Medtech companies’ focus on supply chain resiliency and mitigating supply chain risk has increased over the last few years as the pandemic triggered extended lead times, delays, and rising costs.
What is All the Hoopla Over ChatGPT? If you haven't been living under a rock, you've heard about ChatGPT and other AI (artificial intelligence) competitors such as Google's Bard and Elon Musk's AI platform. Everyone has gotten into the conversation, from marketing professionals to tech experts to people like [...]
Manufacturing and Supply Chain Expert Lisa Anderson, MBA, CSCP, CLTD, President of LMA Consulting Group Inc., shares her thoughts on 3D printing.
According to Statista Research Department, the global market for robots is expected to grow at a compound annual growth rate of around 26% to reach close to $210 billion by 2025. For example, according to Automation World, almost 45% of respondents currently use robots in their assembly and manufacturing [...]
The more technology we use, the more we need a high level of engagement with people. As John Naisbitt, the preeminent social forecaster of our time and the author of the #1 New York Times bestseller Megatrends, said, "High tech. High touch." He was absolutely correct. The more [...]
As I wrote in this month's Brushware magazine (page 20), manufacturing is trending to digital. We were already on this path the last few years, and it accelerated 5 fold during COVID. According to the Hackett Group, 77% of companies have strengthened their commitments to digital transformation [...]
According to the Hackett Group, 77% of companies have strengthened their commitment to digital transformation due to the COVID crisis. In fact, they are not only strengthening their commitment, but the pace of adoption is increasing. A McKinsey survey found that the pandemic has significantly accelerated the pace of [...]
I was recently quoted throughout an article in SelectHub "Manufacturing Trends: Leveraging Software and Tech to Maintain a Competitive Edge", and so it has been top of mind. Software and technology will be cornerstone to success as we emerge from the coronavirus pandemic. For example, according to the Hackett [...]
I’ll be talking more and more about the digital transformation as it will impact every client in a substantial way. Recently I met with a significant, regional CPA firm’s manufacturing and technology experts.
Recent predictions say we are headed into the year where technology gains critical mass! That is truly exciting for manufacturers as people and robots work in collaboration to achieve profitable growth and success.
