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.
Manufacturing has been in the middle of the outbreak of the coronavirus (COVID-19) from the start. The impact is expanding as the virus spreads.
Convergence-enabled cyberattacks—where criminals exploit traditionally isolated operational technology (OT) devices through their new connections to the IT network—may be motivated by the desire to hijack and demand ransom for services, steal trade secrets through industrial or national cyberespionage, or commit cyberterrorism or engage in cyberwarfare.
Reducing the risk of automotive defects is one of the most critical issues facing manufacturers today – to protect the well-being of consumers, as well as their own reputations and financial health.
I’m among the first to dive into the latest manufacturing innovations and see how they can improve our customers’ operations. Yet, I’m also among the first to advise them to pause and ensure that the fundamentals of their manufacturing processes are in place before adding something new into the complex mix of functionality and desired outcomes.
Not all threaded connections serve similar purposes.The load-carrying needs of an aerospace engine support bolt in a tension assembly greatly exceed those of a simple screw that fastens a cover plate to an electrical wall socket. International thread-acceptance documents and standards recognize this basic engineering fact, and incorporate different thread-inspection requirements into their verification standards.
Manufacturing technology is constantly changing, both in terms of the types of products produced and the ways those products are made. As we ease into 2021, here are some interesting trends I’ve heard about.
In 2020, most manufacturers focused on mitigating the impact of COVID-19, but mitigation is too little too late. Many companies learned that lesson after seeing how COVID-19 outbreaks affected either their own facilities or other manufacturing firms.
2020 was certainly an unusual year—for SME, for our industry, and for the world. There is no question that these unusual times will carry over into 2021. Unusual does not necessarily mean bad; it just means different. Often hidden within those differences are opportunities.
A widening skills gap threatens U.S. manufacturing competitiveness and consequently our economy. A talent pipeline with a sufficient supply of properly aligned skills is imperative to meet U.S. manufacturers’ needs for capacity, productivity and innovation.
