reshoring

Reshoring 2020: A Wild Ride, but U.S. is Poised for Change

Two leading research firms measure “reshoring” differently, so their analysis rarely agrees. Conclusions for 2020 were no exception, but U.S. manufacturers say they’re committed to reducing their dependence on foreign supplies. The Reshoring Initiative’s index, which tracks jobs and foreign direct investment (FDI), reported a combined total of 160,649 new announcements for 2020. Reshoring exceeded…

Flex Envisions AR/VR in the Future of Manufacturing

As augmented and virtual reality (AR/VR) technologies come of age, manufacturers are finding ways to adopt these technologies on a variety of  fronts, including product development, training, maintenance, repair and worker safety. Flex, a $25 billion electronics design and manufacturing services (EMS) provider, envisions expanding that universe even further. AR/VR is so important to the…

Flex Announces Lynn Torrel as Supply Chain Chief

Flex (NASDAQ: FLEX) today announced that Lynn Torrel has been named chief supply chain and procurement officer, responsible for direct and indirect materials, transportation and logistics, business operations, materials management, and strategic supply chain management. “Having a supply chain and procurement expert of Lynn’s caliber join our team will help Flex continue to innovate our…

Flex Awards Bourns

Bourns, Inc., a leading manufacturer and supplier of electronic components, today announced it has been named a 2017 Preferred Supplier award recipient by Flex. Flex is an electronics manufacturing services (EMS) company known for designing and building “Intelligent Products for a Connected World™”. Flex’s procurement and supply chain employees selected Bourns as a preferred supplier…

Bose Extends Partnership with Flex

Framingham, Mass. — Today, Bose Corporation, a US-based multinational company and global leader in audio systems, and Flex, a global leader in manufacturing, announced they’ve reached an agreement to expand their existing strategic partnership.  As part of the new agreement, ownership and operation of Bose’s manufacturing and development operations in San Luis, Mexico and Penang, Malaysia will transfer to Flex,…

Flex Partners with Supply Chain Security Company

Flex, a leading sketch-to-scale™ solutions company, today announced a strategic partnership with Vantage Point Analytics, a SaaS based security solutions company that provides mobile threat intelligence to secure supply chains and products— anywhere at any time. Supply chain fraud is costing companies revenue and, until now, there has been limited visibility into supply chain fraud.…

Flex Acquires Smart Home Platform Wink

One of the more appealing aspects of the IoT is the diversity of companies that are entering the market. Pascal Fernandez, vice president of distributor Avnet Inc.’s Velocity, EMEA, recently said companies outside of the electronics industry are developing products and applications that may find their way into the IoT. Many companies already in electronics are…