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6 Manufacturing Trends You Need to Know

Arena Solutions

The global cobot market size is estimated to be worth $866 million in 2022 and is forecasted to a readjusted size of $1682 million by 2028. Manufacturers are leveraging big data to provide them with a comprehensive picture of their business thanks to the ability to acquire information from an ever-increasing variety of sources.

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2020 Challenges and Solutions for HVAC Distributors

EazyStock

The HVAC industry is already highly competitive and is predicted to grow 13% through 2028. To meet this demand, suppliers and distributors need to prepare months in advance – even years in advance, in the case of units and devices to meet future regulations. Seasonal item profile in EazyStock. Complete Inventory Overview.

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FedEx’s Ongoing Business Restructuring Becoming Clearer as to Implications

Supply Chain Matters

FedEx employees often cite the company’s longstanding “ blue promise ” namely that the carrier must strive to meet customer commitments first and foremost. At stake is renewal of a five-year contract that will extend to 2028 and reportedly, a key focus for upcoming talks are a two-tiered wage system involving part-time and weekend workers.

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Supply Chain Matters News Capsule Follow-Up

Supply Chain Matters

The move will reportedly increase existing hourly wage rates 25 percent by 2028. Hyundai Motor America announced this week that the automaker will raise certain U.S. production worker hourly wages starting in January 2024. The hikes are specifically aimed for production workers at the automaker’s U.S.

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Why Energy Supply Chains are Transitioning to Renewables

Requis

Despite the persistance of some strong fundamentals , 2020 may signal the true turning point in the shift to renewable sources for energy companies. This is not an isolated phenomenon: Norway has been divesting a number of funds of oil and gas investments, especially from high-carbon emission sources like Canadian oil sands.

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Navigating CSRD Regulation: What Procurement, Supply Chain, and Finance Leaders Need to Know

ivalua

Source Implications for Organizations Expanded Reporting Requirements: Under the CSRD, a broader range of companies will be obligated to report non-financial and sustainability information. CSRD requires Scope 3 reporting , depending on company size, with a gradual rollout between 2024 and 2028. supply chain)- or affect your business.

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Alternative Protein: A Food Manufacturers Guide [+ Case Study]

Unleashed

6 types of alternative protein food manufacturers are producing Many different alternative proteins are being developed to meet growing demand: 1. Insect protein Insects are a highly nutritious, dense source of protein. billion by 2028, as more consumers turn to vegetarian and vegan diets.