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Supporting Medtech’s Growth: Scaling & Mitigating Risk in the Supply Chain

The medical device market is expected to grow by almost $178 billion from 2023 to 2027 according to Technavio. Moreover, a Fortune Business Insights Analysis estimates the market to reach $799 billion by 2030. With such significant growth, manufacturing and supply chains must scale and mitigate risk to ensure supplies to customers and patients.  

UPS Wins USPS Business with Regional Approach

According to UPS's CEO, UPS’ network flexibility gave it an edge over FedEx in landing a deal with the U.S. Postal Service. Instead of following a hub-and-spoke model to service the USPS, UPS can use its regional gateways to support the local and regional requirements of the USPS customers.

Leveraging ERP and supply chain technologies for a diverse customer experience

Enterprise resource planning systems, CRMs and other tech such as RFID, barcoding, customer and supplier portals, blockchain, IoT, and GPS tracking all support this goal.

Integrate AI in Manufacturing to Raise the Bar

According to Polaris Market Research, the market size of artificial intelligence (AI) in manufacturing is predicted to grow more than 41% during the next decade. Although the latest Sikich Industry Pulse found that less than 20% manufacturers have started to implement AI [...]

Manufacturing Trends: Maintaining A Competitive Edge – SelectHub

Pay alone will not suffice. In our experience, the most important priority to retaining top talent is company culture and leadership.

Supply Chain Automation is Changing the Landscape

Automation is coming, whether or not we get on board. Most executives do not want to be the guinea pig for new technology as they cannot afford disruption and risk.

Manufacturing and Supply Chain Technologies: From 3D Printing to AI

Medtech companies’ focus on supply chain resiliency and mitigating supply chain risk has increased over the last few years as the pandemic triggered extended lead times, delays, and rising costs.

Tech in the Supply Chain

Lisa Anderson was interviewed by Douglas Squirrel of the Squirrel Squadron on LinkedIn Live about technology in manufacturing and the supply chain.

Strategies for AI in Manufacturing & Supply Chain

What is All the Hoopla Over ChatGPT? If you haven't been living under a rock, you've heard about ChatGPT and other AI (artificial intelligence) competitors such as Google's Bard and Elon Musk's AI platform. Everyone has gotten into the conversation, from marketing professionals to tech experts to people like [...]

The Economy & Manufacturing: What Do the Statistics Say?

According to this week's GDP report, the real growth rate was minimal (around 1.1%) during the first quarter. On the other hand, inflation remains high, around 5.3%. This seems to reflect stagflation. Unfortunately, business equipment spending was around -7.3%, and inventories are down. PMI (Purchasing Managers' Index), an [...]

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