Faurecia Goes All In on Industry 4.0 October 18, 2016 Automotive supplier Faurecia (Nanterre, France) decided it needed to get serious about Industry 4.0 fast.
How A Vendor Managed Inventory System (VMI) Benefits Business April 12, 2016 When a manufacturer has excess inventory not adding value to the process, the inventory is hurting the company’s balance sheet, and is by definition wasteful.
Creating New Value at Toyota February 25, 2016 I traveled to Toyota headquarters in Japan with Jeff Liker for a research project. We wanted to learn more about the engineering and collaboration that created the Toyota New Global Architecture (TNGA), the strategy and innovation behind hydrogen vehicles, and how they had adapted and improved their development system to meet the increasing demands of the ultra-competitive global auto industry.
Durable Goods Orders Fall, Dragged Down by Transportation May 27, 2021 Durable goods orders declined in April, dragged down by orders for transportation equipment, the U.S. Commerce Department said today in a monthly report.
Auto Recovery From Chip Shortage May Be Long May 26, 2021 The auto industry’s recovery from a global semiconductor shortage may be long and require revamping supply chains, according to a report by the Deloitte consulting firm.
GE, GMIS to Explore Benefits of Digitization May 25, 2021 GE and the Global Manufacturing and Industrialisation Summit (GMIS) have announced a partnership to explore the role of digitization, lean manufacturing, and workplace safety to support the transformation of manufacturing and economic regeneration.
Sustaining Dixie County’s Economy and Workforce May 24, 2021 Dixie County lost one of its largest employers in the 2007-2008 recession, a Georgia Pacific (GP) Lumber facility. For more than 10 years the mill remained closed, but with help from the North Florida Economic Development Partnership (NFEDP), a new buyer has reopened the mill, made millions in new investments and has a projected annual payroll of $5.5 million in a very rural county.
Manufacturing Expansion to Last Through 2021, ISM Says May 18, 2021 The Institute for Supply Management issued an economic forecast calling for expansion for the rest of 2021.
AI-based digital assistants ensure operational resilience May 27, 2021 In IIoT-based smart factory setups, AI-enabled digital assistants are linked into all assets and all data. It is this intelligence that takes the IIoT beyond data collection to predictions and decisions.
Our hub will help you ‘get’ AI with a little help from friends May 26, 2021 Establishment of cross-sectoral networks provides an affordable solution to help manufacturers fast-track processes to keep pace with AI technologies and realize far-reaching efficiencies at scale.