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Drugmakers rode out Hurricane Maria in PuertoRico, but keeping plants running while the devastated island picks up the pieces is likely to be tougher. The industry accounts for roughly a quarter of the island’s gross domestic product, with more than 70 medical-device manufacturing operations and 49 U.S. Boston Scientific Inc.,
Editor's Note: This is a blog and infographic from The National Institute of Standards and Technology’s Hollings Manufacturing Extension Partnership (MEP). manufacturers to help the>m create and retain jobs, increase profits, and save time and money. Alexander Hamilton: The First Government Expert & Champion on Manufacturing.
Sudden growth in the stock market means increases in manufacturing and commerce across the country, and as a result, shippers will have more product to move. Increased Market Stamina Contributes to Capacity Crunch Factors. The stock market also plays a role in contributing to a capacity crunch.
For example, an analysis carried out by AIR on the potential impact of Hurricane Harvey on regional manufacturing found that, based on percentage of the total potential revenue loss, the top three subsectors are petroleum and coal products manufacturing (37%), chemical manufacturing (13%), and oil and gas extraction (12%).
PuertoRico and the islands, unfortunately, were not so fortuitous. That particular plant was responsible for producing a majority of a type of resin necessary for auto manufacturing. She is a regular contributor to Manufacturing Transformation and American Machinist. Megan is also the editor of Schooled By Science.
PuertoRico Aid. One of the year's most devastating failures in supply chain planning happened in PuertoRico after catastrophic Hurricane Maria. The biggest impediment to PuertoRico's supply chain was a lack of available diesel fuel. Or, are you following ethical sourcing and manufacturing methods?
To highlight his point, Thornley shared this example: The API was manufactured in China, granulation was performed in PuertoRico, and then packaging was performed in Netherlands. Francois talked about how cell and gene therapies are personalizing medicine, putting individual patients at the center of the supply network.
There are FTZs in all 50 states and PuertoRico. Almost any merchandise can be manufactured in an FTZ with a few exceptions. Some exceptions include the manufacture of alcoholic beverages, firearms, tobacco products and sugar. FTZs are similar to its global counterparts, Free Trade Zones.
A shortage of pharmaceuticals in PuertoRico. I also worked in manufacturing during the period of 1978-1992 trying to plan demand. Most demand planning happens in Excel Ghettos not in the expensive technologies implemented in 90% of manufacturing companies. Shifting demand and rising prices for cotton and orange juice.
The manufacturing sector is in the midst of a period of great change. JDA’s Manufacturing Pulse report examining consumer industries has revealed that in the last 12 months, more than two-fifths (42%) of European adults have bought goods directly from a manufacturer. Manufacturing Pulse Report 2016. PuertoRico.
Prior to joining Synovos, he served as the North America sales engineer for a global pharmaceutical equipment manufacturer. Our MRO solutions enable companies, manufacturers, large institutions and others to streamline MRO / indirect materials management, while improving overall maintenance effectiveness and equipment reliability.
Previously, Daly served as director of sales for a global technical textile manufacturer where he contributed to the company’s 10% growth and helped launch new products to the market. Synovos provides services globally with locations in PuertoRico, Canada, Mexico, Singapore and Europe. Based in the U.S.,
3, 2019 – Thomas Cummins, former Global Head of Manufacturing Goods and Services Procurement for Teva Pharmaceuticals, has been named Senior Direct of Global Procurement for Synovos, the leading independent integrated supply chain management company in North America. RADNOR, Pa. – Based in the U.S.,
Businesses from car manufacturers to food and beverage companies stepped up in support of Hurricane Florence victims. World Central Kitchen, which provided meals after the devastation in PuertoRico last year, pitched in with fresh food for storm victims. How did businesses give back this hurricane season?
Following the devastation caused by Hurricane Maria in PuertoRico, drug manufacturing plants were faced with production delays, fueling nationwide shortages of basic medicines. Case Studies. Hurricane Maria Disrupts the Pharma Industry.
The Netherlands secured first place based on the results from the large-scale survey among logistics decision-makers within manufacturing and retail companies in Germany. PuertoRico. Northern Mariana Islands. Palestinian Territory, Occupied. Papua New Guinea. Philippines. Russian Federation. Saint Helena. Saint Kitts and Nevis.
The benefits of the Self-Learning Supply Chain in manufacturing. PuertoRico. Learn more about: How data, advanced analytics and optimization technology combine to give your company the adaptability it needs in challenging markets. How pricing can be used as a lever for profit. Get your copy of the whitepaper now. >>Please
PuertoRico. Because companies are increasingly outsourcing their manufacturing and logistics activities around the world, they are also more exposed to disruptions in the supply chain. Northern Mariana Islands. Palestinian Territory, Occupied. Papua New Guinea. Philippines. Russian Federation. Saint Helena. Saint Lucia.
In addition to being responsible for manufacturing and logistics, a CSCO also has to ensure alignment with internal departments such as Sales and Marketing, and with external partners such as customers and suppliers. PuertoRico. Life’s as a chief supply chain officer (CSCO) is not always easy. Northern Mariana Islands.
Industrial manufacturers have noticeably lower representation than other sectors. PuertoRico. It also identifies practices that are increasing the engagement with and success of women in supply chain organizations. Key Findings. ■ The percentage of women in leadership positions decreases as the corporate ladder rises.
Our MRO solutions enable companies, manufacturers, large institutions and others to streamline MRO / indirect materials management, while improving overall maintenance effectiveness and equipment reliability. Synovos provides services globally with locations in PuertoRico, Canada, Mexico, Singapore and Europe. Based in the U.S.,
Our MRO solutions enable companies, manufacturers, large institutions and others to streamline MRO / indirect materials management, while improving overall maintenance effectiveness and equipment reliability. Synovos provides services globally with locations in PuertoRico, Canada, Mexico, Singapore and Europe. Based in the U.S.,
During the quarter, SaaS subscription and/or software license agreements were signed with customers located in the following 9 countries/territories: Brazil, Canada, France, Mexico, Netherlands, PuertoRico, Sweden, United Kingdom, and United States. Logility, Inc., and Demand Management, Inc.,
Every manufacturer struggles with the MRO supply chain, but it doesn’t have to be that way,” said Susan Eckel, Senior Vice President of Sales and Marketing for Synovos. Synovos provides services globally with locations in PuertoRico, Canada, Mexico, Europe and Singapore. Based in the U.S.,
Every manufacturer struggles with the MRO supply chain, but it doesn’t have to be that way,” said Susan Eckel, Senior Vice President of Sales and Marketing for Synovos. Synovos provides services globally with locations in PuertoRico, Canada, Mexico, Europe and Singapore. Based in the U.S.,
Industrial manufacturers have noticeably lower representation than other sectors. PuertoRico. It also identifies practices that are increasing the engagement with and success of women in supply chain organizations. Key Findings. ■ The percentage of women in leadership positions decreases as the corporate ladder rises.
Take this example: when category 5 Hurricane Maria was approaching PuertoRico in 2017, suppliers and critical FDA-regulated materials were threatened. million worth of IV bag inventory (at the time PuertoRico was the sole source of these bags for the majority of US-based healthcare providers).
Whether one of the world’s leading pharmaceutical manufacturing companies, a producer of Greek yogurt, or an aerospace company, there is always a focus on maintaining production up-time and improving profitability. Synovos provides services globally with locations in PuertoRico, Canada, Mexico and Singapore. Based in the U.S.,
PuertoRico. In this fast-paced world, where there is also increasing pressure to reduce the carbon footprint, global fashion and luxury goods manufacturers have to redesign their go-to-market strategy to meet demand in a cost-efficient and sustainable way: Plan. Northern Mariana Islands. Palestinian Territory, Occupied.
These developments impact Original Equipment Manufacturers, both at strategic level and at operational level within their supply chains. PuertoRico. And Manufacturing needs to be agile to keep up with rapid changes in the market. Northern Mariana Islands. Palestinian Territory, Occupied. Papua New Guinea. Philippines.
The British company is owner of Unitymedia KabelBW (Germany), UPC (The Netherlands, Republic of Ireland, Poland, Czech Republic, Slovakia, Switzerland, Austria, Hungary and Romania), VTR (Chile) and Liberty (PuertoRico). because there are only three major companies left who manufacturer such chipsets.”.
The storm is expected to reach PuertoRico on Friday morning with winds up to 73 mph. Hurricane Florence’s path may affect over 4,000 manufacturing and distribution facilities in the Carolinas and Georgia, potentially impacting suppliers to multiple sectors.
PuertoRico. The supply chain solutions for the 24-hour economy lie primarily in a flexible IT platform which enables the various internal software applications, such as for manufacturing execution, warehouse management and transport planning, to be connected to external systems such as for customs handling. Papua New Guinea.
Manufacturers and retailers welcome the ongoing consolidation in the fragmented logistics industry. PuertoRico. Manufacturers and retailers had a generally positive outlook on the prospect of consolidation. Fourth release of 3PL Subway Map Europe. Northern Mariana Islands. Palestinian Territory, Occupied. Philippines.
Manufacturers and retailers welcome the ongoing consolidation in the fragmented logistics industry. PuertoRico. Manufacturers and retailers had a generally positive outlook on the prospect of consolidation. Fourth release of 3PL Subway Map Europe. Northern Mariana Islands. Palestinian Territory, Occupied. Philippines.
In March 2020, Real Estate Investor/Tax Analyst Carlos Colon (a Philadelphia native, raised in PuertoRico) decided to bring an idea of his to life; one which was building in his heart for a long period of time. What is your Strategy? ThankX article and permission to publish here provided by Bruce Leto Jr.
Following the devastation caused by Hurricane Maria in PuertoRico, drug manufacturing plants were faced with production delays, fueling nationwide shortages of basic medicines. Case Studies. Hurricane Maria Disrupts the Pharma Industry.
The storm is expected to reach PuertoRico on Friday morning with winds up to 73 mph. Hurricane Florence’s path may affect over 4,000 manufacturing and distribution facilities in the Carolinas and Georgia, potentially impacting suppliers to multiple sectors.
The logos illustrate the manufacturers’ choices about whether or not to produce close to their sales markets. PuertoRico. Despite this expectation, the Blue Banana will continue to be Europe’s most important sales market. Production and distribution. Northern Mariana Islands. Palestinian Territory, Occupied. Papua New Guinea.
Case in point, when Hurricane Maria destroyed PuertoRico – the home of many manufacturers for American medical supplies – hospitals suffered a shortage of IV saline bags. The disaster created an unprecedented shortage of this critical yet basic staple of healthcare, as the majority of hospital patients are given a saline IV.
As we have stated in several manufacturing posts , manufacturing is an industry that pulls at a lot of the heart strings of Americans. It defined a generation, was the identity of Americans, and continues to have politicians take up the “Manufacturing” cause time and time again (especially as we near election times).
Diverting resources to fix Model 3 bottlenecks & increase battery production for PuertoRico & other affected areas. Many major truck manufacturers are now investing in electric rigs, with one projection having them reaching a 25% market share by 2025. — Elon Musk (@elonmusk) October 6, 2017.
Businesses from car manufacturers to food and beverage companies stepped up in support of Hurricane Florence victims. World Central Kitchen, which provided meals after the devastation in PuertoRico last year, pitched in with fresh food for storm victims. How did businesses give back this hurricane season?
The stability in trucking, the decline in rail intermodal, and the decline in the overall Freight TSI were consistent with a slight decline in manufacturing output, and a larger decline in housing that took place in April. . Speaking of transportation, the Freight TSI Index fell 1.2 percent in April from March.
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