Aging assets have long been the culprits behind common supply chain disruptions like unexpected downtime and production delays. They can have a direct impact on revenues and service levels, and the older they get, the more costly the risks they pose are.
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The technology behind the rise of cryptocurrencies is widely expected to bring ‘a common source of truth’ to manufacturing.
On-time delivery (OTD), a measurement of the level of finish goods or services delivered when promised and in full, is a signal of efficiency that reveals how well operations is doing.
The requirements for FDA 21 CFR Part 11 are in place for a good reason: When companies are making a part that goes inside your body, the engineering and manufacturing process must be meticulously documented, tested and controlled. People’s lives are at stake.
The human factor is sometimes just too cumbersome in manufacturing. Take the German chipmaker Infineon: By using an autonomous robot called Scout from MetraLabs for the last several years, the automotive supplier shrank to 10 from 300 the number of minutes it takes to collect the clean-room data needed to measure the presence of rare gases in the air.
If you look at all the companies that were on the Fortune 500 list in 1990, “a very large percentage of them are not there anymore,” David Brousell, executive director of the Manufacturing Leadership Council, told people attending his talk on “Manufacturing 4.0” at Oracle’s recent Modern Business Experience conference.
The German metrology developer Jenoptik is shifting “from focusing on metrology and laser processing standalone equipment to integrated automation solutions for the automotive industry.
A conversation between Inspekto CEO Harel Boren and Editor in Chief Brett Brune.
Gear maker Osvald Jensen knew it needed to speed up work and improve its performance and productivity by shaving seconds off its run time while ensuring round-the-clock up-time on its machinery.
Wyoming Completion had a shock when it began machining parts in an automated machining cell. It was a good shock: While the company hoped for a 25-35% boost in production, it experienced 400% improvement.