Steam engines sparked the first Industrial Revolution, electricity energized the second, and early automation and the assembly line powered the third. Now, the fourth (often called smart manufacturing) is being shaped by artificial intelligence, advanced analytics, the internet and real-time data. Smart technologies are transforming manufacturing. It starts on the
The massive disruptions of the last few years have made clear how critical it is for businesses to be resilient. Some companies flexed successfully with the changes, while others have struggled to keep up. If you’re wondering how your company can boost its resilience for the road ahead, you’re not
In an increasingly interconnected world, geopolitical events in one region can cause a ripple effect across global supply chains. Due to technical complexity and the concentration of large manufacturers in the Asia Pacific region, the semiconductor supply chain is especially vulnerable to disruptions. In fact, more than 65% of the
