Cyberattacks, Supply Chain Vulnerabilities & What to Do
The Wall Street Journal reported that China-linked hackers breached U.S. internet providers. This hacking campaign termed Salt Typhoon is the latest attack into valuable computer networks.
The Wall Street Journal reported that China-linked hackers breached U.S. internet providers. This hacking campaign termed Salt Typhoon is the latest attack into valuable computer networks.
According to the WorldMetrics.org report, 89% of manufacturers believe automation is key to increasing productivity. More importantly to increasing profitable growth, the report also finds that automation reduces manufacturing lead time by 75%.
Supply chain is in a state of volatility, uncertainty, complexity, and ambiguity (VUCA). Whether you look at the impacts related to wars and chokepoints throughout the world, the uncertain economy and resulting backlogs, or the uncertainty of the reliability of key sources of supply [...]
Companies are overwhelmed with data. There is ERP related data, global supply chain data, world economic data, industry and market data, customer and supplier data, email communications, and the list goes on.
As geopolitical and economic risks rise, executives become more concerned. Proactive clients are taking action to boldly invest where it makes sense while aggressively focusing on inventory and cost reduction of non-value added items/ work and also ensuring high customer service levels.
Turbulent times are upon us. According to Reuters reporting from the Bank of America, geopolitics has leapfrogged inflation as the most significant risk to the market, and that was proven true as the market slumped with the expectation of Iran's attack on Israel.
If you follow the stock market, you might think the economy is strong. As consumers, we are frustrated with the price of everyday supplies such as food, gas, and housing.
Innovation is essential to thriving in today's volatile business environment. Drawing on lessons from QC Manufacturing and real-world experience, Lisa Anderson explains how innovation in people, culture, processes, and products drives growth, profitability, resilience, and long-term success.
The medical device market is expected to grow by almost $178 billion from 2023 to 2027 according to Technavio. Moreover, a Fortune Business Insights Analysis estimates the market to reach $799 billion by 2030. With such significant growth, manufacturing and supply chains must scale and mitigate risk to ensure supplies to customers and patients.
There are around 3 million industrial robots in use worldwide, and the market is expected to grow to $45 billion by 2028. At a minimum, robots can perform routine tasks with consistent quality. At a maximum, robots will be a strategic advantage to your business. It is no wonder clients are implementing them at a fast pace and investing widely.