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Economic Development Winnipeg | YES! Winnipeg 13 Business retention and expansion In 2019, 26 local companies were identified for business retention and expansion (BRE) interviews and intelligence gathering, for actionable insights and services offered. For 2020, 22 BRE interviews are slated to take place. Sector activities » Continue participating in the Manitoba Coalition for Advanced Manufacturing (MCAM). » Sustain regular meetings with CME Manitoba and WestCARD to discuss the state of the sector in the province, gather market intel of businesses in growth mode or at risk of leaving Winnipeg, and obtain feedback on working with specific companies when appropriate. » Look for opportunities to advance the development of the Advanced Manufacturing Campus and surrounding ecosystem in Winnipeg, including focus on opportunities that might address the lack of local expertise and infrastructure identified in the gap analysis performed by the MCAM. » Strengthen the relationship with Red River College as they develop their core manufacturing capabilities, such as the Skilled Trades and Technology Centre and the Smart Factory. » Foster relationships throughout Winnipeg's professional engineering community. » Leverage advanced manufacturing supercluster funds that may be applicable to project opportunities in the province. Sales initiatives Advanced Transportation Manufacturing Summit ..................................................Feb. 2020 CME Kaizen Conference ...............................................Feb. 2020 CME's Dare to Compete .............................................. Mar. 2020 IoT is THE big thing Manufacturers are increasingly leveraging the Internet of Things (IoT), which involves the interconnection of unique devices within an existing internet infrastructure to achieve a variety of goals. This includes cost reduction, increased efficiency, improved safety, meeting compliance requirements and product innovation. Predictive maintenance is keeping production on track A breakdown in critical equipment is costly to manufacturers, both in terms of repairs as well as loss of productivity. According to Information Technology Intelligence Consulting, 98 per cent of organizations say a single hour of downtime costs over $100,000. Shifting focus from B2B to B2B2C Many manufacturers who traditionally had a B2B business model are shifting to a B2B2C (business-to-business-to-consumer) model, due to the many benefits of selling directly to consumers. This includes increased profit, faster time to market, brand and price control, and better customer data. Leveraging supply chain for competitive advantage While pricing is important, savvy manufacturers will continue to distance themselves from price wars by leveraging new technology that simplifies supply chain management, which in turn delivers many competitive benefits. Greater visibility into big data IoT is transforming almost every surface into a sensor for data collection and providing real-time insights for manufacturers. Production faster and cheaper with 3D printing Manufacturers will benefit from faster, less expensive production as a result of 3D printing. VR/AR for the win Assistive technologies, such as augmented reality (AR) and virtual reality (VR), will continue to create mutually beneficial partnerships between man and machine that positively impact manufacturers. Source: Hitachi Solutions Advanced manufacturing sector trends CME's Gala Awards Dinner ........................................ Mar. 2020 GM Ingenium 2020 ........................................................ Oct. 2020 HeatTreatmentCongress (HK) ...................................... Oct. 2020 CME Deputy Ministers' Dinner .................................... Nov. 2020 CME's Trade Summit ..................................................... Nov. 2020 Supporting subscriptions/memberships CME Manitoba, and Engineers & Geoscientists of Manitoba (formerly APEGM) Photo courtesy Canada Goose Economic Development Winnipeg | YES! Winnipeg 13

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