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.
Two attorneys explain why a strong sales contract is a necessity in the metals industry.
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.”
The demand for titanium components by the aerospace industry began as a whisper about 15 years ago and steadily grew to a sustained, raucous shout over the last five and likely won’t quiet for several more.
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.
This is the first in a series of articles that will cover the accelerating improvement in manufacturing technology.
We no longer need to accept that it takes a decade to create and make a safe and effective vaccine—thanks in part to smart manufacturing.
What do you think of when you hear the word factory? Probably some huge space, with machines humming and personnel walking around with notepads in their hands.
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.
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.
