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…

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…

NAND Flash Revenue Up 5.1% in Q1

Total NAND Flash revenue for 1Q21 increased by 5.1 percent QoQ to $14.82 billion, according to TrendForce’s latest investigations. In particular, bit shipments rose by 11 percent QoQ, while the overall ASP dropped by 5 percent QoQ; hence, bit shipment growth offset the decline in the overall ASP. Although NAND Flash demand from notebook computer…

Manufacturing Optimism Grows for Remainder of 2021

Purchasing and supply executives expect manufacturing growth will continue for the rest of 2021 with several metrics – capacity, capital expenditures and revenue – exceeding forecasts of late 2020. There is hope that the corner has been turned on the coronavirus pandemic, according to the Institute for Supply Management, and both the U.S. manufacturing and…

WAN, supply chain

Using Your WAN and IoT to Optimize Supply Chain Management

Your organization runs a tight ship, building profit by taking advantage of operational efficiencies borne from technological innovations. Thanks to IoT and RFID, you now track products from the point of origin to the point of consumption. So how can you leverage your company’s WAN to optimize your supply chain management? Deploying efficient global supply…

April PMI: Demand Bumps Up Against Supply

Labor and supply constraints continue to limit U.S. manufacturing momentum even as demand remains robust. The nation’s leading factory index, the PMI, declined 4 percent in April, but depleted customer inventories and increasing factory backlogs bode well for the long-term health of the industry. “Recent record-long lead times, wide-scale shortages of critical basic materials, rising…

manufacturing, growth, revenue, profit

Electronics Adds to U.S. Manufacturing Surge

The electronics sector helped drive U.S. manufacturing activity to a 37-year high in March as pent-up demand emptied customers’ shelves and firmed up expectations for a widespread economic recovery. There are no signs demand will abate, according to the Institute for Supply Management, although factories will face supply and labor constraints at least through the…