Regional Manufacturing in the Medical Supply Chain
The supply chain has calmed down since the height of the pandemic; however, smart manufacturers are thinking ahead to changing conditions. Geopolitical risks are at an all-time high.
Why Manufacturing Matters & Will Thrive in the Next Decade
Manufacturing promotes safety and security and mitigates risk. Controlling your supply chain and mitigating geopolitical risk can become paramount overnight as geopolitical events occur, natural disasters emerge, and supply chain challenges arise (strikes, disruptions, shortages).
Sustainability Driving Triple Bottom Line in Manufacturing and Logistics
With sustainability increasing in popularity and the carbon footprints of end-to-end supply chains evaluated, innovation and manufacturing will skyrocket.
A Manufacturing Resurgence Is On Its Way
Manufacturing appears to be turning the corner. According to the ISM, the Purchasing Managers Index (PMI) recorded a contraction but at the slowest pace of the recent cycle. In fact, this is the third straight month of improvement.
The Resurgence of the Manufacturing Workforce
Manufacturing is making a resurgence in the U.S. and other countries around the world. According to the U.S. Bureau of Labor Statistics, there is a shortage of 550,000 stable manufacturing jobs to be filled in manufacturing businesses nationwide.
Austin, It’s Skyline & Manufacturing Hub
I recently went to Austin, TX to speak at the MPO (Medical Product Outsourcing) Summit on reshoring and nearshoring in the medical device industry. While deep diving into the healthcare products/ medtech industry, I took a few days to see the sites of Austin. See below for a few of my favorites including an incredible skyline.
Manufacturers are Remaining Positive Amidst Chaos
According to the National Association of Manufacturers (NAM), 82% of manufacturers remain at least somewhat positive about their company's outlook. This statistic is especially interesting since 59% thought continued inflation would make a recession more likely in the next 12 months. Perhaps manufacturing should be even more positive as [...]
Manufacturing Resurgence
There will a resounding resurgence of manufacturing near-term. According to a new report from The Reshoring Initiative®, reshoring broke records in 2020 and exceeded foreign direct investment (FDI) for the first time since 2013. Not only did it beat FDI, but it beat it by nearly 100%! Also, according to the National Association of Manufacturers (NAM) [...]
Are You Ready for a Resurgence in Manufacturing?
According to a recent National Association of Manufacturers (NAM) survey, the vast majority (88%) expect sales, production and prices to increase next year despite the supply challenges. In working with clients across multiple industries such as biotech, building and construction products, and food and beverage, there is no doubt [...]
ASCM Emerging with Supply Chain Strength: Reshoring & the Resurgence of Manufacturing – Michele Nash-Hoff GalleryASCM Emerging with Supply Chain Strength: Reshoring & the Resurgence of Manufacturing – Michele Nash-Hoff
ASCM Series: Emerging with Supply Chain Strength, Manufacturing, Reshoring/ Nearshoring, Supply Chain, Videos & Podcasts, Webinars
ASCM Emerging with Supply Chain Strength: Reshoring & the Resurgence of Manufacturing – Michele Nash-Hoff
Lisa Anderson interviews Michele Nash-Hoff. Listen as they talk about reshoring and the resurgence of manufacturing.