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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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Happy Groundhog Day

Supply Chain Shaman

It is time to bring Manufacturers, Retailers, and Distributors together with Technology Providers in order to better understand the issues and generate ideas to help build the “network of networks.” Brand owner to contract manufacturer or third-party logistics provider to a retailer.) Decline in Innovation Due to M&A.

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Food Waste is a Big Problem That Can be Solved

DELMIA Quintiq

Source: [link]. The United States, for example, wastes about 40% of their food , amounting to about 125 to 160 billion pounds—much of which is perfectly edible. With the right solution and strategy, food manufacturers have the potential to create a major impact in reducing the scale of our global food waste crisis.

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New Balance Has Plans for Added U.S. Manufacturing

Supply Chain Matters

Athletic and leisure footwear manufacturer New Balance has advanced plans to build the company’s sixth footwear manufacturing facility within the United States. The announcement indicates: “ New Balance is proactively working to innovate and expand its domestic supplier network for its MADE U.S.

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Best-Cost vs. Least-Cost Sourcing

Talking Logistics

The “reshoring” of manufacturing operations from China and elsewhere to the United States continues to make headlines. A month later, Walmart announced that it will increase its sourcing of US products by $50 billion over the next 10 years. One is the thought process around best-cost sourcing versus least-cost sourcing.

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Why Sustainability is Becoming Critical for Manufacturers in 2024

OptiProERP

In an era where environmental concerns are taking center stage, sustainability has emerged as a critical driver of success for manufacturers, big and small. Governments, consumers, and stakeholders increasingly prioritize sustainable practices, urging manufacturers to reevaluate their operations.

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Trends 2019: Manufacturing

Enterra Insights

Nevertheless, over the past few years there have been some significant changes in the manufacturing sector, including the maturation of additive manufacturing and the emergence of the Internet of Things (often referred to as the Industrial Internet of Things (IIoT)). Manufacturing trends. ”[1] Those arguments still hold.