The value-add of blockchain for businesses is estimated to grow into the trillions by 2030. Experts believe product recalls alone—estimated to cost $8 million today—could be practically eliminated through improved track and traceability enabled by blockchain.
The U.S. Army is working assiduously to flight-qualify engine parts it has redesigned using additive manufacturing (AM).
Hybrid manufacturing—using one machine to perform both additive and conventional subtractive manufacturing processes—is gaining traction across manufacturing sectors, allowing companies to leverage the benefits of both.
When drilling a well, clearing a forest or excavating a building site, experienced operators count on their toughest equipment to help them get the job done.
Most companies do not have a clear strategy for how they are applying IoT, Mark Weatherford, former Deputy Under Secretary for Cybersecurity at the Department of Homeland Security, said at an exclusive roundtable Smart Manufacturing convened recently in Chicago.
Manufacturers of all sizes see an uptick in productivity after adding a factory within a factory via an automated machining cell. The cells are small-scale, clearly defined production units, often for a family of similar parts or a product, and they typically include a robotic arm and one or more machine tools. These can include horizontal and vertical lathes, machining centers and grinders. The cell may also include a conveyor component.
Gear maker Osvald Jensen knew it needed to speed up work and improve its performance and productivity by shaving seconds off its run time while ensuring round-the-clock up-time on its machinery.
A conversation between Inspekto CEO Harel Boren and Editor in Chief Brett Brune.
On-time delivery (OTD), a measurement of the level of finish goods or services delivered when promised and in full, is a signal of efficiency that reveals how well operations is doing.
The technology behind the rise of cryptocurrencies is widely expected to bring ‘a common source of truth’ to manufacturing.