Tag: COVID-19

May 18, 2021

Global manufacturing and supply chains were severely disrupted by the COVID-19 global pandemic, forcing companies to adapt and plan for a new business reality. The 2021 State of Manufacturing Report from Fictiv reveals an industry that is quickly rebounding with […]

May 6, 2021

Left unabated, the manufacturing skills gap — which is now anticipated to leave 2.1 million jobs unfilled by 2030 — could cost the U.S. economy as much as $1 trillion. Deloitte and The Manufacturing Institute’s new report, “Creating pathways for […]

April 20, 2021

Supply chains endured a growing number of challenges in 2020, particularly as disruptions threatened suppliers and changed dynamics across the chain. The breadth of disruption was so severe that many organizations were caught on the back foot and could only […]

April 19, 2021

We recently caught up with Tim Jacobs, VP/General Manager – Enterprise at TPC, to ask him how the company is helping industrial maintenance workers to both improve their skill sets, from precision maintenance to leadership, and overcome the numerous job […]

April 13, 2021

“Memory, GPUs and 5G chipsets led semiconductor growth, driven by hyperscale, PC, ultramobile and 5G handset end-market demand, while automotive and industrial electronics suffered due to lower spending or a pause in spending owing to COVID-19,” says vp Andrew Norwood. […]

April 7, 2021

Royal Dutch Shell Plc expects to make its first profit from pumping oil since the start of the pandemic, the petroleum giant said. Shell’s upstream unit, which largely handles the exploration and production of crude, was able to capture “the […]

April 6, 2021

A recent BDO survey of 100 manufacturing CFOs shows that the pandemic accelerated the adoption of Industry 4.0. Manufacturers put the focus on innovating and stabilizing the supply chain. “The pandemic has been a catalyst for technological change,” Eskander Yavar, […]

March 29, 2021

That is nearly twice the amount of the five billion vaccine doses of all types produced across the world before the pandemic struck. Even so, it is still less than the 11.5 billion doses of Covid-19 vaccine needed to meet […]

March 24, 2021

Communicating with personnel was already a challenge for companies with workers in the field, widespread workforces in siloed divisions and office locations, or deskless staff who travel. Now that COVID-19 has all but eradicated traditional in-person relationships and many in-office […]

March 23, 2021

For the eleventh consecutive year, Taiwan, at $12.4 billion, was the world’s largest market for semiconductor materials on the strength of its large foundry capacity and advanced packaging base. With its aggressive capacity build-up, China surpassed Korea to claim the […]

March 22, 2021

Of all the industrial trends that will come into focus on the heels of Covid-19, mergers and acquisitions (M&A) will surely be among the top. The prioritization of M&A may already be underway. We know that despite some early reticence […]

March 19, 2021

The COVID-19 pandemic has exposed clear vulnerabilities in global supply chains and the manufacturing industry as a whole. This unprecedented health crisis showed that production lines have major issues with scaling and adapting to new products, especially when access and […]

March 18, 2021

Combating the Covid-19 pandemic is at the top of the global agenda. Providing vaccine to populations around the globe means providing around 8 billion doses. In addition to the availability of the vaccine, a decisive factor in the race against […]

March 17, 2021

In spite of the negative impact of component and raw material shortages, executives at American automotive suppliers reveal continued strength in light-vehicle demand. That is according to the Q1 Original Equipment Suppliers Association (OESA) Supplier Barometer Index (SBI), released March […]

March 15, 2021

To say that 2020 was a challenging year for FDA would be an understatement. The COVID-19 pandemic stretched resources thin as it grappled with unprecedented regulatory demands as a result of the U.S. public health emergency. FDA’s response to the […]

March 10, 2021

The United States’ economy has absorbed a body blow from the COVID-19 pandemic. This virus has drained the financial resources of millions of our fellow Americans who now can’t cover rent, pay utilities, or reliably buy groceries because of wages […]

March 8, 2021

In many countries, the alignment of clean energy transitions and the COVID-19 recovery is opening new possibilities. This is clearly high on the policy agenda of the new U.S. administration. Customers, investors, and stakeholders are increasingly making consequential decisions to […]

March 2, 2021

Digitalization in automation has been getting a lot of attention in the manufacturing industry over the past year. The popularity of emerging technology is partly due to the pandemic. COVID-19 unexpectedly accelerated the progress of digitalization in automation as factories […]

February 17, 2021

Even after exceptional disruption to organizations around the globe, the manufacturing sector closed out 2020 with its highest growth since 2018. The Institute for Supply Management’s Semi-annual Economic Forecast projects 2021 will bring economic improvement in manufacturing and services. With […]

February 10, 2021

The world’s biggest shipping company, Denmark’s A.P. Moller-Maersk, on Feb. 10 reported a sharp rise in earnings for the fourth quarter, when global demand for goods rebounded from an earlier slump caused by the coronavirus pandemic. The Copenhagen-based company reported […]