need to find alternative sources of vital raw materials and components.
4 quick wins you can find in your spend analysis reports
When it comes to business analysis, detailed reporting is invaluable. In this article, we look at 4 areas of a spend analysis reports that can highlight some potential quick wins, and how best to action them.