MANUFACTURING TIDBITS
2022 Predictions That Most Impact the Industrial Sector by TR Cutler
2022 industry prediction articles will be everywhere, so a jumpstart is needed. There is nearly universal agreement that the supply chain woes will not disappear any time soon. More than 1000 manufacturing CEOs of mid-sized companies report dealing first-hand with supply chain issues, recognizing inflation as a major driver. Costs skyrocket on labor rates, container shipping, and manufacturing parts. With wage pressures and high demand for shipping,
inflation will continue to rise and supply chains will struggle through much of 2022. To no one’s surprise, the future of e-commerce is on the smartphone. The COVID-19 pandemic pushed paper money into the background for most transactions, and reliance on mobile payments became ubiquitous. People rely on phones to take advantage of in-store AR capabilities and compare product prices.
Fixed wireless is the next big thing. Cell phones have historically operated on low-band signal, but as 5G proliferates, 2022 will see a huge rollout of mid-band signal. Carriers have been making major investments in mid-band technology for one particular use: fixed wireless replacement. The ability to access the Internet at business through only a wireless connection will be made possible with mid-band technology, and will benefit customers with faster speeds at low costs as carriers scramble to compete on price. continued
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Manufacturing Outlook / November 2021