Royal Canin to invest $390M in new Ohio factory | Xerox's 3D printing focus leads to Navy collaboration | Foodmakers use data analytics to keep up with trends
Mars-owned Royal Canin North America will build a $390 million factory in Lewisburg, Ohio, to produce its namesake and Eukanuba brand dog and cat foods. The Lewisburg factory will be the company's sixth in North America and will help feed increasing demand for the brand's premium pet foods, the company said.
Xerox's research into additive materials focused on supply chain applications, and it starts with aluminum wire to reduce complexity and eliminate the "need for expensive facility modifications in order to accommodate for a printer," says Xerox Chief Technology Officer Naresh Shanker. Xerox and the Naval Postgraduate School have teamed up to research further developments that can be used by the Marines and Navy.
Food manufacturers have been gathering data on consumer shopping trends through e-commerce, social media, mobile, search trends and more during the pandemic, all in an effort to be more responsive and personalized in marketing efforts.
Employment in the US oilfield services and equipment sector increased by about 23,000 jobs, or 3.8%, in March, according to preliminary figures from the Bureau of Labor Statistics and an analysis by the Energy Workforce & Technology Council. However, oilfield employment remains 9.2% below March 2020 levels.
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A number of manufacturers are opting to stay mum after getting victimized by a cyberattack, fearing the publicity will harm their reputations despite security experts calling for greater transparency to fight ransomware. More than 60% of manufacturers in the US, Germany and Japan have experienced a cyber incident, according to a survey from cybersecurity software firm Trend Micro.
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Artificial intelligence can help companies anticipate supply chain risks rather than react to something like the Suez Canal incident, says Ahmer Inam, chief AI officer at Pactera EDGE. Key performance indicators can guide AI efforts, but companies should select forward-facing KPIs whenever possible, Inam says.
Lithium-ion battery costs are falling faster than commonly reported and have achieved a 97% cost-reduction since 1991, a Massachusetts Institute of Technology study has found. The trend, combined with falling solar panel costs, is creating the "perfect storm" for the residential solar market to take off.
A look at the business value and lessons learned from an SCO digital initiative focused on improving resource optimization on the shop floor. Read more.
As technology continues to evolve at a rapid pace, manufacturers are seeking a competitive edge by leveraging data to optimize supply chains. Many businesses are now adopting advanced techniques, collaborating internally across operations and IT, and working externally with technology partners to test, pilot, and implement advanced analytics strategies across their organizations. Join this MLC Master Class Series webinar tomorrow, April 7, at 11 a.m. ET to learn more about different approaches to deploying predictive and prescriptive analytics, AI/ML, supply chain modeling, and digital twins to aid both tactical and strategic decision making. Register here.
