Following in the footsteps of e-commerce giants like Amazon, more manufacturing companies are eagerly pursuing opportunities to expand supply chains on a global scale, increase inventories and jumpstart the entire manufacturing process.
Hyper customization, smaller batch runs, a shrinking labor pool, energy availability, and global competition are factors that are increasing in importance and are also pointing to a much-needed new direction that companies will need to take in order to remain relevant ...
The networking needs of a manufacturing floor are very different than that of the front office. Manufacturers cannot tolerate network outages on the plant floor where time truly equals money.
It may be hard to believe, but there are still a large number of outdated systems, such as Windows 7 for clients and Windows 2008 for servers, which are running key areas of companies' businesses. Worst yet, some are still using Windows XP, Windows Server 2003, Office 2007..
Integrating veterans into the workforce is a smart and straightforward way for industry employers to invest in the future of America's veterans while also investing in the future of manufacturing.
From Blockchain to Digital Twinning: Technologies That Can Revolutionize Business Models in Manufacturing
In its recent 'Exponential technologies in manufacturing' study, Deloitte observes that organisations from every industry now face mounting pressure to transform and make the shift from product-centric business models to capture other sources of value
We see a shift from big, monolithic software by large vendors to modular, highly specific components by smaller ones. This allows manufacturing companies to become more agile in the tools they use, ultimately allowing them to more easily find the best tool for the job.
The exact impact of IoT, AR/VR, mobile, and generative design will vary from company to company, but make no mistake: These trends are already starting to shape the landscape around them.
Key themes woven into our worldwide manufacturing top 10 predictions for 2019 include the focus on digital transformation (DX), manufacturing business ecosystems, supply chain management, product and service innovation, and smart manufacturing.
These secondary sourcing partners might only be temporary or assume small roles in regular production, but the advantages manufacturers realize from having a reliable backup readily available are substantial
In the next 10 years, 4.6MM manufacturing jobs will become open and only 2.2MM are likely to be filled. As this skills gap widens for manufacturing firms, it's going to be critical to run their organizations as efficiently as possible.
The manufacturing sector currently contributes Â£6.7 trillion to the global economy. Despite being subject to regular negative reports, the UK continues to play a significant role in the evolution and growth of global manufacturing.
In terms of manufacturing, flexibility refers to the machines being adaptable and responsive to change. In the case of flexible manufacturing, the machines are able to adapt processes and scale their operations according to different situations...
In order for a manufacturing company to truly scale and catch up to the technology demands of their business, they need to identify and secure talent at all levels that help them meet their demands in real time.
The manufacturing industry is facing a hiring crisis. According to Deloitte, by 2025, the manufacturing skills gap will result in a need for 3.4 million skilled workers, and 2 million of those roles will go unfulfilled.
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LiDAR (Light Detection and Ranging) is one of the most reliable methods for parts sensing in factory automation today. SICK has made this technology affordable and easy to use! Click on the video link below to learn about the TiM1xx LiDAR sensor and how it provides: - Area scanning LiDAR technology in a standard sensor package - 200-degree field of view and 3 meter sensing range allows for 169 square feet of area scanning - Compact size and light weight enables ease of deployment in "non-standard" type applications, like end-of-arm robotic tooling - Wide area scanning without having to mount a transmitter and receiver makes installation much easier - IO Link for easy configuration