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The Diversification Crisis in Manufacturing

According to a survey conducted by ISM, 75 percent of U.S. manufacturing companies experienced delayed resources and materials due to the COVID-19 pandemic. The outbreak has forced manufacturers to rethink supply chains to allow for product diversification.

Rush job? No prob!

Improvements in manufacturing management software, robotics, additive manufacturing and thermal controls are making small batch sizes more cost effective—even for smaller shops. Manufacturing plants are able to reduce inventory, improve throughput and reduce demands on human operators.

Manufacturing Forecast to Expand in 2021

Manufacturing should expand this year as the sector continues to recover from the COVID-19 pandemic, the Institute for Supply Management said today in a forecast.