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.
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.
Labor shortages are having a strong impact on the US economy. If left unchecked, today’s conditions could easily develop into one of the worst labor shortages of the last 50 years, particularly for companies that employ blue-collar and manual services workers. Through comprehensive data analysis, research, and its own surveys, The Conference Board explores likely outcomes for future labor markets and shares solutions to hiring and retention challenges.
This report evaluates a novel variation on the programming offered by the US Manufacturing Extension Partnerships (MEPs), public-private partnerships supported by the US Department of Commerce. In July 2014, with the support of the Chicagoland Workforce Funder Alliance (CWFA), the Illinois Manufacturing Excellence Center (IMEC) launched the Genesis initiative to improve both business success and job quality at small and medium-sized manufacturing firms in the Chicago region.
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 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.
Technological change, global competition, and a protracted economic downturn combined to usher in and hasten a new era in manufacturing. The digitally integrated factory, where machines are computer controlled, production is digitally connected to suppliers and customers, and all aspects of operation are constantly monitored and analyzed, requires workers with a new and emerging array of skills.
The news for the general economy may be mixed, but for manufacturers it's "all systems growth." Thomasnet's annual Industry Market Barometer® survey of North American manufacturers shows an upward trajectory for this sector, year after year, as they continue to lead the economy forward.