July 29, 2021
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Industry News
Siemens and Dow are partnering on an initiative to enable digital twin applications and other innovations in chemical process manufacturing. The project will harness the input of Dow's frontline workers, including technicians, site engineers, maintenance managers, reliability engineers, equipment operators and managers.
Full Story: VentureBeat (7/28) 
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The cost of a data breach has risen to a record $4.24 million, a 10% increase year-over-year, finds an annual report compiled by the Ponemon Institute for IBM Security. Another finding: Enterprises employing full or partial artificial intelligence increased to 65%, up 6 percentage points from 2020.
Full Story: Security Intelligence (7/28) 
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Half the respondents to a Verdict poll said the adoption of robotics in drug development, manufacturing and anti-counterfeiting will not peak for at least five years, while 13% said it will peak in three to five years. The Robotic Industries Association said the number of robots ordered by life sciences companies in North America was 69% higher last year than in 2019, and most are used for dispensing, sorting, assembling, light machine-tending and packaging.
Full Story: Pharmaceutical Technology (7/28) 
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Technology & Trends
Manufacturers and plant managers are still grappling with pandemic-related supply challenges, highlighting the need for supply chain resilience, inventory visibility and extended asset life spans, writes Joe Berti of IBM Cloud and Cognitive Software. "Working together, the predictive capability of artificial intelligence (AI) and the accountable track-and-tracing provided by blockchain can promote supply chain resilience in a number of ways," Berti writes.
Full Story: Plant Engineering (7/26) 
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A steel industry case study demonstrates that digital analytics has the potential to track product quality as well as equipment performance. The trial, which involved digital twins and industrial internet of things applications, cut project completion time in half.
Full Story: Plant Engineering (7/28) 
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Leadership & Management
Better awareness of manufacturing careers, new styles of training and increased diversity are all needed to source talent, write Ethan Karp, president and CEO of the Manufacturing Advocacy and Growth Network, and Jessica Borza, executive director of the Mahoning Valley Manufacturers Coalition. They offer use cases to address these challenges and suggest "a holistic approach, one that requires radical collaboration among manufacturers, state and local government, academia, community leaders, nonprofits, students and workers."
Full Story: IndustryWeek (7/23) 
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Manufacturers should partner with local youth programs and schools -- as ABB has done in Fort Smith, Ark. -- to provide technical education as early as middle school, write James Stone and John Scull of the Jackson Lewis law firm. "Such an approach has multiple benefits as it both educates students about alternative career paths (as opposed to a traditional four-year college degree) and develops good will and brand awareness within the community that the manufacturer operates," they write.
Full Story: Jackson Lewis (7/27) 
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More than half of manufacturing workers under age 25 said they stayed with their employers because of training and career opportunities in a recent Manufacturing Institute's Center for Manufacturing Research survey. Offering career development may help manufacturers combat the "image problem" that turns off some young workers, writes Kathryn Moody.
Full Story: Supply Chain Dive (7/27) 
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SMRP News
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