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Historically, a company who had a need for parts required their own expensive manufacturing operations or navigate complex and time-consuming negotiations with potential suppliers.
When it comes to the flow of making something – from concept to design to ordering to production – manufacturing hasn’t changed as much over the last 50 years as many may believe.
The No. 1 use case for blockchain is all around track-and- trace: knowing where a product is and how it is holding up, he asserted.
One IBM client that distributes beef products to restaurant chains loses 25% to 30% of its beef due to waste because certain criteria are not met during shipping.
The SME Education Foundation recently awarded 222 scholarships to young men and women pursuing a post-secondary education in manufacturing engineering or related technologies.
The Arconic Foundation and Kawneer have partnered with the SME Education Foundation to make available education opportunities for students of Central Columbia High School in Bloomsburg, Pennsylvania, in a collaboration formed through the Foundation's Partnership Response In Manufacturing Education (PRIME) schools initiative.