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Will Coronavirus spark supply chain reviews for manufacturers?

Manufacturing & Logistics IT

The Coronavirus outbreak and lock downs imposed by the Chinese government are starting to impact supply chains in sectors including pharmaceuticals, automotive and telecommunications.

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North American robot orders decline in 2023, A3 report finds

Automation Mag

These 2023 orders were divided almost equally among automotive (15,723 robots sold) and non-automotive companies (15,436 robots sold). There was a 34 percent drop in sales to automotive OEMs and automotive suppliers over 2022 and a 25 percent total decrease in all other industries.

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

Robotics Business Review

The organization said it expects the slowdown, particularly in automotive manufacturing, to continue until the second half of 2024. 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.

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Ottawa is increasing its ‘friendshoring’ focus to improve supply chains: analysts

Canadian Manufacturing

Treasury Secretary Janet Yellen coined the term “friendshoring” a year ago, saying allies should rely on each other to make supply chains more resilient, and defang hostile actors from taxing or withholding goods. He said that question is coming up for electronics and will likely affect pharmaceuticals, too.

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AI in Manufacturing: Transforming Efficiency, Sustainability, and Tomorrow

MEM

Supply Chain Optimization in Automotive Manufacturing In the automotive manufacturing sector, supply chain efficiency is paramount. AI is a key player in optimizing the entire supply chain. From sourcing raw materials to delivering finished vehicles, AI-driven algorithms work tirelessly.

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Innovate UK-backed Start-up Launches Ground-breaking Digital Marketplace for Manufacturers to Sell 3D-printable Car Parts

i4.0 today

“Digital technologies are catalysts in delivering a radical transformation to global supply chains by leveraging, among others, the power of automation, analytics and intelligence to improve efficiency, visibility, sustainability and resilience.

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What is Track and Trace in Manufacturing?

ATS

A manufacturing track and trace system allows businesses to follow the life cycle of individual products or components throughout the supply chain. Giving a clear visibility of goods from production to the end customer is an integral part of a robust supply chain management system. What is track and trace?