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

ivalua

The Act is broken down into two divisions: Part A: Domestic Manufacturing of Semiconductor Chips and Part B: Research and Innovation to drive the future agenda and address gaps in semiconductor R&D infrastructure and security. 2022) Source. The CHIPS Act is expected to have significant positive impacts on the United States economy.

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America Needs a Tune-up for Its Innovation Engine

Enterra Insights

For a century or more, the United States has been known as one of the most innovative countries on Earth. ”[1] Many pundits now believe America’s innovation engine is sputtering and is in need of tune-up. ”[3] China is trying to do just that, while the American innovation engine sputters.

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Happy Groundhog Day

Supply Chain Shaman

As shown in Figure 1, there are many types of networks: industry-focused networks, functionally focused networks (like sourcing and logistics) and specialized networks for discovery (marketplaces), product serialization, open innovation. Decline in Innovation Due to M&A. Technology Evolution. So, happy Groundhog day!

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Why is Traceability in the Food & Beverage Industry Such a Hot Topic Right Now?

Logility

These laws ultimately led to the creation of the Food and Drug Administration and the United States Department of Agriculture’s Food Safety Inspection Service. The politician: Theodore Roosevelt, President of the United States. The writer and book: Upton Sinclair, The Jungle. The beverage: Coca-Cola®.

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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. By creating greater transparency throughout food supply chains, manufacturers can identify where the wastage happens and solve the problem at the source.

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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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EC Sourcing Group ranks as a ‘Value’ & ‘Customer’ Leader in Latest eSourcing Benchmarking Study

EC Sourcing Group

EC Sourcing Group ranks as a ‘Value’ & ‘Customer’ Leader in Latest eSourcing Benchmarking Study. Spend Matters’ newly released Fall 2021 SolutionMap report names EC Sourcing Group a Customer & Value Leader across multiple organization types.