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Machinery Industry Is Healthy, Expanding

“We expect to see the world machinery market grow in the next five years,” said Arun Kumar a director at AlixPartners in a discussion he and I had recently.

In the thick of the ‘herculean’ vaccine push

In January, as the new coronavirus was rapidly spreading around the world, scientists at Moderna teamed up with the National Institutes of Health to pursue a potential vaccine based on an experimental genetic technology involving messenger RNA (mRNA), a molecule in every cell that helps translate DNA into biological functions.

CEOs: Embrace ‘Remote Experts,’ Sensors, Continuous Training, to Address Skills Gap

Tackling the workforce skills gap issue involves dealing with not only experienced employees who have sharp subtractive manufacturing skills but have to be prodded to move into additive manufacturing (AM) but also newbies who still need to hone skills required to harness the promise of emerging technology, Atlas Stamping and Manufacturing CEO Lynda Prigodich-Reed said.

The Connected Machine Shop

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.

What AM was planned for IMTS?

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.

MTConnect Exec: Standards Help See Into Future, Integrate Diverse Equipment

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.

Getting Supply Chain Risk Under Control

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.

What Supply Chain Professionals Are Learning From The Pandemic

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.