In an industry where business has been on a slow growth curve for months on end, a recent manufacturing report from Prime Advantage, a buying consortium for midsized manufacturers, points to some good news for the manufacturing industry.
"Specifically, what we thought was interesting about this survey is the story behind the story: It was all positive," Mike McDonald, vice president of business development at Prime Advantage, told us recently. "Earlier in the year, there might be a sprinkling of optimism in the forecast, but this is a pretty true number in terms of what manufacturers see and expect."
Last month, his firm has released the results of the 13th edition of its Purchasing and Manufacturing Survey, which offered financial projections and explored top concerns of more than 700 US industrial manufacturing companies.
We asked McDonald to offer some thoughts on the survey. Click on the image below for a slideshow on the results.
For those who want to advance a supply chain career, the academic world offers a wealth of opportunities in continuing education, from a certificate in supply chain management to a Master's degree or Doctorate. Gartner's research identifies the leading programs.
Apek Mulay, EBN blogger and CEO of Mulay's Consultancy Services, brings his expertise in macroeconomics and the US semiconductor industry to bear as we discuss how the decentralization of the electronics supply chain and mass capitalism could benefit the industry. This approach, he says, will foster socio-economic reforms, reduce taxes, and help improve collaboration among businesses.
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EBN Dialogue / LIVE CHAT
EBN Dialogue enables you to participate in live chats with notable leaders and luminaries. Open to the entire EBN community of electronics supply chain experts, these conversations see ideas shared, comments made, and questions asked and answered in real time. Listed below are upcoming and archived chats. Stay tuned and join in!