The National Center for Defense Manufacturing and Machining (NCDMM) announced on August 13 the restructuring of its organizational operations to include a new holding company and a subsidiary/sister company to support its long-term growth strategy within the global advanced manufacturing industry.
Manufacturing’s supply chain is approaching a “tipping point” of diversifying beyond China, consulting firm PwC said in a report.
In March 2020, the World Health Organization officially declared the novel coronavirus outbreak a pandemic. Manufacturers are dealing with the fact that the virus has exposed the fact that many domestic brands rely significantly upon China for fulfilling some, part, or nearly all, of their supply chain.
Xometry, an on-demand manufacturing marketplace, announced that it has completed an $75 million equity round, led by funds and accounts advised by T. Rowe Price Associates Inc. Durable Capital Partners LP and ArrowMark Partners.
The most important step in digitizing any manufacturing or supply chain process is analysis of the ROI and business case and being able to demonstrate success to company leaders.
FT Precision Uses CAD/CAM Software to increase engine part production.
When expressions of performance are fully understood throughout the organization, everyone has the same chance to demonstrate their abilities regardless of a supervisor’s potential bias.
3D Systems said Dr. Brent Stucker is joining the company to serve in the newly created role of Chief Scientist. Dr. Stucker was previously employed by Ansys Inc,
COVID-19 vividly underscores the vulnerability of global manufacturing operations and supply chains. The disruption in our supply chains will hamper manufacturing for months and perhaps years. As we reopen and rebuild our economy, we must focus on sustainable manufacturing operations that are pandemic adaptive, resilient, and secure.
The pace of technology today is rapid, with the potential to transform manufacturing. Digitization, automation, and connectivity are opening many new doors on the production floor.