News & Insights
How a Digital Twin Uses the Past, Present & Future to Make Better Decisions
The digital twin, or virtual model of a physical process, is one of the biggest buzzwords in the business world right now. It has also become one of the most desired investments. According to IBM, the market for digital twin software is worth more than $3 billion as of...
The Relationship Between Inventory Management, Planning & Scheduling Optimization
For businesses that are opening their first US-based plants or struggling to handle frequent schedule changes, understanding the complex relationship between inventory management, planning, and scheduling can come with a steep learning curve. These three essential...
A New Set of Supply Chain Challenges for Onshoring Plants
Over the past year, a growing number of large US companies have kicked off efforts to onshore their manufacturing plants. Most have one common goal in mind: to regain control of their supply chain. Once established, a domestic supply chain is typically easier for...
The Opportunity to Attract the Next Generation of Manufacturing Leaders
The employee landscape of manufacturing businesses is changing. During the height of the pandemic, uncertainty drove many employees to accelerate their plans to leave the workforce. In the third quarter of 2020, 3.2 million more Baby Boomers retired than in the same period...
Why Biotech Facilities Fall Short of Targeted Capacity
Those who work in the biotechnology industry already know that capital projects at manufacturing facilities tend to fall short of their targeted capacity levels. According to McKinsey, pharmaceutical manufacturers utilize less than 35% of existing capacity, compared to 85%...
Increasing Efficiency for Small Batch Pharmaceutical Manufacturing
In recent years, leading biopharmaceutical manufacturers have started testing the use of small batches to produce highly custom pharmaceuticals developed from research on genetic variations. It’s an important advancement in the medical field, as customized products can...
The Value of Collaborative Tools in Manufacturing
For many manufacturing plants, the constant miscommunication between systems and departments is a scenario that is all too familiar. With so many moving parts within the facility, it’s inevitable that someone will miss an update and be misaligned on the latest plans. To...
Benefits of Proactive Planning in Manufacturing
In business, we hear all the time about the importance of being “proactive, not reactive.” In reference to manufacturing, it can be more complex to unpack the true meaning of being proactive. When you’re busy running production lines day in and day out, how can your plant...
Improving Lot Cycle Times in Complex Manufacturing Facilities
If your manufacturing organization is striving to become more efficient (and let’s be honest, who isn’t?), one measurement you’ll need to know is each product’s lot cycle time. This term refers to the total time is takes to manufacture one batch of product at the plant....
Chat With A Specialist
Request a call with our specialists so we can gain an initial understanding of your organization’s needs and how VirtECS® can deliver results.