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.
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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.
What does a submarine operating underwater have in common with a metal stent propping open a human artery? More than you’d think initially.
Advances in CAD/CAM algorithms have improved tool paths, resulting in more speed and efficiency and less stress on both the tool and the objects being cut. Because these new algorithms help tools cut more efficiently and faster, operators save time and the tools last longer.
With the September issue, Smart Manufacturing introduces Collective Intelligence, a new initiative under which we gather experts in one room to go deep on one important topic. We focused this first roundtable on the intractable problem of the workforce skills gap.
Throughout 2018, SME has published a series of Smart Manufacturing Industry Reports, with the third being released at IMTS this month. The reports, available at sme.org/reports, detail the necessity and advantages of smart manufacturing, the challenges to implementing digital solutions, and, finally, keys to implementing the technologies and tools.
As the momentum to go green continues to build across the globe, the number of environmental regulations for reducing hazardous substances keeps growing. At the same time, more and more customers are now setting their own environmental requirements, adding more complexity to the mix.
When considering a new robotic automation system, one of the biggest concerns can be the weight of the initial costs. While such a large capital expense may be hard to swallow at first, it’s industry-proven that manufacturers see an average ROI of 24 months from robots.