November 2020 IQReport
Manufacturing Grows for 6th Consecutive Month
Economic activity in the manufacturing sector grew in October, with the overall economy notching a sixth consecutive month of growth, say the nation's supply executives in the latest Manufacturing ISM® Report On Business®. “The October Manufacturing PMI® registered 59.3 percent, up 3.9 percentage points from the September reading of 55.4 percent and the highest since September 2018.
The manufacturing economy continued its recovery in October. Survey Committee members reported that their companies and suppliers continue to operate in reconfigured factories; with every month, they are becoming more proficient at expanding output. Click here to read the complete report Manufacturing ISM® Report On Business® for October 2020.
Join DELMIAworks at the 3DEXPERIENCE WORLD User Conference, February 9-11, 2021
As we continue to experience our new normal, we are reimagining how to connect the DELMIAworks customers from around the world. For your health and safety, 3DEXPERIENCE WORLD will be a virtual event in 2021. The event will include three days of exciting general sessions, technical breakout sessions, opportunities to connect with DELMIAworks experts and executives as well as other users in guided networking sessions, and much more—all from the comfort of your home or office.
We are excited about designing an experience that will enable our attendees to fully customize an agenda from a catalog of options via an easy-to-use navigation tool. You will be able to attend keynotes, educational breakouts, both live and on- demand, tour exhibits, participate in surveys, chats, and engaging meetup sessions. And it's FREE. LEARN MORE & REGISTER NOW!
Essential Values of ERP Webinar
From the sales quote through production, shipping, and cash receipts, ERP can significantly impact processes, productivity, and profits for manufacturing companies.
Join DELMIAworks (IQMS) Tuesday, November 17th, from 11:00 am to 12:00 pm (PT) to learn how an ERP system provides the essential insights you need to evaluate business performance, including a 360-degree view of your operations to:
- Materially improve the profitability of your manufacturing operation
- Create substantial reductions in inventory, labor, and financial costs
- Ensure quoting accuracy, on-time deliveries, and repeat business
- Enable repeatable quality programs into day-to-day operations
What is Lean Manufacturing
Lean manufacturing is a series of techniques and workflows designed to help companies reduce costs, increase product quality while improving shop floor efficiency, all leading to improved profitability.
A lean manufacturing strategy serves as the blueprint for bringing process and quality improvements to every aspect of every plant and production center by eliminating waste and delivering greater visibility and control in the process.
Read our complete article, What is Lean Manufacturing, to learn why "lean" has become common practice across all manufacturing sectors because it removes inefficiencies from daily operations to deliver reliable results.
Featured Research Report
Gartner Insights on Impacts, Risks & ROI of Manufacturing Operation Technology
2020 has been quite a year, exposing manufacturing companies to unforeseen vulnerabilities in their processes, supply chain, and technology infrastructure. As manufacturers look to align their investments and business strategies for 2021 and beyond, top of mind will be the tools and technology that will ensure operational resiliency, efficiency, and connectivity while also supporting and enabling growth.
Per our understanding, the Gartner Hype Cycle for Manufacturing Operations Strategy, 2020, provides manufacturers with a recent assessment of current and emerging technologies and the potential impact on their business.
We are pleased to offer you a complimentary copy of the Gartner Hype Cycle for Manufacturing Operations Strategy, 2020, to help align your investments with the technology that will mitigate risks and support 2021 growth initiatives. DOWNLOAD NOW!