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


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. This estimate is according to responses provided by 83 percent of the manufacturing executives who participated in a survey conducted as part of an industry study by the Manufacturing Institute and Deloitte Consulting LLP. capacity to keep pace with needs of manufacturing.

Made in China 2025 Promises a Manufacturing Revolution


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.

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Imagine the Supply Chain of 2025


The theme of the event was to imagine the Supply Chain of 2025. He specifically mentioned the example of re-shoring of manufacturing. By 2025: Supply Chains will learn as we sleep. And then every table generated some suggestions on what the supply chain of 2025 will look like. Yet others saw more automation and integration as key changes that will occur between now and 2025. What are your thoughts on what the supply chain of 2025 will look like?

How Blockchain Can Improve Manufacturing In 2019


The business value-add of blockchain will grow to slightly more than $176B by 2025, then exceed $3.1T By 2023, 30% of manufacturing companies with more than $5B in revenue will have implemented Industry 4.0 Blockchain’s greatest potential to deliver business value is in manufacturing.

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


The Industrial Internet of Things ( IIoT ) has been a major topic among manufacturers and third-party logistics providers ( 3PLs ) for several years. The IIoT by Manufacturers Is Extremely Valuable. trillion by 2025 as well.

6 Manufacturing Trends to Watch Out for in 2016


As we close the year of 2015, we want to take a look at some manufacturing trends for 2016. We look at 6 core areas that manufacturing companies will take a long look at as they gear up for a successful 2016. E-Commerce for Manufacturing. Manufacturing manufacturing trends

The Expanding Use of E-Commerce for Manufacturing Companies


How the Internet has transformed the manufacturing and order fulfillment process is no small secret. Manufacturing and shipping process have historically focused on producing a product, sending it to the store, and having a consumer purchase the product.

[INFOGRAPHIC] Digital Disruption: Closing the Connectivity Gap in Manufacturing with Digital Operations


A global marketplace is emerging that represents a huge opportunity for manufacturing. But the market is segmented, demanding specialization that will be tough for traditional manufacturers to handle. Closing the Connectivity Gap in Manufacturing with Digital Operations.

4 Big Benefits for the Use & Implementation of Predictive Analytics In Manufacturing


The predictive analytics of the past are becoming more apt and intellectual, powering a new age in manufacturing. Furthermore, the Industrial Internet of Things ( IIoT ) will climb to more than 25 billion devices by 2025. Analytic models have been used for ages in manufacturing.

4 Infographics Showing How Technology Is Transforming Global Manufacturing & Supply Chain


This year looks like it's going to be one of the most innovative years for manufacturing technology. Purchasing and supply executives predict that the global manufacturing industry will continue to expand. and Chinese manufacturers. manufacturers.

The Future is Now: Why these 5 Advanced Manufacturing Technologies Trends will Dominate 2018


Over the next two years, manufacturers are set to invest more than $250 billion in the Industrial Internet of Things (IIoT), and the use of technology to improve manufacturing will only increase. It is almost impossible to define the exact amount manufacturers will invest in technologies over the coming year, but they are moving toward more sustainable, cost-effective practices. in manufacturing, supply chain, logistics, and transportation management.

Projected trends for manufacturing in China by 2025


Driven by the “Made in China 2025” mandate, manufacturing in China is set to undergo a massive transformation in the coming years and these 9 tasks have been identified as key priorities: Improving manufacturing innovation. Enforcing green manufacturing.

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How Do We Know National Network for Manufacturing Innovation is Working? Because China is Copying It.


In this post, Adam discusses the National Network for Manufacturing Innovation or NNMI and how it relates to the Made in China 2025 initiative. . China’s new manufacturing policy roadmap, unveiled in 2015 and called Made in China 2025, includes numerous policy initiatives designed to create an advantage for China in 10 key advanced-technology industries. In addition, Made in China 2025 contains provisions for creating 40 Manufacturing Innovation Centers by 2025.

What is the Hyperconnected Era & “The Internet Of Things” and What does it Have to Do with Manufacturing & Logistics?


Editor’s Note: This is our second post in a collaborative blog post series about mobility in manufacturing & logistics along with Catavolt, who helps manufacturing organizations drive operational excellence with mobile apps.

Future Engineering and Manufacturing Supply Chains

SCM Research

According to a new DHL white paper, titled Engineering & Manufacturing 2025+ – Building the World , the Engineering & Manufacturing (E&M) sector is on the brink of change. The E&M sector is expected to transform over the next 10 to 15 years by responding to this change with intelligent and sustainable manufacturing as well as new business and collaboration models.

America’s Manufacturing Future: Hope or Hype?

Enterra Insights

In the United States, growing nationalist and protectionist sentiment rests on the hope manufacturing (and associated jobs) will return from overseas. He writes, “In building a case for an American manufacturing renaissance, economists cite increasing productivity, cheap natural gas, and rising value-added figures to show that manufacturing is in good shape and will get better. manufacturing jobs since 2010 are evidence of a big turnaround in manufacturing.

Manufacturing and Machine Learning

Enterra Insights

Manufacturing remains an important part of any national economy — even as the service sector plays an increasingly important role in advanced economies. The loss of manufacturing jobs is part of the phenomenon that spurred the rise of political populism; however, there is near unanimity among analysts that manufacturing has changed forever. People longing for the return of blue collar, factory floor manufacturing jobs will ultimately be disappointed.

U.S. Manufacturing Activity Continues to Grow

Supply Chain Nation

manufacturing activity in May, how advancements in artificial intelligence are shifting the balance of power in technology, and the role of corporate social responsibility in supply chain management. . manufacturing activity gains ground. manufacturing activity expanded and hiring increased in May. The article also delves into other approaches to CSR, such as reusing and recycling raw material, and providing programs to plug the manufacturing skills gap.

Skills Gap: Why It’s Creating New Manufacturing Opportunities


The manufacturing industry of a country is directly proportional to its gross domestic product (GDP). every dollar spent on manufacturing adds $1.32 manufacturing industry faces a serious crisis, the skills gap. million manufacturing workers are expected to retire as well. Unfortunately, the skills gap only appears to be growing worse, but it is creating several groundbreaking manufacturing opportunities. . Manufacturers Can Re-evaluate Factory Processes. .

How Have Robotics & Automation Changed the Manufacturing Employment Landscape?


a provider of integrated material handling and storage systems for industrial operations, is the first post in which we will have a few blog posts on robotics, jobs, and how millennials figure into the future of manufacturing. Robotics & Automation in the Manufacturing Employment Landscape. Bureau of Labor Statistics (BLS), manufacturing employment has changed very little in recent months. But what does this mean for manufacturing employment?

The Ultimate Guide to Manufacturing Software


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? Manufacturing Execution System.

5 Facts About American Manufacturing & 3 Reasons to Work In Manufacturing


They are a great company and very representative of the pride of American Manufacturing. We are featuring two of their quick blog posts below that are relevant to the state of American Manufacturing today: the real facts about the industry and why someone should work in manufacturing. Manufacturers Can Thrive Against All Comers." manufacturing has been stark and recited relentlessly. manufacturing is not dead or even moribund. Manufacturers in the U.S.

Here’s Why Image of Manufacturing as Boring, Dirty, and Tedious is Drastically Changing


Picture of traditional job in manufacturing. Each setting is an accurate image of manufacturing from different time periods in history, the past and the present. What’s Driving the Change in the Image of Manufacturing? Manufacturers Will Open Their Doors, Literally.

Retailers, Shippers, Manufacturers to Reduce Fashion Supply Chain Emissions

Material Handling & Logistics

Industry suppliers will reduce greenhouse gas emissions by 30% by 2030 and will phase out coal-fired boilers in their own companies and direct suppliers from 2025.

Six Ways Warehouse Inventory Management Software Optimizes Efficiency


between 2017 and 2025 with the global market reaching $4.6B by the end of 2025. . Warehouse Inventory Management Software is seeing increased adoption as manufacturers expand globally through mergers, acquisitions, and regionally-focused manufacturing strategies.

Driver Shortage in Trucking: Time for Plan B

Talking Logistics

Just as significant as the headline figures, Mr. Maki said, is that June’s hiring was broad-based, as industries as varied as health care, manufacturing, financial services and retailing all added workers. Last week, Daimler was the latest manufacturer to showcase its self-driving truck , the Mercedes-Benz Future Truck 2025. Transportation Management driver shortage driverless trucks Mercedes-Benz Future Truck 2025 self-driving trucks transportation trucking Wolfe Research

10 Ideas for More Efficient & Productive Warehouse Operations


million robots are expected to be deployed across manufacturing facilities in the U.S. by the year 2025. Not only can robotic automation help manufacturers achieve greater warehouse productivity, but it can also drive significant cost savings as compared to employing workers. Implement Lean Manufacturing. Manufacturing Warehouse warehouse operations According to the U.S.

3 Ways to Put Big Data to Work in Your Factory


trillion in economic value in the global manufacturing sector by 2025. They also predicted that 80 to 100% of manufacturers will have implemented IIoT applications by then and already be reaping the benefits of data-driven insights into their operations.

3D printing and sustainability: less waste and carbon emissions from miles travelled


Can new technologies like additive manufacturing (also known as 3D printing) help OEMs achieve this goal? An ambitious 2014 study found that 3D printing could reduce the CO2 emission intensities of industrial manufacturing by up to 5% by 2025.

AR/VR Industrial Applications That Are Reshaping Our Efficiency

DELMIA Quintiq

There are many companies that are already developing VR/AR-related services, and the truth is that the global industry is only growing, expected to hit over $800 billion by 2025. AR Manufacturing Technology VR

How Much is China's Market Crash Changing Manufacturing?


Chinese manufacturers are responding to the suffering economy, shaking up the country's global imports and hurting developing economies. Its ongoing market troubles signal an approaching shift in the way we manufacture high-tech goods. Here’s the status of manufacturing amidst China’s market woes: Raw materials imports have shrunk. Manufacturers are becoming more hesitant to invest in automation and factory improvements while volatile economic conditions persist.

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Bottles, Barrels and the Business of Beverage Distribution

Logistics Bureau

Estimated at US $1,439 billion in 2017, the global alcoholic beverages market is forecast to grow to $1,684 billion by 2025 (2% CAGR) 1. Beverage manufacturers and distributors with different possibilities for bringing drinks to market can choose the one that is most advantageous.

Supply Chain Management Challenges All Businesses Need to Understand

USC Consulting Group

Today, there are an estimated 4,000 robotic warehouses in existence worldwide, according to analysts from ABI Research, who estimated that number will increase to 50,000 by 2025 due to an influx of more than 4 million RPA units.

It's All About the Customer Experience

Oracle SCM

The Internet of Things (IoT) is expected to reach 50 billion endpoints by 2025. Manufacturing big chain cloud data iot management manufacturing supplyLast week I attended the annual Gartner Supply Chain Executive Conference, which took place in Scottsdale, Arizona.

Supply Chain Artificial Intelligence Offers Wisdom to Supply Chain Management


Alexa.please tell Baxter the Robot to machine this part." - This may be coming to a manufacturing floor or supply chain soon! Preliminary estimates of the value and investment in artificial intelligence by 2025 range from $5 trillion to $7 trillion.

Bitcoin Could End Up Using More Power Than Electric Cars

Supply Chain Brain

That’s more than expected power demand from electric vehicles in 2025. “If Global Supply Chain Management Sustainability Chemicals & Energy Home Page Latest News Home Page Slider News High-Tech/Electronics Industrial ManufacturingMiners of bitcoin and other cryptocurrencies could require up to 140 terawatt-hours of electricity in 2018, about 0.6 percent of the global total, Morgan Stanley analysts led by Nicholas Ashworth wrote in a note last week.

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Healthcare: A Call For Action

Supply Chain Shaman

By 2025, the projection is 19.9%. It is 30X more manual effort than in manufacturing-based supply chains. I remember the days of when I first ran a warehouse for a manufacturing company. In 1960, when I was in the first grade, healthcare spending was 5% of the US economy.