View Marketing as an Investment—Not an Expense September 29, 2020 Peter Drucker, known as the father of modern management, was quoted in a 2006 article in Forbes as saying, “Because the purpose of business is to create a customer, the business enterprise has two—and only two—basic functions: marketing and innovation. Marketing and innovation produce results; all the rest are costs.”
Ways to Effectively Address Supply-Chain Risk Laid Bare by COVID-19 October 2, 2020 When the COVID-19 pandemic hit, many aerospace and defense manufacturers realized they were not resilient enough to withstand the resulting challenges in their supply chains.
EMO 2021 Scheduled for October 2021 in Milan, Italy September 24, 2020 Betting that the worst of the pandemic will be over and travel restrictions lifted, the 2021 edition the machine tool exhibition is putting out the welcome mat to the world.
Supply Chains Present Cybersecurity Risks, Report Says September 23, 2020 Supply chains are creating cybersecurity risks for companies, according to a security services firm report.
Secretary of the Air Force Unveils New “eSeries” Classification September 17, 2020 A new way of procuring systems, recognizing the Department’s digital future, and industry’s ability to deliver digital twins.
IMTS Network Week Premiers September 14 – 18 September 11, 2020 On Monday, September 14, IMTS – The International Manufacturing Technology Show will launch IMTS Network, a new digital channel that will broadcast live on IMTS.com from 8 a.m. to 12 p.m. (CT) each day through September 18.
Xometry Announces $75 Million Equity Round Led by T. Rowe Price Funds September 10, 2020 Xometry, an on-demand manufacturing marketplace, announced that it has completed an $75 million equity round, led by funds and accounts advised by T. Rowe Price Associates Inc. Durable Capital Partners LP and ArrowMark Partners.
AI Enters Inspections September 8, 2020 An Israeli company has developed new artificial intelligence technology that promises to dramatically change how original equipment manufacturers and their suppliers conduct quality control inspections.
A Playbook for Manufacturers Fighting COVID-19 August 26, 2020 When an unanticipated global crisis like the COVID-19 pandemic disrupts national economies in a domino-like effect, a rapid response is required to mitigate supply chain disruptions.
Making Parts for Next-Gen Vehicles August 18, 2020 Tesla and the march to all-electric cars and trucks may get most of the press. But the reality is that most U.S. automakers need to tackle the twin challenges of building both new components unique to electric vehicles while also building internal combustion engines (ICEs) that are ever-more fuel efficient.
