High-tech manufacturing is expected to grow for the remainder of the year despite continued inflation and geopolitical unrest. Overall, U.S. manufacturing businesses forecast revenue growth of 9.2 percent for 2022, slightly higher than projections at the end of last year. Few of the challenges faced in 2021 – inflation, materials and component shortages and logistics…
Risk to a supply chain comes in many forms. There is the risk of part or component shortages, a security breach, and logistic delays or problems. There is even the ongoing risk of market volatility, a concern that has become even more prominent in recent years with the Covid-19 pandemic and industry-wide shortages of components…
Palo Alto Networks didn’t see Covid-19 coming but was better prepared than most when the global supply chain abruptly froze. The cybersecurity systems business had been digitizing its supply chain for several years and had modelled for various sourcing extremes. “I wouldn’t say we were more prepared, but we had things in place,” explained Jonathan…
Two years ago, just before the arrival of Covid-19, HP opened a new, 150,000-square-foot 3D Printing and Digital Manufacturing Center of Excellence
There were 218 non-food consumer product recalls in 2021 alone, and that figure has remained above 200 since 2017
It’s no secret that inflation is on the rise and just about everything is getting more expensive. Unfortunately, that’s a trend that’s likely to continue—so OEMs need to be thinking strategically now about how to manage this curve. Earlier this month, the Labor Department reported that the Consumer Price Index for All Urban Consumers (CPI-U)…
Digital twins allow companies to conduct virtual “what if” experiments of their production environments without causing disruption
Editor’s note: This is the first of two parts. If one industry is significantly aware of the new normal, it’s the electronics industry. The pandemic hit the global supply chain of electronics from materials to manufacturing, from basic building blocks such as wafers to the entire manufacturing cycle of components and final products. Now, as…
Businesses are accelerating their activity in diversity, equity and inclusion (DEI) at a time when gender diversity was hard hit from the Covid-19 pandemic. The global supply chain is feeling the effect. “For the female workforce in global supply chains, the pandemic has caused multi-faceted issues that undermine women’s economic participation and wellbeing and expose…
The prolonged shortage of electronics components has accelerated supply chain innovations viewed as “nice to have” for years and has rendered many of them imperative. Digitization – essentially, automating manual tasks throughout a manufacturing network – is considered important to achieving business goals by 87 percent of respondents to a recent survey. Yet progress has…