Stoppage Would Cost Economy Half a Billion Dollars a Day, Destroy 41,000 U.S. Jobs As negotiations between the Pacific Maritime Association and International Longshore and Warehouse Union near a critical deadline, the National Association of Manufacturers released a statement on the potential impact of stoppage based on analysis commissioned by the organization utilizing the Inforum […]
Read Morehttps://www.gordonbrush.com/videos/inflation-and-supply-chain-issues.mp4 Ken Rakusin, President and CEO, Gordon Brush Mfg. Co., Inc. was interviewed by reporter Renee Ing from Spectrum News 1 on how inflation and supply chain issues are affecting brush manufacturers. “Everything is backlogged because we are having trouble getting the material needed to make our brushes and something that used to cost […]
Read MoreBy Lisa Anderson According to the Wall Street Journal, consumer prices are the highest in 40 years. It certainly doesn’t seem to be letting up. In fact, with the Russia-Ukraine war, there will be continued inflationary pressure on products related to oil, gas, commodities and food at a minimum. Clients and colleagues are seeing record […]
Read MoreBy Lisa Anderson According to FactSet Insight, revenue growth is predicted at 7.5 percent for 2022 which is substantial when considering it is following record-breaking growth in 2021. Clients and colleagues are seeing record increases in sales revenues and pricing. The companies that have product and can satisfy customer needs are continuing to grow faster […]
Read MoreBy Lisa Anderson There will be a resounding resurgence of manufacturing near-term. According to a new report from The Reshoring Initiative®, reshoring broke records in the US in 2020 and exceeded foreign direct investment (FDI) for the first time since 2013. Not only did it beat FDI, but it beat it by nearly 100 percent! […]
Read MoreBy Lisa Anderson According to McKinsey surveys of global Supply Chain leaders (May 15-May 22, 2020, n=60), 85% struggled with insufficient digital technologies in the supply chain. One of the key digital technologies is business intelligence (BI) and analytics. According to Tableau, the projected return on investment of BI in a three-year period is 127%. […]
Read MoreBy Lisa Anderson According to Prudential’s latest Pulse of the American Worker Survey, one in four workers plan to look for a job at a different company once the pandemic has subsided. Additionally, a recent Robert Half survey found that 38 percent of workers feel stuck in their careers, and an EY survey found that […]
Read MoreBy Lisa Anderson According to Statista Research Department, the global market for robots is expected to grow at a compound annual growth rate of around 26 percent to reach close to $210 billion by 2025. To back that up, Automation World reports almost 45 percent of respondents to their adoption survey currently use robots in […]
Read MoreBy Lisa Anderson If you don’t have a modern enterprise resource planning (ERP) system, your growth prospects will be limited in comparison to your competition. It didn’t use to be as important; however, according to KPMG, for the majority of US CEOs, the pandemic has meant an acceleration of digital transformation by months or even […]
Read MoreTai Hing Nylon is reporting PA66 and PBT raw materials, which are already at record highs, continue to see prices on the rise. Suppliers have limited supply and that scenario is expected to continue for the next three months. Tai Hing previously reported that PA66 raw materials had increased by more than 30% at the […]
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