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6 Manufacturing Trends You Need to Know

Arena Solutions

The global manufacturing sector has seen an upswing, a technological renaissance of sorts. Since the start of 2012, more people graduating from college and universities are entering the engineering/manufacturing fields. The manufacturing sector has been severely impacted by this trend because production jobs are highly technical.

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Medical Device Manufacturing in 2021 – The 3 Key Challenges

Unleashed

For medical device manufacturers connected to the Covid-19 pandemic response, 2020 has been a year of growth. However more broadly the industry has faced the same challenges as other manufacturing sectors, with a -4.4% But also on how medical device manufacturers navigate other challenges specific to their sector.

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ToolsGroup Acquires Mi9 Retail’s Demand Management Business

ToolsGroup

Mi9 acquired this division through its acquisition of JustEnough Software in 2018. The combination of software offerings will optimize end-to-end planning–from production to purchase–equipping modern multi-channel retailers to build highly resilient, profitable and future-proof supply chains.

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The Industrial Internet of Things, Manufacturing, Supply Chain & Logistics: Where Are We & Where Are We Going?

GlobalTranz

trillion to $14 trillion by 2022. Spending has increased by $2 billion annually, and projections indicate spending rates will increase in 2018 to $3 billion annually, reports Business Insider. Furthermore, the IoT is directly linked to better risk management programs in manufacturing too, explains Industry Week.

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Rivian’s Missed 2022 Production Performance and Executive Turnover

Supply Chain Matters

Supply Chain Matters highlights reports that Rivian Automotive fell short of its 2022 vehicle production goal and that several top executives have departed the company, including the company’s purchasing head. The EV auto maker’s original commitment at the start of 2022 was to produce 50,000 vehicles, but that was cut at mid-year.

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National Barcode Day 2022

Enterra Insights

Employees can always find the most current information when reviewing inventory positions or trends in demand, which facilitates better decisions around purchasing and discounting. Various barcode systems are now used to track a vast range of products as they are manufactured, distributed, stored, sold, and serviced. Footnotes. [1]

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This Could Be Scary: A Halloween Candy Shortage

Enterra Insights

Good for someone that wants to buy Halloween candy for 75% off the day after Halloween, but not so great for the candy manufacturer or retailer.”[5] She explains, “Dark chocolate can store up to two years from the manufactured date. Nestle Warns Of Halloween Supply Issues ,” Marketing Daily, 29 July 2022. [3]

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