How to Build a Proactive Obsolescence Management Plan for Critical Components

All products eventually become obsolete, which can have significant consequences when it affects critical components. Proactive strategies can mitigate these risks. How can organizations develop an effective obsolescence management plan or refine their current one?

AI in Manufacturing Market 2020 -26 Emerging Trends and Top Key Player

AI in Manufacturing will help companies achieve higher productivity and cost effectiveness over a period. One of the major applications where AI is deployed in the manufacturing plants is Asset maintenance.

Why Manufacturers Are Focusing on Cognitive and Predictive Asset Management

With off shoring trend reversing in most countries, on shoring with smart plants are becoming increasingly popular choice. Comparesoft studied the key reasons why manufacturers are adopting cognitive and predictive maintenance strategies in their smart plants.

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Featured Product

Strain Wave Gearheads by maxon - Highly precise, compact, and efficient.

Strain Wave Gearheads by maxon - Highly precise, compact, and efficient.

Strain wave gearheads are ideal for use in applications requiring precision motion control and high torque transmission in a compact design. maxon strain wave gearheads are a specialized type of gearhead where precision and compact design are crucial. This type of gearhead is often used in applications in a confined space. With their advanced gear tooth design, maxon's strain wave gearheads provide high efficiency and good back drivability. Typical applications include: Robotics, Aerospace, Medical technology and Optical systems .

Manufacturing and Automation - Featured Company

MRPeasy

MRPeasy

MRPeasy is a seriously powerful and easy to use ERP software for small manufacturers that gives you everything you need to manage your manufacturing and distribution processes. Integrating sales, procurement, inventory, production, finances, and your team, it provides you with an accurate real-time overview of your operations. MRPeasy is trusted by 2000+ small manufacturers worldwide, 700+ of which are based in the US and Canada. Our users report a 54% average improvement in the overall performance of their business and a 42% increase in on-time deliveries. Try for free, no credit card needed.