When an unanticipated global crisis like the COVID-19 pandemic disrupts national economies in a domino-like effect, a rapid response is required to mitigate supply chain disruptions.
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Companies most likely to succeed in capitalizing on those opportunities will excel in digital transformation, among other things, according to the April 9 webinar “Market Impact of COVID-19: How to Respond, Reset, and Rebound,” by Aroop Zutshi and Mark Simoncelli of Frost & Sullivan Industry and Strategy Experts.
General Motors Co.’s quarterly profit plunged as the novel coronavirus (COVID-19) pared demand and caused the automaker to close factories.
This is a digest of news items focusing on how manufacturers are aiding the global response to the COVID-19 pandemic.
Living with the day-to-day reality of COVID-19 can be challenging for individuals. Running a business in this pandemic era is an order of magnitude harder.
COVID-19 vividly underscores the vulnerability of global manufacturing operations and supply chains. The disruption in our supply chains will hamper manufacturing for months and perhaps years. As we reopen and rebuild our economy, we must focus on sustainable manufacturing operations that are pandemic adaptive, resilient, and secure.
Manufacturing’s supply chain is approaching a “tipping point” of diversifying beyond China, consulting firm PwC said in a report.
Reality regarding the novel coronavirus is setting in for financial executives, particularly those in manufacturing, consulting firm PwC said today.
Crafts Technology, Elk Grove Village, Illinois, said it is rush-producing CraftAlloy tungsten carbide pin tooling to be used in injection molding machines that make vials for COVID-19 testing.
The COVID-19 pandemic is causing major upheavals both in people’s lives and in the manufacturing world. One of the main problems that even the most developed nations are facing is a shortage of personal protection equipment (PPE), including masks, glasses, gowns, safety suits, and fans.