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% Regulations and Medical Device Manufacturing in 2021.

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

Cerasis

trillion to $14 trillion by 2022. Furthermore, the IoT is directly linked to better risk management programs in manufacturing too, explains Industry Week. Fleet or transportation management is another aspect of manufacturing reaping the rewards of the IoT. Transportation management systems are evolving to include information before products were even shipped, such as manufacturing or warehousing data. Internet of Things Logistics Manufacturing Supply Chain Technology

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Small Manufacturers Play Critical Role in Securing the Supply Chain

Material Handling and Logistics

While 75% of manufacturing companies have a program to promote cybersecurity awareness, only 37% believe that their programs are very to completely effective. Though the manufacturing sector does not attract the sheer volume of total cyberattacks as other areas of the economy, research has shown that coordinated cyber espionage targets manufacturing more than any other sector. manufacturing firms have fewer than 20 employees and 98% have fewer than 500.

The Ultimate Guide to Manufacturing Software

IQMS

Bottom Line: The majority of manufacturers are prioritizing shop floor productivity as their most valuable growth strategy, relying on manufacturing software to be the catalyst to get them there. What is Manufacturing Software? Best defined by its many benefits, manufacturing software provides real-time visibility into the details of a manufacturing operation. Why Is Manufacturing Software So Hot Today? in 2022, growing at a CAGR of 7%.

Manufacturing 4.0 in academia & practice: How SupplyOn contributed to the MIM 2019 conference

SupplyOn

More than 750 participants from 51 countries all over the world came to discuss the latest trends in Manufacturing 4.0 Susanne Meyer, Vice President of the HWR Berlin, who were both the driving forces behind this conference, also emphasized this unique opportunity to learn from each other in the context of modelling, management and control of manufacturing processes. and smart manufacturing systems to inventory control and supply chain management (SCM).

10 Ways IoT Can Improve Supply Chains

IQMS

By 2020, Discrete Manufacturing, Transportation & Logistics and Utilities industries are projected to spend $40B each on IoT platforms, systems, and services. in 2022, achieving a 10.7% Blockchain and IoT are defining the future of supply chains based on the initial success of Proof of Concept (POC) pilots focused on the logistics, storage and track-and-trace areas of supply chains across manufacturing.

[INFOGRAPHIC] Industry 4.0: Powered by the Internet of Things & Digital Manufacturing

Cerasis

At Cerasis, a core value of ours is continuous improvement for not only our company, our clients, and employees, but through our blog and content to those who are related to what we do (transportation management) in the fields of manufacturing, supply chain, logistics, distribution, and transportation. Shippers, especially manufacturing companies, are then empowered further by the convergence of technology. The Internet of Things will Power Digital Manufacturing.

How Can Automotive Players Thrive in a World of ACES Uncertainty?

QAD

In a world where the future could go in so many different directions, how are auto manufacturers to survive, let alone thrive? And just as OEM auto manufacturers are partnering to get ahead, automotive suppliers are doing the same. Similarly, some auto manufacturers are noticing that their model ranges give the consumer too much choice. That’s why manufacturing companies need to be agile enough to effectively respond to change.

The Interrelated Issues Facing the Trucking Industry

PLS Logistics

The American Trucking Association projects that the trucking industry is poised for serious growth by 2022. The forecast suggests that overall revenue for the industry will rise almost 66% and tonnage will increase 24% by 2022. But 2017’s trucking outlook improves: demand, spending and manufacturing are expected to pick up. However, 2016’s economy saw slow growth, shipping rates and volumes.

Digital Supply Chain Predictions!

Supply Chain Game Changer

Digital transformation is now the overriding priority for most manufacturers and retailers, with the adoption of digital technologies aimed at improving efficiency and effectiveness in the shorter term while providing the opportunity to grow a leaner operational protocol in the future.

Battery maker claims that it has revolutionary solid-state battery that outperforms lithium-ion rivals

EFT

In a roadmap announced in a press release, they say that they aim to go beyond 400 Wh/kg by 2022. The company says the cells can be manufactured at commercial scale using industry standard lithium-ion roll-to-roll production equipment.

Top 5 coffee roaster manufacturers

Exapro Hub

As coffee roaster manufacturers have the passion for good coffee, Exapro has the passion for used industrial machinery market and its evolution since 2004. According to a report published on 29th May 2018 by Research Report Insights, the coffee market revenue is expected to surpass US$ 34 Bn by 2022. Since then, we were wondering what could be the top 5 coffee roaster manufacturers ever listed on Exapro.com among more than 60 brands.

Prescriptive Analytics is Going Mainstream. Is your Organization Ready?

AIMMS

This will grow to 37% by 2022. We started seeing a broader range of industries using optimization in the last ten years, like manufacturing, beverages, education, and more. With rising supply chain complexity, organizations are racing to improve the pace and quality of decision-making. To do this, many are relying on prescriptive analytics. According to Gartner, 11% of mid and large-sized enterprises currently have some form of prescriptive analytics.

What’s the Hold-up with COVID Vaccinations? Don’t Hold Your Breath…a 2021 Prediction

NC State SCRC

Localization is underway as we start to see organizations moving more towards local production in manufacturing networks with localized suppliers (to avoid being shut down), and shortages of PPE continues to occur, which results in counterfeiting activity on the rise. Welcome to 2021!

Industry 4.0: Driven by 5G and Cognitive Technologies

Enterra Insights

Peter Fretty ( @pfretty ) writes, “Properly leveraged, artificial intelligence (AI) has the potential to empower manufacturers with data-based insights specific to their individualized operations. ” In spite of the perceived benefits, the study also found, “Many manufacturers remain ‘behind the curve’. Specifically, the total installed base of AI-enabled devices in industrial manufacturing is expected to reach 15.4

The New Solar Tariff Promises Big Changes in Clean Energy Manufacturing

Elementum

The so-called “safeguard tariffs” will decline each year by 5 percent before expiring in 2023.The move comes in response to a petition last year from solar panel manufacturers Suniva and SolarWorld. panel manufacturers were being harmed by imports and recommended a 35 percent tariff against foreign panel manufacturers. Manufacturing only comprises a small portion (about 14 percent ) of all jobs in the solar industry.

Why Blockchain Within The Supply Chain Makes Perfect Sense

Cerasis

Multiple manufacturers, multiple relationships, multiple distribution models, multiple contracts. Like in the example above, a supply chain infrastructure blockchain can interface with RFID tags, digital manufacturing equipment, sensors, drones, IoT, and other write-enabled technologies to provide real-time transactional value — which can be leveraged for a more efficient production schedule, better food safety, and stronger anti-counterfeit efforts. from the global economy by 2022.

Vendor-managed inventory and distribution planning in the food and beverage industry – here’s something to chew on

Kinaxis

by Jeswin Philip The Food Packaging Trends and Advances report from PMMI forecasts that the US Food and Beverage industry will experience a 2.9 % CAGR through 2022. As with any industry, food and beverage faces its own unique set of supply chain challenges, including: Expiring ingredients, manufactured product and packaged goods. The vendor is usually the supplier, a manufacturer or a distributor.

Capitalising on Supply Chain Digitisation with Robotic Process Automation – 10 Areas of Opportunities – LogiSYM August 2020

The Logistics & Supply Chain Management Society

Gartner estimates that by the end of 2022, 85% of enterprises will have some form of RPA implemented in their business and Forrester calculates the RPA market will exceed a 50% CAGR by 2023, going from roughly $500 million to $2.8

Logistics property update: December 2020

EFT

sq ft of warehousing and manufacturing space covering 511 acres and 10 miles of private rail, with a direct switch onto the CSX rail network. Construction is expected to start in April 2021 with completion anticipated for autumn 2022. Jaguar Transport acquires Ohio warehousing site.

Trends and Predictions 2020: Supply Chain

Enterra Insights

Simon Ellis, Vice President of IDC Manufacturing Insights, observes, “The supply chain continues to undergo almost unparalleled levels of change. Supply chains will be able to procure, source, manufacture and handle logistics across a broad array of players including small to medium businesses. Automated Analysis : “By the end of 2020, half of all large manufacturers will have automated supplier and spend data analysis, resulting in a 15% procurement productivity gain.”

Trends 100

Is AIoT the Future of Industrial Connectivity?

Enterra Insights

“Last but not least, industries from manufacturing to mining rely on digital transformation to become more efficient and reduce human error. In fact, Gartner also estimates that over 80% of enterprise IoT projects will incorporate AI by 2022.” AIoT is also expected to be particularly transformative for manufacturing, autonomous vehicles and robotics.”

Trends 2019: Business Technology

Enterra Insights

Gartner predicts that by 2022, at least 40 percent of new application development projects will have AI co-developers on the team.”[4] Gartner predicts that by 2022, 70 percent of enterprises will be experimenting with immersive technologies for consumer and enterprise use, and 25 percent will be deployed for production. Additive Manufacturing (aka 3D Printing). Technology is an ambiguous word referring to a wide range of marvelous (and sometimes scary) man-made gadgets.

Trends 126

Blockchain Will Eventually Make Supply Chains More Resilient

Enterra Insights

For example, if a manufacturer shares its products with suppliers, the manufacturer should be able to depend on that supplier to follow factory safety standards.” billion by 2022, and it’s no wonder: From retail to manufacturing to quality assurance, blockchain is being used to maximize the value of data and to streamline data processing and transmission. Supply chain resiliency has been a much-discussed topic during the COVID-19 pandemic.

This Week in Logistics News (January 2 – 8)

Logistics Viewpoints

The issue here is that the new vaccines need an absurd amount of labor and materials to be manufactured, especially considering that a vaccine has never been made at this speed or scale before. Welcome back.

Security: A Big Challenge for the Internet of Things

Enterra Insights

Each of those myriad networks involves sensor manufacturers, network providers, and analytics platforms. Edwin Lopez ( @EdwinLopezT37 ) and Jennifer McKevitt ( @mckvt ) report a study by Mobile Experts concludes, “High demand could lead Internet of Things makers to triple production by 2022, shipping $70 million worth of devices in the next five years compared to $22 million today.”[2]

Big Tech and Auto Battle for the World’s Cobalt Resources

Elementum

Volkswagen recently announced plans to invest €34 billion ($42 billion) in battery-powered cars by 2022. Questions about how the auto-manufacturing giant would meet production goals arose soon after. In 2006, lithium-ion batteries consumed only 20% of the global cobalt supply. Ten years later, that number has more than doubled.

Third Party is the Perfect Place for Logistics Professionals

Supply Chain Network

’ Highlighting this point, the Logistics profession continues to grow rapidly and is projected to grow 22% by 2022 (27,600 jobs) a rate much faster than the average of all occupations according to the Bureau of Labor Statistics. There has been much discussion on what Logistics is and the emerging role and recognition of the importance of Logistics professionals within organizations. In fact a recent post of mine even asserted that ‘Logistics is the New Black!’

Automated Vehicles – An Update!

Supply Chain Game Changer

Furthermore, the industry has agreed to make automatic braking and forward collision warning systems standard by 2022. On the bright side, many car manufacturers and cyber security experts are confident that better intrusion prevention technologies will eventually overtake persistent hacking fears. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Will Driverless Trucks Ever Gain Traction?

The need to know

EFT

Alibaba Group opens China factory as part of new manufacturing initiative. Alibaba Group Holding Ltd on Wednesday unveiled a pilot factory in the eastern Chinese city of Hangzhou as part of its “smart manufacturing” business initiative.

The Internet of Things is over 30 Years Old and still in Its Infancy

Enterra Insights

He explains, “Robert Gordon argues that, with the exception of a decade starting in the mid-1990s, information networks have not driven productivity in the way that electricity transformed the American manufacturing sector in the 20th Century. But some believe now that IoT can boost productivity growth by increasing the efficiency of traditional business operations such as manufacturing, transportation, and retail.”

Trends 2019: Supply Chain

Enterra Insights

A recent Financial Times article stresses that now is the time for manufacturers to diversify their product portfolios to reduce risk.”[3] He predicts, “By 2023, talent shortages in the supply chain for 75 percent of the top 500 manufacturers worldwide will largely have been mitigated using supply chain digital assistants.”[6] We live in hectic times. The U.S. is in a trade war with the world. Britain is trying to disconnect from Europe.

Trends 100

How to prepare for a transparent supply chain in 2021

SupplyShift

Decrease waste by 20 percent across all Kraft Heinz manufacturing operations by 2025. Achieve 100 percent sustainably sourced tomatoes by 2025, 100 percent sustainable and traceable palm oil by 2022, and 100 percent cage-free eggs globally by 2025 (among other ingredients).

Blockchain in the Supply Chain is Only a Few Links Long

Enterra Insights

Many are adopting a broader end-to-end view and mapping all requirements from manufacturing to retail.” Manufacturers may ship their products across the globe, but they lack key data about shipment location and status as packages move from sea port to port. 2] Staff, “ Gartner: 80% supply chain blockchains will still be pilots in 2022 ,” Ledger Insights , 24 January 2020. [3] The global supply chain appears to be a perfect arena for blockchain technology.

Trends and Predictions 2020: Information Technology

Enterra Insights

2] Those trends include: Trend 1: Breakout moment of artificial intelligence (AI) in manufacturing. … In 2020, emotion recognition and computer vision will scale and AI will have a breakout moment in manufacturing.” By 2022, 70% of enterprises will deploy unified hybrid/multicloud management technologies, tools, and processes.” Information technology (IT) is an umbrella term covering a variety of technologies.

Trends 100