President Trump announced on his first day in office that he would begin to start renegotiations of the North American Free Trade Agreement (NAFTA).
It is not just the auto industry that finds itself in the cross hairs when it comes to job creation and destruction.
While manufacturers are highly competitive and protective of their processes and patents, they're also engaging in more collaboration to solve industry problems and advance new technologies.
As consumers increasingly demand more customized products at lower costs, manufacturing is only becoming more complex. These changes are presenting big challenges for manufacturers, and those that adapt and embrace data may be able to use that complexity to create a competitive advantage.
Manufacturers are increasingly deploying digital technologies to boost efficiencies and optimize their production lines. But while sensors, data and processing can provide actionable information, manufacturers still need humans with the skill and ability to manage it all.
The U.S. Department of Commerce has awarded $70 million in funding to the new National Institute for Innovation in Manufacturing Biopharmaceuticals (NIIMBL). It is the eleventh institute in the Manufacturing USA network and the first with a focus area proposed by industry and funded by the Department of Commerce.
American manufacturing is on the rebound, but experts say manufacturers, policymakers and the educational system will need to work together to cultivate a workforce to support the growth.
Mid-market companies seeking solutions to enable growth may find great benefits in robotic process automation (RPA).
As manufacturers continually look for ways to improve products and solve design challenges, they're looking more to Mother Nature as a source of inspiration.
As manufacturers transition into digital organizations, they'll likely have to take a stronger interest in their social media.