supply, forecast, grim

How Industry & Science Collaborated for Operation Warp Speed

An unprecedented level of collaboration was at the core of Operation Warp Speed’s success in developing and distributing COVID-19 vaccines. The pandemic brought the academic and industrial scientific communities together as nothing has before. Challenges between the two worlds that once seemed virtually insurmountable were overlooked in favor of the greater good. This incredible collaborative…

blockchain, recycling

What Does Robotic Process Automation Mean for Manufacturers?

Robotic process automation (RPA) is revolutionizing the manufacturing industry, but what does it mean for employees and businesses? Automation has been on the rise for several years, but RPA has been especially effective. While it has been largely beneficial to everyone involved, there may be some negative side effects. Only time will tell exactly how…

Air & Sea Shipments Cost More; Port Delays Remain

As the Christmas holiday approaches, consumer awareness of the supply chain has heightened. Global supply networks have actually been struggling for 18 months. Continual disruptions have elevated the rates of ocean shipments and air-cargo costs are now on the rise. Additionally, delays at U.S. seaports have not abated. Transatlantic air cargo rates climbed this week,…

demand, KMC, Elbit

Demand Fuels Tech Expansion, Defying Supply Headwinds

Since the onset of Covid-19 supply chain disruptions have only gotten worse. Shortages that began with global quarantines have been exacerbated by demand- and logistics-driven delays. But expectations of ongoing demand are prompting electronics companies to expand. Chip consumption, for example, isn’t going to decline. Semiconductor manufacturers are set to build 29 fabs over the…

How Flexible is Your Bill of Materials?

High-quality, highly reliable electronic products are realized through many devices and services coming together consistently and efficiently. One item is components; the individual parts that, together, comprise a bill of materials (BOM). Ideally, a BOM would be frozen once the engineering and purchasing departments have agreed on the parts and suppliers, respectively, needed to build…

The Future of Remote Patient Monitoring Technologies

Advancements in remote patient monitoring (RPM) mean physicians can get a clear picture of health outside of face-to-face appointments. That’s a crucial advantage, especially for people who live in rural areas or cannot easily travel to doctors’ offices. Telehealth in general has become common during the Covid-19 pandemic. Remote monitoring could further change the future…

Why the Pandemic Has Been Good for Robotics

Due to economic and environmental pressures industrial operations are moving toward a more automated future. This has been happening for quite some time as automation, powered by robotics in manufacturing, provides a host of benefits such as operational cost savings, higher efficiency and faster time to market. The global market for both industrial and non-industrial…

IoT

Industry 4.0 Expected to be Lead Application for IoT

Avnet Inc.’s Newark business has published new research on the Internet of Things (IoT) which reveals the growing role of IoT for industrial automation and control applications essential to the delivery of Industry 4.0. The IoT Survey, which is run annually by Newark, generates new insights on this key market, including opportunities and challenges for…

Outlook Remains Mixed on U.S. Reshoring Initiatives

The Covid-19 pandemic exposed the risks of a global supply chain heavily dependent on offshore manufacturing. For much of 2020, shocks to the system resulted in months-long shipping delays for essential goods like PPE, electronics and medical supplies. The Biden administration has pledged to rebuild U.S. supply chains in a way that prevents critical equipment…