Technological innovations are having an explosive impact in
the manufacturing sector. A recent article from Industry Week makes some
predictions for the direction of manufacturing technology in 2020.
Additive Manufacturing (AM) – This refers to
technology such as 3D printing, where materials are joined together, usually
layer by layer, to create new objects. Advances in this area have made …
The value of the Industry 4.0 market is predicted to exceed
$150 billion within the next five years—so what do you need to know about it? A
recent article from Industrial Machinery Digest offers an overview of
the technologies it includes.
5G Connectivity – This is the fastest and most
reliable wireless network to date. Applications of 5G technology …
What does this year hold for the manufacturing industry? A
recent article from Manufacturing Business Technology makes three key
predictions about what will impact the industry most in 2020.
5G-Connected Manufacturing Devices – The
incidence of 5G connectivity between manufacturing devices is predicted to
skyrocket in 2020. This type of connection is lightning fast and able to manage
large amounts …
Family business isn’t the same as it used to be. In the
past, the most common model was for a family to focus on one business together.
These days, families are more likely to branch out beyond their legacy
business, working together to support one another in new ventures. A recent
article for Industry Week examines what it …
This article discusses different topics involving how technology will impact the manufacturing industry in 2020. Many experts believe that this year technology will gain a significant role in the way things are conducted. From embracing 3-D printing and other automated tools to IoT investments, these insights are worth working into as we start the …
This article discusses the potential threats of the new technology known as the Internet of Things (IoT) in the manufacturing industry. From having more cost-efficient options to security and regulation concerns, this new technology may not be as brilliant as advertised in terms of manufacturing.
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This article discusses how the manufacturing industry is constantly undergoing change and adapting to the world we live in. However, technologies such as 5G, predictive maintenance, and 3-D printing could help the industry adapt to the new world of digitalization, and it is worth familiarizing yourself with these trends moving forward.
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Supply chain optimization offers many opportunities for manufacturers to improve performance. This article discusses three solutions for streamlining and economizing manufacturing supply chains. These solutions include: cross-location data funnels, predictive analytics, and workforce solutions.
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This article discusses the concept of “lean” and how it applies to the manufacturing industry. In addition, it outlines the top five practices that your company can implement in order to achieve this “lean” concept. From eliminating waste to using the five S’s, these tips are worth looking in to.
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This article discusses the recent annual manufacturing report put out by the consultants at Deloitte. According to the report manufacturing numbers were down for the second consecutive month, and they claim it is because of the extreme labor shortage within the industry.
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