The Buzz 1: The United Nations website (sdgs.un.org) focuses on sustainable manufacturing as a form of manufacturing development that meets ‘the needs of the present without compromising the ability of future generations to meet their own needs.’ The U.S.

The Buzz 1: Electric cars lost their image of being flimsy, slow and perhaps slightly embarrassing a long time ago.

The Buzz 1: Electric cars lost their image of being flimsy, slow and perhaps slightly embarrassing a long time ago.

The Buzz 1: “Prior generations took pride in owning products, but current and future generations are very different; they just want to use the product.” (Prof.

The Buzz 1: “Prior generations took pride in owning products, but current and future generations are very different; they just want to use the product.” (Prof.

The Buzz: “A business network is a complex network of companies, working together to accomplish certain objectives…The collaborating companies in a business network are not bound by location, size, sector, or number.

The Buzz: “A business network is a complex network of companies, working together to accomplish certain objectives…The collaborating companies in a business network are not bound by location, size, sector, or number.

The Buzz 1: “Gigafactories” [battery factories for electric cars] could one day be churning out millions of electric vehicle batteries in the UK.

The Buzz 1: “Gigafactories” [battery factories for electric cars] could one day be churning out millions of electric vehicle batteries in the UK.

The Buzz 1: “Supply chains are everywhere. From the biggest company in the world to running your household. We all have supply chain experience even if we don’t know it.

The Buzz 1: “Supply chains are everywhere. From the biggest company in the world to running your household. We all have supply chain experience even if we don’t know it.

The Buzz: “Spare parts are the engine in the aftermarket. In the interest of your customers you want to make sure that it does not sputter.

The Buzz: “Spare parts are the engine in the aftermarket. In the interest of your customers you want to make sure that it does not sputter.

The Buzz 1: Outcome selling is a framework that prioritizes a customer’s desired outcomes, rather than simply pushing the sale of your product. Outcomes are long-term gains that result from a product’s benefits. [blog.hubspot.

The buzz: “Despite the gloom, the auto industry is far from stagnant. The next decade will be one of its biggest yet.

The buzz: “If I could wave a magic wand and entice young girls and diverse ethnicities to come racing to automotive and mobility because it is so very exciting and sexy, I’d do it tomorrow. We all need to work together as an industry.

The buzz: “Countries that currently possess or are investing actively in the skills, capital, and infrastructure of the future are the ones that will dominate global manufacturing in the years ahead.” (www.brookings.

The buzz: “Countries that currently possess or are investing actively in the skills, capital, and infrastructure of the future are the ones that will dominate global manufacturing in the years ahead.” (www.brookings.

The buzz: "How has the crisis changed automotive decision-makers' thinking around preparedness, global integration, and handling the “unknown unknowns” of the global economy?" https://car.live.ft.

The buzz: “The potential value unlocked by AI in helping design out waste in a circular economy for food is up to $127 billion a year in 2030…for consumer electronics is up to $90B a year in 2030.” mckinsey.com As industrial manufacturers begin or continue to embrace innovative technologies, important challenges emerge. What role does a commitment to sustainability play in their business decisions, especially in the current business climate? If they decide to contribute to the circular...

The buzz: “A new future is being written for the automotive industry. Companies which have spent decades perfecting the production of vehicles are now reinventing themselves as mobility services providers in favor of environmental sustainability. Old paradigms are not valid anymore, disruptions enforce the change: new technologies, sustainability needs, environmental regulations.” (capgemini.com) Yes, being an automotive supplier has never been more challenging. COVID-19 has disrupted...

“In 2018, manufacturers began the shift toward servitisation…from selling products to selling the outcome or value that products deliver and guaranteeing product uptime…The transformation process doesn’t happen overnight. However, the benefits of servitisation are incredibly attractive.” (supplychaindigital.com) Yes, industrial manufacturers were shifting towards new business models before the coronavirus global pandemic. But now it’s even more important to ensure the relationship with their...

The buzz: “A shift toward customer-centricity seems like a no-brainer. Where the vast majority of manufacturers struggle is understanding what a customer-centric strategy means. To simplify the primary objective of moving to a customer-centric based strategy, manufactures should develop products, content, how-to videos, packaging and systems… for the end-user of the products and ultimately create a direct relationship with them” (dorngroup.com). Manufacturers increasingly need to focus on the...