{"id":2858,"date":"2019-05-16T09:32:24","date_gmt":"2019-05-16T09:32:24","guid":{"rendered":"https:\/\/www.mrpeasy.com\/blog\/?p=2858"},"modified":"2024-02-06T13:37:42","modified_gmt":"2024-02-06T13:37:42","slug":"week-20-in-manufacturing-news","status":"publish","type":"post","link":"https:\/\/www.mrpeasy.com\/blog\/week-20-in-manufacturing-news\/","title":{"rendered":"Week 20 in Manufacturing News"},"content":{"rendered":"\n

Congress Hoping to Bolster US Advanced Manufacturing<\/h3>\n\n\n\n

The new legislation would bolster the national network of Manufacturing USA institutes by expanding job training programs and providing support for entrepreneurs.<\/p>\n\n\n\n\n\n\n\n

The Manufacturing USA program is a national network of 14 public-private partnership institutes with 1,300-member companies and institutions working to keep the U.S. on the cutting edge of advanced manufacturing.<\/p>\n\n\n\n

Source: IndustryWeek<\/a>.<\/p>\n\n\n\n

How The Trade War Will Jump Start Digital Manufacturing<\/h3>\n\n\n\n

The process of digitization is expensive and risky, and rational investors and managers won’t spend money if they know they will be immediately undercut by Chinese competitors.<\/p>\n\n\n\n

But for companies in the digital manufacturing space, the risk-benefit calculation of investment in digitization starts to look more attractive, purely as an economic proposition. For one, sourcing parts out of China is becoming riskier and potentially more expensive.<\/p>\n\n\n\n

Source: Forbes<\/a>.<\/p>\n\n\n\n

What\u2019s Ahead for Manufacturing AI<\/h3>\n\n\n\n

Voice-driven solutions will lead the charge. And we\u2019ll see pick-and-place robots in smart warehouses delivering a major competitive edge, as companies advance their use of Robotic Process Automation. <\/p>\n\n\n\n

Prediction #1:<\/strong> 50% of all manufacturing companies will be using AI in some form by the end of 2021.<\/p>\n\n\n\n

Prediction #2<\/strong>: 25% of manufacturing planners will be talking to their systems by the end of 2020.<\/p>\n\n\n\n

Prediction #3:<\/strong> Pick-and-place robots will put away 25% of manufactured goods by the end of 2020.<\/p>\n\n\n\n

Source: IndustryWeek<\/a>. <\/p>\n\n\n\n

Cisco cuts back China manufacturing to ease tariffs hit<\/h3>\n\n\n\n

Cisco Systems said on Wednesday that it had slashed its manufacturing in China in anticipation of higher import tariffs levied in the US, as it laid out a financial forecast that showed it did not expect to be hurt by the deepening trade war.<\/p>\n\n\n\n

Chuck Robbins, chief executive, said the company had started planning for the higher tariffs last summer, when the White House put a 10 per cent levy on many of its products, with a threat to increase the rate to 25 per cent later.<\/p>\n\n\n\n

Source: Financial Times<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Congress Hoping to Bolster US Advanced Manufacturing The new legislation would bolster the national network of Manufacturing USA institutes by expanding job training programs and providing support for entrepreneurs.<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[56],"tags":[3,57,59],"class_list":["post-2858","post","type-post","status-publish","format-standard","hentry","category-news","tag-manufacturing","tag-manufacturing-news","tag-news"],"acf":[],"yoast_head":"\nWeek 20 in Manufacturing News - Blog for Manufacturers and Distributors<\/title>\n<meta name=\"description\" content=\"Manufacturing news week 20 MRPeasy is a cloud-based self-service production planning ERP software for small manufacturers (10-200 employees). 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