Industry Digest 64022b081eceb

Is permacrisis the new reality for supply chains?

March 3, 2023
Here are this week’s industrial trends and perspectives, including the pros and cons of the “Buy American” policy.

The internet is a vast space that is filled with rabbit holes, endless search results, and adorable cat videos that will consume your entire day in a flash. Finding the information and insights you need to improve productivity and efficiency at your facility can be daunting. Luckily, Plant Services is here to help. We search the web and curate the industry perspectives, trends, and topics that will affect you and your industry. Here are a few of our favorite stories from this week.

Is Your Supply Chain Ready For The Permacrisis? [Forbes]
Countless articles have been written about the industry, and supply chains specifically, returning to a consistent, reliable state. Sure, it might be a new normal, but for a long time, manufacturers have been assured that an end to the constant disruptions is coming. But what if it isn’t? What if permacrisis is the new reality, and all we can hope to do is be responsive to changes as they come? 

The Impact of Digitalization on Major Manufacturing Shifts [Supply & Demand Chain Executive]
If you’re looking for a new way to improve the resiliency of your supply chain and overall operations, then maybe it’s time to consider going digital. New technological solutions like smart sensors are helping manufactures overcome obstacles that once seemed insurmountable. This article showcases four areas of opportunity that can be aided by digital technologies. 

Don’t ‘Buy American’ [The Atlantic]
America is experiencing a manufacturing renaissance. Every day, more money is being invested into building and expanding U.S. production facilities, and new industrial jobs are being created at a faster rate as reshoring begins to take hold. This renewed optimism and the legislation that drives it is causing increased concern for some observers. In this opinion piece, author Derek Thompson explores the pros and cons of the “Buy American” policy.

What Is the Best Equipment Upgrade Strategy? [Thomas]
As a piece of equipment begins to age, maintenance personnel must make a difficult decision. Should the machine be repaired, replaced, or retrofitted? Unfortunately, there is no one-size-fits-all answer to this age-old question. This article breaks down the decision-making process, highlighting five factors that should be considered throughout the process. 

Improving Your Industrial Manufacturing Company Using A Model-Based Enterprise Approach [Forbes]
The manufacturing industry is not as technologically advanced as many believe. For every plant that is taking steps towards digitalization, another facility is using pen and paper to track their processes. Some might make the argument that the later company is just trying to save money with its outdated procedures, but a lack of digital continuity may actually cost manufacturers more than they realize. This article outlines how model-based enterprise (MBE) solutions can help manufactures improve efficiency and cut costs.

About the Author

Alexis Gajewski | Senior Content Strategist

Alexis Gajewski has over 15 years of experience in the maintenance, reliability, operations, and manufacturing space. She joined Plant Services in 2008 and works to bring readers the news, insight, and information they need to make the right decisions for their plants. Alexis also authors “The Lighter Side of Manufacturing,” a blog that highlights the fun and innovative advances in the industrial sector. 

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