Supply Chain Crystal Ball Gazing: Let’s Look Ahead to 2028

Logistics Bureau

So I’ve decided to indulge my craving by daring to speculate about what the supply chain of 2028 might look like. Instead I’m just drawing on my consulting experience, a little research, and perhaps a tiny bit of imagination to surmise what we might see if we could gaze into a fully functioning crystal ball and view the supply chain environment of 2028. The supply chain talent gap will not be a concern in the supply chain of 2028.

Four Common Challenges Facing The Manufacturing Industry In 2019

IQMS

The manufacturing industry continues to show strong resiliency, shaking off global trade uncertainty, finding ingenious workarounds to its labor crisis, while still innovating new products using design-to-manufacture workflows. 76% of all manufacturers prioritize improving shop floor productivity as their most valuable growth strategy, 1.4 The manufacturing skills gap could potentially leave an estimated 2.4 Every direct manufacturing job creates an additional 2.5

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2018 Was Record Year for Manufacturers' Optimism

Material Handling and Logistics

“Empowered by tax reform and regulatory certainty, manufacturers are keeping our promise to expand our operations, hire new workers and raise wages and benefits,” said NAM CEO Jay Timmons. In the 20 years that The National Association of Manufacturers (NAM) has been measuring the sentiments of the manufacturing sector, 2018 stood out. of manufacturers surveyed reported a positive outlook for their companies, according to the group’s.

Circular Supply Chain: the Politics of Pollution

DynaSys

Why do manufacturers need to transform their operations to a circular model? Historically the reasons for manufacturers to engage in any sustainability initiatives were mainly regulatory or social. It is debatable how much brand damage such audits wreak; however, no consumer goods manufacturer wants their logo showcased in a viral social media post about an enormous plastic island floating in the Pacific Ocean.

Understanding the Challenges Facing Aerospace and Defense Manufacturing Firms

USC Consulting Group

That success is expected to continue over the next decade, as the industry expands apace to surpass the $8 trillion mark by 2028, per analysts for Boeing. However, aerospace and defense firms — particularly those within the manufacturing niche — face a number of serious challenges that require immediate attention and could derail industry-wide progress if left unaddressed. Its sudden arrival has economists spooked — and so do falling retail sales and manufacturing production rates.

Trends 2019: Business Technology

Enterra Insights

Additive Manufacturing (aka 3D Printing). Combined with AI, IoT and machine learning, 3D has become a game changer [in the fields of] architecture, engineering, construction, manufacturing, media, and entertainment.”[6]. But … people shouldn’t buy into all of the hype, because there is a real problem with things such as decoherence, and it won’t be until between 2023 to 2028 that quantum computing begins to create meaningful work.”.

Trends 126

Labor Day 2019

Enterra Insights

”[1] The National Association of Manufacturers President and CEO, Jay Timmons ( @JayTimmonsNAM ), notes, “Manufacturers face a workforce crisis with more than half a million unfilled manufacturing jobs today and 2.4 million jobs that may go unfilled by 2028. But manufacturers are also problem solvers and committed to being part of the solution. This is manufacturers demonstrating that we are keeping our promise to invest in our people.

White House Details 5-year STEM Education Strategy

Enterra Insights

The Trump administration has emphasized bringing manufacturing back to the United States. Adrienne Selko ( @ASelkoIW ), Senior Editor of IndustryWeek , reports, “Deloitte and the Manufacturing Institute issued a report, 2018 Skills Gap Study , showing that 2.4 economy, the study showed that it could jeopardize $454 billion of economic output in 2028 or more than $2.5 The manufacturing sector has changed as much any economic sector.