Reimagine Supply Chain Challenges in 2024 – Best Business Practices
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In his most recent contribution to FM Business Daily, Andrew Johnson, CEO and Founder of ShelfAware, discusses some of the key manufacturing trends as we enter 2024 and offers practical business advice about how supply chain disruptors may affect those trends. We often talk about manufacturing trends and how they affect supply chains in the […]
Technology and Innovation Drive Workforce Talent
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Industrial workforce issues must be addressed head on and right now. Here are three simple solutions that focus on technology and innovation to not only attract the next generation of industrial manufacturing talent, but also to retain it. Bridging the skills gap while attracting and retaining young talent is not a new conversation. However, it’s […]
Moneyball ROI Strategy – An Entrepreneur’s Guide to Innovation
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When it comes to innovation, we can learn a lot from the book and movie Moneyball. Making small incremental innovations is very similar to the baseball concept of getting runners on base rather than always swinging for the fences. When thinking about innovation, I like to use a great movie called Moneyball as an example […]
How to Automate Inventory Audits – Best Business Practices
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As a part of FM Business Daily’s ongoing subject matter expert content, ShelfAware CEO and Founder Andrew Johnson provides supply chain management best business practices every month for facility managers and other industrial professionals. There are many reasons that facility managers perform regular inventory audits. The most obvious is to ensure an accurate count of […]
Top Manufacturing Industry Trends 2024
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Manufacturers who want to tackle industry challenges and stay competitive in 2024 should embrace digital transformation and focus on how to address obstacles like labor shortages and supply chain complexities. In 2024, the manufacturing industry is expected to face economic uncertainty, the ongoing shortage of skilled labor, and serious supply chain disruptions. On top of […]
Digital VMI Defined: Traditional vs. Modern Solutions
![With ShelfAware, suppliers and consumers can make more money with less worries and eliminate stockouts with an easy-to-manage, cloud-based digital vender management inventory system.](https://shelfawarevmi.com/wp-content/uploads/2023/12/digital-VMI-Defined.jpg)
An empty shelf negatively impacts business, sending customers directly to the competition. The traditional system of inventory management worked for a while, but leveraging automation and the Internet of Things is changing the way suppliers and consumers manage complex supply chains. Today’s industrial suppliers and consumers want real-time visibility and granular consumption data to make […]
Top 5 Supply Chain Disruptors for 2024
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From geopolitical conflicts to single sourcing to labor shortages, every organization is vulnerable to supply chain disruptors. However, understanding the leading disruptors can protect manufacturers from supply chain threats and help to keep operations working like they should. Every organization should take a proactive approach to supply chain disruption and have strategies in place to […]
Top 10 Supply Chain Management Tips for 2024
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Mitigating risks and overcoming challenges in complex supply chains is on the minds of most manufacturers and suppliers, especially as we prepare for a new year of business. Companies are making plans to enter 2024 with a strategy to keep their inventory shelves lean, while also minimizing the possibility of stockouts. Effectively managing complex manufacturing […]
Supply Chain Management Best Business Practices
![Supply Chain Management Best Business Practices](https://shelfawarevmi.com/wp-content/uploads/2023/11/Andrew-Johnson-Supply-Chain-Management-1024x683.jpg)
As a part of FM Business Daily’s ongoing subject matter expert content, ShelfAware CEO and Founder Andrew Johnson provides supply chain management best practices and practical business strategy every month for facility managers and other industrial professionals. ShelfAware’s vision for the future of business-to-business supply chains is to provide an ecosystem where the market’s largest […]
RFID’s Impact on Industrial Supply Chain Management
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The evolution of RFID technology is leading to complete autonomy in warehouses and distribution centers. The use of RFID and other types of innovative automation reduces human interaction in the supply chain while increasing efficiency, reducing costs, and improving the accuracy of inventory management. RFID technology provides accuracy and speed in supply chains across an […]