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Plex Systems | May 08, 2020
Plex Systems announced the results of its fifth annual study, the State of Manufacturing Technology. Smart manufacturing, also referred to as Industry 4.0, encompasses the convergence of physical and digital systems, leading to the rise of smart factories.<...
Innovation
LLumin | January 19, 2022
Four out of every five companies experience unplanned downtime. And that downtime significantly impacts the bottom line in manufacturing—costing companies as much as $260,000 per hour according to Aberdeen Research. To combat downtime, something that's increasingly difficult in an economy with ongoing labor shortages and supply chain challenges, companies are turning to advanced technologies to minimize and reduce downtime, using machine learning and predictive analytics...
Faurecia | January 28, 2020
Technological advances are transforming every aspect of our lives, from virtual personal assistants to autonomous vehicle features. These advancements are moving even more quickly in manufacturing environments, where technologies such as automated guided vehicles and augmented reality play significant roles in our production process. It’s no exaggeration to say the automotive industry is experiencing more disruption now than it has in its entire history. New entrants such as Tesla and Chin...
The Manufacturer | March 02, 2020
The coronavirus crisis in China has had an unexpected impact on manufacturing. Manufacturers in China were shut down in a bid to contain the outbreak, and supply chains went into shock. UK manufacturers such as Jaguar Land Rover and JCB, who had come to rely on an uninterrupted flow of parts from China, were forced to scramble for continuity. JLR resorted to using suitcases to ship parts. JCB closed down production. What does this tell us about how supply chains will evolve in the future? The Co...
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