Two attorneys explain why a strong sales contract is a necessity in the metals industry.
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In IIoT-based smart factory setups, AI-enabled digital assistants are linked into all assets and all data. It is this intelligence that takes the IIoT beyond data collection to predictions and decisions.
The trials and tribulations of 2020 have given manufacturers a moment of clarity, a vice president of IFS says in a commentary.
In 2020, the ability for manufacturers to rapidly pivot to changing market demands and challenges became critical for success—and in many cases, survival.
The word “reconditioned” can ignite visions of worn, overworked products inferior to new ones. The reality is as long as you purchase from a reputable supplier, reconditioned cutting tools will deliver the same consistent results as they did upon initial purchase.
Claudia Jarrett, U.S. country manager at automation parts supplier EU Automation, explains why robots are more than affordable for small and mid-sized enterprises (SMEs).
A Department of Defense cybersecurity mandate will affect suppliers. The founder of ProShop ERP explains how.
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.
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.
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.