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How to Apply Principles of Lean Thinking to the Manufacturing Process

In manufacturing, the most efficient process is destined to come out on top. Efficiency is the highest priority. Toyota revolutionized the standards of efficient manufacturing by applying the principles of what is now known as lean thinking, a term coined by Daniel T. Jones and James P. Womack who have studied Toyota’s rise in-depth.

Contain the Risks of Obsolete Engineering Information

Engineering information is both pervasive and essential within manufacturing plants. And, it changes constantly as a result of maintenance-related adjustments, alterations in plant processes, or the swap-out of components.

VeriTX Announces Licensing Agreement

VeriTX Corp. announced today an agreement to license Moog Inc.’s VeriPart process which enables high integrity supply chain solutions.

Boeing Throws Up the White Flag on 737 Max

Boeing Co., which had wanted to return the 737 Max to service this month, threw up the surrender flag on Dec. 16. The company said it will suspend 737 Max production in January.

ISM Forecasts Manufacturing to Expand in 2020

Manufacturing should expand in the first half of 2020, including increased revenue for companies, the Institute for Supply Management said this week in a semi-annual forecast.

The Light and Dark of Manufacturing

As I walked through the DMG Mori factory in Davis, Calif., during the company’s Manufacturing Days event in October, there was something noticeably different about it compared to other factories I’ve visited: it was brightly lit and quiet.

Time to Prepare, Not Panic, in 2020

Expect at least two recessions, or downturns in GDP growth, in the next few years. That is the prediction of Brian Beaulieu, CEO and chief economist for ITR Economics.