The industry’s fastest growing firms are leveraging new artificial intelligence (AI), blockchain and Internet of Things (IoT) solutions to transform supply chains, transport and logistics. Reliance on paper forms and clashing systems are giving way to improved transparency across the value chain.
In IIoT-based smart factory setups, AI-enabled digital assistants are linked into all assets and
all data. It is this intelligence that takes the IIoT beyond data collection to predictions and decisions.
Two attorneys explain why a strong sales contract is a necessity in the metals industry.
In 2020, the ability for manufacturers to rapidly pivot to changing market demands and challenges became critical for success—and in many cases, survival.
When visiting some machine shops I hear PM, most commonly known as preventive maintenance, referred to as “postmortem,” as in, “We just run the machines until they die.”
Are you ready for metamorphic manufacturing, what some call the third wave of the industry’s digitization? If not, take in Contributing Editor Karen Haywood Queen’s expertly reported story.
With vaccinations on the rise, the in-person collaboration that is still essential to doing business, including trade shows, is growing. But challenges to recovery from the pandemic remain. Global supply chains are struggling with multiple disruptions. Shipping rates are historically high. Computer chip shortages are curbing output.
This is the first in a series of articles that will cover the accelerating improvement in manufacturing technology.
Automakers during this decade face a big challenge. They are having to invest in electric vehicles. But EVs, at least for now, won’t generate the profits of conventional vehicles, according to an annual report by consulting firm AlixPartners.
In a high-mix/low-volume environment, it’s not good enough to simply be part of the pack. Today you need to be out front and pulling away, powered by the best smart tech available.