The COVID-19 pandemic has had overwhelming impacts on our economy, not to mention the impact on lives and personal wellness. The critical lack of medical equipment to treat and protect those affected highlights the over-reliance of United States manufacturing sector on overseas production. The offshoring issue extends beyond current pandemic concerns, however, reaching far larger and more permanent concerns over industrial supply chains, worker training and even national security.
The Manufacturing Scorecard shows how each state ranks among its peers in several categories that are of particular interest to site selection experts for the manufacturing and logistics industries.
The purpose of this report is to help SMMs focus on realistic objectives achievable with appropriate implementation of digital technologies to cut costs, improve existing processes, and lay the groundwork for continued progress. It is also important to recognize that the biggest hurdles to effective implementation are not likely to be technical, but rather managerial and cultural.
This report is the result of a collaboration between members of the World Economic Forum Council on Advanced Manufacturing and Production. It summarizes the main findings of work conducted on the application of advanced manufacturing and digital technologies on future production and supply-chain models. The applications set out in this paper highlight the importance of collaborations across supply-chain.
In this article, Deloitte discusses how smart factory initiatives could have a significant impact on manufacturing productivity.
This report analyzes AI’s likely impacts by examining past impacts of technology, including robotics and information technology, on the economy and jobs. It also considers how AI does—and does not—go beyond previous technologies and substitute for human capacities and intelligence.
Many companies are piloting Fourth Industrial Revolution initiatives in manufacturing, but few have managed to integrate Fourth Industrial Revolution technologies at scale to realize significant economic and financial benefits. The World Economic Forum, in collaboration with McKinsey & Company, scanned more than 1,000 leading manufacturers. Subsequent outreach enabled visits to the most advanced sites and identification of the few factories that are true guiding lights.
The data-driven world will be always on, always tracking, always monitoring, always listening, and always watching – because it will be always learning. Data is at the heart of digital transformation, the lifeblood of this digitization process. This study by IDC, looks into how companies are leveraging data to improve customer experiences, open new markets, make employees and processes more productive, and create new sources of competitive advantage – working toward the future of tomorrow.
This report focuses on an emerging alternative digital future for manufacturing, the “Internet of Goods." Three trends could lead to a manufacturing sector that uses information technology to boost productivity and create new markets.
The world is in the midst of a transformation in the nature of work, as smart machines, artificial intelligence, new technologies, and global competition remake how people do their jobs and pursue their careers. The Work Ahead: Machines, Skills, and U.S. Leadership in the Twenty-First Century, the report of a CFR-sponsored Independent Task Force, assesses the future of work and workers and the implications for the U.S. economy and national security.