The auto industry wants to expand the use of 3D printers. Automakers such as Ford Motor Co. and BMW AG are working directly with additive manufacturers concerning deployment of the technology.
Purchasing and supply executives expect manufacturing to continue expanding in 2019, according to a survey by the Institute for Supply Management.
Cyber criminals are increasingly setting their sights on today’s digitized manufacturing industry as an entry point into government and commercial supply chains.
There is no shortage of competition in a global market. As a manufacturer trying to get ahead of the pack, automation can help with problems like a limited skilled labor force, quality control issues and suboptimal throughput. But the high initial cost and extended implementation time can be deterrents.
Manufacturers are facing shrinking product lifecycles with frequently changing customer demands. As a result, they need agile production and flexible factory layouts that can easily be modified whenever needed.
The growing skills gap is causing trepidation among manufacturers and the lack of millennials building careers within the industry is part of the concern.
Manufacturing should expand in the first half of 2020, including increased revenue for companies, the Institute for Supply Management said this week in a semi-annual forecast.
The second level of machining automation is here. It may not be at every shop or factory yet, but it’s coming.
Cutting tool and tooling system specialist Sandvik Coromant is adding round geometry (-RM) inserts to its program of CoroCut® QD parting-off and grooving tools.
Industrial robots are becoming easier to program, more versatile, more cost-effective, more accurate and more mobile. These changes are lowering barriers to entry, shortening return on investment and making robots a more practical investment.