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Ten fellows of the L’Oreal USA For Women in Science program receive grants to fund mentoring projects in their communities.

The L'Oréal USA For Women in Science program chose 10 winners of its Changing the Face of STEM (CTFS) mentoring grants. The projects awarded exemplify a broad range of activities and partnerships focused on mentoring and engaging girls and women in science, technology, engineering and math (STEM), from preschool to graduate school. The $2,500 grants will help fund STEM programs throughout the country.

"Inspiring the next generation of women in STEM is a key component of the For Women in Science program," says Lauren Paige, vice president of public affairs and strategic initiatives at L'Oréal USA. "We are proud to build on this commitment through our Changing the Face of STEM grant program and support our fellows in their efforts to promote STEM education in communities across the country."  

Profitability

Technologies Move beyond Operations to Transform Sales and Marketing

By Stefan Guertzgen

The chemical industry is at a crossroads. Faced with market unpredictability, increased regulations and products that are quickly moving toward commoditization, it is becoming increasingly difficult to maintain reasonable margins. A few companies are finding success by developing break-through products, but true revolutionary innovations are hard to uncover. Instead, most chemical manufacturers have responded by reducing costs with operational efficiencies. One area that is often overlooked, however, is sales and marketing. This department continues to deploy traditional approaches to selling, despite rising expenses. In fact, a recent study from McKinsey indicates that average sales, general and administrative (SG&A) costs increased by as much as 10% over the last decade. Fortunately, new technology solutions and data analytics are offering surprising models for selling products and related services. With these new strategies, chemical companies are finding it is possible to preserve margins while adding new revenue streams. 

Northeast

The New Jersey Manufacturing Extension Program spent National Manufacturing Day celebrating some key players in the state’s industry.

Five New Jersey-based companies and one individual, out of 24 finalists, were recognized for their contributions to the Garden State’s $44.5 billion manufacturing industry during New Jersey Manufacturing Extension Program Inc. (NJMEP)’s sixth annual “Made in New Jersey” Manufacturing Day. The event, which coincided with National Manufacturing Day and Manufacturing Week, took place October 6th at The Bridgewater Marriott and drew about 500 attendees including manufacturers, legislators, students and supporters.

Midwest

A lack of integration stands between manufacturing companies and digital transformation benefits of IoT.

The more a manufacturing operation is equipped to meet and understand the Internet of Things (IoT), the more competitive it will be going forward. A new study, however, shows that most manufacturers are not equipped in this way at this time. IFS, a global enterprise applications company, conducted a survey among 200 IoT decision makers at industrial companies in North America, and only 16 percent of respondents consume IoT data in enterprise resource planning (ERP) software. That means 84 percent of industrial companies face a disconnect between data from connected devices and strategic decision making and operations, limiting the digital transformation potential of IoT.

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International

The Mohammed bin Rashid Initiative for Global Prosperity aims to use open innovation to forge greater collaboration and benefit the world economy.

Following the announcement made at the Global Manufacturing & Industrialization Summit (GMIS) in Abu Dhabi earlier this year, His Excellency Dr. Thani Ahmed Al Zeyoudi, UAE Minister of Climate Change and Environment, unveiled the Mohammed bin Rashid Initiative for Global Prosperity at an interactive session on Innovation and Technology during the United Nations General Assembly (UNGA 72) in New York.

“The Initiative for Global Prosperity is a gift from His Highness Sheikh Mohammed bin Rashid Al Maktoum, vice president and prime minister of the UAE and Ruler of Dubai, aimed towards manufacturing innovation that serves humanity and promotes global prosperity,” says Dr. Al Zeyoudi.

AHRExpo

The AHR Expo attracts the entire HVACR industry, and honors those who bring innovation to the industry. 

The AHR Expo (International Air-Conditioning, Heating, Refrigerating Exposition) is the world’s largest HVACR event and the industry’s annual chance to highlight its biggest and brightest advances. The 2018 event takes place at Chicago’s McCormick Place on Jan. 22 to 24, and is expected to draw in more than 2,000 exhibitors and 65,000 attendees. The show considers itself a unique forum for the entire HVACR industry, including OEMs, engineers, contractors, manufacturers, distributors, facility operators and educators.

Washington

EPA Issues Final TSCA Inventory Notification Rule

By Lynn L. Bergeson

On June 22, 2017, the U.S. Environmental Protection Agency (EPA) issued the final inventory notification rule under the amended Toxic Substances Control Act (TSCA). The rule establishes an electronic notification of chemical substances listed on the TSCA Inventory that were manufactured/imported for nonexempt commercial purposes during the 10-year time period ending on June 21, 2016, with provision to also allow processor notification. These notifications will be used to distinguish "active" from "inactive" substances. A summary of this rule follows.

SupplyChain

Wireless power is becoming increasingly important in the supply chain

By Alex Gruzen

Contrary to what people think, print isn’t dead. In fact, printed books are the most commonly purchased products on the internet. But when you click “Purchase A Song of Ice and Fire,” have you ever really considered the steps those five books take to go from a shelf in a warehouse to a package on your stoop, and perhaps how that process can be streamlined so it gets delivered to you even faster?

Supply chains have shortened as technological innovations and the IoT have allowed for steps to be digitized (or removed all together). Many of the most impactful advancements – including robots that can lift and move heavy items in the warehouse and autonomous vehicles that can deliver products across the country without having to stop and charge – are still limited, however, by one thing: a power cord.

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