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As a result, manufacturers appear to have an opportunity to increase the functionality and personalization of manufactured goods by spending on automation. Examples of such goods include electrical and self-navigating automobiles, smart appliances, and cleaner water systems.
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The COVID-19 pandemic revealed supply chain security weaknesses in many developed markets, coming from offshoring production for entire product categories.
For example, outsourcing the production of antiviral protective masks helped lead to a U.S. shortage in the early stages of the outbreak. This has led to a reassessment of essential goods production capabilities, with nascent initiatives to bring some manufacturing operations back onshore.
The internet of Things and Covid 19 – strange bedfellows
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The internet of Things and Covid 19 – strange bedfellows
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Mid-year market update
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Mid-year market update
elliotlakestandard.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from elliotlakestandard.ca Daily Mail and Mail on Sunday newspapers.