Predictive Maintenance Software Trends

Unplanned downtime can impact a company’s bottom line. While natural disasters and equipment breakdowns are sometimes unavoidable, companies are making an effort to curb risks wherever possible. In the case of heavy equipment machinery breakdowns, businesses are proactively investing in solutions that support predictive maintenance planning. In reducing downtime, production facilities rely on tools like predictive maintenance software.

Short Shipping As A Supply Chain Threat

Short shipping as a supply chain threat

Companies revisit their supplier requirements often to identify areas for performance improvement. By frequently examining supplier performance, they can identify the top suppliers who consistently meet their requirements. When the issue of short shipping is raised, companies have a hard time isolating the factors caused by human factors and other disruptive events outside of the supplier’s immediate control. As a result, short shipping remains one of the most common issues threatening supply chain health.

Quality As A Supply Chain Risk

Would you consider a 31 percent decrease in profits an emergency?  According to the Georgia Institute of Technology, supply chain disruptions can lead to a 31 percent reduction in profit for a manufacturer.  As a supplier of parts and components, we understand how something as simple as a quality problem could lead to a costly supply chain emergency.