Home > Resources > Articles > Did You Read about the Manufacturing Challenges for 2022?

Did You Read about the Manufacturing Challenges for 2022?

MANUFACTURING_CHALLENGE
The new manufacturing industry outlook for 2022 is what businesses desire. Due to COVID-19, the sector has seen several ups and downs in recent years. But the industry overcame the most difficult situation by adopting innovations as their working hands.

But all this upgrading and digitalization in manufacturing isn't for everyone. Some manufacturers may struggle with this change, while others may not. So, taking into account all industry segments, we have compiled a list of potential manufacturing challenges for 2022.

“Many companies simply are not willing to change or think they are done once they make a change. But the truth is that technology, consumer demands; the way we work, human needs and much more are constantly changing.”

– Michael Walton, Director, Industry Executive (Manufacturing) at Microsoft

The summary of manufacturing industry challenges and industry outlook for 2022 are presented in the stats below.
  • According to the National Association of Manufacturers (NAM), four million manufacturing jobs will likely be needed over the next decade, and 2.1 million will likely go unfulfilled unless we motivate more people to pursue modern manufacturing occupations.
  • According to PTC, 70% of companies have or are working on a digital transformation plan.
  • According to Adobe, 60% of marketers feel technology has increased competitiveness.

The statistics show that while digitalization facilitates the process, it also poses several challenges that must be addressed in the coming years. Let's explore what obstacles manufacturers may face in 2022.

The Manufacturing Industry Challenges in 2022

The manufacturing business has had a difficult few years as a result of the current economic downturn, and 2022 may not be even that smooth. Thought, technology, and current trends make the operations of upscale manufacturers easier, but not everyone is on the same page.

Let's look at some of the manufacturing challenges that businesses will face in the next year.

Skilled Labor Shortage

The manufacturing industry is facing a workforce shortfall as a skilled generation prepares to retire. Industry experts say that by 2025, there will be between 2 and 3.5 million unfilled manufacturing jobs. As a result of the advancement of new technologies, manufacturing organisations are finding themselves with fewer personnel. They do, however, require individuals with a diverse range of abilities, such as mathematicians and analytic thinkers, to accomplish the tasks with precision.

Specific manufacturing tasks have been automated to save time and money. Industry has adopted machine sensors to capture large amounts of data. With this kind of innovation, the industry's job structure is changing and the desire to hire an untrained or trainable workforce is slowly fading in the industry. However, using augmented reality and virtual reality, manufacturers can easily train personnel for the job and save money.

Lack of Ability to Mine Data

Manufacturing is progressively using IoT. The majority of businesses have already installed or are planning to install Internet of Things machines. These smart machines let businesses collect data to improve production and conduct predictive maintenance. But getting data is a simple task. The difficult aspect is analyzing and aggregating data.

Despite possessing the machines, most companies lack the systems to analyze and retrieve the data recorded by the systems. In this way, the industries are missing a vital opportunity. The industry must improve data mining capabilities to make better decisions in real-time.

Using IoT for analytics and predictive maintenance is critical. Monitoring technologies can help the sector examine data quickly. It can also help predict an asset's maintenance period. As a result, the industry will move from replacement to predict and fix.

Self-service Web Portals That Is Extremely Detailed and Precise

Manufacturing businesses usually strive for on-time order delivery and optimum revenue. However, consumer self-service, which has been in the industry for a long time, has never proven to be a simple walk for clients. Clients are frequently required to pick up the phone and contact manufacturers in order to track their orders and receive delivery estimates. This is hardly the service one would expect from a manufacturer, even more so in today's digital era.

The term customers in manufacturing include partners, end-users, and subcontractors. These three clients have distinct requirements and concerns about collaborating with the manufacturer. Companies can better serve their customers if their partner and end-customer portals are linked to a central hub which we can mention as self-service web portals.

All of the information and updates they need about their orders will be available to them through this new system. They can track, accept and amend their tasks. They'll also use the self–service portal to contact the manufacturer.

In this way, manufacturers can better serve their customers. A system like this will ensure that all parties have access to timely information in a digital format.

Meeting the Deadline for the Project

Product launch timelines are extremely demanding, tight, and stringent. Every project in the assembly line is about cost, time, and quality. Ultimately, these projects are rigorous and well-controlled. Manufacturers who fail to meet deadlines risk losing millions in potential revenues and sales.

Due to rigidity and stringent control, companies are less able to change project scopes or make adjustments as projects develop. The majority of initiatives begin with a design commitment. As new facts or change criteria emerge, adjustment flexibility decreases. This can be aggravating for a team that expects high-quality results. Deadlines are always a constraint.

Effective Business Digital Marketing Strategy

An industry's key digital transformation challenges are driving leads, sales, and MRR through digital channels. Many manufacturing organizations struggle to efficiently use marketing channels like paid media, enterprise SEO, local SEO, content strategy, and social media. In our opinion, one of the most significant issues these organizations have is their digital experience, website design, and overall brand presentation. They can't ignore them if they want to keep enjoying the manufacturing revival.

Visibility of the Supply Chain

Manufacturers must respond to the growing demand from customers for greater transparency. In order to meet customer demand across the customer experience and product lifecycle, they must first understand that precise and real-time visibility throughout the supply chain is essential.

All details must be taken into consideration by the manufacturers. They must be aware of any delays in the arrival of products on the market. Keeping abreast of such developments would give them a leg up in terms of adjusting or rectifying the situation.

Final Words

Manufacturing industry challenges have long been a part of the industry. However, industry leaders and professionals have always confronted and overcome any challenges that have come their way. The year 2022 will also be a year of achievements, setting new records, and growth for the manufacturing industry, since it will be a year in which it will develop solutions to all of the aforementioned challenges.

FAQ


What is the future of manufacturing?

Manufacturers should start using AI, block chains, and robotics today. The combination of these new technologies will reshape manufacturing. A new workforce capable of augmenting these technologies is developing and will become the future of manufacturing.

How will automation affect manufacturing in 2022?

When applied properly, automation can greatly assist manufacturing. These benefits include shorter production times, faster and more efficient work than human labor, and lower production costs.

How is the manufacturing industry’s market likely to upsurge in the future?

According to BCC Research, the global manufacturing and process control market is expected to grow at a CAGR of 6.3 percent from $86.7 billion in 2020 to $117.7 billion in 2025.

Spotlight

Bricsys

Welcome to Bricsys an innovative CAD solution with 3D building and manufacturing toolsets, and a cloud-based collaboration platform. Bricsys part of Hexagon, is the global technology company creating the BricsCAD® family of computer-aided design (CAD) products and the Bricsys 24/7 cloud-based collaboration platform. We are committed to increasing our customer’s productivity by automating design, engineering, construction, and manufacturing workflows with open and interoperable technology solutions.

OTHER ARTICLES
Industrial 4.0

Top Industry 4.0 Certifications in Machine Learning and Cognitive Computing

Article | July 4, 2023

Find the best industry 4.0 certification to get equipped and in par with the transformative world and real-world applications in industries. Read on to learn more on syllabus and levels they offer. The Industry 4.0 revolution has brought forth significant advancements in machine learning and cognitive computing. As organizations strive to harness the power of these technologies to drive innovation and gain a competitive edge, the demand for skilled professionals in these domains has soared. Recognizing this growing need, several industry-leading certifications have emerged to validate and enhance individuals' expertise in machine learning and cognitive computing. These certifications serve as benchmarks of proficiency, demonstrating a thorough understanding of the underlying principles and practical applications within these cutting-edge fields. In this article, we will explore some of the top certifications available in machine learning and cognitive computing within the realm of Industry 4.0. 1. Roadmap to Success in Digital Manufacturing & Design This course, offered by the University at Buffalo, introduces learners to digital manufacturing and design (DM&D) and explores the transition towards a DMD model, also known as Industry 4.0. Throughout the course, learners will develop a personalized roadmap to achieve their professional goals in the DM&D profession, leveraging the opportunities presented by Industry 4.0. The culminating project allows learners to showcase their knowledge of Industry 4.0 and create a tangible element for their professional portfolios. The course is part of the digital manufacturing and design technology specialization, which delves into various aspects of Industry 4.0. 2. Festo Industry 4.0 Certification Program The Festo Industry Certification Program (FICP) is a comprehensive industry skills certification designed to prepare students for careers in the field of Industry 4.0. The program, built on industry and education partnerships, draws upon Festo's decades of experience in industrial automation and technical education. The certification program consists of three levels. At level one, certified students become proficient machine operators/technicians with knowledge of system components and the ability to identify and address malfunctions. Level Two focuses on advanced mechatronics, enabling technicians to analyze and troubleshoot complex I4.0 systems. Level Three prepares students to design and engineer intricate I4.0 systems, applying systems engineering practices. The program offers diverse job opportunities, including roles such as electromechanical technicians, mechatronics engineers, and robotics specialists. 3. Digital Transformation and Industry 4.0 This comprehensive course on Digital Transformation and Industry 4.0 equips learners with a deep understanding of digital transformation's roots and future direction. Real-life cases from various industries demonstrate how businesses are evolving in response to these changes. Participants will gain insights into overcoming the challenges associated with digital transformation projects. The course comprises 2.5 hours of on-demand video, four articles, and 32 downloadable resources. With mobile and TV accessibility, learners can earn a certificate of completion. Trusted by top companies, this course is one of the highly rated courses for business professionals worldwide. 4. Customer Experience (CX) in Industry 4.0 This course on 'Customer Experience (CX) in Industry 4.0' provides a comprehensive guide to understanding and harnessing the potential of digital transformation in enhancing customer experiences. With over 9 hours of on-demand video content and a fillable PDF Workbook, learners will explore the customer life cycle, the impact of Industry 4.0 on customer experience, and the benefits it offers. They will also gain insights into market trends, challenges, opportunities for innovation, and the implementation framework of Industry 4.0. This course is ideal for professionals and business owners seeking to create future-proof customer experiences in the rapidly evolving digital landscape. 5. Fundamentals of Industry 4.0 The course provides a beginner-level introduction to Industry 4.0, the foundation of digital transformation in the industry. Participants will learn about the basic concepts, components, technologies, and applications of Industry 4.0. The course covers topics such as smart factories, smart supply chains, and various Industry 4.0 technologies like IoT, AI, and cloud computing. By the end of the course, learners will have a solid understanding of the terminology and principles of Industry 4.0. This course is suitable for individuals interested in real-time applications of Industry 4.0 and those looking to update their knowledge in this field, including undergraduates and recent graduates. 6. Textile 4.0 - Textile and Apparel Industry in Industry 4.0 Textile 4.0 - Textile and Apparel Industry in Industry 4.0 offers a beginner's guide to Textile 4.0, focusing on transforming the textile and apparel industry in the context of Industry 4.0. Participants will explore market insights, understand the concept of Industry 4.0, and delve into topics such as cyber-physical systems, smart factories, and the impact of Industry 4.0 on the textile and apparel industry. The course aims to showcase how Industry 4.0 can contribute to making the textile industry more sustainable. With over 6 hours of content and 11 sections, learners will learn about business processes, technologies, and trends shaping the industry. This course is suitable for undergraduates, business executives, professionals in the textile industry, and anyone interested in the intersection of business and technology. 7. Industry 4.0 - Automation & Applications Focusing on automation and its applications, this course on Industry 4.0, specifies robotics, numerical control (NC) and computer numerical control (CNC) machines, and 3D printing. Participants will learn about the classification of automation, types of control systems, ethical considerations, and the fundamentals of robotics, including components, configurations, and degrees of freedom. The course also covers NC and CNC machines, programming formats, applications, and an overview of 3D printing workflows, materials, and their uses. It is designed for mechanical, manufacturing, and industrial engineering students and professionals interested in Industry 4.0. By exploring these technologies, learners can gain valuable insights into the advancements that can revolutionize manufacturing practices. 8. Manufacturing 4.0 - Impact of Industry 4.0 on Manufacturing One of the industry 4.0 training certification, this course provides a comprehensive beginner's guide to Manufacturing in Industry 4.0, exploring the transformative impact of this industrial revolution. Participants will discover how manufacturing is being reshaped by adopting Cyber Physical Systems, artificial intelligence, and robotics. Key topics covered include mass customization, predictive maintenance, machine learning, artificial intelligence, additive manufacturing (3D printing), computer simulation, cloud computing, virtualization, and horizontal and vertical integration. Learners will understand how Industry 4.0 enables personalized products, reduces operational and maintenance costs, enhances prototyping capabilities, facilitates product visualization through computer simulation, and fosters collaboration in supply chains. This course is ideal for individuals curious about the latest trends in business and technology, especially in the context of manufacturing. 9. Digital Transformation from Industry 4.0 to Industry 5.0 It comprehensively explains the digital transformation journey from Industry 4.0 to Industry 5.0. Participants will explore the foundations and technologies of Industry 4.0, its impact on supply chain management, and the future of work. They will also delve into the transition to Industry 5.0, focusing on human-robot interaction and the implications for the workforce. The course emphasizes the benefits and downsides of Industry 4.0, identifies jobs most likely to be affected, and recognizes the broader societal impact. This course will give learners insights into digital transformation challenges and real-life industry cases. It is designed for C-suite executives, industry leaders, managers, pioneers, and torchbearers seeking to navigate the evolving digital transformation landscape. 10. Digital Manufacturing and Industry 4.0 This industry 4.0 online certification course on Alison allows learners to develop core competencies in digital manufacturing and Industry 4.0. Throughout the course, participants will gain a deep understanding of various methodologies that enable the transformation of industrial processes and drive value through digital innovations. By the end of the course, learners will be equipped with the skills necessary to prepare for or advance their careers within the global digital technologies-driven manufacturing sector. Topics covered include the impact of design manufacturing, the benefits of digital manufacturing approaches, model-based systems engineering, advanced analysis of manufacturing processes, the digital thread, smart factories, the Industrial Internet of Things (IIoT), data security, cyber-physical technologies, and the skills required for a career in the digital manufacturing sector. Wrap Up Obtaining industry-recognized certifications in these domains becomes crucial for professionals seeking to excel in their careers. The certifications discussed in this article represent some of the leading credentials available, enabling individuals to validate their knowledge and expertise in machine learning and cognitive computing. By acquiring these certifications, professionals can demonstrate their commitment to staying at the forefront of technological advancements and become valuable assets to organizations embracing the transformative power of Industry 4.0. As the demand for skilled practitioners continue to grow, these certifications will undoubtedly play a pivotal role in shaping the future of this exciting field.

Read More
Manufacturing Technology

7 Strategic Benefits of E-commerce for the Manufacturing Industry

Article | February 14, 2022

B2B e-commerce for manufacturers is seeing resurgence in the manufacturing business. Today's manufacturers are moving away from old business models and heading towards digital ones. “E-commerce isn’t the cherry on the cake, it’s the new cake” - Jean Paul Ago CEO L’Oreal The Manufacturing & E-commerce Benchmark Report says, 98% of manufacturers have, or plan to have, an e-commerce strategy. 42% of manufacturers who are engaged in e-commerce and digitalization said it has improved customer relationships. The statistics above shed light on the manufacturing industry's development. We must acknowledge that our physical factory is transitioning into an e-commerce factory. B2B businesses are taking advantage of the convenience of browsing online product catalogs without having to go to the site. Why Is E-commerce for Industrial Products Important? Consumer behavior is driving transformation in the manufacturing space, particularly with the shift to digital channels. Manufacturers who still handle consumers solely by phone, fax, or email run the risk of losing their loyal consumer group. This is because, in recent years, their worlds and preferences have grown increasingly digital. In the Manufacturing & E-commerce Benchmark Report, manufacturers claimed that internet sales accounted for over half of their total income. So, manufacturers have come a long way since their earlier days. According to Digital Commerce 360, 80% still relied on their internal sales force to boost revenue. But we all know that manufacturers can do more to meet B2B customer needs. Today's B2B clients expect self-service options in addition to transactional websites. These buyers want reliable information from your web business, whether it is inventory levels, product specifications, order history, or their personal negotiated discounts. It should be available anytime and wherever customers desire. “You can’t wait for customers to come to you. You have to figure out where they are, go there and bring them back to your store” - Paul Graham, Y COMBINATOR The key reasons for the demand for e-commerce for industrial products are 75% of B2B goods are purchased online. 1 in 3 buyers pick a vendor on the basis of its online ordering, payment, tracking, and return capabilities. B2B Manufacturing E-commerce Benefits Efficient Operations A B2B e-commerce platform helps manufacturers across sectors to increase productivity, reduce costs, and simplify procedures. A web-based manufacturing e-commerce catalog significantly reduces the cost of printing product catalogs. It automates time-consuming operations such as catalog relevance maintenance, data cross-checking, and human data entry. It can connect with ERP, CRM, PIM, and other systems, thus streamlining a lot of back-end operations. Order Accuracy Manufacturers have to cope with enormous orders and diverse customers. Fortunately, many B2B e-commerce platforms allow for customized pricing lists and RFQ procedures. Personalized and smooth ordering is possible with configurable back-office operations. It eliminates mistakes and saves time by processing orders quickly. Better Analytics Online consumer data helps manufacturers grow their businesses. An e-commerce platform gathers data about purchases, sales, refunds, shipping, and more. This data helps to forecast trends and optimize inventory and delivery. This information can help product developers make their products better, sales reps find customers, and marketing teams find customers. Unlock Revenue Sources While some businesses were already in the process of shifting online, the pandemic has accelerated the digitization process and showed that shifting online is the only option to counteract declining physical revenues. An internet store brings new customers to traditional businesses. A solid SEO strategy and a mobile-friendly shop may help them establish a large client base and sell more to them. Passive Earnings A well-designed manufacturing e-commerce site will automate back-office tasks and allow users to self-serve their orders. Automation relieves salesmen and increases operational hours. As a result, manufacturers may sell 24/7 and personnel can explore other revenue-generating options. Gain Brand Awareness E-commerce is a great marketing tool for manufacturers. They can help with search engine visibility, especially as B2B customers increasingly use Google to study firms. This could help people who make and sell things, as well as distributors and retailers who work with them. Expand to New Markets Vertical, market, and geographic expansion become simple with the proper e-commerce solution. Flexible solutions let businesses grow into new areas and respond to opportunities faster. Aside from B2B sales, several manufacturers choose B2B2C sales or direct-to-consumer sales (D2C). As manufacturers diversify their companies, these tendencies gain traction. Final Word Manufacturing e-commerce is more than just online shopping and selling. It's not simply about interacting with clients on the Internet. “E-commerce is a business tool that may help your company profit from bigger digital transformation and business evolution projects. Having a successful and expansive manufacturing business requires the design of an interactive and customer-centric B2B e-commerce platform. So, if you haven't considered converting your physical goods factory to an e-commerce factory yet, now is the moment. FAQ Why is web server bandwidth vital for e-commerce sites? Web server bandwidth is also significant because the more bandwidth available, the more simultaneous visitors your site can handle. Most ISPs and web hosts must supply adequate bandwidth to handle peak demand. What policies must e-commerce sites have before going live? A privacy policy, accessibility regulations, and financial reporting policies are just a few of the policies that an e-commerce company site must design before going live. How is e-commerce useful for manufacturers? E-commerce allows manufacturers to test new products without risking a large investment. Instead of opening physical storefronts or stocking inventory, you may start selling the new product online.

Read More

Monitoring Hydrogen Sulphide (H2S) Corrosion in Oil & Gas Upstream Industry

Article | August 5, 2020

The dangers of Hydrogen Sulphide (H2S) aka Sour Gas in oil and gas production are well known. A highly toxic, corrosive, flammable and explosive gas. H2S is colourless and although characterised by it “rotten egg” smell, at high concentrations can also be odourless. H2S poses an extreme risk to health and safety of personnel. Exposure can result in serious short term and long terms effects, including rapid unconsciousness, coma, and even death. Operators therefore implement very strict procedures and protocols for personnel working in areas where there is potential for exposure to the gas including provision of specialist training, installation of H2S gas detection systems throughout the site / facility and by issuing personnel gas monitors and breathing apparatus.

Read More
Procurement & Supply Chain

A Guide to Warehouse Inventory Management: Best Practices, Challenges & Solutions

Article | February 3, 2022

Inventory management in warehouse is a never-ending cycle till the time the business is in operation. As your business expands, so does the amount of effort and money spent on warehouse inventory management. After all, the more orders you receive, the more time you'll need to spend on inventory replenishment and warehouse organization. Fortunately, there are several methods to enhance the warehouse inventory management process, from more efficient storage to the use of automation and other solutions that can minimize manual labor, human error, and total expenses. In this article, we will look at some of the key challenges that manufacturers face while managing their warehouse inventory and their solutions. Furthermore, we see the best practices for optimizing your warehouse inventory management that would ultimately enhance the efficiency of business operations. Warehousing and Inventory Management Best Practices Appoint a Warehouse Supervisor Managing an effective warehouse begins with hiring a qualified manager. Your organization should choose a warehouse manager with substantial expertise in operating a warehouse comparable to the one you will be operating. A skilled warehouse manager ensures that everything runs smoothly. He/she must be organized, knowledgeable about warehouse operations and technology, and function as a quarterback for the warehouse's rest of the team. Your warehouse manager will monitor your staff to ensure things are correctly scanned and cataloged. Additionally, they will frequently engage with your warehouse inventory management software to keep a bird's eye perspective on your goods. Finally, your warehouse manager will be responsible for handling any inconsistencies or challenges that develop, so that they respond dynamically anytime your warehouse staff discovers a problem. Some attributes to look out for in your warehouse manager are: organizational ability, precision, tech-savvy, safety-mindedness, leadership, integrity, and a sense of calm. Plan the Warehouse Layout The structural layout of your warehouse will either assist or limit your warehouse workers' ability to promptly pick, load, and send items out in response to a sale or transfer request. By dividing warehouses into zones or slots and numbering aisles and bins, warehouse employees may more easily navigate the storage facility. While not all warehouses are designed the same way, an organized warehouse is necessary for effective operations. The way you plan your warehouse space will depend on the things you store. For example, a warehouse containing huge machinery may have specialized zones, whereas a warehouse storing small retail products will have bins and aisles. Optimizing your warehouse plan will not only enhance space utilization but also increase warehouse productivity and save you money. Consequently, this helps you reach your company goals and satisfy your customers with on-time deliveries. Create a Workflow Maintaining an efficient inventory control warehouse is critical to avoid bottlenecks and out-of-stock situations. In addition, a streamlined inventory workflow can assist you in keeping your buyers satisfied and convert them into loyal customers. So, how would you establish an efficient workflow? Here are some helpful warehousing and inventory management suggestions: Make an attempt to estimate future sales. Use tools that assess old sales and forecast future sales for you. Set a minimum production quantity for each product. This helps to avoid losing sales and income due to product shortages. Set a maximum stock limit. This assists in avoiding overstocking a product, which can result in considerable losses. Ensure that products are delivered out in the order in which they were received (first in, first out) to maintain product freshness and reduce shelf life. Use a warehouse inventory management system. This is the simplest and most effective method of maintaining a steady inventory flow. Invest in Warehouse Inventory Software A warehouse management system (WMS) is a software solution designed to automate, optimize, and support the operations and activities of a business warehouse. It can automate and simplify a variety of warehouse management operations and maintain a real-time inventory record of all available goods. When goods arrive and depart the warehouse, your warehouse inventory management system will accurately show all inventories and its whereabouts. Warehouse inventory management software may be configured to automatically replenish stock when a predefined minimum number of items are reached. The finest software analyzes previous sales data automatically to identify the appropriate minimum number for automated reordering. It also determines the minimum quantities at which each product should be replenished. Warehouse Inventory Challenges and Solutions Limited Visibility & Solution Inventory visibility refers to the ability to view and track inventory in real-time. It also helps gain insight into the exact number of units of each SKU in stock at all locations, along with its location within a warehouse or fulfillment center. When inventory is difficult to identify or find in your warehouse, it can result in incomplete, inaccurate, or delayed shipments. Receiving and locating the correct stock is essential for smooth running warehouse operations as it helps to maintain a positive customer experience. Solution: To optimize purchasing and receiving operations, increase accuracy, and eliminate missing goods. Including photos with correct product descriptions in your inventory database can also be helpful. Investing in inventory management software is, once again, the best way to overcome low inventory visibility. These systems are meant to automate the process of inventory management across the supply chain, all from a single dashboard. The adoption of digital and data-driven procedures allows businesses to have a comprehensive view of inventory management in warehouse. Inventory Depletion & Solution Unsold goods are considered a loss in inventory. Multiple factors contribute to inventory depletion or shrinkage. Sometimes stocks can become obsolete or out-of-date before being sold. In addition, spoilage, damage, or theft are a few other reasons for inventory loss and can be referred to as a serious supply chain issue. Therefore, it is necessary to identify, track, and measure trouble areas. Solution: Using a third-party logistics (3PL) or fulfillment service (fulfillment solution) increases security. To reduce inventory shrinkage, they'll take the necessary steps to keep your goods secure. They'll provide you with the technology and reports you need to keep an eye on stock levels. Using an Old Excel Spreadsheet & Solution The expansion of a company will be hampered if inventory is managed manually using paper-based techniques. A lack of digitalization and an ineffective inventory management procedure yield dismal outcomes when sales volumes rise and inventory increases. It is time to replace excel spreadsheets with newer technologies like business intelligence and to analyze and track large businesses better. Solution: Having an inventory management system will make the process more efficient and provide you with real-time data. Businesses utilize various inventory management systems, depending on their type of operations. Manual inventory, periodic inventory, and perpetual inventory are three examples of inventory management approaches. Another option is to use one of the several software programs such as Upserve, Megaventory, and Orderhive for inventory management that are currently available on the market. Warehouse Space Management & Solution A warehouse layout that facilitates the simple selection, packaging, and shipping of orders is a sign of efficient warehouse space management. Designing a functional warehouse layout is critical since it directly influences the efficiency and productivity of your warehouse. A well-designed warehouse layout enables easy access to stored goods, saves travel time, and increases order fulfillment rates. Solution: Optimize storage space and inventory flow by utilizing inventory management systems that include warehouse management features. Automate order picking, packaging, and shipping operations by categorizing inventory storage by shelf, bin, and compartment. Communication Difficulties & Solution Collaboration and communication are critical in the management of warehouse. Lack of communication in a warehouse can result in disorganized operations, resulting in errors and inefficient processes. In practice, this might imply that stock is misplaced or delayed, resulting in a negative customer experience. Solution: Warehouse workers should be equipped with phones and radios for one-on-one communication. Mobile devices are the foundation of portable communication, which is critical for warehouse employees who are always on the move. Supervisors and managers must have a PA system, also known as a public address system, to make announcements in an emergency or when loading and unloading goods. Another option to simplify warehouse operations is to distribute wearable GPS devices to your employees. Using cloud-based software to manage inventory also provides the best solution for checking stock and communicating data across departments. Final Words Warehousing and inventory management affect every step of your e-commerce supply chain, from receiving and storing goods to fulfilling and shipping orders. Poor warehouse inventory management may lead to higher logistics costs, dissatisfied warehouse personnel, more picking and packing errors, delayed shipments, and disappointed customers. However, with some of the best practices mentioned above, you may improve your warehouse inventory management. You can take advantage of the solutions to most of the key challenges listed above. FAQ What are the four ways to control inventory? The four key ways of controlling inventory are as follows: just-in-time delivery, downloading inventory software, stock control, and lowering carrying costs. How is inventory management different from warehouse management? The primary difference between the two systems is the human component. While inventory management is concerned exclusively with merchandise or stock, warehouse management includes the administration of workers as well as shipping or shipping professionals who work in a warehouse setting. What are the four inventory management types? Primarily, inventory management is grouped into four types: Raw materials Works-in-progress Maintenance, repair, and operations (MRO) goods Finished goods

Read More
Industrial 4.0

Top Industry 4.0 Certifications in Machine Learning and Cognitive Computing

Article | July 4, 2023

Find the best industry 4.0 certification to get equipped and in par with the transformative world and real-world applications in industries. Read on to learn more on syllabus and levels they offer. The Industry 4.0 revolution has brought forth significant advancements in machine learning and cognitive computing. As organizations strive to harness the power of these technologies to drive innovation and gain a competitive edge, the demand for skilled professionals in these domains has soared. Recognizing this growing need, several industry-leading certifications have emerged to validate and enhance individuals' expertise in machine learning and cognitive computing. These certifications serve as benchmarks of proficiency, demonstrating a thorough understanding of the underlying principles and practical applications within these cutting-edge fields. In this article, we will explore some of the top certifications available in machine learning and cognitive computing within the realm of Industry 4.0. 1. Roadmap to Success in Digital Manufacturing & Design This course, offered by the University at Buffalo, introduces learners to digital manufacturing and design (DM&D) and explores the transition towards a DMD model, also known as Industry 4.0. Throughout the course, learners will develop a personalized roadmap to achieve their professional goals in the DM&D profession, leveraging the opportunities presented by Industry 4.0. The culminating project allows learners to showcase their knowledge of Industry 4.0 and create a tangible element for their professional portfolios. The course is part of the digital manufacturing and design technology specialization, which delves into various aspects of Industry 4.0. 2. Festo Industry 4.0 Certification Program The Festo Industry Certification Program (FICP) is a comprehensive industry skills certification designed to prepare students for careers in the field of Industry 4.0. The program, built on industry and education partnerships, draws upon Festo's decades of experience in industrial automation and technical education. The certification program consists of three levels. At level one, certified students become proficient machine operators/technicians with knowledge of system components and the ability to identify and address malfunctions. Level Two focuses on advanced mechatronics, enabling technicians to analyze and troubleshoot complex I4.0 systems. Level Three prepares students to design and engineer intricate I4.0 systems, applying systems engineering practices. The program offers diverse job opportunities, including roles such as electromechanical technicians, mechatronics engineers, and robotics specialists. 3. Digital Transformation and Industry 4.0 This comprehensive course on Digital Transformation and Industry 4.0 equips learners with a deep understanding of digital transformation's roots and future direction. Real-life cases from various industries demonstrate how businesses are evolving in response to these changes. Participants will gain insights into overcoming the challenges associated with digital transformation projects. The course comprises 2.5 hours of on-demand video, four articles, and 32 downloadable resources. With mobile and TV accessibility, learners can earn a certificate of completion. Trusted by top companies, this course is one of the highly rated courses for business professionals worldwide. 4. Customer Experience (CX) in Industry 4.0 This course on 'Customer Experience (CX) in Industry 4.0' provides a comprehensive guide to understanding and harnessing the potential of digital transformation in enhancing customer experiences. With over 9 hours of on-demand video content and a fillable PDF Workbook, learners will explore the customer life cycle, the impact of Industry 4.0 on customer experience, and the benefits it offers. They will also gain insights into market trends, challenges, opportunities for innovation, and the implementation framework of Industry 4.0. This course is ideal for professionals and business owners seeking to create future-proof customer experiences in the rapidly evolving digital landscape. 5. Fundamentals of Industry 4.0 The course provides a beginner-level introduction to Industry 4.0, the foundation of digital transformation in the industry. Participants will learn about the basic concepts, components, technologies, and applications of Industry 4.0. The course covers topics such as smart factories, smart supply chains, and various Industry 4.0 technologies like IoT, AI, and cloud computing. By the end of the course, learners will have a solid understanding of the terminology and principles of Industry 4.0. This course is suitable for individuals interested in real-time applications of Industry 4.0 and those looking to update their knowledge in this field, including undergraduates and recent graduates. 6. Textile 4.0 - Textile and Apparel Industry in Industry 4.0 Textile 4.0 - Textile and Apparel Industry in Industry 4.0 offers a beginner's guide to Textile 4.0, focusing on transforming the textile and apparel industry in the context of Industry 4.0. Participants will explore market insights, understand the concept of Industry 4.0, and delve into topics such as cyber-physical systems, smart factories, and the impact of Industry 4.0 on the textile and apparel industry. The course aims to showcase how Industry 4.0 can contribute to making the textile industry more sustainable. With over 6 hours of content and 11 sections, learners will learn about business processes, technologies, and trends shaping the industry. This course is suitable for undergraduates, business executives, professionals in the textile industry, and anyone interested in the intersection of business and technology. 7. Industry 4.0 - Automation & Applications Focusing on automation and its applications, this course on Industry 4.0, specifies robotics, numerical control (NC) and computer numerical control (CNC) machines, and 3D printing. Participants will learn about the classification of automation, types of control systems, ethical considerations, and the fundamentals of robotics, including components, configurations, and degrees of freedom. The course also covers NC and CNC machines, programming formats, applications, and an overview of 3D printing workflows, materials, and their uses. It is designed for mechanical, manufacturing, and industrial engineering students and professionals interested in Industry 4.0. By exploring these technologies, learners can gain valuable insights into the advancements that can revolutionize manufacturing practices. 8. Manufacturing 4.0 - Impact of Industry 4.0 on Manufacturing One of the industry 4.0 training certification, this course provides a comprehensive beginner's guide to Manufacturing in Industry 4.0, exploring the transformative impact of this industrial revolution. Participants will discover how manufacturing is being reshaped by adopting Cyber Physical Systems, artificial intelligence, and robotics. Key topics covered include mass customization, predictive maintenance, machine learning, artificial intelligence, additive manufacturing (3D printing), computer simulation, cloud computing, virtualization, and horizontal and vertical integration. Learners will understand how Industry 4.0 enables personalized products, reduces operational and maintenance costs, enhances prototyping capabilities, facilitates product visualization through computer simulation, and fosters collaboration in supply chains. This course is ideal for individuals curious about the latest trends in business and technology, especially in the context of manufacturing. 9. Digital Transformation from Industry 4.0 to Industry 5.0 It comprehensively explains the digital transformation journey from Industry 4.0 to Industry 5.0. Participants will explore the foundations and technologies of Industry 4.0, its impact on supply chain management, and the future of work. They will also delve into the transition to Industry 5.0, focusing on human-robot interaction and the implications for the workforce. The course emphasizes the benefits and downsides of Industry 4.0, identifies jobs most likely to be affected, and recognizes the broader societal impact. This course will give learners insights into digital transformation challenges and real-life industry cases. It is designed for C-suite executives, industry leaders, managers, pioneers, and torchbearers seeking to navigate the evolving digital transformation landscape. 10. Digital Manufacturing and Industry 4.0 This industry 4.0 online certification course on Alison allows learners to develop core competencies in digital manufacturing and Industry 4.0. Throughout the course, participants will gain a deep understanding of various methodologies that enable the transformation of industrial processes and drive value through digital innovations. By the end of the course, learners will be equipped with the skills necessary to prepare for or advance their careers within the global digital technologies-driven manufacturing sector. Topics covered include the impact of design manufacturing, the benefits of digital manufacturing approaches, model-based systems engineering, advanced analysis of manufacturing processes, the digital thread, smart factories, the Industrial Internet of Things (IIoT), data security, cyber-physical technologies, and the skills required for a career in the digital manufacturing sector. Wrap Up Obtaining industry-recognized certifications in these domains becomes crucial for professionals seeking to excel in their careers. The certifications discussed in this article represent some of the leading credentials available, enabling individuals to validate their knowledge and expertise in machine learning and cognitive computing. By acquiring these certifications, professionals can demonstrate their commitment to staying at the forefront of technological advancements and become valuable assets to organizations embracing the transformative power of Industry 4.0. As the demand for skilled practitioners continue to grow, these certifications will undoubtedly play a pivotal role in shaping the future of this exciting field.

Read More
Manufacturing Technology

7 Strategic Benefits of E-commerce for the Manufacturing Industry

Article | February 14, 2022

B2B e-commerce for manufacturers is seeing resurgence in the manufacturing business. Today's manufacturers are moving away from old business models and heading towards digital ones. “E-commerce isn’t the cherry on the cake, it’s the new cake” - Jean Paul Ago CEO L’Oreal The Manufacturing & E-commerce Benchmark Report says, 98% of manufacturers have, or plan to have, an e-commerce strategy. 42% of manufacturers who are engaged in e-commerce and digitalization said it has improved customer relationships. The statistics above shed light on the manufacturing industry's development. We must acknowledge that our physical factory is transitioning into an e-commerce factory. B2B businesses are taking advantage of the convenience of browsing online product catalogs without having to go to the site. Why Is E-commerce for Industrial Products Important? Consumer behavior is driving transformation in the manufacturing space, particularly with the shift to digital channels. Manufacturers who still handle consumers solely by phone, fax, or email run the risk of losing their loyal consumer group. This is because, in recent years, their worlds and preferences have grown increasingly digital. In the Manufacturing & E-commerce Benchmark Report, manufacturers claimed that internet sales accounted for over half of their total income. So, manufacturers have come a long way since their earlier days. According to Digital Commerce 360, 80% still relied on their internal sales force to boost revenue. But we all know that manufacturers can do more to meet B2B customer needs. Today's B2B clients expect self-service options in addition to transactional websites. These buyers want reliable information from your web business, whether it is inventory levels, product specifications, order history, or their personal negotiated discounts. It should be available anytime and wherever customers desire. “You can’t wait for customers to come to you. You have to figure out where they are, go there and bring them back to your store” - Paul Graham, Y COMBINATOR The key reasons for the demand for e-commerce for industrial products are 75% of B2B goods are purchased online. 1 in 3 buyers pick a vendor on the basis of its online ordering, payment, tracking, and return capabilities. B2B Manufacturing E-commerce Benefits Efficient Operations A B2B e-commerce platform helps manufacturers across sectors to increase productivity, reduce costs, and simplify procedures. A web-based manufacturing e-commerce catalog significantly reduces the cost of printing product catalogs. It automates time-consuming operations such as catalog relevance maintenance, data cross-checking, and human data entry. It can connect with ERP, CRM, PIM, and other systems, thus streamlining a lot of back-end operations. Order Accuracy Manufacturers have to cope with enormous orders and diverse customers. Fortunately, many B2B e-commerce platforms allow for customized pricing lists and RFQ procedures. Personalized and smooth ordering is possible with configurable back-office operations. It eliminates mistakes and saves time by processing orders quickly. Better Analytics Online consumer data helps manufacturers grow their businesses. An e-commerce platform gathers data about purchases, sales, refunds, shipping, and more. This data helps to forecast trends and optimize inventory and delivery. This information can help product developers make their products better, sales reps find customers, and marketing teams find customers. Unlock Revenue Sources While some businesses were already in the process of shifting online, the pandemic has accelerated the digitization process and showed that shifting online is the only option to counteract declining physical revenues. An internet store brings new customers to traditional businesses. A solid SEO strategy and a mobile-friendly shop may help them establish a large client base and sell more to them. Passive Earnings A well-designed manufacturing e-commerce site will automate back-office tasks and allow users to self-serve their orders. Automation relieves salesmen and increases operational hours. As a result, manufacturers may sell 24/7 and personnel can explore other revenue-generating options. Gain Brand Awareness E-commerce is a great marketing tool for manufacturers. They can help with search engine visibility, especially as B2B customers increasingly use Google to study firms. This could help people who make and sell things, as well as distributors and retailers who work with them. Expand to New Markets Vertical, market, and geographic expansion become simple with the proper e-commerce solution. Flexible solutions let businesses grow into new areas and respond to opportunities faster. Aside from B2B sales, several manufacturers choose B2B2C sales or direct-to-consumer sales (D2C). As manufacturers diversify their companies, these tendencies gain traction. Final Word Manufacturing e-commerce is more than just online shopping and selling. It's not simply about interacting with clients on the Internet. “E-commerce is a business tool that may help your company profit from bigger digital transformation and business evolution projects. Having a successful and expansive manufacturing business requires the design of an interactive and customer-centric B2B e-commerce platform. So, if you haven't considered converting your physical goods factory to an e-commerce factory yet, now is the moment. FAQ Why is web server bandwidth vital for e-commerce sites? Web server bandwidth is also significant because the more bandwidth available, the more simultaneous visitors your site can handle. Most ISPs and web hosts must supply adequate bandwidth to handle peak demand. What policies must e-commerce sites have before going live? A privacy policy, accessibility regulations, and financial reporting policies are just a few of the policies that an e-commerce company site must design before going live. How is e-commerce useful for manufacturers? E-commerce allows manufacturers to test new products without risking a large investment. Instead of opening physical storefronts or stocking inventory, you may start selling the new product online.

Read More

Monitoring Hydrogen Sulphide (H2S) Corrosion in Oil & Gas Upstream Industry

Article | August 5, 2020

The dangers of Hydrogen Sulphide (H2S) aka Sour Gas in oil and gas production are well known. A highly toxic, corrosive, flammable and explosive gas. H2S is colourless and although characterised by it “rotten egg” smell, at high concentrations can also be odourless. H2S poses an extreme risk to health and safety of personnel. Exposure can result in serious short term and long terms effects, including rapid unconsciousness, coma, and even death. Operators therefore implement very strict procedures and protocols for personnel working in areas where there is potential for exposure to the gas including provision of specialist training, installation of H2S gas detection systems throughout the site / facility and by issuing personnel gas monitors and breathing apparatus.

Read More
Procurement & Supply Chain

A Guide to Warehouse Inventory Management: Best Practices, Challenges & Solutions

Article | February 3, 2022

Inventory management in warehouse is a never-ending cycle till the time the business is in operation. As your business expands, so does the amount of effort and money spent on warehouse inventory management. After all, the more orders you receive, the more time you'll need to spend on inventory replenishment and warehouse organization. Fortunately, there are several methods to enhance the warehouse inventory management process, from more efficient storage to the use of automation and other solutions that can minimize manual labor, human error, and total expenses. In this article, we will look at some of the key challenges that manufacturers face while managing their warehouse inventory and their solutions. Furthermore, we see the best practices for optimizing your warehouse inventory management that would ultimately enhance the efficiency of business operations. Warehousing and Inventory Management Best Practices Appoint a Warehouse Supervisor Managing an effective warehouse begins with hiring a qualified manager. Your organization should choose a warehouse manager with substantial expertise in operating a warehouse comparable to the one you will be operating. A skilled warehouse manager ensures that everything runs smoothly. He/she must be organized, knowledgeable about warehouse operations and technology, and function as a quarterback for the warehouse's rest of the team. Your warehouse manager will monitor your staff to ensure things are correctly scanned and cataloged. Additionally, they will frequently engage with your warehouse inventory management software to keep a bird's eye perspective on your goods. Finally, your warehouse manager will be responsible for handling any inconsistencies or challenges that develop, so that they respond dynamically anytime your warehouse staff discovers a problem. Some attributes to look out for in your warehouse manager are: organizational ability, precision, tech-savvy, safety-mindedness, leadership, integrity, and a sense of calm. Plan the Warehouse Layout The structural layout of your warehouse will either assist or limit your warehouse workers' ability to promptly pick, load, and send items out in response to a sale or transfer request. By dividing warehouses into zones or slots and numbering aisles and bins, warehouse employees may more easily navigate the storage facility. While not all warehouses are designed the same way, an organized warehouse is necessary for effective operations. The way you plan your warehouse space will depend on the things you store. For example, a warehouse containing huge machinery may have specialized zones, whereas a warehouse storing small retail products will have bins and aisles. Optimizing your warehouse plan will not only enhance space utilization but also increase warehouse productivity and save you money. Consequently, this helps you reach your company goals and satisfy your customers with on-time deliveries. Create a Workflow Maintaining an efficient inventory control warehouse is critical to avoid bottlenecks and out-of-stock situations. In addition, a streamlined inventory workflow can assist you in keeping your buyers satisfied and convert them into loyal customers. So, how would you establish an efficient workflow? Here are some helpful warehousing and inventory management suggestions: Make an attempt to estimate future sales. Use tools that assess old sales and forecast future sales for you. Set a minimum production quantity for each product. This helps to avoid losing sales and income due to product shortages. Set a maximum stock limit. This assists in avoiding overstocking a product, which can result in considerable losses. Ensure that products are delivered out in the order in which they were received (first in, first out) to maintain product freshness and reduce shelf life. Use a warehouse inventory management system. This is the simplest and most effective method of maintaining a steady inventory flow. Invest in Warehouse Inventory Software A warehouse management system (WMS) is a software solution designed to automate, optimize, and support the operations and activities of a business warehouse. It can automate and simplify a variety of warehouse management operations and maintain a real-time inventory record of all available goods. When goods arrive and depart the warehouse, your warehouse inventory management system will accurately show all inventories and its whereabouts. Warehouse inventory management software may be configured to automatically replenish stock when a predefined minimum number of items are reached. The finest software analyzes previous sales data automatically to identify the appropriate minimum number for automated reordering. It also determines the minimum quantities at which each product should be replenished. Warehouse Inventory Challenges and Solutions Limited Visibility & Solution Inventory visibility refers to the ability to view and track inventory in real-time. It also helps gain insight into the exact number of units of each SKU in stock at all locations, along with its location within a warehouse or fulfillment center. When inventory is difficult to identify or find in your warehouse, it can result in incomplete, inaccurate, or delayed shipments. Receiving and locating the correct stock is essential for smooth running warehouse operations as it helps to maintain a positive customer experience. Solution: To optimize purchasing and receiving operations, increase accuracy, and eliminate missing goods. Including photos with correct product descriptions in your inventory database can also be helpful. Investing in inventory management software is, once again, the best way to overcome low inventory visibility. These systems are meant to automate the process of inventory management across the supply chain, all from a single dashboard. The adoption of digital and data-driven procedures allows businesses to have a comprehensive view of inventory management in warehouse. Inventory Depletion & Solution Unsold goods are considered a loss in inventory. Multiple factors contribute to inventory depletion or shrinkage. Sometimes stocks can become obsolete or out-of-date before being sold. In addition, spoilage, damage, or theft are a few other reasons for inventory loss and can be referred to as a serious supply chain issue. Therefore, it is necessary to identify, track, and measure trouble areas. Solution: Using a third-party logistics (3PL) or fulfillment service (fulfillment solution) increases security. To reduce inventory shrinkage, they'll take the necessary steps to keep your goods secure. They'll provide you with the technology and reports you need to keep an eye on stock levels. Using an Old Excel Spreadsheet & Solution The expansion of a company will be hampered if inventory is managed manually using paper-based techniques. A lack of digitalization and an ineffective inventory management procedure yield dismal outcomes when sales volumes rise and inventory increases. It is time to replace excel spreadsheets with newer technologies like business intelligence and to analyze and track large businesses better. Solution: Having an inventory management system will make the process more efficient and provide you with real-time data. Businesses utilize various inventory management systems, depending on their type of operations. Manual inventory, periodic inventory, and perpetual inventory are three examples of inventory management approaches. Another option is to use one of the several software programs such as Upserve, Megaventory, and Orderhive for inventory management that are currently available on the market. Warehouse Space Management & Solution A warehouse layout that facilitates the simple selection, packaging, and shipping of orders is a sign of efficient warehouse space management. Designing a functional warehouse layout is critical since it directly influences the efficiency and productivity of your warehouse. A well-designed warehouse layout enables easy access to stored goods, saves travel time, and increases order fulfillment rates. Solution: Optimize storage space and inventory flow by utilizing inventory management systems that include warehouse management features. Automate order picking, packaging, and shipping operations by categorizing inventory storage by shelf, bin, and compartment. Communication Difficulties & Solution Collaboration and communication are critical in the management of warehouse. Lack of communication in a warehouse can result in disorganized operations, resulting in errors and inefficient processes. In practice, this might imply that stock is misplaced or delayed, resulting in a negative customer experience. Solution: Warehouse workers should be equipped with phones and radios for one-on-one communication. Mobile devices are the foundation of portable communication, which is critical for warehouse employees who are always on the move. Supervisors and managers must have a PA system, also known as a public address system, to make announcements in an emergency or when loading and unloading goods. Another option to simplify warehouse operations is to distribute wearable GPS devices to your employees. Using cloud-based software to manage inventory also provides the best solution for checking stock and communicating data across departments. Final Words Warehousing and inventory management affect every step of your e-commerce supply chain, from receiving and storing goods to fulfilling and shipping orders. Poor warehouse inventory management may lead to higher logistics costs, dissatisfied warehouse personnel, more picking and packing errors, delayed shipments, and disappointed customers. However, with some of the best practices mentioned above, you may improve your warehouse inventory management. You can take advantage of the solutions to most of the key challenges listed above. FAQ What are the four ways to control inventory? The four key ways of controlling inventory are as follows: just-in-time delivery, downloading inventory software, stock control, and lowering carrying costs. How is inventory management different from warehouse management? The primary difference between the two systems is the human component. While inventory management is concerned exclusively with merchandise or stock, warehouse management includes the administration of workers as well as shipping or shipping professionals who work in a warehouse setting. What are the four inventory management types? Primarily, inventory management is grouped into four types: Raw materials Works-in-progress Maintenance, repair, and operations (MRO) goods Finished goods

Read More
MORE ARTICLE

Spotlight

Bricsys

Welcome to Bricsys an innovative CAD solution with 3D building and manufacturing toolsets, and a cloud-based collaboration platform. Bricsys part of Hexagon, is the global technology company creating the BricsCAD® family of computer-aided design (CAD) products and the Bricsys 24/7 cloud-based collaboration platform. We are committed to increasing our customer’s productivity by automating design, engineering, construction, and manufacturing workflows with open and interoperable technology solutions.

Related News

Manufacturing Technology

MaxLinear Launches Product Design Kit for Active Electrical Cables Using Keystone PAM4 DSP

MaxLinear | February 02, 2024

MaxLinear, Inc. a leading provider of high-speed interconnect ICs enabling data center, metro, and wireless transport networks, announced the availability of a comprehensive product design kit (PDK) to optimize performance and accelerate the time to market for high-speed Active Electrical Cables (AEC) using MaxLinear’s 5nm PAM4 DSP, Keystone. The PDK is a cost-cutting and time-saving tool for cable manufacturers who want to quickly integrate Keystone into their active electrical cables. MaxLinear’s Keystone PAM4 DSP offers a significant power advantage in AEC applications, which is increasingly becoming a critical factor for hyperscale data centers. The use of 5nm CMOS technology enables designers and manufacturers to build high-speed cables that meet the need for low power, highly integrated, high performance interconnect solutions that will drive the next generation of hyperscale cloud networks. Manufacturers taking advantage of MaxLinear’s PDK to optimize cable designs using Keystone PAM4 DSP will gain a distinct advantage over competitor solutions when trying to maximize reach and minimize power consumption. The PDK makes Keystone easy to integrate with strong applications support, multiple tools to optimize and monitor performance, and reference designs (SW and HW) to accelerate integration. Sophisticated software allows for quick design optimization for the lowest possible power consumption and maximizing cable reach. Cable designers can constantly monitor performance, route signals from any port to any port, and take advantage of hitless firmware upgrades. “MaxLinear is focused on providing not only industry-leading interconnect technologies but also a comprehensive suite of tools to support our manufacturing and design partners,” said Drew Guckenberger, Vice President of High Speed Interconnect at MaxLinear. “Our development kit for our Keystone products provides them with a path to take products to market more quickly and more cost-effectively.” Active electrical cables (AECs) are revolutionizing data center connections. Unlike passive cables, they actively boost signals, allowing for longer distances (up to 7 meters for 400G), higher bandwidth, and thinner, lighter cables. This makes them ideal for high-speed applications like top-of-rack connections (connecting switches to servers within the same rack); direct digital control (enabling flexible interconnectivity within racks and across rows); and breakout solutions (splitting high-speed connections into multiple lower-speed channels). The high-speed interconnect market – which includes active optical cables, active electrical cables, direct attach copper cables, and others – is expected to grow to $17.1B by 2028, up from $10.7B in 2021 according to a market forecast report from The Insight Partners. The Keystone Family The Keystone 5nm DSP family caters to 400G and 800G applications, featuring a groundbreaking 106.25Gbps host side electrical I/O, aligning with the line side interface rate. Available variants support single-mode optics (EML and SiPh), multimode optics and Active Electrical Cables (AECs), offering comprehensive solutions with companion TIAs. Host side interfaces cover ethernet rates of 25G, 50G, and 100G per lane over C2M, MR, and LR host channels. The line side interfaces, tailored for 100G/λ DR, FR, and LR applications, also support these rates. These devices boast extensive DSP functionality, encompassing line-side transmitter DPD, TX FIR, receiver FFE, and DFE. With exceptional performance and signal integrity, these DSPs occupy a compact footprint (12mm x 13mm), ideal for next-gen module form-factors like QSFP-DD800 and OSFP800. Additionally, they are available as Known Good Die (KGD) for denser applications, such as OSFP-XD. About MaxLinear, Inc. MaxLinear, Inc. is a leading provider of radio frequency (RF), analog, digital, and mixed-signal integrated circuits for access and connectivity, wired and wireless infrastructure, and industrial and multimarket applications. MaxLinear is headquartered in Carlsbad, California. MaxLinear, the MaxLinear logo, any other MaxLinear trademarks are all property of MaxLinear, Inc. or one of MaxLinear's subsidiaries in the U.S.A. and other countries. All rights reserved.

Read More

Smart Factory

PsiQuantum, Mitsubishi UFJ Financial Group and Mitsubishi Chemical Announce Partnership to Design Energy-Efficient Materials on PsiQuantum’s

PsiQuantum | January 30, 2024

PsiQuantum and Mitsubishi UFJ Financial Group announced that they are beginning work with Mitsubishi Chemical Group on a joint project to simulate excited states of photochromic molecules which have widespread industrial and residential potential applications such as the development of smart windows, energy-efficient data storage, solar energy storage and solar cells, and other photoswitching use cases. Qlimate, a PsiQuantum-led initiative that includes MUFG as a partner, focuses on using fault-tolerant quantum computing to crack the most challenging computational problems and accelerate the development of scalable breakthroughs across climate technologies, including more energy-efficient materials. Mitsubishi UFJ Financial Group (MUFG) is committed to supporting the world’s transition to a sustainable future, and to encourage industry access to the most promising breakthrough technologies. By pioneering PsiQuantum’s Qlimate solutions with industry leader Mitsubishi Chemical, MUFG is at the forefront of quantum computing for sustainability. This joint project will determine whether high-accuracy estimates of excited state properties are feasible on early-generation fault-tolerant quantum computers, specifically focusing on diarylethenes used for energy-efficient photoswitching applications. The project will allow Mitsubishi Chemical to gain early insights into how and when fault-tolerant quantum computing can be deployed in support of critical, scalable, sustainable materials. Because predicting the optical properties of materials requires complex analysis of excited states, standard algorithmic techniques for simulating these molecules (such as the Density Functional Theory, or DFT) often produce qualitatively incorrect results. The project will bring together Mitsubishi Chemical’s deep experience of computational chemistry and PsiQuantum’s leading expertise in fault-tolerant quantum computing to push the boundaries of approaching the complex physics in these systems and pave the way to developing new, more powerful energy-efficient photonic materials. Philipp Ernst, Head of Solutions at PsiQuantum, said: “PsiQuantum has dedicated teams who identify, describe and solve complex problem sets with best-in-class quantum algorithms. These are designed specifically to run on fault-tolerant quantum computers and will tackle previously-impossible computational challenges. This partnership will leverage our team’s unique know-how and Mitsubishi Chemical’s expertise in photochromic materials. We are grateful for MUFG’s visionary support in our mission to deploy high-impact quantum computing solutions to fight climate change.” Suguru Azegami, Managing Director, Sustainable Business Division, MUFG said: “We are excited to partner with PsiQuantum and Mitsubishi Chemical on our journey to explore possibilities of quantum computing technologies to solve the imminent global challenge. PsiQuantum’s vision to develop the first utility scale quantum computer before the end of the decade has inspired us, which led our initiative to participate in the Qlimate partnership as the first and sole member from Japan. Mitsubishi Chemical is leading efforts to use the cutting-edge technology to develop next generation materials and we are honored to support the company as its long term financial partner.” Qi Gao, Senior Chief Scientist, Mitsubishi Chemical said: “We are pleased to be part of the partnership and are grateful for MUFG’s support. Mitsubishi Chemical’s over 40 years background in computational chemistry and PsiQuantum’s domain specific knowledge for quantum control is a great fit with the collaboration effort of improving calculation accuracy on quantum device. We hope the partnership will accelerate the innovation of revolutionizing computational studies in chemistry and materials science.” About PsiQuantum PsiQuantum is a private company, founded in 2015 and headquartered in Palo Alto, California. The company’s only mission is to build and deploy the world’s first useful, large-scale quantum computer. Many teams around the world today have demonstrated prototype quantum computing systems, but it is widely accepted that much larger systems are necessary in order to unlock transformational applications across drug discovery, climate technologies, finance, transportation, security & defense and beyond. PsiQuantum’s photonic approach enables rapid scaling via direct leverage of high-volume semiconductor manufacturing and cryogenic infrastructure. The company is partnered with the SLAC National Accelerator Laboratory at Stanford University and Sci-Tech Daresbury in the United Kingdom. About Mitsubishi UFJ Financial Group, Inc. (MUFG) Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with approximately 2,000 locations in more than 50 countries. The Group has about 160,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to “be the world’s most trusted financial group” through close collaboration among our operating companies and flexibly respond to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on the Tokyo, Nagoya, and New York stock exchanges. About the Mitsubishi Chemical Group Corporation Mitsubishi Chemical Group Corporation (TSE: 4188) is a specialty materials group with an unwavering commitment to lead with innovative solutions to achieve KAITEKI, the well-being of people and the planet. We bring deep expertise and material science leadership in core market segments such as mobility, digital, medical and food. In this way, we enable industry transformation, technology breakthroughs, and longer, more fruitful lives for us all. Together, around 70,000 employees worldwide provide advanced chemistry-based solutions to deliver the core elements of our slogan — “Science. Value. Life.”

Read More

Additive Manufacturing

Teledyne Relays Unveils Innovative Multi-Function Timer Series

Teledyne Relays, Inc. | January 29, 2024

Teledyne Relays, a leading provider of cutting-edge relay solutions, introduces its new Multi-Function Timer product series, showcasing the company's commitment to delivering advanced, reliable, and versatile solutions for the industrial automation sector. Teledyne Relays Multi-Function Timer MFT series is a state-of-the-art solution designed for a wide variety of applications that demand precise timing control. The user-friendly design features three potentiometers for easy selection of timing functions and ranges, while the LEDs provide at-a-glance feedback of timing and relay status. The MFT series also features 7 selectable timing functions for a wide variety of applications Timing ranges from 0.1 seconds up to 100 hours Compact 17.5mm housing preserves valuable panel space Supply Voltages: 24VDC & 24-240VAC OR 12-240VAC/DC 5A SPDT output relay Engineered with the needs of electrical engineers, panel builders, and automation engineers in mind, these timers find application in various industries, including but not limited to Industrial Automation Manufacturing Process Control Systems HVAC and Refrigeration Agriculture and Irrigation Power Distribution “With the new Multi-Function Timer series, Teledyne Relays continues to lead in providing reliable and versatile solutions for industrial automation, ensuring precise timing control,” said Michael Palakian, Vice President of Global Sales and Marketing at Teledyne Relays. The Multi-Function Timer series from Teledyne Relays ensures precise timing control, offering unparalleled reliability across diverse applications and is available for ordering from Teledyne Relays or an authorized distributor. About Teledyne Relays Teledyne Relays is a world leader in high-performance coaxial switches, electromechanical, and solid-state relays, offering a wide range of solutions for various applications in the aerospace and defense, telecommunications, test and measurement, and industrial markets. With over 60 years of experience, Teledyne Relay has established a reputation for quality, reliability, and customer service excellence. About Teledyne Defense Electronics Serving Defense, Space and Commercial sectors worldwide, Teledyne Defense Electronics offers a comprehensive portfolio of highly engineered solutions that meet your most demanding requirements in the harshest environments. Manufacturing both custom and off-the-shelf product offerings, our diverse product lines meet emerging needs for key applications for avionics, energetics, electronic warfare, missiles, radar, satcom, space and test and measurement.

Read More

Manufacturing Technology

MaxLinear Launches Product Design Kit for Active Electrical Cables Using Keystone PAM4 DSP

MaxLinear | February 02, 2024

MaxLinear, Inc. a leading provider of high-speed interconnect ICs enabling data center, metro, and wireless transport networks, announced the availability of a comprehensive product design kit (PDK) to optimize performance and accelerate the time to market for high-speed Active Electrical Cables (AEC) using MaxLinear’s 5nm PAM4 DSP, Keystone. The PDK is a cost-cutting and time-saving tool for cable manufacturers who want to quickly integrate Keystone into their active electrical cables. MaxLinear’s Keystone PAM4 DSP offers a significant power advantage in AEC applications, which is increasingly becoming a critical factor for hyperscale data centers. The use of 5nm CMOS technology enables designers and manufacturers to build high-speed cables that meet the need for low power, highly integrated, high performance interconnect solutions that will drive the next generation of hyperscale cloud networks. Manufacturers taking advantage of MaxLinear’s PDK to optimize cable designs using Keystone PAM4 DSP will gain a distinct advantage over competitor solutions when trying to maximize reach and minimize power consumption. The PDK makes Keystone easy to integrate with strong applications support, multiple tools to optimize and monitor performance, and reference designs (SW and HW) to accelerate integration. Sophisticated software allows for quick design optimization for the lowest possible power consumption and maximizing cable reach. Cable designers can constantly monitor performance, route signals from any port to any port, and take advantage of hitless firmware upgrades. “MaxLinear is focused on providing not only industry-leading interconnect technologies but also a comprehensive suite of tools to support our manufacturing and design partners,” said Drew Guckenberger, Vice President of High Speed Interconnect at MaxLinear. “Our development kit for our Keystone products provides them with a path to take products to market more quickly and more cost-effectively.” Active electrical cables (AECs) are revolutionizing data center connections. Unlike passive cables, they actively boost signals, allowing for longer distances (up to 7 meters for 400G), higher bandwidth, and thinner, lighter cables. This makes them ideal for high-speed applications like top-of-rack connections (connecting switches to servers within the same rack); direct digital control (enabling flexible interconnectivity within racks and across rows); and breakout solutions (splitting high-speed connections into multiple lower-speed channels). The high-speed interconnect market – which includes active optical cables, active electrical cables, direct attach copper cables, and others – is expected to grow to $17.1B by 2028, up from $10.7B in 2021 according to a market forecast report from The Insight Partners. The Keystone Family The Keystone 5nm DSP family caters to 400G and 800G applications, featuring a groundbreaking 106.25Gbps host side electrical I/O, aligning with the line side interface rate. Available variants support single-mode optics (EML and SiPh), multimode optics and Active Electrical Cables (AECs), offering comprehensive solutions with companion TIAs. Host side interfaces cover ethernet rates of 25G, 50G, and 100G per lane over C2M, MR, and LR host channels. The line side interfaces, tailored for 100G/λ DR, FR, and LR applications, also support these rates. These devices boast extensive DSP functionality, encompassing line-side transmitter DPD, TX FIR, receiver FFE, and DFE. With exceptional performance and signal integrity, these DSPs occupy a compact footprint (12mm x 13mm), ideal for next-gen module form-factors like QSFP-DD800 and OSFP800. Additionally, they are available as Known Good Die (KGD) for denser applications, such as OSFP-XD. About MaxLinear, Inc. MaxLinear, Inc. is a leading provider of radio frequency (RF), analog, digital, and mixed-signal integrated circuits for access and connectivity, wired and wireless infrastructure, and industrial and multimarket applications. MaxLinear is headquartered in Carlsbad, California. MaxLinear, the MaxLinear logo, any other MaxLinear trademarks are all property of MaxLinear, Inc. or one of MaxLinear's subsidiaries in the U.S.A. and other countries. All rights reserved.

Read More

Smart Factory

PsiQuantum, Mitsubishi UFJ Financial Group and Mitsubishi Chemical Announce Partnership to Design Energy-Efficient Materials on PsiQuantum’s

PsiQuantum | January 30, 2024

PsiQuantum and Mitsubishi UFJ Financial Group announced that they are beginning work with Mitsubishi Chemical Group on a joint project to simulate excited states of photochromic molecules which have widespread industrial and residential potential applications such as the development of smart windows, energy-efficient data storage, solar energy storage and solar cells, and other photoswitching use cases. Qlimate, a PsiQuantum-led initiative that includes MUFG as a partner, focuses on using fault-tolerant quantum computing to crack the most challenging computational problems and accelerate the development of scalable breakthroughs across climate technologies, including more energy-efficient materials. Mitsubishi UFJ Financial Group (MUFG) is committed to supporting the world’s transition to a sustainable future, and to encourage industry access to the most promising breakthrough technologies. By pioneering PsiQuantum’s Qlimate solutions with industry leader Mitsubishi Chemical, MUFG is at the forefront of quantum computing for sustainability. This joint project will determine whether high-accuracy estimates of excited state properties are feasible on early-generation fault-tolerant quantum computers, specifically focusing on diarylethenes used for energy-efficient photoswitching applications. The project will allow Mitsubishi Chemical to gain early insights into how and when fault-tolerant quantum computing can be deployed in support of critical, scalable, sustainable materials. Because predicting the optical properties of materials requires complex analysis of excited states, standard algorithmic techniques for simulating these molecules (such as the Density Functional Theory, or DFT) often produce qualitatively incorrect results. The project will bring together Mitsubishi Chemical’s deep experience of computational chemistry and PsiQuantum’s leading expertise in fault-tolerant quantum computing to push the boundaries of approaching the complex physics in these systems and pave the way to developing new, more powerful energy-efficient photonic materials. Philipp Ernst, Head of Solutions at PsiQuantum, said: “PsiQuantum has dedicated teams who identify, describe and solve complex problem sets with best-in-class quantum algorithms. These are designed specifically to run on fault-tolerant quantum computers and will tackle previously-impossible computational challenges. This partnership will leverage our team’s unique know-how and Mitsubishi Chemical’s expertise in photochromic materials. We are grateful for MUFG’s visionary support in our mission to deploy high-impact quantum computing solutions to fight climate change.” Suguru Azegami, Managing Director, Sustainable Business Division, MUFG said: “We are excited to partner with PsiQuantum and Mitsubishi Chemical on our journey to explore possibilities of quantum computing technologies to solve the imminent global challenge. PsiQuantum’s vision to develop the first utility scale quantum computer before the end of the decade has inspired us, which led our initiative to participate in the Qlimate partnership as the first and sole member from Japan. Mitsubishi Chemical is leading efforts to use the cutting-edge technology to develop next generation materials and we are honored to support the company as its long term financial partner.” Qi Gao, Senior Chief Scientist, Mitsubishi Chemical said: “We are pleased to be part of the partnership and are grateful for MUFG’s support. Mitsubishi Chemical’s over 40 years background in computational chemistry and PsiQuantum’s domain specific knowledge for quantum control is a great fit with the collaboration effort of improving calculation accuracy on quantum device. We hope the partnership will accelerate the innovation of revolutionizing computational studies in chemistry and materials science.” About PsiQuantum PsiQuantum is a private company, founded in 2015 and headquartered in Palo Alto, California. The company’s only mission is to build and deploy the world’s first useful, large-scale quantum computer. Many teams around the world today have demonstrated prototype quantum computing systems, but it is widely accepted that much larger systems are necessary in order to unlock transformational applications across drug discovery, climate technologies, finance, transportation, security & defense and beyond. PsiQuantum’s photonic approach enables rapid scaling via direct leverage of high-volume semiconductor manufacturing and cryogenic infrastructure. The company is partnered with the SLAC National Accelerator Laboratory at Stanford University and Sci-Tech Daresbury in the United Kingdom. About Mitsubishi UFJ Financial Group, Inc. (MUFG) Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with approximately 2,000 locations in more than 50 countries. The Group has about 160,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to “be the world’s most trusted financial group” through close collaboration among our operating companies and flexibly respond to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on the Tokyo, Nagoya, and New York stock exchanges. About the Mitsubishi Chemical Group Corporation Mitsubishi Chemical Group Corporation (TSE: 4188) is a specialty materials group with an unwavering commitment to lead with innovative solutions to achieve KAITEKI, the well-being of people and the planet. We bring deep expertise and material science leadership in core market segments such as mobility, digital, medical and food. In this way, we enable industry transformation, technology breakthroughs, and longer, more fruitful lives for us all. Together, around 70,000 employees worldwide provide advanced chemistry-based solutions to deliver the core elements of our slogan — “Science. Value. Life.”

Read More

Additive Manufacturing

Teledyne Relays Unveils Innovative Multi-Function Timer Series

Teledyne Relays, Inc. | January 29, 2024

Teledyne Relays, a leading provider of cutting-edge relay solutions, introduces its new Multi-Function Timer product series, showcasing the company's commitment to delivering advanced, reliable, and versatile solutions for the industrial automation sector. Teledyne Relays Multi-Function Timer MFT series is a state-of-the-art solution designed for a wide variety of applications that demand precise timing control. The user-friendly design features three potentiometers for easy selection of timing functions and ranges, while the LEDs provide at-a-glance feedback of timing and relay status. The MFT series also features 7 selectable timing functions for a wide variety of applications Timing ranges from 0.1 seconds up to 100 hours Compact 17.5mm housing preserves valuable panel space Supply Voltages: 24VDC & 24-240VAC OR 12-240VAC/DC 5A SPDT output relay Engineered with the needs of electrical engineers, panel builders, and automation engineers in mind, these timers find application in various industries, including but not limited to Industrial Automation Manufacturing Process Control Systems HVAC and Refrigeration Agriculture and Irrigation Power Distribution “With the new Multi-Function Timer series, Teledyne Relays continues to lead in providing reliable and versatile solutions for industrial automation, ensuring precise timing control,” said Michael Palakian, Vice President of Global Sales and Marketing at Teledyne Relays. The Multi-Function Timer series from Teledyne Relays ensures precise timing control, offering unparalleled reliability across diverse applications and is available for ordering from Teledyne Relays or an authorized distributor. About Teledyne Relays Teledyne Relays is a world leader in high-performance coaxial switches, electromechanical, and solid-state relays, offering a wide range of solutions for various applications in the aerospace and defense, telecommunications, test and measurement, and industrial markets. With over 60 years of experience, Teledyne Relay has established a reputation for quality, reliability, and customer service excellence. About Teledyne Defense Electronics Serving Defense, Space and Commercial sectors worldwide, Teledyne Defense Electronics offers a comprehensive portfolio of highly engineered solutions that meet your most demanding requirements in the harshest environments. Manufacturing both custom and off-the-shelf product offerings, our diverse product lines meet emerging needs for key applications for avionics, energetics, electronic warfare, missiles, radar, satcom, space and test and measurement.

Read More

Events