article thumbnail

Coronavirus Highlights Fragility of Global Supply Networks

Jaggaer

Since the outbreak of SARS in 2003, the last major epidemic to hit China, the country has become even more important as a source of key components and materials as well as finished consumer goods. China ’ s economy has grown in leaps and bounds from roughly 4% of world GDP in 2003 to 1 6% today. Telecommunications equipment.

article thumbnail

Using Big Data to Drive Manufacturing Sales: 3 Big Takeaways from the USMTO Reports

GlobalTranz

How Can USMTO Reports Help Drive Manufacturing Sales and your Bottom Line? The United States Manufacturing Technology Orders (USMTO) data report is compiled monthly by the Association for Manufacturing Technology (AMT). Who is Association for Manufacturing Technology (AMT)? What is the USMTO Data Report?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The distilled spirits market beyond 2021: Trends, profit margins & more

Unleashed

Like many food and beverage manufacturing industries, the alcohol industry worldwide has taken a hit from the pandemic – whether from restaurant and bar closures, or restrictions on valuable export and import markets – global sales volume dropped 6.2% Germany is both the largest importer and exporter of the spirit. million litres.

Trends 98
article thumbnail

How to Stop Disruption in the Supply Chain From the Coronavirus

Veridian Solutions

More than 300 of the world’s 500 largest companies have a presence in Wuhan, with the city being one of China’s largest manufacturing centers. With China serving as one of the major manufacturing hubs of the world, this mass quarantine is having worldwide impacts. Many have compared this outbreak to the SARS emergency of 2003.

article thumbnail

Industry 3.X and TPM deciphered

KEPLER Consulting

This remains very important because from the beginning of the digital data creation until 2003, there were 5 exabytes of information created and now the same amount of information is created every two days. Smart manufacturing for the future. Germany Trade & Invest. In Real-time systems (pp. Springer US. Washington, DC: U.S.