IMEC

Recent Posts

10 Steps to Recession Proof Your Business

Posted by IMEC on Jun 7, 2022 9:00:00 AM

This article is written by OTB Solutions.

My clients are experiencing both prosperity and uncertainty. Many clients are having record-breaking sales and profits this year. Often the challenge now is meeting the growth in orders and hiring team members to support this growth. Sales leaders are happy, CEOs are happy and the shareholders are pleased we are meeting and often exceeding their growth objectives.

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Beyond Headlines: What to Do With the Latest Economic News

Posted by IMEC on May 19, 2022 2:13:39 PM

This article is provided by ITR Economics in partnership with IMEC.

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Cybersecurity and Industry 4.0 – What You Need to Know

Posted by IMEC on May 17, 2022 3:26:50 PM

This is an original article from the NIST Manufacturing Innovation Blog.

This blog is part one of a series on cybersecurity and Industry 4.0.

This morning my favorite local morning news program had an interesting segment on new slang words and what they mean. While the definitions were probably not necessary for Millennials or Generation Z, for Baby Boomers like me it was an eye-opening vocabulary lesson. I must admit I didn’t know what boujee meant, even though I had heard it a few times – like when my niece said the wine glasses I used at Thanksgiving were boujee.

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Cybersecurity for the Manufacturing Sector: Reduce Data Integrity Breaches with NIST SP 1800-10

Posted by IMEC on May 3, 2022 10:35:14 AM

This is an original article from the NIST Manufacturing Innovation Blog.

Industrial control systems (ICS) help manufacturers boost productivity, optimize efficiency and advance production lines. Historically, ICS networks were isolated from the information technology (IT) networks and internet, or “air gapped.” Today, air gapping is no longer an effective security strategy, and for various business reasons, many ICS manufacturing networks are now integrated with IT networks and connected to the internet. This makes ICS more vulnerable to cyber threats such as malware, malicious insider activity and human error.

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Is a Recession Looming? A Strong US Consumer Suggests Otherwise

Posted by IMEC on Apr 21, 2022 11:54:51 AM

This article is provided by ITR Economics in partnership with IMEC.

Consumers and businesses alike are expressing increasing concern over the possibility of a recession for the US economy in 2022 or 2023. Analysts have referenced rising interest rates, high inflation, and a brief inversion of a portion of the yield curve, among other datapoints, as evidence that may indicate upcoming contraction. We at ITR Economics are here to cut through the headlines and reassure you that the US economy will grow through at least 2024 – we do not anticipate a recession until 2026. Our forecast for US Real Gross Domestic Product (GDP) calls for a general slowing growth trend to culminate in relatively flat GDP around early 2023. The pace of growth will then pick up steam into 2024.

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2021 MEP National Network Impacts

Posted by IMEC on Apr 13, 2022 10:16:06 AM

The MEP National Network equips U.S. manufacturers with the tools and resources necessary to be competitive in today’s rapidly changing marketplace. With MEP Centers in all 50 states and Puerto Rico, U.S. manufacturers have easy access to comprehensive, proven solutions. In fiscal year (FY) 2021, the Network interacted with 34,307 manufacturers.

Below, you will find a summary of the nationwide 2021 impacts. 

To read about IMEC reported metrics for 2021, please click here

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The 6 Basics You Need for Successful Marketing

Posted by IMEC on Apr 6, 2022 11:44:55 AM

This article is written by Winsby.

From initial planning to analyzing the results

Marketing seems simple: you’re just spreading the word about your company, right? That doesn’t take much skill, right? Wrong and wrong.

Marketing requires more than just putting together an email or writing an ad. Marketing is a nuanced, multifaceted process that can overwhelm even the most successful business operators.

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How Manufacturers Are Using Online Marketing to Do More With Less

Posted by IMEC on Mar 30, 2022 11:00:41 AM

This article is written by StratMg.

Looking for ways to achieve consistent manufacturing sales growth? This post introduces B2B digital marketing strategies that we’ve seen generate more than $100M+ in sales for our industrial manufacturing partners. This method gets results!

So, if you’re seeking solutions for sustained manufacturing sales growth with less effort and time, read on!

Then, learn even more about putting digital marketing strategies into action in our manufacturing sales growth webinar produced in partnership with IMEC (the Illinois Manufacturing Excellence Center).

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Economic Fundamentals Matter Most, but War in Ukraine Poses Risks

Posted by IMEC on Mar 17, 2022 12:47:56 PM

This article is provided by ITR Economics in partnership with IMEC.

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Aligning Domestic Sourcing Efforts with Business Success

Posted by IMEC on Mar 8, 2022 3:51:21 PM

This is an original article from NIST Manufacturing Innovation Blog.

Disruptions in the global supply chain have led to a new dynamic for many small and medium-sized manufacturers (SMMs) – the need to be more strategic about “second sourcing” and reshoring. The biggest increase is in what’s referred to as second sourcing, which adds redundancies such as a second source of a supply to minimize risk while increasing options. But supply chain experts also are seeing an interest in relying long term on domestic supply sources. 

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