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Most companies do not have a clear strategy for how they are applying IoT, Mark Weatherford, former Deputy Under Secretary for Cybersecurity at the Department of Homeland Security, said at an exclusive roundtable Smart Manufacturing convened recently in Chicago.

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.

The technology behind the rise of cryptocurrencies is widely expected to bring ‘a common source of truth’ to manufacturing.

Cyber criminals are increasingly setting their sights on today’s digitized manufacturing industry as an entry point into government and commercial supply chains.

The well-established field of laser marking continues to break new ground with expanding business opportunities in automotive, oil and gas, medical and other industries.

Metalworking machines are fast, powerful, and accurate, but they weren’t always as capable as they are today. Modern equipment is more nimble, flexible and adaptable. The machines collectively exceed the sum of their parts.

Implementing a comprehensive laser cutting system is not a task for the faint of heart. In addition to the financial outlay, requirements include planning for a complete system, not just the laser, according to Dustin Diehl, laser division product manager, Amada America Inc., Buena Park, Calif.

With great power comes great responsibility, the saying goes. And with greater laser power being used to weld sheet metal, tubes, copper and aluminum, operators have a greater responsibility to deliver that power with a precision that avoids defects.

If you look at all the companies that were on the Fortune 500 list in 1990, “a very large percentage of them are not there anymore,” David Brousell, executive director of the Manufacturing Leadership Council, told people attending his talk on “Manufacturing 4.0” at Oracle’s recent Modern Business Experience conference.

Connected manufacturing and digitization technologies are spurring many of the major innovations in CNC machine controls that help machine shops cut metal and create parts as quickly and efficiently as possible.