{"id":3506,"date":"2019-08-08T11:26:17","date_gmt":"2019-08-08T11:26:17","guid":{"rendered":"https:\/\/www.mrpeasy.com\/blog\/?p=3506"},"modified":"2024-02-06T13:40:15","modified_gmt":"2024-02-06T13:40:15","slug":"week-32-in-manufacturing-news","status":"publish","type":"post","link":"https:\/\/www.mrpeasy.com\/blog\/week-32-in-manufacturing-news\/","title":{"rendered":"Week 32 in Manufacturing News"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The IHS Markit Manufacturing Purchasing Managers\u2019 Index fell to 50.4 in July; The Future of Manufacturing Technology; Global Pharmacy Automation Systems Market to witness heavy growth prospects via manufacturing sector up to 2024.<\/p>\n\n\n\n<!--more-->\n\n\n\n<h3 class=\"wp-block-heading\">Gauge of US manufacturing hits lowest since September 2009, raising concerns about the economy<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The IHS Markit Manufacturing Purchasing Managers\u2019 Index fell to 50.4 in July, down from 50.6 in June, driven by a weaker demand. The firm also noted managers\u2019 signaled slower hiring. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Source: <a rel=\"noreferrer noopener nofollow\" aria-label=\"CNCB (opens in a new tab)\" href=\"https:\/\/www.cnbc.com\/2019\/08\/01\/gauge-of-us-manufacturing-hits-lowest-since-september-2009-raising-concerns-about-the-economy.html\" target=\"_blank\">CNCB<\/a>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">UK manufacturing &#8216;suffocating&#8217; as output slips to seven-year low<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Output and new orders shrank as factories came under pressure from the high level of uncertainty over Britain\u2019s future trading relationship with the EU and from the&nbsp;US-China trade war, which has caused a sharp slowdown in international trade. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Alongside a drop-off in global demand because of the trade war, the survey also found EU-based companies were switching to non-UK suppliers to avoid potential Brexit disruption. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Source: <a rel=\"noreferrer noopener nofollow\" aria-label=\"The Guardian (opens in a new tab)\" href=\"https:\/\/www.theguardian.com\/business\/2019\/aug\/01\/uk-manufacturing-suffocating-as-output-slips-to-seven-year-low\" target=\"_blank\">The Guardian<\/a>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Global Pharmacy Automation Systems Market to witness heavy growth prospects via manufacturing sector up to 2024<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">ICRWorld\u2019s Pharmacy Automation Systems Market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">ICRWorld\u2019s&nbsp;Pharmacy Automation Systems Market&nbsp;research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Link: <a rel=\"noreferrer noopener nofollow\" aria-label=\"Big Market Research (opens in a new tab)\" href=\"https:\/\/www.bigmarketresearch.com\/request-sample\/3243569\" target=\"_blank\">Big Market Research<\/a>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">The Future of Manufacturing Technology<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The global manufacturing market reached $38 trillion in 2018, contributing a 15% increase in global production output.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To sustain ongoing growth, today\u2019s manufacturers are focused on three key mandates. First is to improve utilization rates of expensive fixed assets. Second is to fill the current and increasing void of specialized labor. Lastly, manufacturers must protect operating profit.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Robotics:<\/strong>&nbsp;auto-guided vehicles, sorting arms<\/li>\n\n\n\n<li><strong>Software as a service (SaaS):<\/strong>&nbsp;vision software, predictive maintenance<\/li>\n\n\n\n<li><strong>Digitization\/data software:<\/strong>&nbsp;marketplaces, data analytics solutions<\/li>\n\n\n\n<li><strong>Augmented\/virtual reality (AR\/VR):&nbsp;<\/strong>wearable headsets, vision picking software<\/li>\n\n\n\n<li><strong>Material science:<\/strong>&nbsp;additive manufacturing, innovative materials<\/li>\n\n\n\n<li><strong>Batteries:<\/strong>&nbsp;contactless charging systems, ultrasound transmitters<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Source: <a rel=\"noreferrer noopener nofollow\" aria-label=\"Forbes (opens in a new tab)\" href=\"https:\/\/www.forbes.com\/sites\/columbiabusinessschool\/2019\/08\/06\/the-future-of-manufacturing-technology\/#733fa0e2774c\" target=\"_blank\">Forbes<\/a>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Henrik von Scheel: In conversation with the \u2018Father of Industry 4.0\u2019<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Beyond Brexit, Henrik believes that the Fourth Industrial Revolution plays to UK manufacturing\u2019s strengths in&nbsp;a number of&nbsp;ways:&nbsp;\u201cFirstly, your executive teams tend to be good thinkers \u2013 with a well-deserved reputation for creativity and innovation. You have long-established global trading links \u2013 this \u2018cultural capital\u2019 gives UK manufacturers a distinct competitive advantage when building international value chains.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThe UK financial sector is also very well-placed to support manufacturers \u2013 both in terms of capital investment, as well as financial innovation such as Blockchain.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Full story: <a href=\"https:\/\/www.themanufacturer.com\/articles\/henrik-von-scheel-in-conversation-with-the-father-of-industry-4-0\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" aria-label=\"The Manufacturer (opens in a new tab)\">The Manufacturer<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The IHS Markit Manufacturing Purchasing Managers\u2019 Index fell to 50.4 in July; The Future of Manufacturing Technology; Global Pharmacy Automation Systems Market to witness heavy growth prospects via manufacturing sector up to 2024.<\/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":[3,59],"class_list":["post-3506","post","type-post","status-publish","format-standard","hentry","category-news","tag-manufacturing","tag-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Week 32 in Manufacturing News - Blog for Manufacturers and Distributors<\/title>\n<meta name=\"description\" content=\"Manufacturing news week 32. Manufacturing news and articles - economy, artificial intelligence, additive manufacturing, IoT, manufacturing software.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mrpeasy.com\/blog\/week-32-in-manufacturing-news\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Week 32 in Manufacturing News - Blog for Manufacturers and Distributors\" \/>\n<meta property=\"og:description\" content=\"Manufacturing news week 32. Manufacturing news and articles - economy, artificial intelligence, additive manufacturing, IoT, manufacturing software.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.mrpeasy.com\/blog\/week-32-in-manufacturing-news\/\" \/>\n<meta property=\"og:site_name\" content=\"Blog for Manufacturers and Distributors\" \/>\n<meta property=\"article:published_time\" content=\"2019-08-08T11:26:17+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-06T13:40:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2023\/08\/software-for-manufacturers-English.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Karl Heinrich Lauri\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Karl Heinrich Lauri\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.mrpeasy.com\\\/blog\\\/week-32-in-manufacturing-news\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.mrpeasy.com\\\/blog\\\/week-32-in-manufacturing-news\\\/\"},\"author\":{\"name\":\"Karl Heinrich Lauri\",\"@id\":\"https:\\\/\\\/www.mrpeasy.com\\\/blog\\\/#\\\/schema\\\/person\\\/9f3fc21487b8bd06ee559963df65c254\"},\"headline\":\"Week 32 in Manufacturing News\",\"datePublished\":\"2019-08-08T11:26:17+00:00\",\"dateModified\":\"2024-02-06T13:40:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.mrpeasy.com\\\/blog\\\/week-32-in-manufacturing-news\\\/\"},\"wordCount\":452,\"commentCount\":0,\"keywords\":[\"manufacturing\",\"news\"],\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.mrpeasy.com\\\/blog\\\/week-32-in-manufacturing-news\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.mrpeasy.com\\\/blog\\\/week-32-in-manufacturing-news\\\/\",\"url\":\"https:\\\/\\\/www.mrpeasy.com\\\/blog\\\/week-32-in-manufacturing-news\\\/\",\"name\":\"Week 32 in Manufacturing News - Blog for Manufacturers and Distributors\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.mrpeasy.com\\\/blog\\\/#website\"},\"datePublished\":\"2019-08-08T11:26:17+00:00\",\"dateModified\":\"2024-02-06T13:40:15+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.mrpeasy.com\\\/blog\\\/#\\\/schema\\\/person\\\/9f3fc21487b8bd06ee559963df65c254\"},\"description\":\"Manufacturing news week 32. 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