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In the wake of the pandemic, many industries, including medical device manufacturers, are left sorting through pieces of what’s become a giant domino effect. Not only has the pandemic exposed weak links in supply chains but also the waste and management of paper-driven processes along with using legacy systems to manufacture complex products. Trying to figure out how to manage a business in this...
As Harry Truman eloquently put it, “It’s a recession when your neighbor loses his job; it’s a depression when you lose yours.” With the last pangs of the pandemic dissipating, and the Russian-Ukraine invasion raging on, coupled with a decline in the third quarter due to a slowdown in consumer spending, many experts in the financial community are ready to declare the U.S. is already in a...
It’s difficult to build new and innovative products using old technology and processes. The same goes for trying to orchestrate harmony between dispersed and cross-functional teams, and your supply chains—that is a fix many manufacturing companies are finding themselves in. As more products are integrated with smart technologies, like the Internet of Things (IoT) and artificial intelligence...
