In a recent survey, 64% of manufacturers surveyed plan to reshore some production as the COVID-19 crisis has exposed their vulnerability to global supply chains and the JIT inventory model.
A weekly pandemic index of industrial distributors showed an 8.5% revenue decline the week of June 12, breaking an improving trend.
CVS is adding DoorDash to its stable of same-day delivery partners and now offers on-demand delivery of more than 3,000 non-prescription items.
With historical data of little use in projecting supply chain demands amidst the disruption of the pandemic, companies are looking to digital technology such as artificial intelligence, the Internet of Things, blockchain and advanced analytics for real-time demand sensors.
A higher-than-expected 1.5 million people filed for unemployment last week, the 13th straight week of a million-plus claims during which more than 45 million have filed. Those receiving benefits edged down slightly to 20.5 million people.
Removing New York from the calculations, the U.S. five-day average infection rate per 100,000 people has risen from 6.2 to 7.5.
More than 100 million consumer loans of various types were in forbearance at the end of May.
The Secretary of Commerce said that talks among over 100 countries to agree on international tax rules for corporations are at an impasse, raising prospects for tax and trade disputes in the wake of the pandemic.
The COVID-19 crisis will have worse economic impacts than the Great Recession and could wipe out $16 trillion in global wealth, impair growth prospects for half a decade, and widen the gap between haves and have-nots, according to Boston Consulting Group.
Unlike other recessions, which tend to dampen migration, COVID-19 is prompting many to relocate from U.S. cities and big job markets for more favored locations where they can work remotely.
Employee testing is a financial and emotional burden for many small businesses that lack the financial horsepower of larger companies.
U.S. automakers have experienced no significant COVID-19 outbreaks since they reopened, providing encouragement that their safety protocols are working.
Fiat Chrysler is canceling summer shutdowns at several North American plants due to unexpectedly strong demand.
An expected 14% decline in demand for lithium batteries for e-vehicles this year will not slow their development, with growth of nine-fold expected by the end of the decade. Battery prices have fallen 87% in the past 10 years, bringing electric vehicle prices close to parity with traditional vehicles.
With no national standards for safety protocols on flights, airlines are taking different approaches, creating concerns for passengers.
Total confirmed cases exceeded 8.4 million globally with more than 450,000 fatalities.
International
China said it has contained the latest outbreak in Beijing, where 158 have been infected after two months with no new cases in the nation’s capital and second largest city.
Germany, facing sporadic COVID-19 outbreaks, extended social-distancing rules and a ban on large gatherings until October.
The European Union plans to block foreign firms that receive state support and subsidies from acquiring EU firms, a move largely aimed at China.
COVID-19 has prompted big changes in major cities, disparately impacting wealthy and poor neighborhoods, hammering public transit, reducing driving and ridesharing, shifting traffic patterns, and increasing bicycling and bike-sharing.
Families of infected in Peru are resorting to the black market to buy life-saving oxygen at astronomical prices.
The U.S. Department of State issued a level 2 travel advisory for Mexico, warning of the spread of COVID-19 and crime risk in some areas.
Our Operations
Our 3D Printing team has designed innovative tools to assist us in eventually reopening our offices, including a hands-free dispenser for hand sanitizer, a low-contact thermometer, and a multi-purpose tool for opening doors and completing other tasks.
Our white paper on materials selection for medical devices, referenced during last week’s webinar, is available here.
For clients seeking the convenience of accessing order status, order history, invoices, bills of lading and other information online, contact Tara Cutaia, Director of Client Experience, to sign up for our proprietary MHX app.
We and selected third-parties use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL third-party cookies. For more details about cookies and how we use them, read the full Data Privacy Policy.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience. For more details about cookies and how we use them, read the full Data Privacy Policy.
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
Cookie
Duration
Description
cookielawinfo-checkbox-advertisement
1 year
Set by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Advertisement" category .
cookielawinfo-checkbox-analytics
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional
11 months
The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy
11 months
The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Cookie
Duration
Description
__cf_bm
30 minutes
This cookie, set by Cloudflare, is used to support Cloudflare Bot Management.
bcookie
1 year
LinkedIn sets this cookie from LinkedIn share buttons and ad tags to recognize browser ID.
bscookie
1 year
LinkedIn sets this cookie to store performed actions on the website.
lang
session
LinkedIn sets this cookie to remember a user's language setting.
lidc
1 day
LinkedIn sets the lidc cookie to facilitate data center selection.
UserMatchHistory
1 month
LinkedIn sets this cookie for LinkedIn Ads ID syncing.
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Cookie
Duration
Description
_ga
2 years
The _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors.
_ga_S6SF7JZ2WY
2 years
This cookie is installed by Google Analytics.
_gat_UA-7828007-1
1 minute
A variation of the _gat cookie set by Google Analytics and Google Tag Manager to allow website owners to track visitor behaviour and measure site performance. The pattern element in the name contains the unique identity number of the account or website it relates to.
_gcl_au
3 months
Provided by Google Tag Manager to experiment advertisement efficiency of websites using their services.
_gid
1 day
Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously.
CONSENT
2 years
YouTube sets this cookie via embedded youtube-videos and registers anonymous statistical data.
vuid
2 years
Vimeo installs this cookie to collect tracking information by setting a unique ID to embed videos to the website.
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Cookie
Duration
Description
_fbp
3 months
This cookie is set by Facebook to display advertisements when either on Facebook or on a digital platform powered by Facebook advertising, after visiting the website.
fr
3 months
Facebook sets this cookie to show relevant advertisements to users by tracking user behaviour across the web, on sites that have Facebook pixel or Facebook social plugin.
IDE
1 year 24 days
Google DoubleClick IDE cookies are used to store information about how the user uses the website to present them with relevant ads and according to the user profile.
personalization_id
2 years
Twitter sets this cookie to integrate and share features for social media and also store information about how the user uses the website, for tracking and targeting.
test_cookie
15 minutes
The test_cookie is set by doubleclick.net and is used to determine if the user's browser supports cookies.
VISITOR_INFO1_LIVE
5 months 27 days
A cookie set by YouTube to measure bandwidth that determines whether the user gets the new or old player interface.
YSC
session
YSC cookie is set by Youtube and is used to track the views of embedded videos on Youtube pages.
yt-remote-connected-devices
never
YouTube sets this cookie to store the video preferences of the user using embedded YouTube video.
yt-remote-device-id
never
YouTube sets this cookie to store the video preferences of the user using embedded YouTube video.
yt.innertube::nextId
never
This cookie, set by YouTube, registers a unique ID to store data on what videos from YouTube the user has seen.
yt.innertube::requests
never
This cookie, set by YouTube, registers a unique ID to store data on what videos from YouTube the user has seen.