Third Quarter Digital B2B Sales Trending Upwards Across Industries YTD digital buyer activity drives robust B2B sales in a whole spectrum of industries. DigitalCommerce360 has a few articles on it, including one from an industrial pipe distributor – not your typical online purchase! Some people still think B2B technical online sales is an oxymoron. Many […]

Have you heard of the titanium economy? It’s a cohort of industrial technology companies that are redefining the future of US manufacturing- according to a recent McKinsey & Co. article. However, even though the majority have seen an 11 to 15 percent return on invested capital: “…the companies that make up the Titanium Economy are

Manufacturers’ Optimism Drops Manufacturers’ Optimism Drops Due to Supply Chain Challenges and Inflation Aug. 25, 2022 When asked why they are less optimistic, almost all said the increase in material costs over the past year has caused them to raise prices and worry this will affect their business. https://www.mhlnews.com/global-supply-chain/article/21249307/manufacturers-optimism-declines-amid-rising-inflation-and-continued-supply-chain-challenges?utm_source=IY+IW+Supply+Chain+Insights&utm_medium=email&utm_campaign=CPS220828005&o_eid=9404E7151745B8D&rdx.ident[pull]=omeda|9404E7151745B8D&oly_enc_id=9404E7151745B8D Mfg looking cool again? Are all

Congress passes CHIPS act Congress passed its historic $52 billion federal program to boost domestic chipmaking but included one significant caveat: Companies that get funding can’t increase production of advanced chips in China. It adds to escalating geopolitical tensions and will hit firms like Intel and TSMC https://www.washingtonpost.com/us-policy/2022/08/09/micron-40-billion-us-subsidies/?utm_source=feedly&utm_medium=referral&utm_campaign=wp_business This is compares to China, which has

Sales are up BUT book-to-bill is down for PCBs IPC announced today the June 2022 findings from its North PCB Statistical Program. The book-to-bill ratio stands at 1.03.IPC announced today the June 2022 findings from its North PCB Statistical Program. The book-to-bill ratio stands at 1.03. Total shipments in June 2022 were up 17.1 percent

Peloton and Stan Shih’s Smile Peloton announced that they were getting out of actually making things. They hope to get rid of all the lowest value activities and mfg is low value. Chief Supply Chain Officer Andrew Rendich calls it “Partnered Manufacturing”. Many industries use contract manufacturers: aerospace, defense, electronics (called contract manufacturing or CM),

Welcome to the Inaugural HeyScottie Newsletter! Fetching you interestingnews and insights in US Manufacturing Manufacturing Wages Skew Lower Than Other Sectors McKinsey’s Latest Mind the Gap Newsletter (their cleverly named Gen Z newsletter) has interesting data on wages (link here). It shows that the manufacturing sector is currently the lowest-paying sector , according to the