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Nulogy secures $20M CAD in funding to support supply chain collaboration solutions

Canadian Manufacturing

TORONTO — Nulogy, a provider of supply chain collaboration solutions, announced the company has received $20 million CAD (approx. $15 The funds will be used for product developments and to accelerate the growth of Nulogy’s multi-enterprise supply chain platform and solutions.

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North American robot orders decline in 2023, A3 report finds

Automation Mag

Companies purchased 31,159 robots in 2023, compared to 44,196 ordered in 2022 and 39,708 in 2021. economy, higher interest rates and even the over-purchasing of robots in 2022 from supply chain concerns,” said Jeff Burnstein, president of A3.

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Global additive manufacturing industry shows growth in Q2 2022

AU Manufacturing

The figure marks a 27 per cent increase in comparison with the period of 2021, but the streak of six consecutive quarters of sequential growth ended due to inflation and global supply chain disruptions, the market research and industry analysis provider detailed in its report. .

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2023 robot orders down 30% from 2022 in North America, according to A3

Robotics Business Review

economy, higher interest rates, and even the over-purchasing of robots in 2022 from supply chain concerns,” said Jeff Burnstein , president of A3, in a release. “While robot sales naturally ebb and flow, the return to more typical robot sales after the last two record years can likely be attributed to a few obvious issues: a slow U.S.

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Fastenal Company Reports 2022 Annual and Fourth Quarter Earnings

Fastener News Desk

or 10.7%, in the fourth quarter of 2022 when compared to the fourth quarter of 2021. This was due to further growth in underlying demand in markets tied to industrial capital goods and commodities, which more than offset softer markets tied to consumer goods and relatively lower growth in construction.

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Combining Regional Production and Supply with Digital Maturity Boosts Resiliency, Accenture Report Shows

Dinesh Mishra

Having more mature capabilities in these areas helps companies build reconfigurable supply chains and autonomous production. To fuel the next phase of India’s economic growth, it is critical to invest in digitizing engineering, supply, production, and operations processes for better visibility and control. Visibility.

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Accenture to acquire Eclipse Automation to help clients build smart factories

Automation Mag

The company makes automated manufacturing systems to produce sophisticated products for life sciences, industrial equipment, automotive, energy and consumer goods companies. Many companies are bringing production back home to Canada and the US due to global supply chain disruptions.