{"id":30961,"date":"2017-11-06T20:52:52","date_gmt":"2017-11-06T20:52:52","guid":{"rendered":"https:\/\/www.dvirc.org\/insights\/6th-annual-manufacturing-summit-draws-hundreds\/"},"modified":"2023-03-08T14:05:41","modified_gmt":"2023-03-08T14:05:41","slug":"6th-annual-manufacturing-summit-draws-hundreds","status":"publish","type":"post","link":"https:\/\/www.dvirc.org\/insights\/6th-annual-manufacturing-summit-draws-hundreds\/","title":{"rendered":"6th Annual Manufacturing Summit Draws Hundreds"},"content":{"rendered":"

More than 400 people gathered at the Drexelbrook Event Center on October 13th<\/sup>\u00a0to participate in the\u00a02017 Manufacturing Summit<\/a>hosted by the DVIRC, a regional economic development organization that supports the profitable growth of small and mid-sized U.S. manufacturers (SMMs). Now in its sixth year, the Summit brings together members of the manufacturing ecosystem, including SMMs, large manufacturers, government agencies, technology companies, academics, makers, designers, and students for a day of innovation and education.<\/p>\n

\u201cIt\u2019s easy for business leaders to get caught up in the daily whirlwind of the business. The Summit gives us a chance to recharge our batteries, learn best practices, cultivate new relationships, and celebrate the manufacturing community,\u201d<\/em>\u00a0<\/strong>said Barry Miller, President and CEO of DVIRC. While many conferences focus on specific elements of manufacturing, such as a specific industry or part of the supply chain, this is the only event that brings together all members of the manufacturing ecosystem, according to Miller.<\/p>\n

This year\u2019s theme,\u00a0Making It Together<\/em><\/strong>, focused on four areas\u2014leadership, talent, culture, and technology\u2014which were supported by a lineup of speakers, breakout sessions, exhibits, and demonstrations of cutting-edge technology such as autonomous drones, robotics, 3-D printing, and virtual reality.<\/p>\n

\u201cThe manufacturing industry offers unprecedented opportunities, but it requires new approaches, new technologies, new talent, and new business models,\u201d<\/em><\/strong>\u00a0Miller said.<\/p>\n

The event featured a keynote by Thomas Koulopoulos, President and Founder of Delphi Group, who addressed the role of leadership in navigating disruption.<\/p>\n

\"\"

Thomas Koulopoulos<\/p><\/div>\n

\u201cWe need to rethink the way we look at age and its implications on ourselves and our organizations,\u201d<\/strong><\/em>said Koulopoulos.\u00a0\u201cToday we are all using the same technologies to connect and communicate, and even a 10-year-old can wield the influence of millions of followers. As long as we perpetuate the notion of a generation\u00a0gap, we are driving wedges into our organizations rather than leveraging this rich and diverse set of skills and experiences,\u201d<\/strong><\/em>\u00a0he said.<\/p>\n

Brian Beaulieu, CEO and Principal of ITR Economics, provided economic insights to help manufacturing leaders make strategic business decisions. He addressed what he called\u00a0the<\/u>\u00a0management challenge for 2018\u2014ensuring that managers have enough talent, working capital, and equipment to handle growth opportunities.\u201cIf you don\u2019t have enough, and you don\u2019t have the right systems in place, this will be a period of profitless prosperity,\u201d Beaulieu said. \u201cYour top line is going to grow, but your bottom line is going to lag behind.\u201d<\/em><\/strong><\/p>\n

\"\"

Brian Beaulieu, CEO and Principal of ITR Economics<\/p><\/div>\n

Another big player in the manufacturing ecosystem at this year\u2019s summit was the Department of Defense (DOD) and its Manufacturing USA Institutes\u2014a national network of organizations\u00a0that focuses on developing and commercializing critical manufacturing technologies through\u00a0public-private partnerships<\/a>. The DOD Institutes across the country are focused on making the U.S. industrial base more competitive and innovative by accelerating the development and adoption of new manufacturing technologies. DVIRC is working with the DOD to develop an operating model to bring the Institutes\u2019 Advanced Manufacturing Technologies (AMTs) to the regional SMM community.<\/p>\n

\u201cSMMs are critical to both the DOD and commercial markets,\u201d<\/em><\/strong>\u00a0according to Tracy Frost, Director of the DOD Manufacturing USA Institutes and Acting Director of DOD Manufacturing Technology (ManTech). At the Summit, Frost facilitated a dialogue among representatives from three Manufacturing USA Institutes, about how each of them can help SMMs with AMTs.\u00a0\u201cAdvanced technologies are a way for SMMs to be more impactful to the economy and to our national defense,\u201d<\/em>\u00a0she added.<\/p>\n

\"\"

Tracy Frost, Department of Defense<\/p><\/div>\n

his year, DVIRC added a new dimension to the Summit roster, dedicating a portion of the exhibit area to\u00a0Makers<\/strong>\u2014the umbrella term for independent inventors, designers, and hardware entrepreneurs. The Maker Movement, as described in Chris Anderson\u2019s book,\u00a0Makers: The New Industrial Revolution,<\/em>\u00a0is a swelling community of people determined to create their own innovative products using 3-D printers, laser cutters, advanced design tools, and open-source hardware.<\/p>\n

\u201cWe wanted to convene the makers as well as students from area high schools and universities this year because of their importance to the talent and innovation pipelines,\u201d Miller said. \u201cAnd we\u2019re grateful to everyone who helped make this a success, especially our many sponsors!\u201d<\/em>\u00a0<\/strong>he added.<\/p>\n

DVIRC is already planning for an even bigger and more forward-thinking summit next year on October 12, 2018. For more details about the 2017 Manufacturing Summit, including photos and highlights,\u00a0click here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"More than 400 people gathered at the Drexelbrook Event Center on October 13th\u00a0to participate in the\u00a02017 Manufacturing Summithosted by the DVIRC, a regional economic development organization that supports the profitable growth of small and mid-sized U.S. manufacturers (SMMs). Now in its sixth year, the Summit brings together members of the manufacturing ecosystem, including SMMs, large […]","protected":false},"author":2,"featured_media":30962,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"acf":[],"yoast_head":"\n6th Annual Manufacturing Summit Draws Hundreds – DVIRC<\/title>\n<meta name=\"description\" content=\"The Summit gives us a chance to recharge our batteries, learn best practices, cultivate new relationships, and celebrate the manufacturing community.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.dvirc.org\/insights\/6th-annual-manufacturing-summit-draws-hundreds\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"6th Annual 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