The U.S. Economy Is Looking Durable Despite Risks From the Trade War; No-deal Brexit ‘would cost UK car industry £40bn by 2024’; Top 7 manufacturing challenges for 2020; Learn from These 6 Metal Manufacturing Leaders. #manufacturing #usmanufacturing #ukmanufacturing #manufacturingnews #mrpeasy #ukbusinesses #uschinatradewar #news

1. WEEK 48 IN MANUFACTURING
NEWS

2. The U.S. Economy Is Looking Durable Despite Risks From the Trade War; No-
deal Brexit ‘would cost UK car industry £40bn by 2024’; Top 7 manufacturing
challenges for 2020; Learn from These 6 Metal Manufacturing Leaders.

3. A series of government reports Wednesday cast a picture of a steadily growing U.S.
economy, fueled by solid consumer spending and defying threats — at least for now —
from a U.S.-China trade war and a global slowdown.
U.S. manufacturing sector, which has been struggling with global economic weakness and
damage from the trade conflicts, orders for high-cost items rebounded in October by a
0.6% annual rate after having declined in September.
Source: Time.
The U.S. Economy Is Looking Durable
Despite Risks From the Trade War

4. The British car industry has delivered a bleak warning over the danger of a no-deal Brexit,
saying it would devastate UK motor manufacturing at a cost of more than £40bn in lost
production by 2024.
About 1.5m fewer cars would be produced by British factories in the next five years,
manufacturers warned, should the industry fall back on World Trade Organisation (WTO)
rules – whether in a direct no-deal Brexit or at the end of the transition period in Boris
Johnson’s withdrawal deal.
Source: The Guardian.
No-deal Brexit ‘would cost UK car industry
£40bn by 2024’

5. Growing supply chain complexity, emerging next-gen technologies and other compelling
forces will continue to challenge the manufacturing sector. Here’s a look at what’s ahead for
2020.
1. Lack of supply chain collaboration
2. Trade war effects
3. Manufacturing skills gap
4. Stalled industry 4.0 efforts
5. Robotics and automation effects
6. Amazon effect fallout
7. Need for supply chain visibility
Source: SearchERP.
Top 7 manufacturing challenges for 2020

6. Learn from These 6 Metal Manufacturing
Leaders
Metal manufacturers are getting ahead by using technology—including ERP platforms—in
strategic ways. In fact, many of these companies are achieving goals that once seemed
unattainable.
Meet six companies that have undergone digital transformations and are using connected
manufacturing to reduce inventory, avoid waste, increase customer service levels, and more.
Source: IndustryWeek.

8. https://manufacturing-software-blog.mrpeasy.com/week-48-in-
manufacturing-news/
https://www.mrpeasy.com/