manufacturing growth

Tech Manufacturing to Expand Through Year-End

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…

How Digitization Averted Supply Disaster for Palo Alto Networks

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…

Getting Down to Business: Parity Creates Productivity

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…

Digitization Remains a Manufacturing Priority

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…