Purchasing and supply executives expect manufacturing to continue expanding in 2019, according to a survey by the Institute for Supply Management.
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When a manufacturer has excess inventory not adding value to the process, the inventory is hurting the company’s balance sheet, and is by definition wasteful.
In my capacity as the Chair of the Council of the Manufacturing USA institute directors, I often get asked about trends in U.S. advanced manufacturing.
Manufacturing faces “continued risk for disruption” and uncertainty in 2020, consulting firm Deloitte said in a report.
Boeing Co., which had wanted to return the 737 Max to service this month, threw up the surrender flag on Dec. 16. The company said it will suspend 737 Max production in January.
Engineering information is both pervasive and essential within manufacturing plants. And, it changes constantly as a result of maintenance-related adjustments, alterations in plant processes, or the swap-out of components.
Industrial merger and acquisition activity fell in 2019 because of slowing economies and trade uncertainty, consulting firm PwC said in a report.
Caterpillar Inc. today reported higher fourth-quarter profit as expense controls made up for lower revenue. The Deerfield, Illinois-based maker of earthmoving machines and heavy equipment also warned of “continued global economic uncertainty” in 2020.
Manufacturing returned to economic expansion in January, helped by gains in new orders and production, the Institute for Supply Management said today.
Robert Lyscas has been promoted to the newly created position of Chief Operating Officer at the Michigan Manufacturing Technology Center (The Center). The announcement was made by Mike Coast, President of The Center.