October 27, 2021
CONNECT WITH NAM LinkedInFacebookTwitterBlogYouTube
NAM Leading Edge SmartBrief
News that powers innovation in manufacturingSIGN UP ⋅   SHARE
Trends & Technology
Merck will allow drug manufacturers to develop generic versions of its COVID-19 antiviral medication as part of a deal reached with the United Nations-backed Medicines Patent Pool. Clinical trials showed the treatment reduces the risk of severe illness and mortality for patients with COVID-19, and it is undergoing review by the FDA.
Full Story: The Washington Post (tiered subscription model) (10/27),  Reuters (10/27) 
LinkedIn Twitter Facebook Email
Core capital goods orders grew 0.8% in September from August, the seventh consecutive month of gains, according to Commerce Department data. Orders for motor vehicles, commercial aircraft and durable goods dropped.
Full Story: BNN Bloomberg (Canada) (10/27) 
LinkedIn Twitter Facebook Email
Boeing posted a third-quarter loss of $132 million on revenue of $15.28 billion, with both figures improving from a year earlier. Overall demand is recovering despite slow progress in delivering more 787 Dreamliner jets, the company said.
Full Story: CNBC (10/27),  The New York Times (10/27) 
LinkedIn Twitter Facebook Email
General Motors reported third-quarter revenue of $26.8 billion and net income of $2.2 billion, both declining from a year ago along with US-only sales, which were down 13%. CEO Mary Barra cited the chip shortage, higher costs and fewer wholesale shipments to dealers.
Full Story: Yahoo/Reuters (10/27),  CNN (10/27) 
LinkedIn Twitter Facebook Email
Drive people-centric digital transformation
People are critical to the success of manufacturing. That's why 5,500+ manufacturers leverage UKG workforce management and HR solutions to create great work experiences for their employees, gain operational insight, and empower decision making to drive better business outcomes. Learn more.
Supply Chain
PepsiCo aims to boost its digital and artificial intelligence-driven capabilities, such as predictive analytics for sales and inventory, by opening its first digital hubs in Barcelona, Spain, and Dallas, with more to follow. "PepsiCo's digital hubs will greatly influence the way the organization reinvents planning, making, moving, selling and delivering products," according to a company statement.
Full Story: Consumer Goods Technology News (10/26),  Food Business News (free registration) (10/26),  BeverageDaily (France) (10/26) 
LinkedIn Twitter Facebook Email
Supply chain disruptions are popping up regularly and in many places, and resolving each issue "really is akin to playing Whac-A-Mole," says General Electric CEO Larry Culp. Issues are being addressed, "but almost without fail, the next day, a commodity, a supplier, a logistics provider that we thought was good for the next six weeks or the next six months offers up a revision to that outlook," Culp says.
Full Story: IndustryWeek (10/26),  MedTech Dive (10/26) 
LinkedIn Twitter Facebook Email
The world's best-selling big fan is now available for the year's biggest discount. For a limited time, take up to 25% off when you upgrade your team's comfort and efficiency with Powerfoil X3.0, the undisputed king of airflow. Click here to get started!
Industrial IoT
Technology powered by industrial internet of things capabilities gives welders real-time visual data and connects workers with operations, enabling faster data-driven decisions that can improve quality and productivity, writes Gary Abke of Lincoln Electric. "By capturing this real-time, at-the-weld data, you get full visibility to key productivity metrics such as arc-on time, wire deposition rates, operating factor, and overall equipment effectiveness," Abke writes.
Full Story: The Fabricator online (10/27) 
LinkedIn Twitter Facebook Email
Cyber Insurance and Risk Mitigation for Manufacturers
Identify, protect and manage the unique cyber risks that face manufacturers. NAM Cyber Cover combines the power of cyber insurance with monitoring and education to strengthen your organization's security posture. Simply complete a short questionnaire to obtain a free Cyber Risk Assessment and quote from an NAM Cyber Cover specialist. Learn more.
Free eBooks and Resources
Free eBooks and resources brought to you by our partners
TIP: A Simple Strategy to Inspire High Performance and Lasting Success
Whatever your role, or level of success in your career, TIP will help you discover, or remember, how to consistently bring unique value to your team, your organization, and your most important customers. This easy read will provide a strategy for personal success, complete with coaching and action plans. Download now.
Effective Communication Skills—The 10 Things You Need to Know
This tips and tricks guide starts with explaining what communication skills are and the importance of them in the workplace. Then it will provide you with the top 10 communication skills and how to obtain each of them. This guide has everything you need to sharpen those skills. Download now.
Tyson Foods has achieved a 96% employee vaccination rate with nearly 60,000 employees receiving a COVID-19 vaccine since the company set its Nov. 1 vaccination deadline in early August. "We've seen a significant decline in the number of active cases, companywide," wrote CEO Donnie King in a letter to employees.
Full Story: Meat & Poultry Online (10/26) 
LinkedIn Twitter Facebook Email
Take this survey to win an Amazon gift card
SmartBrief and Scalefast are conducting research to understand how consumers are shopping online. As a thank you for completing the survey, you will be entered to win one of five $50 Amazon gift cards. Take the survey.
Workforce of Tomorrow
Phillips is partnered with hundreds of Haas Technical Education Centers to train students for manufacturing jobs and get them experience on Haas equipment. Other workforce development efforts at Phillips in the Be Pro Be Proud educational program and Project MFG, which organizes school-based competitions in advanced manufacturing.
Full Story: SME (10/27) 
LinkedIn Twitter Facebook Email
Shoptalk Returns to Vegas This March!
Shoptalk brings together 8,000+ professionals from the biggest brands like e.l.f. Beauty, Maui Jim, Olaplex & more. Qualified retailers and brands can attend for free!
Get your pass now.
NAM News
On Friday, Oct. 29, from noon to 1 p.m. ET, The Manufacturing Institute will host a virtual event, sponsored by Union Pacific, focused on recruiting and advancing women veterans and military spouses in the manufacturing and transportation industries. Speakers will engage in a conversation focused on finding opportunities and navigating challenges, as well as discuss best practices to better reach and retain talent from the military community. Register here.
LinkedIn Twitter Facebook Email
On Friday, Oct. 29, from noon to 1 p.m. ET, join The Manufacturing Institute for the latest in its D&I Roundtable series. This discussion will focus on changing the perception of manufacturing for diverse youth. Hear from leaders in this space and walk away with tactics to recruit our future workforce. Register here.
LinkedIn Twitter Facebook Email
About the NAM  |    Join  |    Events  |    About Leading Edge
Sharing NAM Leading Edge SmartBrief with your network keeps the quality of content high and these newsletters free.
Help Spread the Word
Or copy and share your personalized link:
We struggle to climb, or we struggle to fall. The thing is to discover which way we're going.
Daphne du Maurier,
LinkedIn Twitter Facebook Email
 NAM Leading Edge SmartBrief 
SmartBrief publishes more than 200 free industry newsletters - Browse our portfolio
Sign Up  |    Update Profile  |    Advertise with SmartBrief
Unsubscribe  |    Privacy policy
SmartBrief, Inc.®, 555 11th ST NW, Suite 600, Washington, DC 20004