In March 2020, the World Health Organization (WHO) officially declared the novel coronavirus (COVID-19) outbreak a pandemic. Manufacturers are dealing with the fact that the virus has exposed the fact that many domestic (North American-based) brands rely significantly upon China for fulfilling some, part, or nearly all, of their supply chain.
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Manufacturing’s economic expansion eased in November, the Institute for Supply Management said today.
As we have all been navigating the many facets of this crisis, one thing has stood out: our strengthened sense of community. This overarching momentum of collaboration is impacting the reaction of businesses across the global supply chain.
While manufacturers grapple with the day-to-day demands of the COVID-19 crisis, some industry analysts assert that now is also the time for businesses to prepare to thrive postpandemic.
The National Association of Manufacturers said a survey shows that while optimism has dipped, manufacturers are staying open or have only temporarily closed operations because of COVID-19.
During times like these, editors turn to “tried and true” sayings to frame their opinion columns. One of these sayings is, “May you live in interesting times,” supposedly a translation of a traditional Chinese curse. The saying is used ironically, in that “interesting times” are times of trouble and difficulty.
Corporate finance chiefs are concerned about a second wave of infections from the novel coronavirus (COVID-19), consulting firm PwC said.
Manufacturing operations face a multitude of cyber threats. The latest dangers from hackers include not only the theft of intellectual property but also malicious attacks that can cripple critical infrastructure, such as energy plants, utilities, and large-scale factories.
Aim is to manage “next normal” in manufacturing with a workplace distancing solution.
Suppliers of cleaning, safety, and environmental equipment are promoting a common message—good housekeeping is not only good for your workforce, it’s also good for the shop’s balance sheet.