Supply Chain 7 results

Semiconductor Shortage Pressures Tech, Auto Manufacturing

The continuing Covid-19 pandemic has seen many industries shrink and retract in the wake of problems like supply chain disruptions, along with measures taken to help reduce the risk of spreading the virus among employees. However, both the automobile and tech sectors have managed to stay afloat, with the latter in particular doing increasingly well. Now, a shortage of key components is shaping up ...

Warehouse Modernization Sees New Future in Automation

Warehouses have always been a major component of the manufacturing process, and with the rise of ecommerce, their value has only increased. Orders are expected to be completed in just days or even hours rather than weeks, and the number of products which need to be managed have risen while the labor pool continues to shrink. However, the Covid-19 pandemic has caused ecommerce sales to rise to ...

Companies Will Continue to Move Supply Lines from China After Election, Experts Say

With the 2020 presidential election less than two weeks away, the economy and manufacturing have been important topics for both candidates. However, despite the difference they may have, experts like PwC Chairman Tim Ryan believes that one thing will remain the same: the shifting of supply lines out from China. Ryan noted that while it was President Trump’s trade war with China that drew ...

Order for U.S Durable-Goods Rose By 11.2% in July

Manufacturing all around the world has taken a hit due to Covid-19, and the U.S. is no exception. Many companies in the U.S. have been dealing with supply chain disruptions, factory closures, and a lack of demand due to the effects of Covid-19. However, new data shows that the manufacturing sector is starting to rebound. According to new information released by the Commerce Department, orders ...

U.S., Euro Firms May Face $1 Trillion in Supply Chain Relocation

The Covid-19 pandemic’s impact was first felt by many companies via their supply lines. As factories and other facilities shut down in China earlier in the year, several businesses had their supply chains thrown into disarray. Now, the cost to relocate these manufacturing processes away from China could cost them quite a large amount of money. According to research by Bank of America, ...