1 / 8

Week 16 in Manufacturing News

Bringing Manufacturing Back to the U.S. Is Easier Said Than Done; American factories just had their worst month since 1946; Digital manufacturing: Four practical tips for UK SMEs; EU Industrial strategy: More ambition, faster implementation.<br><br>#usmanufacturing #ukmanufacturing #manufacturing #euindustrial #mrpeasy #mrp #erp #mrpsoftware #mrpsystem #americanfactories

MRPEasy
Download Presentation

Week 16 in Manufacturing News

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. WEEK 16 IN MANUFACTURING NEWS

  2. Bringing Manufacturing Back to the U.S. Is Easier Said Than Done; American factories just had their worst month since 1946; Digital manufacturing: Four practical tips for UK SMEs; EU Industrial strategy: More ambition, faster implementation.

  3. Bringing Manufacturing Back to the U.S. Is Easier Said Than Done The issue is complex and defies easy solutions. The challenge lies in a combination of how modern supply networks are structured and the operational metrics applied to manufacturers. Taken together, the United States and other advanced industrial economies have evolved a highly efficient and productive product manufacturing-and-delivery system. Modern products require high degrees of specialization. Scaling up production requires unique skills. Manufacturers want to maximize utilization of plant and equipment. The rise of lean production and its “inventory is evil” principle. The relentless drive to reduce costs. Source: Harvard Business Review. • • • • •

  4. American factories just had their worst month since 1946 US industrial production plunged 5.4% in March as work at factories that make autos, aircraft and many other goods was halted to protect workers from the outbreak of COVID- 19, the Federal Reserve reported Wednesday. The industrial production index measures output from the manufacturing, mining and electric and gas utilities industries. The manufacturing part of the report showed factory output fell 6.3% in March, the largest monthly decline since February 1946. Source: CNN.

  5. Digital manufacturing: Four practical tips for SMEs Many SMEs are benefitting from state-funded programmes to kick-start or accelerate their own investment in digital. Collaborate – Don’t go into a programme expecting just to receive. Be strategic – Some programmes provide help for strategic planning, roadmapping and business case development Plan to co-invest – It’s an obvious point, but don’t go expecting a free handout. Plan for change – Carve out some time for your best people from all parts of your business to play a part in leading change and bring them along with you Source: The Manufacturer.

  6. EU Industrial strategy: More ambition, faster implementation The New European Industrial Strategy package certainly represents an important step forward for the European Union. For years, companies and industry experts have been asking for a new impetus from Brussels in order to encourage and coordinate the continent’s efforts towards the fourth industrial revolution. The challenges are those of digitisation, digitalisation and decarbonisation. Source: The Parliament Magazine.

  7. https://manufacturing-software-blog.mrpeasy.com/week-16-in- manufacturing-news-2/ https://www.mrpeasy.com/

More Related