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To Prepare for Blockchain, First Check These Three Things

The value-add of blockchain for businesses is estimated to grow into the trillions by 2030. Experts believe product recalls alone—estimated to cost $8 million today—could be practically eliminated through improved track and traceability enabled by blockchain.

Five Suggestions for How to Retain Tribal Knowledge

What is tribal knowledge and why should a company care? It is valuable, exclusive information stored only inside someone’s mind and communicated only verbally (if at all). The “someone” may have played an important role in an organization for decades and knows a thing or two that the company treasures yet cannot duplicate.

Finding the Right Fit for Custom Products

There is an ever-increasing demand for the individualization of products from today’s consumer. When consumers are able to get exactly what they want (shape, size, color) they are more satisfied and more likely to do repeat business. But how do you scale custom part production?

When Is Hard Turning the Right Solution?

Hard turning has long been used for finishing when it comes to high-volume applications. Now, tooling suppliers have pushed cubic boron nitride (CBN) insert technology further, with geometric innovations that further increase the efficiency—and cost-effectiveness—of hard turning.

Barriers to robot deployment falling one by one

Industrial robots are becoming easier to program, more versatile, more cost-effective, more accurate and more mobile. These changes are lowering barriers to entry, shortening return on investment and making robots a more practical investment.