With a shortage of young workers willing and able to do today’s factory jobs, manufacturers are taking steps to retain the older workforce already punching in.
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These days mirror the late 1990s, when the Internet evolved to widespread use—and the topic bedeviled many. But others—in banking and entertainment, for example—who quickly learned the new lingo and jumped at the chance to explore the Web’s potential benefited greatly. Today’s tantalizing topic: blockchain.
Business France will in March wrap up its first accelerator “dedicated to the industry of the future in North America.” The 10-month program is specialized in monitoring and control tech, as well as data analytics.
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.
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.
The technology behind the rise of cryptocurrencies is widely expected to bring ‘a common source of truth’ to manufacturing.
Over its 140-year history, automotive manufacturing technology has evolved in parallel with progress in the vehicles themselves. Early automakers custom made individual “horseless carriages.” Later, standardized parts and moving assembly lines delivered mass-produced cars. Development of integrated transfer lines enabled part runs to extend for years.
For untold millennia, the power of the sun has provided sustenance to mankind. On a late summer day, as the sun beat down on suburban Chicago, executives at JTEKT Toyoda Americas Corp. celebrated the launch of a new solar energy system that will help power the facility and sustain the environment for the future.
Durable goods orders rose in October, paced by an increase in orders for fabricated metal products, the U.S. Commerce Department said.
Hurco Companies Inc. has partnered with BMO Automation to provide customers a tested automation solution that requires minimal integration, according to the companies.