Transforming Advanced Manufacturing Through Industry 4.0. McKinsey 6/27 “The last decade has seen companies operating under increasing levels of disruption. Quickly changing customer preferences, as well as demand uncertainty and disruptions, are challenging planning systems to unprecedented degrees. National security interests, trade barriers, and logistics disruptions are pushing businesses to find alternatives to globalized supply chains. […]
On the Wire | News and Analysis from the Web
Economic Indicators. US Census Bureau 6/3 NAM Pushes for Smart SEC Cyber Rule. NAM 6/3 “The U.S. Securities and Exchange Commission has proposed a rule that would impose new cybersecurity disclosure requirements on manufacturers—and the NAM is pushing to make those requirements work better. . . .” Productivity and Costs. Bureau of Labor Statistics 6/2 […]
White House Releases 100-Day Supply Chain Review
The Biden administration has issued a report entitled “Building Resilient Supply Chains, Revitalizing American Manufacturing, and Fostering Broad-Based Growth” (click here) that concludes the 100-day review required under Executive Order (E.O.) 14017 “America’s Supply Chains.” (click here). The review focused on four critical industries: (1) semiconductor manufacturing and advanced packaging; (2) large capacity batteries, including […]
On the Wire | News and Analysis from the Web for the Week of November 30
Managing a multigenerational team at a manufacturing company. The Fabricator 12/6 “Manufacturers in the U.S. find themselves in a challenging position as they try to find the right people to fill the job openings within their ranks. The generational gap has never been greater in the manufacturing workforce. . . .” Employers are ‘the spearhead’ to get […]
Federal Updates | Court Cases Impacting Manufacturers and Other Employers
The following updates are provided in cooperation with our national allies at NAM. NAM Calls on Court to Protect Spousal Work Permits. The NAM, along with the U.S. Chamber of Commerce and Information Technology Industry Council, is calling on the U.S. Court of Appeals for the D.C. Circuit to protect H-4 work permits for spouses […]
Federal Updates | New Proposed Federal Labor Rules
The following updates are provided in cooperation with our national allies at NAM. Proposed Rule: Regular Rate Under the FLSA. On March 29, DOL published a proposed rule on the regular rate under the Fair Labor Standards Act. This proposed rule would make clear what employers must include in the calculations of a nonexempt employee’s […]
On the Wire | News & Analysis from the Web for the Week of March 18
Casting a Wide Net to Attract Manufacturing Talent. IndustryWeek 3/21 “The light is a little too dim for Carolyn Lee, executive director of the Manufacturing Institute at the National Association of Manufacturers (NAM.) She wants the industry to shine a brighter light on itself and attract the recognition it deserves. . . .” U.S. labor market solid; manufacturing […]
Highlights of Recent Federal Developments Related to Labor and Workplace Issues
The following are recent notes on federal developments related to labor and workplace issues provided in cooperation with our national allies at NAM. For more information, contact us at info@aivt.org. EEOC Releases Preliminary FY 2018 Sexual Harassment Data The EEOC recently announced preliminary data for Fiscal Year 2018 regarding sexual harassment. The report notes that […]
New Federal Compliance Assistance Website: employer.gov
The US Department of Labor recently released a new website — www.employer.gov— as a resource for employers to have a plain language explanation of the various safety, contractor, discrimination, and wage laws that are applicable at the federal level. This new website joins the already existing worker website — www.worker.gov — that informs workers of the rights […]
On the Wire | News & Analysis from the Web for the Week of September 17
With its last easy decision, Fed will try to avoid adding fuel to the fire. MarketWatch 9/24 “Ask any Wall Street economist if the Federal Reserve will raise interest rates at its September meeting and the answer is “of course.” “For now, the FOMC appears comfortable with quarterly rate hikes,” said Michael Gapen, chief U.S. economist […]