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

Datanomix Production Monitoring

Datanomix Production Monitoring

Datanomix Production Monitoring delivers instant visibility into your shop floor performance. Through real-time alerts, simple machine connectivity, and our kick-ass coaching, you'll catch inefficiencies early, align your team with meaningful metrics, and respond faster to issues before they escalate. The software adapts without operator input and works out of the box with purpose-built Tracks (Efficiency, Delivery, Tooling, and more). Production Monitoring arms you with the data to make more, waste less, and lead with confidence. And while real-time visibility keeps you sharp in the moment, historical insights ensure you're learning from the past to drive ongoing continuous improvement.

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.