There has been an increased reversal toward reshoring—bringing back more control to parts manufacturing, assembly, and distribution with local geographic areas closer to the corporation’s home ...
Currently 29% of U.S. manufacturing companies are outsourcing part of their new product development process, with 41% reporting that they are evaluating outsourcing options within the next 12-24 ...
Opinions expressed by Entrepreneur contributors are their own. Working on a new product is always an exciting and risky process, even when you have all the data suggesting that the product is a win.
Back in 2022, I wrote about the triple threat of additive, agility and automation—three forces that were already reshaping manufacturing and product development. Fast forward to 2025, and these trends ...
Imagine you're building an unmanned aerial vehicle (UAV), a cutting-edge electric vehicle or a self-driving car. Not long ago, this would’ve meant years of physical ...
Startups' ambitious AI-based new product development is driving AI-related investment with $16.5B raised in 2019, driven by 695 deals according to PwC/CB Insights MoneyTree Report, Q1 2020. AI ...
Honda announced plans to combine all of its automobile manufacturing and product development facilities in the U.S. into one new company, in similar fashion to the consolidation announced in February ...