Knowles Corporation

Supply & Demand Chain Executive | June 23, 2020

The top priority voiced by potential acquirers of small- and mid-sized manufacturers can be boiled down to the ways in which COVID-19 has affected the profit and loss of a target company. Excuses will not be accepted, even if an obvious reason for a decline in operating profit is a decline in sales. Several manufacturers during COVID-19 have actually experienced significant increases in sales revenues because the demand for U.S.-based suppliers has increased. The global supply cha...

Digital Transformation

Priefert | December 07, 2022

River Logic, a leading provider of advanced prescriptive analytics technology platform, announced that Priefert, a leading manufacturer and distributor of agricultural products, will use River Logic's Network Design Optimization technology platform as the company undergoes a digital transformation to improve efficiencies across all aspects of manufacturing. "River Logic's Production Scheduling Optimization solution provides us with more advanced capabili...

Symphony IndustrialAI | March 09, 2021

Symphony IndustrialAI announced the acquisition of Savigent, the IIoT, and digital workflow orchestration leader. This acquisition aims further to advance Symphony IndustrialAI's leadership into plant and supply chain processes. The combination of Savigent connected factory and process optimization capabilities and Symphony IndustrialAI solutions based on its advanced EurekaAI technology platform. It will assist the process and discrete manufacturing customers significantly to develop proces...

Innovation

LLumin | January 19, 2022

Four out of every five companies experience unplanned downtime. And that downtime significantly impacts the bottom line in manufacturing—costing companies as much as $260,000 per hour according to Aberdeen Research. To combat downtime, something that's increasingly difficult in an economy with ongoing labor shortages and supply chain challenges, companies are turning to advanced technologies to minimize and reduce downtime, using machine learning and predictive analytics...