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Blockchain technology is becoming a key player in modernizing supply chains to enable easy tracking, automate transactions and delivery, and build end-to-end trust, Chandra Narayanaswami, principal research staff member, Member IBM Academy of Technology at IBM Research, told people attending a smart manufacturing session at the MD&M West conference here last week.

Manufacturing got smart when companies figured out how to make products in one market and sell them in another. Today, we call this supply chain logistics. But somewhere along the way, the innovation chain connecting supply (manufacturing) and logistics (the supporting infrastructure) started to diverge.

So you have finally decided to start your digital transformation. You have seen the benefits around digitizing your operations. By connecting your disparate systems, you can start seeing what is actually happening in your plant and become more efficient. And not just in one plant, but in multiple plants.

Expect at least two recessions, or downturns in GDP growth, in the next few years. That is the prediction of Brian Beaulieu, CEO and chief economist for ITR Economics.

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?

The Pittsburgh region is a hotbed of activity in robotics and AI. This activity includes research and technology companies that commercialize academic research and solve real world problems.

Amid vigorous growth in their industry, product lifecycle management (PLM) software developers are exploiting the cloud and machine learning to manage data and enhance the users’ experience.

Road to maturity involves safeguarding supply chains, treating security with the same urgency as safety, for starters.

With an influx of investment in digital factories, the playing field is changing and the ROI for digitizing production is becoming ever more apparent. However, restraints, such as company size and a disconnect between IT and OT, means the road to a successful digital transformation is one very few will be able to do alone.

For years, companies have struggled to understand how additive manufacturing (AM) can add value to their businesses. This makes sense because for a long time, additive tech didn’t meet the threshold for producing industrial-grade parts.