Smart Manufacturing magazine Contributing Editor Karen Haywood Queen speaks with Sridhar Tayur about what supply chain players are learning from COVID-19. The Carnegie Mellon professor covers the roles AM and cobots are playing. He also looks at what manufacturers should consider doing to be prepared for the next hugely disruptive event.
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Pivot International CEO Mark Dohnalek talks with Smart Manufacturing magazine’s Brett Brune about the China Deal First Phase, USMCA, Brexit—and ways to alleviate trade tension.
Change is hard. Whether it’s learning a new software package or setting up a new model of machine tool, many of us wonder at some point, “Is all this hassle worthwhile?” Change can also be risky, raising the specter of lost time, revenue, and reputation.
Had IMTS 2020 taken place as scheduled, it would have been clear that making parts as quickly and cost-effectively as possible remains as the primary goal in manufacturing.
Russell Waddell, managing director at the MTConnect Institute, dives into why so many standards exist, what manufacturers can gain from a digital factory project, and how they can cut through the hype—to at least achieve shop floor monitoring. MTConnect, a standard with more than 10 years of history, frees up manufacturers to focus on value-add functions instead of normalizing data. And it has been installed on more than 50,000 devices worldwide. Today, the use case is not just what happened or what is happening “what is going to happen: looking at … anything that is forward-looking and anticipating what will happen next.” Perhaps most important, embracing standards allows for quick and easy integration of all types and brands of equipment.
William Crane, CEO of IndustryStar, an on-demand supply chain services and software technology company, dives into what manufacturers concerned about supply chain risk can do to worry less. In his estimation, “on-demand supply chain risk management resources have really been taking off.” It is possible, he said, to build a “supply chain competitive advantage.” Heard of agile supply chain? If not, he explains it.
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.
Smart Manufacturing Experience 2018, produced by SME and AMT—The Association for Manufacturing Technology, was held April 30 to May 2 at the Boston Convention Center. More than 2000 industry professionals attend the trade show and conference, which focused on the latest advanced manufacturing technologies.
Aging assets have long been the culprits behind common supply chain disruptions like unexpected downtime and production delays. They can have a direct impact on revenues and service levels, and the older they get, the more costly the risks they pose are.
The technology behind the rise of cryptocurrencies is widely expected to bring ‘a common source of truth’ to manufacturing.