Increasingly, consumers are looking for, and willing to pay for, newer and cooler features and advances in safety and security. Electronic components are a critical part of those designs, which translates to strong growth in the global automotive electronics market. Vehicle data recorder systems, emergency call systems, and alcohol ignition interlocks will fuel market demand,…
Adding corporate social responsibility (CSR) language into supplier contracts is becoming increasingly common for high-tech and electronics OEMs. It remains to be seen, though, if these sustainability clauses actually shift supplier behavior. A recent study from EcoVadis, which rates global supply chains for business sustainability, found that CSR clauses have the potential to improve supply…
On May 25, the General Data Protection Regulation (GDPR) will go into effect in the European Union (EU), although the ripples will be felt worldwide. The regulations hope to enhance data protection of citizen’s personal data. Unfortunately, most organizations aren’t ready for the new rules, a new survey from analytics solution provider SAS found. “The…
Revenue per employee, calculated by dividing a company’s revenue by their current number of employees, is one of the most effective ways of determining the success of a company. Ultimately, companies are looking to have the highest revenue per employee as possible, as this illustrates high efficiency levels and productivity rates. So which company is…
The Internet of Things has become commonplace to even the least tech savvy neophyte wandering in the modern world. In fact, research firm Gartner put the figure of connected things in use at 8.4 billion in 2017, up 31% from the year before. That will reach 20.4 billion devices by 2020, Gartner predicted. Consumer applications…
In the wake of Amazon setting the bar for customer service and delivery, manufacturers are taking a cue from the retailer and embracing a retail-like role in which they cater to both consumer needs and the competitive direct-to-consumer space. OEMs are betting their technology dollars on that reality, according to the JDA 2018 Intelligent Manufacturing…
The logistics of tomorrow is most certainly digital and data-based but traditional processes are still most common today. This makes the industry cumbersome and slow. Truck transportation, for example, is a highly fragmented and decentralized sector. There are over 1.2 million trucking companies in the U.S. and every third truck on the road is driving…
In 1923, the great architect Giacomo Mattè Trucco was chosen to create a modern factory for the car manufacturer Fiat. His design was a magnificent contemporary departure from the baroque building styles that came before. This testament to the industrial era was to become the largest factory in Europe and the very first to be…
When it comes to manufacturing industries around the world, not every country is on the rise. With countries proactively attempting to take the lead, others are naturally slipping off the radar. Research into the Manufacturing Capitals of the World by RS Components has revealed that multiple countries, such as Switzerland, are predicted to drop in…
Automation is not a new concept in the electronics manufacturing industry. However, the convergence of the digital and physical realms with the help of various modern technologies such as Industrial Internet of Things (IIoT), artificial intelligence, robotics, cloud computing, augmented reality, and big data has led to the rise and proliferation of smart manufacturing. In…