This article explains why manufacturers should steer away from old traditions and embrace digital technologies. Manufacturing companies are under pressure for finding new ways to cut costs, boost productivity, improve profitability and optimize consumer experiences. Some manufacturing companies are gaining a competitive advantage over other companies because they have implemented “Internet of Things technology …
This article acknowledges and discusses how the unprecedented times we are currently living in make it difficult to predict what lies ahead for specific industries such as manufacturing and life science. However, some key points to be aware of include COVID-19 realities becoming mainstream, mass customization, flexibility, and an increased focus on data to …
This article discusses how many signs pointed towards a full supply chain recovery following the coronavirus pandemic. The outlook was so positive that deflation was seen as a problem of the past. However, a full-blown crisis of energy shortages, labor, and transport problems are beginning to be experienced throughout the world. Further, Mohamed El-Erian, …
This article discusses how a major shift is occurring within the agricultural industry, and it is expected to change the way the industry operates on a day-to-day basis. The trends of technological advancements and ways to combat climate change are at the front of this new wave. For example, aerial imaging technology, digitalize communication, …
This article discusses how the Delta variant of the coronavirus is impacting not only manufacturers and factories around the world but also shipping companies and ports. Because of a lack of important materials, manufacturers are running behind schedule and often are not able to get their product to the final destination. Governments are also …
This article discusses how General Motors’ factories in Fort Wayne, Indiana; Wentzville, Missouri; Spring Hill, Tennessee; and Lansing, Michigan have been affected by a shortage in computer chips. General Motors, the parent company of GMC, Chevrolet, Buick, and Cadillac, will see a halt in production involving their “most profitable vehicles, including pickup trucks and …
This article discusses a variety of emerging trends that are expected to have a significant impact on the agricultural industry this year and beyond. For example, sustainable machinery, precise agriculture, robotics, and better irrigation systems are all trends that have emerged due to the coronavirus pandemic. Further, the growing importance of software is going …
In this article, Silicon Valley looks to persuade smaller companies with rent-a-robot, so that companies can allow paying higher wages to their employees. With the rise in better technology and the need to pay higher wages, venture capitalists are “backing a new financial model: lease robots, install and maintain them, charge factories by the …
This article discusses groundbreaking news out of the Cincinnati/Northern Kentucky International Airport that Amazon Air launched an air cargo hub at the location. The $1.5 billion investment will create thousands of jobs that include management, robotics technology, and load planning. This effort is designed to more efficiently “meet the needs of its growing customer …
