article thumbnail

General Motors Locks In Strategic EV Vehicle Supply for 2025

Supply Chain Matters

This week, in conjunction with General Motors reporting of Q2-2022 financial performance, the auto maker disclosed that it had secured strategic supply agreements to support one million electric powered vehicles in North America by 2025. A total of 30 GM EV models are planned for production by 2025 along with a doubling of revenues.

article thumbnail

Wired for Success: Optimizing Sales and Operations Planning for the Wire & Cable Industry

DELMIA Quintiq

The global wire and cable manufacturing industry is slated to be valued at US $232 billion by 2025 at an annual growth rate (AGR) of approximately 5 percent. However, gradually complex manufacturing environments may prove to be a challenge for those who struggle with demand forecasting accuracy.

Modeling 268
Insiders

Sign Up for our Newsletter

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

article thumbnail

Smart Manufacturing Trends to Expect in 2024

OptiProERP

With 2024 on the horizon, more manufacturers are adopting smart manufacturing technology. It is helping them capture benefits across the entire manufacturing value chain. Examples of intelligent factories include on-demand manufacturing and virtual inventories.

article thumbnail

Made in China 2025 Promises a Manufacturing Revolution

Elementum

Manufacturing Agendas: So Hot Right Now. China has joined the manufacturing revolution party. At the end of May the Ministry of Industry and Telecommunications Technology announced the introduction of China’s own manufacturing legislation: Made In China 2025. Manufacturing Revolutions have 10 Planks, Too.

China 60
article thumbnail

Two Million Vacant Manufacturing Jobs by 2025…How Can We Tackle the Skills Gap?

GlobalTranz

Approximately 60 percent of today's unfilled manufacturing jobs are due to a shortage of applicants with sufficient proficiency in science, technology, engineering, and math ( STEM ) skills. IMPO Executive Editor, Anna Wells provides insights into the complicated issue in her article “Why The Manufacturing Skills Gap Is Serious”.

article thumbnail

What manufacturers need to know about IIoT

SYSPRO Smarter ERP

In manufacturing, the Internet of Things (IoT) is the technology that will allow companies to purposely instrument their equipment and products to collect data and then use it to improve, experiment and develop value. IIoT refers to the usage in areas such as manufacturing plants and supply chains. Manufacturing efficiency.

article thumbnail

5 Reasons Why The Use of the IIoT by Manufacturers Is Unavoidable

GlobalTranz

The Industrial Internet of Things ( IIoT ) has been a major topic among manufacturers and third-party logistics providers ( 3PLs ) for several years. However, the IIoT is beginning to encroach on all aspect of manufacturing and supply chain management for its wide-ranging deployment and application to improving processes. In the U.S.,