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Survey: Manufacturers Behind the IIoT Curve

Software AG (Frankfurt, MDAX: SOW) announced an original survey of over 125 North American manufacturers in the heavy industry and automotive sectors that revealed they are unable to scale their Industrial Internet of Things (IIoT) investments across their enterprises, and therefore are losing millions of dollars in potential profits while falling behind competitors that have invested in enabling technologies that support IIoT across the enterprise.

Methods Announces Mark Wright as President & CEO

Methods Machine Tools Inc., a supplier of precision machine tools and automation, announced that its Board of Directors has appointed Mark Wright as its President and Chief Executive Officer effective September 13, 2019. Wright will assume all operating functions of Methods Machine Tools Inc., including the Sudbury headquarters and all seven direct offices throughout the United States as well as its national distribution network.

AM, Spare Parts, and the Rise of the Micro Factory

Manufacturing got smart when companies figured out how to make products in one market and sell them in another. Today, we call this supply chain logistics. But somewhere along the way, the innovation chain connecting supply (manufacturing) and logistics (the supporting infrastructure) started to diverge.

Wohlers Report 2019 Details of Developments in Additive Manufacturing Worldwide

Fort Collins, Colo.-based Wohlers Associates announced the publication of “Wohlers Report 2019,” the 24th annual installment of its undisputed, industry-leading report on additive manufacturing (AM) and 3D printing. The worldwide study reports on growth, development, and the future of AM materials, applications, systems, services, design, software, patents, startups, standards, investment, and research.

Flow Waterjet Ups the Ante with Joe Gibbs Racing

Kent, Wash.-based Flow International Corp., a developer and manufacturer of ultrahigh-pressure waterjet solutions for cutting applications, announced a new partnership with Joe Gibbs Racing. A current competitor in the NASCAR Monster Energy Cup Series and The NASCAR Xfinity Series, North Carolina-based Joe Gibbs Racing is looking to Flow’s elite waterjet technology to support the team’s endeavors in the upcoming 2019 season and beyond.

Combined with AI, IoT, Blockchain Can Meet Many Supply Chain Challenges

Blockchain technology is becoming a key player in modernizing supply chains to enable easy tracking, automate transactions and delivery, and build end-to-end trust, Chandra Narayanaswami, principal research staff member, Member IBM Academy of Technology at IBM Research, told people attending a smart manufacturing session at the MD&M West conference here last week.

AM Is Changing The Factory Game

Additive manufacturing (AM) is being used to fabricate parts for applications as varied as aircraft and auto production, dental restoration, medical implants and more.

Three Ways Industry 4.0 Is Forcing Manufacturers to Rethink Lead Times

Named the next phase in the digitization of the manufacturing sector by McKinsey & Company, Industry 4.0 is sweeping through manufacturing—combining connectivity with computational power and data for unparalleled capabilities. Here are three ways Industry 4.0 is forcing manufacturers to rethink one key metric: their lead times.