11/03/2024 Intertronics One of the historic barriers to automation is the perceived risk of investing in new equipment. After all, if a manual process is working well then why upset the applecart? However, as Henry Ford once said, “If you need a machine and don’t buy it, you pay for it without getting it.” Here Peter Swanson, Managing […]
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This is an excerpt of the original article. It was written for the March-April 2024 edition of Supply Chain Management Review. The full article is available to current subscribers. March-April 2024 Part of any supply chain manager’s job is risk mitigation. Thanks to COVID-19 and the ensuing, and constant, disruptions that have followed, more companies […]
Re-shoring is picking up steam, according to a recent survey of manufacturing executives. Both the … [+] severe supply chain disruptions during the Covid pandemic and the effects of more recent geopolitical turmoil have contributed.getty The supply chain disruptions and product shortages of the pandemic era have been supplanted by other big news. But the […]
New research reveals that 25 percent of global trade will relocate within three years amid economic and geopolitical instability. The geographic distribution of global suppliers will fundamentally shift from being mostly global to mostly local by 2026. A nationwide study of CEOs in 2022 found that 58 percent are considering reshoring. Forty-one percent estimate the […]
Manufacturing CEOs say AI will play a significant role in their companies in the next one to two years. Manufacturing CEOs have a lot on their minds going into 2024. Top among them is expanding the use of digital technology, especially for artificial intelligence. Other top initiatives include product sustainability, and securing more local and […]
WASHINGTON (AP) – There’s been no shortage of tough news for China’s economy as some of the world’s biggest brands consider or take action to shift manufacturing to friendlier shores at a time of unease about security controls, protectionism and wobbly relations between Beijing and Washington. Count Adidas, Apple and Samsung among those looking elsewhere. […]
Welcome to Check Call, our corner of the internet for all things 3PL, freight broker and supply chain. Check Call the podcast comes out every Tuesday at 12:30 p.m. EST. Catch up on previous episodes here. If this was forwarded to you, sign up for Check Call the newsletter here. In this edition: 2024 predictions […]
The Inflation Reduction Act (IRA) represents the most significant investment Congress has ever made in addressing climate change. But as we enter election season in the US, the legislation may be a significant part of the looming campaign, which could impact the measure’s long-term fate. With high energy prices, congressional Republicans, and leading presidential candidates […]
By 2030, it is predicted that over 85 million positions will be unfilled across the globe, hampering economic growth and presenting an opportunity for businesses to introduce more automation. Here, Tom Cash, a director of industrial parts supplier, Foxmere, identifies three major trends that are likely to shape the demand for automation over the next […]
The Secure Tomorrow Series is a strategic foresight capability focused on anticipating future risk drivers, critical uncertainties, and trends—such as aging infrastructure, global pandemics, and emerging technologies— to help enhanced organizational resiliency to be robust against future uncertainties. The second installment of the toolkit was made available this month. The OODA team has participated in […]
