1270 Agricola Drive, Saginaw, Michigan 48604 USA
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2020 Manufacturing Update
With the continued risk for disruption from the COVID-19 pandemic, looking at the top trends for the industrial market in 2020 can help prepare manufacturers. The following are three of the top trends.
Small-scale Suppliers
As the global supply chain becomes more complicated and uncertain, the growth in working with local, small-scale manufacturing suppliers will continue. The benefits of assembling and packaging products near the final destination include minimizing delivery costs and reducing lead times. Additionally, OEMs may see an improvement in responsiveness.
Flexible & Responsive Suppliers
With volatile conditions in the industrial world means suppliers need to be flexible enough to respond to new demands. The ability to lower lead times and production cycles will reduce stock and inbound and outbound delivery times.
More Tech for Suppliers
Complex market conditions and higher customer demands are more and more forcing manufacturers to depend on digitization and new technology. Technology like AI and machine learning will grow in importance in the supply chain. These technologies offer real-time data streams that could help reduce waste and improve data collection leading to better margins and improved analytics.
Universal DeVlieg provides innovative and cost-cutting tool holding and high precision boring solutions to the machine tool industry, servicing a diversified customer base. The combination of over 32,000 active part numbers, over 10,000 standard items, and our technical support staff deliver design engineering expertise that is unmatched in the industry. To learn more about Universal DeVlieg, contact us This email address is being protected from spambots. You need JavaScript enabled to view it. or 877.308.3077 or visit at universaldevlieg.com.