While the manufacturing sector generates large amounts of data, relatively few companies have fully harnessed that data to improve operational efficiencies.
Improvements in manufacturing management software, robotics, additive manufacturing and thermal controls are making small batch sizes more cost effective—even for smaller shops. Manufacturing plants are able to reduce inventory, improve throughput and reduce demands on human operators.
While FABTECH 2020 was cancelled due to the COVID-19 pandemic, plans are underway to bring FABTECH 2021 to Chicago in 2021. That means North America’s largest metal forming, fabricating, welding and finishing event will be heading to McCormick Place Sept. 13-16, 2021.
The Federal Aviation Administration lifted a grounding order on Boeing Co.'s 737 Max that had been in effect since early 2019.
Shyft Group, Inc. said it F3 MFG Inc. (“F3”), an aluminum truck body and accessory manufacturer.
Peter Drucker, known as the father of modern management, was quoted in a 2006 article in Forbes as saying, “Because the purpose of business is to create a customer, the business enterprise has two—and only two—basic functions: marketing and innovation. Marketing and innovation produce results; all the rest are costs.”
While water and fire tube boiler power plants may be considered archaic, they now power much of North America and will for some time, even as newer, cleaner, greener tech transitions into the mainstream and becomes practical.
According to a survey conducted by ISM, 75 percent of U.S. manufacturing companies experienced delayed resources and materials due to the COVID-19 pandemic. The outbreak has forced manufacturers to rethink supply chains to allow for product diversification.
Manufacturing added 38,000 jobs in October, with a majority in durable goods, the Bureau of Labor Statistics said today.
John Catterall, vice president, automotive program for the American Iron and Steel Institute, discusses vehicle lightweighting trends in an interview with SME Media.
