Tag: Supply Chain

July 9, 2021

It seems the hits just keep on coming for global manufacturers. After a year of massive COVID-driven upheaval in the global supply chain, the Ever Given’s six-day blockade of the Suez Canal snarled passage for more than 400 ships and […]

July 1, 2021

The growth of the market is driven by increasing demand for connected supply chains and knowledge-based manufacturing that are equipped with advanced modeling, sensing, control, and simulation capabilities. Smart manufacturing refers to a fully integrated and collaborative manufacturing system that […]

June 30, 2021

We’ve hit the 100-day mark of Biden’s enforced supply chain review. The executive order is a welcome first step in the fortification of U.S. supply chains, especially when you consider 35% of manufacturers are likely to be disrupted over the […]

June 24, 2021

U.S. cutting tool consumption for April 2021 totaled $170 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, […]

June 4, 2021

Manufacturing and Supply Chain Expert Lisa Anderson, MBA, CSCP, CLTD, president of LMA Consulting Group Inc., predicts Manufacturing as a Service (MaaS) will emerge as a result of that manufacturing transformation that’s replacing the more traditional manufacturing model. LMA Consulting […]

May 21, 2021

Commerce Secretary Gina Raimondo said the Biden administration is exploring how to help semiconductor producers and buyers share supply chain information to alleviate the global chip supply crisis, and urged Congress to swiftly pass legislation to fund domestic production. “There’s […]

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 […]

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 […]

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 10, 2021

Manufacturers have been through a challenging twelve months. A combination of lockdowns, store closures, home working and other essential measures changed market demands overnight. In recent years, manufacturers have been challenged to find growth. For instance, the vast majority of […]

February 26, 2021

Risk leaders are already investing 28 cents of every dollar for technology updates to help strengthen resilience. But simply throwing more money at a problem is not the answer. Any increased budget must be accompanied with a deeper look into […]

February 18, 2021

The major trends in business today, such as low-cost country sourcing, outsourcing, customization, and globalization, all create a lot of complexities in the supply chain. Despite this, most companies have not changed the way that they manage this critical part […]

February 16, 2021

Reuters quotes a company executive saying: “We have communicated our demand early on. We have passed on our forecasts which have confirmed that demand. If suppliers do not trust our numbers and consult their own forecasts, we should have been […]

January 22, 2021

New research from Orange Business Services found that the supply chains in 40% of multinational corporations were unable to cope with the crisis created by the pandemic. The survey of 320 enterprises, focusing on the manufacturing, transport and logistics sectors, […]

December 22, 2020

Today’s manufacturing leaders are rushing to tout their remote work initiatives, promising flexibility and agility in response to a uniquely challenging year. Call it a new normal, an operational necessity, or just changing with the times. Still, no matter how […]

December 21, 2020

Trucking is entering a year of change as the industry moves past the coronavirus pandemic and adjusts to new practices. “I think next year is definitely going to be a transitional year,” Farrah Salim, senior principal analyst at research and […]

December 1, 2020

U.S. manufacturing expanded at a slower pace in November, easing back from the strongest reading in two years as orders, employment and production cooled. A gauge of factory activity fell 1.8 points to 57.5, according to data from the Institute […]

November 24, 2020

Economic indicators suggest the trucking industry could be poised for growth in 2021, after the coronavirus pandemic caused a topsy-turvy year in 2020 marked by unpredictable demand and continued uncertainty in the driver pool. “The overall outlook of the trucking […]

November 16, 2020

Following the onset of COVID, economies across the world were stunted and forced to adapt to new policies and protocols put in place to keep people safe. Manufacturing facilities were among the many industries that were significantly impacted when COVID […]