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The CHIPS and Science Act of 2022: What It Means for the Future of Manufacturing

ivalua

US Government Passes the CHIPS Act to Increase Semiconductor Manufacturing and Research. The CHIPS Act was created in response to pandemic-induced shortages of semiconductors and other critical manufacturing supplies, causing widespread disruption to supply chains across the country. . Part A: Manufacturing in the U.S.

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August 2022 Global Manufacturing Indices- Declining Momentum Accelerating

Supply Chain Matters

Supply Chain Matters provides our commentary and perspectives on published monthly global manufacturing PMI and supply chain activity indices. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. The August S&P Global US Manufacturing PMI™ again fell to a two-year low of 51.5, The August 2022 J.P.

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September and Q3 2022 Global Manufacturing Indices Enter Contraction Trending

Supply Chain Matters

Supply Chain Matters provides our monthly highlights commentary and perspectives on published monthly global manufacturing PMI and supply chain activity indices. Now, with September and full Q3 reporting available, global manufacturing activity has officially fallen below the 50.0 Global Wide Production Activity. represented a 0.5

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Emerging Supply Chain Trends – A Look at Evolving Finished Vehicle Logistics Amid Market Shifts and Trends

The Logistics & Supply Chain Management Society

Major Trends: Volatile Production, Capacity Crisis & The Need for EV Automotive manufacturing is experiencing a huge global transformation compared to the past. 2022 was characterized by scarce transportation capacity and exceptionally high shipping container rates in first half of the year.

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Breaking Industry Supply Chain News from Tesla

Supply Chain Matters

Supply Chain Matters highlights a breaking news development involving Tesla’s existing Nevada based Gigafactory that will be of interest to Automotive EV manufacturers and their supply networks. Tesla Announces Added Investment in Gigafactory Nevada Electric auto maker Tesla has announced a reported $3.6 More to come. All rights reserved.

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Build Resilient Supply Chains That Weather Disruptions 

Logility

Manufacturers and shipping companies assumed that because of layoffs, demand would drop. It’s been a whirlwind, as manufacturers have been left scratching their heads about what’s going to happen next. For example, COVID restrictions in Asia shut down auto production because 70% of chip manufacturing happens in Taiwan and South Korea.

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TSMC Plans for First European Based Semiconductor Chip Plant

Supply Chain Matters

South Korea recently announced plans to foster the globe’s largest concentration of semiconductor supply network capabilities over the coming two decades. The planned facility is expected to have a monthly production capacity of 40,000 300mm (12-inch) wafers and create upwards of 2,000 direct high-tech professional jobs.