Weekly Wrap Up For June 12, 2020

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NJMEP President John Kennedy, PhD. stopped by the Manufacturing Talk Radio studio to talk about manufacturing in these uncertain times. John and Lew discuss the importance of bringing manufacturing back to the U.S., strengthening existing domestic manufacturing and NJMEP’s role in fostering the current and next generation of manufacturers.


SpaceXAfter Historic Launch, SpaceX Prepares For Future Plans

With their historic mission on Saturday, May 30th, streamed live on Manufacturing Talk Radio, SpaceX has seemingly kicked off a new era for American spaceflight. Now, the company is already preparing for their future flights and plans. (Read More)

 


In the episode, Chad Moutray, the Chief Economist for the National Association for Manufacturers presents the results of the latest NAM Manufacturers’ Outlook Survey and places them in the context of his short-term forecast of the U.S. and global economies. The episode also includes a discussion of the longer-term issues for the U.S. manufacturing sector that have been created by the pandemic and the historically deep economic downturn.


GM CEO Expects Plants To Reach Pre-Virus Levels By Late June

Since restarting production in mid-May, auto manufacturers have been aggressively working to try and get their output back up to pre-COVID 19 levels. As production continues on, it now seems that these efforts may pay off sooner than anticipated. (Read More)

 


Women And Manufacturing

The COVID-19 pandemic has revealed just how interconnected, yet fragile the global supply chain truly is. One company, Resilinc, has been addressing risk in the global supply chain through a clear vision and innovative software, and its CEO Bindiya Vakil, joins us today. Having come from the world of sourcing and procurement in high-tech, Bindiya felt the industry was very reactive and always at the mercy of suppliers and events. In this episode, we learn more about what Resilinc is doing to increase visibility and understand supply chain interdependencies. We also learn about how they gather and leverage data and disseminate it to clients to inform decision-making in the face of sudden shifts, from factory fires to natural disasters. They hope to help companies become more resilient and not to design suppliers out, but instead enable businesses to be proactive, predictive, and have some control over the outcomes of events. Along with this, we also learn more about Resilinc’s natural language processing capabilities, the importance of data for lean manufacturing, and more. Be sure to tune in today!