Quotables and By the Numbers: Aug. 2020

Climate, packaging, medical device security, and more.

Aug 31st, 2020

Scroll through the images above (arrows at bottom of images) for recent quotes and stats.

According to the latest from PMMI Business Intelligence, STATE OF THE INDUSTRY U.S. PACKAGING MACHINERY REPORT, the slowing of patent expiries and rise of drug launches are expected to stimulate growth in the pharmaceutical industry and demand for packaging machinery. Download the FREE executive summary at State of the Industry 2020 (PMMI members can view the full report for free.)

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Further reading

Brands Keep Pace by Eliminating Racist Packaging Imagery

Competitive Drugs Demand Innovative Delivery Devices

Climate Change Interest Isn’t Ideology, It’s Economics

Ambient Devices Getty Image

Quotables and By the Numbers: November 2021

From choosing a mentor to DSCSA readiness to the printed sensor market, quotes and stats in healthcare packaging and logistics.

3 Healthcare Packaging Updates from PACK EXPO Las Vegas

On this Take Five video, Pat Reynolds showcases three package design innovations from PACK EXPO Las Vegas in pharmaceuticals, personal care, and child-resistance for cannabis.

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Workforce Issues Around Women and Remote Work

PPWLN discusses how to incentivize women back into the workplace, increase overall diversity in the workforce, and manage our new world of work. Watch highlights from the panel on this Take Five with Healthcare Packaging video.

Women, E-comm, and Collaborative Tech Shape a New Way of Working

An expert panel at the Packaging & Processing Women’s Leadership Network discussed women and remote work, as well as solutions for adapting to pandemic-era consumer buying trends. Read, watch, or listen to the conversation.

1912: James T. Greely invented the first real disposable syringes and patented their design in 1912. Merck legacy company H.K. Mulford used his patented technology for their Mulford Hypo-Units ready-to-use, sterile disposable syringes. They became ideal for use on the battlefield during World War I. (Credit: Merck Historical Archives)

A Walk Down 'Life Science Packaging' Memory Lane at PACK EXPO Las Vegas

In pictures: If you missed the PACK to the Future exhibit at PACK EXPO Las Vegas, scroll through for a look at some of the life sciences moments on display.

Kilmer Innovations in Packaging

KiiP is an industry initiative ‘solving wicked problems in healthcare packaging.’ They’re gathering passionate team members to tackle nebulous topics, ultimately improving patient safety.

State Of Industry 2

Global Economy Passes Pre-COVID GDP as Business Investments Pick Up; Risks Remain

After a 3.5% contraction in 2020, global real GDP is projected to increase 6% in 2021, its strongest advance since 1973, but there are still potential risks.

There are seven areas currently trending in the U.S. packaging machinery market.

Top Seven U.S. Packaging Machinery Trends in 2021

According to a new report by PMMI Business Intelligence, there are seven areas currently trending in the U.S. packaging machinery market.

PMMI Business Intelligence: Mexico Packaging Market

Investment in Packaging Machinery Maintains Positive Growth Trend in Mexico

The most recent business intelligence report drafted by PMMI about investment in packaging operations in Mexico confirms growth during the second quarter and projects significant increments for the following months.

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Supply Chain Digitalization is a Source of Differentiation for High Performing Organizations

A University of Tennessee study shows that high performing organizations are two and a half times more likely to say their supply chain digitalization efforts are the source of differentiation for them in the marketplace.

Technical Workforce Development Trends Within Manufacturing | Unilever Deodorant Package Prototype Embodies Inclusiveness

On today's Take Five, NAM initiatives reach out to minority communities to fill the demand for a quality workforce; apprenticeships to train current workforce are on the rise. Discover how Unilever's new package is in itself a gesture of inclusivity.

Your CDMO Partner for Finished Products

Your CDMO Partner for Finished Products

When your development, manufacturing, packaging, quality, and delivery needs call for an all-inclusive partner, Sovereign Pharmaceuticals is here. We offer the highest quality contract manufacturing solutions.

Last year's salary freezes are thawing, and compensation optimism is slowly but surely heating up.

2021 IoPP Salary Survey: Salary Freezes Begin to Thaw. How Does Your Compensation Compare?

After a flat salary year in 2020 with heightened uncertainty and worry about both traditional salary increases and bonuses, 2021 results indicate that confidence is returning. Meanwhile, job security is high and fewer people are seeking greener pastures.

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Manufacturing Skills Gap Widens in the Wake of COVID-19

A new study by Deloitte and the Manufacturing Institute says the pandemic erased 1.4 million U.S. manufacturing jobs. And, even as the industry rebounds, the remaining unfilled jobs could cost the U.S. economy $1 trillion.

Growing a Successful CBD Brand

Medterra has only been in business for four years, but this brand has been leading CBD sales in U.S. grocery for over 16 months and is expanding rapidly.

Clockwise from Top Right: Devray Kirkland, Vice President, Diversity and Inclusion and Chief Diversity Officer, Cardinal Health; Jesse Cortez, Vice President, Executive Talent and Interim Vice President, Diversity, Equity & Inclusion, McKesson; and Dr. Lonie Haynes, Senior Vice President and Chief Diversity and Inclusion Officer, AmerisourceBergen.

HDA Dialogue Explores DE&I Efforts in the Distribution Sector

HDA hosted a virtual discussion with four industry leaders who are fostering belonging within their organizations.

Sharing life science traceability data is critical to meeting regulations and avoiding bottlenecks.

Quotables and Stats: Health System Cyber Attacks, Vaccine Lottery, and More

A shocking percentage of companies interviewed stated they had no idea where in their organization sensitive data was located and had no knowledge as to whether or not it was secure...

OEMs should keep cybersecurity top of mind in their business, carefully monitor their own products in the market to ensure their ongoing security, and strictly regulate the devices they use for external work.

OEMs Play Larger Role in Manufacturing Industry Cybersecurity

Since OEMs also serve manufacturing clients who are themselves vulnerable to cyberattack, there are a few extra considerations to be aware of with regard to cybersecurity.

Attracting and retaining a quality workforce in manufacturing is a systemic key business challenge.

Attract and Retain a Quality Workforce, Insights with Gardner Carrick at PMMI’s ELC

NAM and MI programs and research bring information into labor outreach efforts and retention of a diverse, quality workforce.

To get better cybersecurity results, companies have started creating dedicated departments or teams within the IT department that are responsible for cybersecurity.

Personnel Training: A Critical Third Step in Cybersecurity

The best cybersecurity plan is only as good as the individuals tasked with carrying it out.

More in Business Intelligence

Network Management: The Second Step to Increasing Cybersecurity

Network Management: The Second Step to Increasing Cybersecurity

After a thorough operations analysis, securing networks is the next step to addressing security gaps and lapses.

How B2B can pivot to B2C operations.

The Logistics of Pivoting from B2B to B2C

The pandemic has brought swift surges to e-commerce and D2C sales. How can a traditionally B2B company quickly pivot to the B2C market during these times?

The First Step to Increasing Cybersecurity is to Analyze Operational Vulnerabilities.

The First Step to Increasing Cybersecurity

There are a number of straightforward and understandable steps companies can take to protect their operations from cyberattacks. The first is to analyze operational vulnerabilities.

Enter AmeriStar Competition For Package Design: Deadline May 21

AmeriStar entries are accepted across 17 categories, and include three special top awards: Best of Show Award, Sustainable Packaging Award, and Design Excellence Award. Here's your chance to gain recognition for your innovative package design.

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Preventing Internal Cyberattacks Could Save Companies Millions

Cyberattacks in the U.S. have the highest cost of any global nation, with an average cost of $8.64 million per occurrence for companies suffering an attack.

Inputs for materials, equipment, and labor will be getting more expensive across the board, but a tight labor market will be the biggest limiting factor for CPGs. Automation is a great way to circumvent this.

Live at the ELC: Economic Forecast for Brands Timing Their Packaging Machinery Procurement

The U.S. and global economies are poised for a long period of expansion, meaning more consumer spending power and top line growth for brands, but also higher input prices for CPGs, including materials, machinery, and labor.

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Pre-Fabricated POD for Filling? Don’t Overlook One Key Topic | Modular: The Modern Way of Manufacturing Injectables

If you’re implementing a pre-fabricated POD at your facility, this Take Five video answers why you can’t overlook space for support systems. Also covered: As injectables increase, they become more customized, requiring modular, future-proof equipment.

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Two Key Areas of Cybersecurity Vulnerability in Manufacturing

By better understanding operational weaknesses, manufacturers can guard against future threats. Read about two key areas that require assessment.

Adoption of AI in validation and other processes, including data collection and management, can result in valuable predictive qualities within a manufacturing facility.

Data and AI Accelerate Digital Transformation in Pharma

The PDA Annual Meeting emphasized the growing need for pharma manufacturing facilities to become digitalized to improve productivity, open the door to further technologies, and make the most of the ‘digitally native’ workforce.

The difference between IT and OT cybersecurity attacks.

Cybersecurity 101: The Difference Between IT and OT Attacks

There are two categories of cyberattacks, but they can create a bridge to one another, creating a potential avenue for cybercriminals to access the organization.

Critical components need to be assessed to achieve a robust cybersecurity system.

Manufacturing Cybersecurity: Critical Components for Risk Assessment

By the second quarter of 2020, cyberattacks targeting manufacturers accounted for 33% of all incidents across all industries with losses totaling hundreds of millions of dollars. Small businesses are also at risk.

Martin VanTrieste

PDA’s 2021 Honor Awards

Honorees include those who work in packaging science, automated visual inspection, and more.