The solution to Supply Chain challenges

June 10, 2022

The solution to Supply Chain challenges
Hi all!
Summer has finally hit the NorthEast, and the various outdoor events we attended around Boston and Western Massachusetts have been fantastic.

It's just so good to meet many of you face to face again and enjoy a beer and some food together.

Talking about summer fever, some things will just never die...

DeLorean reveals Alpha 5, a performance EV with Back to the Future vibes.

This Operations Update is provided with support from:
The State of Manufacturing
The Manufacturing PMI Index recorded 56.1% in May. New Orders remain firm on a growth trajectory.

The latest market signals (GDP growth) indicate that this will be softening.

As NPA predicted last month; supplier deliveries continue to slow and we expect this to get worse over the summer months.
Check out this article if you want to know the Drastic Measures some OEMs take to keep their production lines going.

NPA's customers get up-to-date specific Supply Chain insights, and we take balanced and preemptive action to avoid drastic measures.
NPA has had a 100% success rate over the past 2.5 years.
Contact us if you have trouble sourcing components or materials.
We absolutely love MassRobotic's focus on diversity and its programs that foster the next generation of engineers.

MassRobotics is accepting nominations for the Robotics Medal 2022.

The prize will be given to a Female Researcher for substantial achievements, contributions, and impact in the field of robotics. Apply here by July 15th.
Off the clock with women in Robotics Boston and Ava Robotics on Tuesday, Jun 14.

The event will be held at the MassRobotics office. RSVP and details here.
The co-founder of MassRobotics, Fady Saad, announced the launch of its robotics-focused VC firm Cybernetix Ventures.
The Greentown Go Make 2022 is now accepting startup applications through Aug 9 here.

They are seeking applications from innovative startups striving to decarbonize entire supply chains.
SparkCharge, an NPA startup to watch alumni, and producer of portable electric vehicle charging stations, raised $23 million last month in a Series A funding round. Congrats Josh and team!
Two Boston Robotics software companies raised $40m last month.

Realtime Robotics raised $19.8 million in an equity round from 32 investors.

Boston-based startup RGo Robotics exits stealth mode with a $20 million funding round.

Think it's hard to get VC dollars in the US?....China tumbled 44% in the first four months of the year.

Nearly double the rate of the US.
The best Hardware Startups in New England.
Flexxbotics announced that it has completed its $2.9 million Series A funding round. The goal is to accelerate the global commercialization of their cloud-based manufacturing management software platform.

GenH was selected to LACI’s Fourth Incubation Cohort as a game-changing cleantech startup. Congratulations!
Our monthly survey

In our May survey, we asked what are your priorities for 2022 regarding workforce strategy.

The results of our readers showed that prioritizing diversity and inclusion as a business strategy and returning all professionals back to the office are the top priorities, with 19% of the votes each.
In a leaked email from Elon Musk titled “Remote work is no longer acceptable," the billionaire stated that everyone at Tesla is required to spend a minimum of 40 hours in the office per week, and the people who are unwilling to abide by the new rules can "pretend to work somewhere else."
Do you agree with Elon's statement?
Yes, everyone should be back at the office.
Yes, but only for executives.
No, a hybrid approach is the best practice.
No, remote work is here to stay.
A gamer's dream. 1.1 exaflops or, for more normal folks, one quintillion (1,000,000,000,000,000,000) calculations per second. That's "Frontier," the world's fastest supercomputer, in Nashville.
NY State is giving out robots as companions for the elderly. Glad my parents don't live in NY. I can hear it now: "J, it said I need to go to sleep; how do I shut it off." "J, are you there? Now it's saying I should eat. J...J GreatIdeaGoneWrong
(Source: The Verge)

Las Vegas’ Elvis weddings are in jeopardy. The licensing company that controls the name and image of "The King" are ordering operators to stop using him in themed weddings. CryingInTheChapel (Source: CNN)
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