COVID-19 has completely disrupted the entire manufacturing industry. The demand for products has changed drastically. Many manufacturers are getting an increase in orders from one business and a significant decrease from others, affecting relationships with suppliers and customers.
2020 continues to be a year of turbulent change. This is as true in the world of manufacturing as it is in the rest of society. Keeping up to date on manufacturing trends can help professionals in the industry understand how to succeed in these changing times. Here are a few of the most important trends to know about right now.
America let China and other countries make great gains by being places where things are made cheap. Cars, toys, computer chips and medicine are just a few examples of things we farm out to other countries. But so much of that is changing due to COVID-19.