Recovery Planning – STEP 1
Focus your remote planning workforce on locating potential weaknesses in your value chain The reality of Social Quarantine caused by the coronavirus is setting in for corporations worldwide. Demand outlook and timing is uncertain, as are logistics and supply line capacity. Finances are strained and cash is critical. But action is being taken to spur recovery: the US Senate has agreed to an unprecedented $2 trillion bipartisan economic aid package intended to help alleviate the impact of coronavirus, and many state and local governments have followed suit with grants and low interest loans. So, how do you focus down now …
Manufacturing goes Digital
Manufacturing goes digital: Smart factories have the potential to spark labor productivity “Manufacturing productivity has stalled for the past five years but trailblazers who have increased investment in smart technology initiatives have seen twice the level of gains to labor productivity compared to their peers. Furthermore, leaders in this group expect increases in labor productivity to continue to accelerate ahead of the average over the next three years. Clearly there is a recipe to extract value through investments in smart factory initiatives.” — Morgan Travis. Smart factories will be the game changer for the US manufacturing industry. Adopting smart …
