It is vital for manufacturers not to give away what they are best at, to some third-party contract manufacturing firm and compromise the quality and the experience promise that clients expect. The cost equation that's bothering these manufacturers, however, can be solved by shedding the non-core design tasks while retaining back the control in manufacturing.
Automation is worthwhile particularly when there are large amounts of data, the tasks are repetitive or certain data is already available electronically in databases or other systems.
Bloomberg View: Advocates often point to Germany, home to the world's most well-developed apprenticeship system, as a model.
Julian Mitchell for Forbes: LAYR is a cloud-based, end-to-end 3D printing software that makes creating and printing 3D objects easy and efficient.
Chris Grove for MBT Mag: Some organizations have a false sense of security and believe their industrial control systems can't be easily compromised.
Candice Majewski for Independent: Members of the team behind the Electron rocket at US company RocketLab say the engine was printed in 24 hours and provides efficiency and performance benefits over other systems.
Custom pushback rack improves storage density, safety at Hyundai Powertech
By connecting manufacturing leaders with end-users, implementing machines that are able to maintain themselves and teaching current employees how to work with the new line of industrial robotics, proactive and tech-savvy manufacturers are in a position to revolutionize the way they do business from this point forward.
By connecting their factories all over the world, manufacturers can see the entire operation. They can make updates in real-time. They have vision into which plants are running efficiently or where there are production issues.
Traditionally, raw materials and inventory of finished goods were considered assets. This notion has changed because of JIT and now inventory is considered as waste or dead investment, incurring additional costs.
Addresses need for tech skills in manufacturing workforce
Strong authentication of all devices within an IIoT network is one of the fundamental requirements for securing these networks.
Anirban Nag for Bloomberg: Robots to offset negative impact of slower labor force growth. Emerging markets won't be so lucky, Moody's report says
Dan Miklovic, LNS Research via Plant Services: On the road to smarter manufacturing, do not confuse sophistication with maturity.
Technology for Industrial Control Systems and SCADA are now available that allow for continuous monitoring of these critical systems. A baseline is created and any deviations can be alerted and acted upon.
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