UK manufacturers prioritise cyber risks and a digital future post pandemic says PwC COO Survey

Manufacturing & Logistics IT

Managing cyber security risks, workforce changes and growing demands for supply chain security and sustainability are the standout priorities for UK manufacturers over the next two years according to PwC’s latest COO pulse survey

Securing sensitive manufacturing data

IT Supply Chain

The post Securing sensitive manufacturing data appeared first on IT Supply Chain. By Neil Ballinger (pictured). Head of EMEA, EU Automation. Industry Talk

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Small Manufacturers Play Critical Role in Securing the Supply Chain

Material Handling and Logistics

While 75% of manufacturing companies have a program to promote cybersecurity awareness, only 37% believe that their programs are very to completely effective. Though the manufacturing sector does not attract the sheer volume of total cyberattacks as other areas of the economy, research has shown that coordinated cyber espionage targets manufacturing more than any other sector. manufacturing firms have fewer than 20 employees and 98% have fewer than 500.

Ways to Secure Your Digital Future

SYSPRO Smarter ERP

For most manufacturers, supply chain disruptions highlighted the need for increased connectivity and improved engagement with both suppliers and customers. The post Ways to Secure Your Digital Future appeared first on SYSPRO US. All Industries Distribution Manufacturing

What Is Lean Manufacturing

The Supply Chain Journal

Time, resources, man-hours, supplies, and capacity are just some of the critical areas where an approach known as lean manufacturing is vital. To fully embrace streamlined and sustainable manufacturing within the supply chain network is essential for freight payment and order fulfillment.

Lean 52

Packaging Manufacturing Predictions Post-Pandemic

QAD

Here’s how packaging manufacturing has evolved during the pandemic. The level of complexity in packaging manufacturing has increased rapidly, and in order to manage it, so has the wider use of digital technology. Manufacturers will also mount a greater effort to manage risk.

Why The Defense Production Act Is A Growth Catalyst For Manufacturers

IQMS

The high demand in these areas will spur growth for manufacturers already producing parts, products and packaging to support the federal government’s COVID-19 response. As a result, many manufacturing firms have been able to avoid high, unpredictable expenses of a product recall.

The Remedy for Inefficiencies in Contract Manufacturing

QAD

Our health care industry depends on the pharmaceutical and medical device industries, and they, in turn, depend on contract manufacturing organizations (CMOs) for their outsourced manufacturing. Optimized Digital Manufacturing. Contract Manufacturing Supply Chain Continuity.

Manufacturing and Cyber Security: A 5 Step Process to Create Internal and Customers’ Peace of Mind

GlobalTranz

Editor's Note: As we see the transition to digital manufacturing and the use of the cloud and other web-based systems, manufacturing and cyber security continue to collide. Cyber security is rapidly becoming a dominant concern for manufacturers and consumers. According to Andy Szal , the global cyber security market will grow between 20 and 25 percent annually through 2021. When Did Manufacturing and Cyber Security Come Into Focus?

European startups secure over EUR160 million of investment capital

Supply Chain Movement

Over the past couple of years, 53 European logistics-related startups have secured over EUR160 million worth of venture capital between them, according to research by Supply Chain Media, publisher of the Dutch trade journal Supply Chain Magazine and the quarterly pan-European magazine Supply Chain Movement. The vertical axis of the matrix shows the degree of maturity, subdivided into startups and scale-ups (companies that have secured more than EUR2 million in capital).

The Changing Face of Supply Chain Security

Logistics Bureau

Security has been an issue since supply chains began. These and other factors have meant a rethink of supply chain security. Basics of Supply Chain Security. Security is part of a bigger whole. They can affect manufacturing, warehousing and transport. Security to defend these areas against deliberate hostility may have several dimensions. Goods origination, third-party security, foreign customs are examples. Security awareness.

Wanted: Innovative Responses to a New Security Threat

MIT Supply Chain

The recent cyber attacks and security breaches at Target and Home Depot drew executives’ attention to the vulnerability of their companies to this type of crime. In this case, that means challenging the prevailing method for supply chain security in response to the cyber security threat. High-profile breaches such as the ones cited above have spotlighted cyber security, but awareness of the actual risks involved is still relatively limited.

How Can Technology be The Game Changer for Your Manufacturing Business?

GlobalTranz

Coming back to the context of technology, and its significance in helping manufacturing businesses grow, it is to be mentioned that the benefits of adopting the resource are actually productive due to a lot of reasons. From electronic appliances to vending machines, and security systems to commercial environments, this is one technology which has perhaps entered the realm of smart choices and productivity. The Trends that Will Forever Shape Manufacturing in 2018 & Beyond.

Why Digital Manufacturing is Even More Important After the Pandemic

QAD

Manufacturers continue to face potentially indefinite remote work policies, new health screening and safety protocols, unexpected demand swings, potential supply disruptions and more. What is “Digital Manufacturing”? Manufacturing During the Pandemic.

6 Manufacturing Trends to Watch Out for in 2016

GlobalTranz

As we close the year of 2015, we want to take a look at some manufacturing trends for 2016. We look at 6 core areas that manufacturing companies will take a long look at as they gear up for a successful 2016. E-Commerce for Manufacturing. The Internet’s large-scale global penetration has spawned an increasingly large number of technology and web-savvy consumers, creating a huge opportunity for both industrial manufacturers and their end customers.

Trends 191

The Manufacturing Moral of the “Three Little Pigs”

QAD

Revisiting the traditional fairy tale of the “Three Little Pigs” provides insights into the challenges of dated approaches for manufacturing systems. At QAD, we think this story has relevance to manufacturing, but we’re not sure it ends quite like you remember.

4 Key Trends to Watch in Smart Manufacturing and Supply Chain

GlobalTranz

The advancements in 3D printing and 'Additive Manufacturing,' coupled with supply chain efficiencies, could make distributed manufacturing a reality, ushering in the era of smart manufacturing. The Continual Coverage and Now Reality of Smart Manufacturing with 3D Printing. I remember reading an MIT paper on manufacturing technology trends a couple of years ago. It had a fascinating mention of " Additive Manufacturing " (AM) and how it could be a game changer.

A Checklist for a Manufacturing Company Internal Audit!

Supply Chain Game Changer

Cyber Security: The Weakest Link is Your Biggest Risk! Today, manufacturing firms face increasing threats from cybercriminals targeting weaknesses in SCADA (supervisory, control, and data acquisition) systems. Primary Cybersecurity Threats Facing Manufacturing Companies.

Transparency is the first step to securing global supply chains

SupplyShift

Manufacturing industries such as apparel, auto parts and semiconductors have been hit particularly hard as factories shut down in China, followed by other global supply regions. The post Transparency is the first step to securing global supply chains appeared first on SupplyShift.

31 Motivations for Reshoring Manufacturing & Updated Reshoring Stats

GlobalTranz

Many off-shore manufacturers have returned to the U.S., Those changes, along with high costs of transporting materials and finished goods to and from overseas locations, make the value of reshoring likely to become a compelling financial reality for many manufacturers. manufacturers hurried to produce off-shore, believing significant cost reductions and huge profits would follow. 70% of manufacturers indicate that volatile energy costs are a major concern.

Security: A Big Challenge for the Internet of Things

Enterra Insights

With new network security breaches announced every week, people now understand many of the risks associated with cybersecurity. Why security is a big IoT challenge. Each of those myriad networks involves sensor manufacturers, network providers, and analytics platforms. Every single stakeholder involved in an IoT network must be secure or the entire network can be compromised. Addressing the IoT security problem is a huge challenge.

10 Ways Machine Learning Can Improve Manufacturing Today

IQMS

to $2T in supply-chain management and manufacturing. By 2021, 20% of leading manufacturers will rely on embedded intelligence, using AI, IoT, and blockchain applications to automate processes and increase execution times by up to 25% according to IDC. Machine learning improves product quality up to 35% in discrete manufacturing industries, according to Deloitte. to $2 in supply-chain management and manufacturing. 7T value to manufacturers.

5 Reasons Why The Use of the IIoT by Manufacturers Is Unavoidable

GlobalTranz

The Industrial Internet of Things ( IIoT ) has been a major topic among manufacturers and third-party logistics providers ( 3PLs ) for several years. However, the IIoT is beginning to encroach on all aspect of manufacturing and supply chain management for its wide-ranging deployment and application to improving processes. Over 2017, this will become an impossibility as the IIoT by manufacturers moves closer to every aspect of the economy and business operations, and you know why.

Top 10 Manufacturing Trends For 2019

IQMS

Bottom Line: The top 10 manufacturing trends reflect how manufacturers are planning to achieve their goals of revenue growth, operational improvements, digital transformation, and launching new products and services in 2019. Manufacturers who excel at orchestrating analytics, Business Intelligence (BI), quality management and real-time monitoring to improve manufacturing strategies are growing 10% faster than their peers. to manufacturing value added in 2020.

Four Common Challenges Facing The Manufacturing Industry In 2019

IQMS

The manufacturing industry continues to show strong resiliency, shaking off global trade uncertainty, finding ingenious workarounds to its labor crisis, while still innovating new products using design-to-manufacture workflows. 76% of all manufacturers prioritize improving shop floor productivity as their most valuable growth strategy, 1.4 The manufacturing skills gap could potentially leave an estimated 2.4 Every direct manufacturing job creates an additional 2.5

Penetration Testing: Reasons Manufacturers and Businesses Need to Take This Key Network Security Step Now

GlobalTranz

We are all now familiar with the concept of the Internet of Things and if you take the manufacturing industry, for example, many manufacturers are now widely operating in an increasingly connected environment and making the most of the Industrial Internet of Things. There are numerous reasons why any business such as a manufacturer, for instance, would be targeted by hackers. But, it also involves testing non-technical security threats, like social engineering.

Overcoming Safety and Security Challenges in Manufacturing

Dragon Innovation

Despite the common goal of protecting the business, safety and security are somewhat separate problems that require a different approach to solving. Both remain hot topics in manufacturing, especially with respect to risk reduction.

Digital transformation in manufacturing – The accelerators and roadmap for manufacturers

ThroughPut

The relevance of digital transformation in manufacturing. PWC predicts that out of every 2,000 manufacturers, 86% will benefit from cost reductions and revenue gains from their digitization efforts over the next five years. Benefits of digital transformation in manufacturing.

Digital transformation in manufacturing – The accelerators and roadmap for manufacturers

ThroughPut

The relevance of digital transformation in manufacturing. PWC predicts that out of every 2,000 manufacturers, 86% will benefit from cost reductions and revenue gains from their digitization efforts over the next five years. Benefits of digital transformation in manufacturing.

Digital transformation in manufacturing – The accelerators and roadmap for manufacturers

ThroughPut

The relevance of digital transformation in manufacturing. PWC predicts that out of every 2,000 manufacturers, 86% will benefit from cost reductions and revenue gains from their digitization efforts over the next five years. Benefits of digital transformation in manufacturing.

How Blockchain Can Improve Manufacturing In 2019

IQMS

By 2023, 30% of manufacturing companies with more than $5B in revenue will have implemented Industry 4.0 Blockchain’s greatest potential to deliver business value is in manufacturing. Increasing visibility across every area of manufacturing starting with suppliers, strategic sourcing, procurement, and supplier quality to shop floor operations including machine-level monitoring and service, blockchain can enable entirely new manufacturing business models.

What Manufacturing Supply Chains Should Expect in 2021 

Vanguard Software

Throughout 2020, manufacturing supply chains took a hit because of constraints around the COVID-19 pandemic. We expect to see four trends in 2021 as manufacturing supply chains respond to demand and adjust to the new realities of this uncertain time. Local Manufacturing Will Grow.

Manufacturing Needs Smart Machines To Grow

IQMS

ISA-95 addressed the rise of global production and distributed supply chains yet are still deficient on the issue of data and security, specifically the proliferation of IIoT sensors, which are the real security perimeter of any manufacturing business. IIoT manufacturing systems are quickly becoming digital manufacturing platforms that integrate ERP, MES, PLM and CRM systems to provide a single unified view of product configurations.

Dealing With Intel’s Massive Security Flaw

Supply Chain Brain

The announcement early this year of the security gap discovered in just about every computer made in the last 23 years had chipmakers and users alike scrambling for a patch. So far, there do not appear to have been any attempts by hackers to exploit the flaw, says Tim Crosby, senior security consultant with Spohn Security Solutions. The problem, it often seems, is public indifference or inaction in the face of these serious security threats. security crisis.

The Constant F&B Manufacturers Need in a Changing World

QAD

This is the new mantra of food and beverage (F&B) manufacturers. The ERP system is the backbone of a manufacturer, especially for food and beverage companies, and an ERP should provide nothing less than reliability, dependability and adaptability in today’s world.