What’s Going on in Aerospace?
Here are some of the latest developments in aerospace news from this week:
Supply Chain
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The Latest in Military News and the Impact to Global Supply Chains
The latest military developments underscore the need for a resilient, secure, and efficient supply chain to support modern military operations and strategic objectives. Suppliers and logistics providers must prioritize adaptability, technological integration, and security to effectively support the evolving needs of the military. If you want to learn more, book your consultation today at Book…
The Latest News on Aerospace
Commercial and Defense Aviation: The aerospace and defense (A&D) industry is witnessing robust demand. On the commercial side, air travel continues to surge past pre-pandemic levels, driving increased demand for new aircraft and aftermarket services. In the defense segment, geopolitical instability is pushing up the demand for defense products and services. Companies are focusing on…
The Latest News on Robotics
The robotics industry continues to evolve rapidly with significant investments and technological advancements. From brain-controlled prosthetics to the integration of generative AI, the focus is on enhancing efficiency, safety, and functionality. Events like Robotics Invest 2024 and new guidelines for humanoid robots demonstrate the global effort to advance robotic technologies and their applications across various…
Honeywell acquires Air Products
Honeywell recently completed the acquisition of Air Products’ natural gas technologies business, integrating it into Honeywell UOP, its Gas Processing and Hydrogen business unit. This acquisition includes advanced technologies for the recovery of natural gas liquids (NGLs) and sulfur from natural gas streams and refinery feedstocks, respectively. The specific terms of the deal were not…
Skilled Labor Shortage in the US
The skilled labor shortage in the United States remains a significant challenge, impacting various trades and industries. This shortage is largely driven by the retirement of baby boomers, the lingering effects of the COVID-19 pandemic, and cultural stigmas surrounding vocational training. Key Trades in Need Factors Contributing to the Shortage Strategies to Address the Shortage…
The Latest on Copper
Price Trends and Projections Copper prices have been experiencing significant upward momentum, driven by increasing demand and supply constraints. As of mid-2024, copper futures on COMEX have traded at around $5 per pound, marking a substantial rise from earlier levels. Analysts from Citi project that copper prices could average around $10,000 per metric ton by…
Forecasting Strategies
Here’s a simplified view of forecasting strategies tied to volume and demand variability from Steve Clarke’s upcoming book “Lean Forecasting Demystified”. Pre-order your copy today at Amazon.com: Lean Forecasting Demystified: Minimize Supply Chain Waste, Maximize Value eBook : Clarke, Steve: Kindle Store.
Apple Intelligence and Your Business
After the unprecedented collab was announced between AI super-power–OpenAI– and Apple, the hype is building for Apple’s smarter Siri — Apple Intelligence — release in the Q1 2025. Apple Intelligence offers a wide array of AI and ML technologies that can significantly enhance business operations across various industries. By leveraging these technologies, businesses can improve…
AI x Global Supply Chain
Superintelligent AI has the potential to revolutionize the global supply chain by enhancing efficiency, improving decision-making, and driving innovation. However, it also presents challenges that need to be carefully managed to ensure ethical use and equitable benefits. The challenges of AI are discussed in detail in Lex Fridman’s podcast with Roman Yampolkiy. You can watch…
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