UPS Report Shows “Smart Operations” Are Key To Manufacturing Excellence
“Smart operations are crucial to the long-term success of manufacturing companies,” said Derrick Johnson, vice president of marketing at UPS. Supply chain decision making: The data and analytic tools used in smart operations help manufacturers resolve issues in the supply chain faster. Buy-side value chain: Smart operations allow manufacturers to automate purchasing with their vendors and manage the inbound transportation of those supplies. Still, 47% of the survey respondents said their company’s progress toward smart operations exceeded that of their peers. Sell-side value chain: Smart operations allow manufacturers to change transportation modes and speeds as well as destinations based on shifting customer demand.