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ABB chooses IBM for procurement digitization

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IBM has been contracted by ABB to help support its procurement digitization journey with the launch of SmartBuy, a newly designed end-to-end employee purchasing program that aims to match the ease of online shopping with the intuitiveness and speed of a search engine. 

The solution is designed to also be tasked with automating the process of finding, procuring and managing ABB’s supplier network, with services like self-registration and contract processes.

Daniel Stumm, ABB’s head of indirect procurement, says: “We wanted to transform our eProcurement processes to drive business value and create a better experience for our user community and suppliers while avoiding the need for major training and allowing for an increased level of self-service. [Read more…] about ABB chooses IBM for procurement digitization

How Supply Chain Software Can Benefit Your Business

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In today’s fast-paced, global marketplace, supply chain software can help improve your company’s efficiency and productivity.

You may find yourself needing to monitor and track multiple business functions and processes, but, sometimes, you can’t be there physically to oversee each aspect of your business. With this type of software, you can be sure that all of your business operations are being tracked and accounted for.

This can help you better plan and control how your business functions and allows you to make more informed decisions. In this article, you’ll learn in detail how supply chain software can benefit your business. Read on. [Read more…] about How Supply Chain Software Can Benefit Your Business

How to Get Your Aluminium Sheets Manufactured Quickly

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The hand railings you hold on, the ships you ride on, and the bolt that protects your valuable things will not be possible without aluminum sheets. It is the widely used materials in various places like construction sites, shipbuilding, mining, electric power, and more. If it wasn’t for it, your life might be different.

Hence, it is an essential material in society. Beautiful buildings, houses, cars, infrastructures, and more will not be possible without it. Therefore, everyone loves it.

If you also want it in building a home, inventing a home appliance, making utensils, and more, the following are ways of how you can get your aluminum sheets manufactured quickly. [Read more…] about How to Get Your Aluminium Sheets Manufactured Quickly

Coronavirus expected to cut industrial robot revenue by more than 8 per cent this year

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By Maya Xiao of Interact Analysis

The coronavirus pandemic which has devastated economies worldwide is expected to reduce revenues in the industrial robot market by more than 8 per cent, according to a study by Interact Analysis.

“After a weak 2019, we originally expected the 2020 robot market to recover strongly, but Covid-19 changed the market revenue growth forecast from 4.8 percent to -3.6 percent,” writes Maya Xiao, automation market expert at Interact Analysis.

Global industrial robot shipments experienced negative growth for four consecutive quarters from mid-2018, she says. At the end of 2019, recovery signs appeared, and the mid-term growth rate turned positive. This turnaround happened in the context of a continued slowdown in general global manufacturing activity, which led to weak spending on machinery and automation equipment. [Read more…] about Coronavirus expected to cut industrial robot revenue by more than 8 per cent this year

Renesas joins Autonomous Vehicle Computing Consortium

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Renesas Electronics, a supplier of advanced semiconductor solutions, has joined the Autonomous Vehicle Computing Consortium (AVCC) as a core member.

Renesas joins leaders from across the automotive ecosystem, including vehicle original equipment manufacturers, Tier 1 suppliers, and other semiconductor suppliers to help solve some of the most significant challenges of introducing self-driving vehicles at scale.

As the automotive industry pushes forward to meet the needs of an increasingly connected environment, vehicles are evolving to become more intelligent, more ecologically friendly, and more affordable. [Read more…] about Renesas joins Autonomous Vehicle Computing Consortium

PSA starts production at Kenitra plant in Morocco

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Groupe PSA has started production at the Kenitra plant in Morocco. The project was launched with the signing of an agreement between Groupe PSA and the Kingdom of Morocco on 19 June 2015.

Four years on, the factory is up and running and includes the roll-out of a complete ecosystem for Groupe PSA in Morocco, with a steering centre based in Casablanca for the Middle East and Africa region and an operational R&D centre.

Groupe PSA has a network of 62 local suppliers, with 27 new supplier sites set up to meet the needs of the Kenitra plant.

[Read more…] about PSA starts production at Kenitra plant in Morocco

Continental names Infineon as its Supplier of the Year

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Automotive parts giant Continental has named chipmaker Infineon as its “Supplier of the Year”.

Following the motto “Success is only possible in a team”, Continental Automotive once a year honors suppliers for their extraordinary accomplishments.

For 2018, Infineon was now named Supplier of the Year in the electronics category. Continental is one of the biggest Tier 1 suppliers to the automotive industry worldwide. [Read more…] about Continental names Infineon as its Supplier of the Year

Chinese exporters accuse Trump of not playing by the rules

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Chinese export companies have strongly criticized President Donald Trump for deciding to increase tariffs on imports into the US by another 10 percent, bringing them up to 25 percent for hundreds of billions of dollars’ worth of manufactured goods.

Comments reported by the South China Morning Post say Chinese exporters are decrying Trump as a business “killer” who “never plays by the rules”.

One exporter, Liao Yu, who produces bags and suitcases, said: “A 25 per cent [tariff] will kill everyone.”

[Read more…] about Chinese exporters accuse Trump of not playing by the rules

Infineon ‘outgrowing all other leading suppliers of automotive semiconductors’ in Japan

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Infineon is outgrowing all other leading suppliers of automotive semiconductors in Japan, according to new research by Strategy Analytics.

Infineon says this shows “strong growth in a strategically important market”.

The latest research from Strategy Analytics finds that Infineon Technologies increased its automotive business in Japan by almost 25 percent in 2018. [Read more…] about Infineon ‘outgrowing all other leading suppliers of automotive semiconductors’ in Japan

Infographic: How AI is streamlining the supply chain

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Noodle AI has produced an infographic to show how artificial intelligence is changing commerce

Artificial intelligence is everywhere. In fact, you may have interacted with it today and you didn’t even know it.

AI can streamline a lot of our daily business operations, freeing us up to tackle more difficult tasks.

Within the world of e-commerce, AI may be the key to streamlining the supply chain. [Read more…] about Infographic: How AI is streamlining the supply chain

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