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The Today in Manufacturing Podcast is brought to you by the editors of Manufacturing.net and Industrial Equipment News (IEN).
This week's episode is brought to you by the fintech pioneers at Klear. When demand outpaces the funding needed to sustain growth, manufacturers run into what is known as the “success trap."
The success trap is all too common. Enterprises invest heavily to fill orders while waiting weeks for payment. This dynamic can create a deficit in working capital that forces many to make decisions that lead to delivery delays and frustrated customers.
Check out this report, "The Success Trap: Why Fast-Growing Manufacturers Fail," to learn how manufacturers can avoid these types of barriers in growing their business.
Every week, we cover the three biggest stories in manufacturing, and the implications they have on the industry moving forward. This week:
- Stellantis Sells Half of $3.7B EV Battery Plant for $100
- Waymo Workers in Philippines Are Helping Stumped 'Driverless' Cars
- Rockwell Automation Picks City for New Million-Square-Foot Manufacturing Facility
In Case You Missed It
- Honda Developing Energy Efficient AI Chip to Help Eliminate Vehicle Crashes
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- Smart Underwear Could Help Treat Intestinal Health Issues
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