U.S. manufacturing activity near 1-1/2-year high, factory job losses persist; Staring At A Crisis, U.S. Manufacturers Must Embrace Technology – And Risk; UK, Eurozone Factories Bounce Back; ‘Antifragility’ Meets Manufacturing: Turning Crisis Into Opportunit. #usmanufacturing #ukmanufacturing #eurozone #manufacturing #manufacturingnews #manufacturingsoftware #mrpsoftware #mrpsystem #mrpeasy

1. WEEK 32 IN MANUFACTURING
NEWS

2. U.S. manufacturing activity near 1-1/2-year high, factory job losses persist;
Staring At A Crisis, U.S. Manufacturers Must Embrace Technology – And Risk; UK,
Eurozone Factories Bounce Back; ‘Antifragility’ Meets Manufacturing: Turning
Crisis Into Opportunit.

3. U.S. manufacturing activity accelerated to its highest level in nearly 1-1/2 years in July as
orders increased.
The survey from the Institute for Supply Management (ISM) on Monday shows hiring at
factories remaining subdued for a year now. About 72% of industries reported growth last
month.
Source: Reuters.
U.S. Manufacturing Activity Near 1-1/2-
Year High, Factory Job Losses Persist

4. If manufacturers want to survive and to thrive when the economy picks up again, they must
start investing in technology. That will be difficult not only because it will require new
spending when revenue is depressed but also because for many of them, the learning curve
will be steep. And many small manufacturers will have to overcome their natural risk
aversion.
Source: Forbes.
Staring At A Crisis, U.S. Manufacturers
Must Embrace Technology – And Risk

5. Stock markets around the world are pushing higher, with the UK’s FTSE 100 index up 1.86%,
Germany’s Dax 2.4% ahead and France’s CAC rising 1.78%. On Wall Street, the Dow Jones
rose 0.46%, the S&P 500 advanced 0.5% and the Nasdaq gained 1.2% to 10,876.
Final PMI survey readings showed factories in the US, UK and eurozone bouncing back last
month. In the UK, manufacturing output grew at the fastest rate since 2017 last month while
in the eurozone, production was the highest since April 2018.
Source: The Guardian.
UK, Eurozone Factories Bounce Back

6. Modern manufacturers need to make investments in understanding their customer demand
as well as their visibility into inventory, supply chain availability, and performance.
All manufacturers should be able to answer basic questions about their supply chains: How
long will it take to respond to a surge or drop in customer demand? How many components
are set aside for you on a daily or hourly basis? If you need a second source, how much
capacity will they have?
Source: Forbes.
‘Antifragility’ Meets Manufacturing:
Turning Crisis Into Opportunity

8. https://manufacturing-software-blog.mrpeasy.com/week-32-in-
manufacturing-news-2/
https://www.mrpeasy.com/