Smith and Associates surveyed 200 respondents spanning across the electronics industry and found that 68 percent identified mobile applications as the most influential technology in the supply chain. Although some organizations are still using traditional tools in the supply chain process, more companies are now turning to smartphones, handheld computers and other mobile devices to reap the benefits of improved mobility and flexibility.
A manufacturing renaissance is taking place in the United States. According to a recent MIT study, 14 percent of manufacturers have made definite plans to move some of their currently offshore production back stateside. An additional 30 percent are considering it. The common term being used for this is reshoring. The reshoring trend is growing and can garner goodwill with domestic customers, consumers and even legislators. But any careful decision to reshore or expand domestic manufacturing capacity will be predicated on goodwill benefits and growing profitability.