Peter Drucker, known as the father of modern management, was quoted in a 2006 article in Forbes as saying, “Because the purpose of business is to create a customer, the business enterprise has two—and only two—basic functions: marketing and innovation. Marketing and innovation produce results; all the rest are costs.”
As businesses across the globe are returning to work amid the COVID-19 pandemic, many manufacturers are reconsidering policies and procedures to ensure worker safety and adhere to new regulations in the post-pandemic environment.
While the manufacturing sector generates large amounts of data, relatively few companies have fully harnessed that data to improve operational efficiencies.
If you were to rebuild your manufacturing business today, would you build it in the same way, or would you shape it differently to address new challenges and future innovations?
To a discrete manufacturer, process manufacturing is odd territory indeed. It’s a world in which textiles, pharmaceuticals, chemicals, plastics, and food and beverage are produced en masse.
Precision grinding operations cover all applications that require dimensions with tight tolerances and low Ra surface finish requirements, including cylindrical external grinding (OD), internal grinding (ID), surface grinding and creepfeed grinding.
After three years of work, military researchers are near the end of a project to find a faster, cheaper way to make tools for large aerospace parts like skins for wings and fuselages.
In an announcement orchestrated from Barcelona, California-based HP in June announced an expansion of its 3D printing business.
If you ask any number of manufacturers exactly what they felt the first time they crashed a stationary machine tool or dropped portable measuring equipment, you’re bound to get a range of answers—though dread, terror and even nausea will almost certainly be on the list of responses.
Betting that the worst of the pandemic will be over and travel restrictions lifted, the 2021 edition the machine tool exhibition is putting out the welcome mat to the world.
