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Peter Drucker, known as the father of modern management, was quoted in a 2006 article in Forbes as saying, “Because the purpose of business is to create a customer, the business enterprise has two—and only two—basic functions: marketing and innovation. Marketing and innovation produce results; all the rest are costs.”

While the manufacturing sector generates large amounts of data, relatively few companies have fully harnessed that data to improve operational efficiencies.

After three years of work, military researchers are near the end of a project to find a faster, cheaper way to make tools for large aerospace parts like skins for wings and fuselages.

In an announcement orchestrated from Barcelona, California-based HP in June announced an expansion of its 3D printing business.

The distributorship with NCS Technologies is aimed to grow their sales channel for TruPrint additive manufacturing systems throughout the U. S.

Betting that the worst of the pandemic will be over and travel restrictions lifted, the 2021 edition the machine tool exhibition is putting out the welcome mat to the world.

As more original equipment manufacturers (OEMs) and job shops “warm up” to the idea of laser welding, many have turned their attention to four specific technologies.

Improvements in manufacturing management software, robotics, additive manufacturing and thermal controls are making small batch sizes more cost effective—even for smaller shops. Manufacturing plants are able to reduce inventory, improve throughput and reduce demands on human operators.

Supply chains are creating cybersecurity risks for companies, according to a security services firm report.

What doesn’t happen in Vegas stays in our magazine. So, we bring you some highlights of the exciting advances in cutting you would have seen at FABTECH 2020 this year in Las Vegas, which has been canceled due to the COVID-19 pandemic.