Manufacturing/page/3 news and trends

AI Explained: Computer Vision
artificial intelligence // May 28, 2024

Picture this: a world where cars drive themselves, shopping is as simple as grabbing and going, and medical diagnoses are made with superhuman precision. This is the world that computer vision is building, one algorithm at a time. The technology, which enables machines to interpret...

SAP Debuts New AI Offerings for Supply Chains
artificial intelligence // April 22, 2024

Enterprise application software company SAP has introduced artificial intelligence (AI) advances for its supply chain solutions. According to a Monday (April 22) news release, SAP said these AI-driven insights from real-time data will help its customers use their own data to make better decisions across supply chains,...

ADP: Job Switchers See 10% Jump in Wages
Economy // April 03, 2024

ADP’s latest employment report shows a jump in raises for people switching jobs. While year-over-year pay increases last month for people who stayed at their jobs were flat after months of continued slowing, gains for people changing jobs jumped “dramatically” to 10%, the second straight monthly increase, according...

Manufacturing Activity Climbs After 16-Month Contraction
Economy // April 01, 2024

Manufacturing activity in the United States rose in March for the first time in more than a year. The Institute for Supply Management’s monthly report on business, released Monday (April 1), showed output growth of 54.6%, the strongest reading since June 2022. “Demand remains at the early...

Interviews & Exclusives
How the B2B Metaverse Opportunity Enables Tomorrow’s Industrial Economy

June 17, 2024
As innovative technologies become more commonplace, the opportunity to unlock value becomes more accessible. And with the news Friday (June 14) that industrial metaverse company DataMesh raised a new funding round to develop its enterprise metaverse platform, tapping into the potential that digital ecosystems offer is top of mind for forward-thinking firms, particularly those in […]

Real-Time Payments Set to Replace Checks, ACH in the Manufacturing Industry

December 14, 2023
The manufacturing industry is on the verge of a major transformation in payment practices, PYMNTS Intelligence revealed. The report “Corporate Changes in Payment Practices: Manufacturing Companies Embrace Real-Time Payments,” a...

Manufacturers Favor Digital Giants Over Banks to Deliver Real-Time Payments

December 07, 2023
The manufacturing sector is undergoing a significant transformation in its payment practices, with a growing emphasis on real-time payments. In fact, instant payments have emerged as the leading method for...

Nearly 9 in 10 Manufacturers See Real-Time Payments a 2024 Priority

November 22, 2023
Real-time B2B payments are transforming industries in which the number of payment transactions is very high — such as the manufacturing sector. According to a recent PYMNTS Intelligence research in...

Quick Reads
SAP Debuts New AI Offerings for Supply Chains

April 22, 2024
Enterprise application software company SAP has introduced artificial intelligence (AI) advances for its supply chain solutions. According to a Monday (April 22) news release, SAP said these AI-driven insights from real-time data will help its customers use their own data to make better decisions across supply chains, streamline product development and make manufacturing more efficient.  “Businesses today […]

ADP: Job Switchers See 10% Jump in Wages

April 03, 2024
ADP’s latest employment report shows a jump in raises for people switching jobs. While year-over-year pay increases last month for people who stayed at their jobs were flat after months...

Manufacturing Activity Climbs After 16-Month Contraction

April 01, 2024
Manufacturing activity in the United States rose in March for the first time in more than a year. The Institute for Supply Management’s monthly report on business, released Monday (April 1), showed...

CADDi Raises $89 Million to Expand Procurement Platform and Cloud Service

July 05, 2023
CADDi has raised $89 million in Series C funding for its solutions for the manufacturing sector. The company will use the new funding to enhance the capabilities of both its parts-procurement...