Before the pandemic struck, the U.S. government recognized the dangers of dependence on foreign sources from critical equipment and technology. Back in 2018, the Defense Department issued a report, Assessing and Strengthening the Manufacturing and Defense Industrial Base and Supply Chain Resiliency of the United States, that identified our nation’s industrial base vulnerabilities and outlined a blueprint for action in support of a healthy industrial base and resilient defense.

The United States is consistently ranked as the top destination for foreign direct investment.  A major portion of that investment is in the manufacturing sector. As the world responds to the pandemic by adopting more nationalist policies and deglobization accelerates, the inflow of FDI is expected to significantly decrease. 

September 14-18, 2020
Mark your calendar for the IMTS Network broadcast!

For five days in September, the IMTS Network will stream binge-worthy programming with live broadcasts highlighting the latest transformative technologies, critical industry insights, and inspiring stories and profiles. Get ready to be energized and inspired!

August 14, 2020, to March 15, 2021
Explore new products, learn about the latest technologies, and meet industry experts on IMTS Spark—your digital destination to strengthen your manufacturing business, knowledge, and network. Ignite your manufacturing journey!

To avoid disruptions in production, more companies are taking a cue from Walmart and Amazon. They are using Vendor Managed Inventory or outsourcing inventory for someone else to manage to ensure the right product goes to the right person at the right time.