Top Electronics Manufacturing Trends to Watch in 2022

The electronics manufacturing business is adopting new technologies to create smart electronics manufacturing products for its consumer base. Next-generation technologies are shaping the future of the manufacturing industry by enabling it to create technologically advanced and user-friendly products. Matt Mong, one of the manufacturing industry's leading professionals, stated in an interview with Media7,

“Be Different. Don’t position your product in an existing category. Instead, create your category and make the competition irrelevant and obsolete.” – Matt Mong, VP Market Innovation and Project Business Evangelist at Adeaca.


The year 2022 will be a year of advancement and development for the electronics manufacturing industry.

So, manufacturers are eager to embrace new technologies and produce more innovative, more user-friendly goods that become part of consumers' daily lives and meet their needs. To make the manufacturing process manageable and deliver advanced products, we will look at the top five trends flourishing in the electronics manufacturing industry.

Top Five Electronics Manufacturing Industry Trends

Future manufacturing technologies are transforming the electronics manufacturing industry's processes and products. Let's look at the top electronics manufacturing industry trends for 2022, which will propel the sector to new heights of technological advancement.

Utilizing the Benefits of the Internet of Things

The Internet of Things is being used in both the manufacturing process and the products themselves. It enables electronic manufacturing products and processes to become more intelligent and performance-driven to fulfill business and customer needs.

In electronics manufacturing, the Internet of Things (IoT) enables businesses to solve common production challenges such as product quality issues, changing demands, and a complex global supply chain. As a result, it increases productivity and efficiency while reducing human effort.

Industrial units may gather and analyze real-time data and processes using IoT-based sensor systems. Additionally, it assists organizations in managing data and transforms traditional manufacturing into an intelligent manufacturing unit.

Using an ERP System to Maintain the Company's Competitive Edge

ERP (Enterprise Resource Planning) is a centralized management system for all operational and business activities. The software automates all manufacturing processes and enables the electronics manufacturing sector to achieve higher precision throughout the manufacturing process and product delivery.

ERP has the potential to boost productivity, improve efficiency, decrease expenses, and increase profitability. ERP enables electronics manufacturers to forecast, plan, modify, and respond to changing market demands. By using an ERP system in your manufacturing unit, you may expand your business and increase revenue.

Making Use of Big Data

The electronics manufacturing industry benefits from the use of big data to make critical business decisions. It aids in the integration of previously isolated systems to provide a comprehensive view of industrial processes. It also automates data gathering and processing, allowing for more excellent knowledge of each system individually and collectively.

Big data also assists manufacturers in discovering new information and identifying trends, allowing them to optimize operations, improve supply chain efficiency, and find variables that impact manufacturing quality, volume, or consistency. In addition, big data assists the electronics manufacturing industry in keeping up with the rapidly changing digital world.


Using AR and VR to Create Consumer-friendly Goods

AR and VR are future manufacturing technologies that are changing electronics manufacturing products and driving growth. Robotics is a crucial usage of virtual reality in electronics production. Manufacturers may use powerful virtual reality software to design goods. This implementation of virtual reality software reduces production errors and saves time and money.

AR in electronics manufacturing allows product developers to generate interactive 3D views of new products before production. AR and VR are part of Industry 4.0, the digital revolution of conventional electronics production units.

Adoption of 3D Printing on a Wide Scale

One of the essential advantages of today's electronics 3D printing is that companies can quickly prototype PCBs and other electrical devices in-house. In addition, 3D printing has simplified the electronics manufacturing process, and it is currently being utilized to manufacture multilayer printed circuit boards. It uses material jetting technology to spray conductive and insulating inks onto the printing surface.

Let's look at an example of an analogy that worked for Jinzhenyuan - The Electronic Technology Co. Ltd., managed by Mr. Huang Runyuan, Jinzhenyuan's General Manager, and based on the concept of Industry 4.0. (Reference: Forbes)

Jinzhenyuan - The Electronic Technology Co. Ltd. Takes a Significant Step Forward with Industry 4.0

Jinzhenyuan - The Electronic Technology Co. Ltd., formed in 2012, sells its products globally. In addition, it manufactures cellphones, computers, cars, and a variety of other consumer electronics. Due to changing market needs, the firm planned to upgrade its production facility to industry 4.0 by the end of 2017 to participate in smart manufacturing.

The company increased production efficiency, shortened production cycles, and cut costs due to the digital revolution. Today, Jinzhenyuan is regarded as a model of digital transformation in the community in which it works. Let’s observe the statistics for Jinzhenyuan following the deployment of Industry 4.0.
  • 32% improvement in total production efficiency
  • 33% cost reduction
  • 41% decrease in R&D to production cycles
  • 51% reduction in substandard parts rate – from 3,000 to 1,500 per million


Final Words

The electronics manufacturing sector is on the verge of a digital revolution that will improve the production process efficiency and cost-effectiveness. Many of the world's biggest firms, like Apple, Microsoft, Hitachi, and Saline lectronics, are developing future agile factories to keep up with the world's digital transformation. Future manufacturing technology will help your manufacturing company make the manufacturing process more efficient and boost the business revenue.

FAQs

What are the future electronics technologies?

Smart grid solutions, wearable technology devices, prefabricated goods, the Internet of Things, and robots are some of the future electronics innovations that will propel the business forward.

Is the supply chain benefiting from new technology trends?

Yes, supply chain management benefits from smart technology as well. Trucks equipped with cutting-edge technologies can get real-time data on the weather and road conditions ahead of time. It contributes to the supply chain process's reduction of possible risks. 

Which manufacturers are implementing the industry 4.0 concept in their factories?

Whirlpool, Siemens, Hirotec, Tesla, Bosch, and Ocado, among others, have turned their traditional factories into digitally smart ones that incorporate all of the cutting-edge technology necessary to improve and optimize the production process.

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OTHER ARTICLES
Industrial 4.0

Industry 4.0 Bookshelf: 10 Captivating Reads for Improving Efficiency

Article | June 16, 2023

Explore the current state of the production and manufacturing industries and discover how it achieves re-industrialization of the former industrial powerhouses counterbalancing the benefits. Below is the guide to Industry 4.0 library, a curated collection of insightful and captivating reads designed to equip professionals with the knowledge and strategies needed to excel in today's rapidly evolving business landscape. This carefully selected list presents ten must-read books that delve into the fourth revolution of digitalization, exploring the transformative power of emerging technologies, automation, and data-driven decision-making. Whether you are a seasoned industry expert or a curious newcomer, these compelling titles offer invaluable insights into mastering efficiency, driving innovation, and staying ahead in the age of Industry 4.0 through practical scenarios and case studies. Prepare to embark on a journey of discovery and unlock the secrets to thriving in the digital revolution. 1. Industry 4.0 The Industrial Internet of Things Author: Alasdair Gilchrist Industry 4.0 The Industrial Internet of Things delves into the current production, processing, and manufacturing status and examines the requirements for re-industrializing former industrial powerhouses. Titled 'Industry 4.0: The Industrial Internet of Things' is the book that focuses on Industry 4.0, a concept encompassing emerging trends and technologies that can revolutionize the current manufacturing and production processes. It explores the potential of advanced technologies such as the internet of things, big data, cyber-physical systems, and smart factory systems to replace the traditional labor-intensive approaches prevalent in offshore locations. Key topics covered in the book include Identifying the technological advancements for enabling Industry 4.0 and exploring the ongoing efforts, applying insights from real-world case studies to practical scenarios. Being one of industrial revolution books, this book caters to a broad audience, including business futurists, business strategists, CEOs, CTOs, and individuals and anyone interested in understanding the future development of IT. 2. The Fourth Industrial Revolution Author: Klaus Schwab The author, an economist,the Founder and Executive Chairman of the World Economic Forum, asserts that we are on the cusp of the fourth industrial revolution, a transformative era with profound implications for our lives and work. The presence of artificial intelligence, manifesting in supercomputers, drones, and virtual assistants, along with 3D printing, DNA sequencing, and minuscule microchips, are only the early stages of the revolution. Imagining ‘smart factories’ where global manufacturing systems are virtually coordinated or implantable mobile phones made from bioengineered materials provide a glimpse into the future. Schwab outlines the technologies driving this revolution and discusses the significant impacts expected on businesses, civil societies and individuals. He further presents innovative ideas on leveraging these changes to create a better future where technology empowers people instead of replacing them, progress benefits society rather than disrupts it, and innovators uphold moral and ethical boundaries. 3. Artificial Intelligence and Industry 4.0 Author: Jyotir Moy Chatterjee The book Artificial Intelligence and Industry 4.0 book examines the recent advancements in blockchain technology and artificial intelligence and their significant contributions to realizing Industry 4.0 objectives. It delves into the applications of AI in various industries, particularly the Internet of Things and Industrial Internet of Things technologies. The chapters cover a wide range of topics, including machine learning, smart cities, healthcare, and Society 5.0, exploring the numerous potential applications of AI in the context of Industry 4.0. This book is a resource for computer science researchers and graduate students involved in developing and studying AI and the IIoT. The key features of the book include exploring the application of AI in the industrial manufacturing sectors and presenting examples of ML, computer vision, and digital twin applications in the IoT industry. It further explains examining the facilitation of processing of large datasets, accurate risk forecasting, and the generation of recommended actions through deep learning and cognitive computing tools. 4. Handbook of Industry 4.0 and SMART Systems Author: Diego Galar Pascual, Pasquale Daponte, Uday Kumar One of the books on Industry 4.0 is the Handbook of Industry 4.0 and SMART Systems explores the concept of Industry 4.0, which represents the fourth generation of industrial activity marked by the integration of smart systems and internet-based solutions. It delves into the various technologies and methodologies that have contributed to this revolution, highlighting the importance of instrumented, interconnected, and intelligent assets. The chapters provide insights into the advancements and implementation of Industry 4.0, with a specific focus on the role of smart systems in maintenance to enhance performance, productivity, and flexibility. Additionally, the book explores the applicability of Industry 4.0 in sectors such as transportation, energy, and infrastructure, examining the impacts on technology, organizational structures, and operational aspects from a systems perspective. 5. Industry 4.0 Developments Towards the Fourth Industrial Revolution Author: Kaushik Kumar, Divya Zindani, J. Paulo Davim The book on Industry 4.0 Developments Towards the Fourth Industrial Revolution offers a comprehensive introduction to the emerging field of Industry 4.0, which is poised to revolutionize manufacturing by combining flexibility, enhanced communication, increased productivity, and improved product quality. It provides a management holistic overview of risk, intelligent manufacturing, product development, covering process planning, assessment, education and qualification needs, socio-technical considerations, and sustainable business models. Engineers, entrepreneurs, academics, and students engaged in the information technology and manufacturing fields will find this volume valuable as it addresses various aspects of Industry 4.0 and its implications for the industry's future. 6. Introduction to Industrial Internet of Things and Industry 4.0 Author: Sudip Misra, Chandana Roy, Anandarup Mukherjee One of the Industry 4.0 book, this book is designed to cater to the growing interest in Industrial IoT and Industry 4.0 among students, researchers, and professionals in various engineering disciplines. It serves as a textbook and a reference guide, covering the essential aspects of IIoT, including sensors, actuators, data transmission, and data acquisition, fundamental to its functioning. Moving beyond the basics, the book delves into advanced topics, such as the business models and reference architecture of IIoT, predictive and prescriptive analytics in IIoT implementations, the technological aspects of Industry 4.0 and IIoT, real-world applications and case studies, and the key enabling technologies of IIoT. To enhance the learning experience, the book includes conceptual exercises, questions, and learning objectives, making it a valuable resource for students and professionals seeking to master the concepts and applications of IIoT and Industry 4.0. 7. Navigating Industry 4.0 Author: Parasnis, Ashutosh One of the industrial revolution books, Navigating Industry 4.0, provides manufacturers with a clear understanding of Industry 4.0 and a systematic approach to its implementation. Readers can optimize resource allocation by focusing on relevance and avoiding non-value-added activities. The book guides them in developing digitalized business strategies and builds the necessary execution capabilities. Additionally, it enables manufacturers to visualize and design their tailored strategies and roadmaps, eliminating waste of time and money. The author, an experienced keynote speaker, electronics engineer, and MBA specializing in marketing, and strategic management, activates critical thinking and brings clarity to benefit your businesses. With over 30 years of industry expertise, his insights and guidance have assisted enterprises, SMEs, and start-ups on their transformative journeys. Engage with this book to unlock your potential in the era of Industry 4.0. 8. New - Age Technology And Industrial Revolution 4.0 Author: Narendra Jadhav This comprehensive book delves into the emerging new-age technology that underpins the ongoing industrial revolution 4.0. It explores its profound impact on the economy, society, and public policy within a global context. In Part One, readers are introduced to the foundational elements of this technology, including AI and ML, big data analytics, robotics, blockchain, automated technology, additive manufacturing, internet of things, and augmented reality. Part Two delves into the potential implications of the new-age technology on various aspects such as economic growth, employment, the evolving landscape of banking-finance 4.0 and so on. Part Three expands upon the global public policy dimensions associated with this technology. It addresses critical issues such as the Right to Privacy, the impact of social media on democratic governance among others. This section also covers regulatory considerations and strategic developments related to the new-age technology. 9. Profiting from Industry 4.0: The road to future value in manufacturing Author: Marcos Kauffman The era of the fourth industrial revolution, or Industry 4.0, holds tremendous potential for performance transformation and the creation of new markets, both for established players and disruptive ventures. However, the key challenge lies in adapting to the new digital rules and capturing value through enhanced performance. This book, authored by an expert and practitioner in the field of Industry 4.0, provides invaluable tools, templates, and guidelines for manufacturers on the frontline. Drawing from a comprehensive analysis of current manufacturing contracts, it highlights essential questions for manufacturers to consider. It explores various options for managing innovation, designing business models, handling intellectual property, and ultimately gaining a sustainable competitive advantage. It offers a roadmap for navigating the complexities of Industry 4.0, empowering manufacturers to adapt, innovate, and secure their position in the evolving digital landscape. 10. Industrial Digital Transformation Author: Shyam Varan Nath, Ann Dunkin, Mahesh Chowdhary, Nital Patel Industrial Digital Transformation: Accelerate Digital Transformation with business optimization, AI, and Industry 4.0 the book provides insights into digital transformation and its significance in today's business landscape. Divided into two parts; the first explores the concept and importance of digital transformation, while the second part focuses on its practical implementation. Advanced topics, such as overcoming challenges and exploring the concepts of Digital Thread and Digital Twin, are covered further. The book offers a range of case studies from both private and public sectors, highlighting successful transformation strategies and resident experience improvement on a global scale. Furthermore, readers will discover how to create a practical playbook for successful digital transformation, leveraging cloud computing, big data, and the Internet of Things. The book is a valuable resource for IT leaders, digital strategy leaders, solution architects, and service and management consulting firms’ professionals. Final Thoughts These captivating books discussed in the article provide valuable insights and guidance for manufacturing experts in the digitalization sector. These resources cover various aspects of industrial IOT, big data, robotics, smart systems, among others. By delving into these industry 4.0 books, professionals can gain a deeper understanding of effective implementation of digitalization into productions across their infrastructure. With the ever-evolving digital landscape, staying up-to-date with the latest trends and best practices is crucial. These books offer industry-relevant knowledge and empower experts to make informed decisions and gain expertise in the relevant industries.

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Smart Factory

Technologies to Adopt Now to Enable the Smart Warehouse Concept

Article | December 8, 2021

Why should warehouses be left behind as everything gets smarter in the manufacturing world? The future warehouse will be smarter and more innovative to speed up supply chain management procedures and assist businesses in intelligently segregating their raw materials and manufactured goods. So, what does it mean to have "a smart warehouse"? A smart warehouse is a big infrastructure that stores raw materials and manufactured goods and employs machines and computers to handle routine warehouse tasks that humans previously performed. Smart warehouses are inspired by smart factories and operate in a data-driven environment. It is the ability of the system in the warehouse to make it more efficient and productive by utilizing networked, automated technology. “I advocate business leaders get to know more about what AI can do and then leverage AI in proofs of concept.” – Michael Walton, Director, Industry Executive (Manufacturing) at Microsoft According to EASYECOM, nine out of ten businesses intend to include commercial service robots into their operations in some form. By 2025, it is projected that there will be roughly 23,000 robotic warehouses in the United States alone, up from only 2,500 in 2018. Furthermore, the global smart warehousing market is expected to grow at a CAGR of 11.5 percent from USD 14.8 billion in 2021 to USD 25.4 billion in 2026, according to GlobeNewswire. As can be seen, the current warehouse automation trends are scaling up the worldwide market for smart warehouses, and the value of the smart warehouse business has a long way to go in the future. So, what are the technologies that are changing traditional warehouses into intelligent warehouses? Continue reading this article to get a better understanding of this. Top 5 Warehouse Technologies to Take On Numerous manufacturing and non-manufacturing organizations, including IKEA, NIKE, and WALMART, utilize smart warehouses to streamline their overall operations. The technologies listed below assist many of them in implementing the modern warehousing idea. A Warehouse Management System Warehouse Management Systems, or WMSs, are comprehensive software systems that consolidate all of your critical data onto a single platform that can be easily accessed by team members and selected supply chain partners. This data compartmentalization allows for lightning-fast reporting, which allows for super-efficient planning, even for unexpected events. Overall, the use of warehouse management systems complements the use of other automated aspects perfectly. Automated Picking Tools The days of error-prone picking are long gone; now, when picking automation elements are integrated into the flow, warehouses can profit from near-perfect picking rates. In addition, picking procedures can be aided by various techniques, including voice-automated order picking, pick-to-light, and robotic order picking. These technologies also use cutting-edge barcoding choices that easily interface with your selected management software to provide the quickest and most accurate automated reporting experiences. Automated Guided Vehicles (AGVs) AGVs, or automatic guided vehicles, are the best approach to speeding up storage and retrieval processes. AGVs are becoming more robust as technology advances, but older models have proven safer and more cost-effective than manual labor. Their functions include pallet, rack, and other container storage and controlling and automating the entire receiving process. Platforms for Automated Inventory Control Automated inventory control platforms, when combined with a few other technological cornerstones, such as asset and inventory tags, may eliminate labor, guesswork, and unnecessary time from traditional inventory control. In addition, there are several advantages to using these platforms, including their ability to automatically count inventories and synthesize data for real-time reporting that can be viewed remotely. IoT Implementation The Internet of Things (IoT) is used by some of the world's most efficient smart warehouses, such as Amazon, as an entire concept rather than a specific technology. All of your automated and manual operations may be optimized when IoT is used to control all of your moving parts, both automated and manual. This innovative technology helps optimize a warehouse's inventory control systems, workforce planning, and, of course, the overall customer experience. While implementing technology improves the notion of a smart warehouse, it isn't always possible for every warehouse to do so instantly, especially since implementing technology takes significant financial and infrastructure changes. That's why warehouses are adopting the concept of collaborative robots (cobots). These are the autonomous elements that work with existing human workers. Cobots allow warehouses to preserve many of their existing procedures and infrastructure while gaining the benefits of fully autonomous elements. Amazon's Smart Warehouses Integrates Humans and Robots Amazon acquired Kiva Systems for $775 million in 2012, highlighting its interest in warehouse robotics. Kiva Systems was the sole known producer of warehouse robots, serving many different logistics organizations. Amazon bought Kiva Systems' machines, constructed and used them all. Amazon Robotics is a new business unit that the company has developed. Amazon recently established a semi-automated warehouse with human workers and robots. As a result, simple chores like moving parcels and scanning barcodes are automated. However, organizing goods and carrying complex objects (like bottles) is still part of human work. Amazon's automated warehouse employs over 400 robots and hundreds of human employees. Amazon's rise in two crucial areas – online shopping and logistics – has been accelerated by warehouse robots. Final Words Modern warehousing is a new trend in the manufacturing industry that automates numerous procedures required for keeping manufacturing materials and products organized. Technology trends in warehousing are making manufacturers' jobs easier and promoting the future warehouse model in 2022. Implement the cutting-edge technology outlined above to stay current with warehousing trends and boost productivity, efficiency, accuracy, and flexibility for your personnel and their operations. FAQ What are the key benefits of a smart warehouse? A smart warehouse improves the warehouse's productivity, efficiency, and accuracy. It also allows personnel and procedures to be flexible. What exactly is WMS? A warehouse management system (WMS) is a software solution that handles the supply chain from the distribution center to the retail shelf. What is COBOT? Cobots are designed to work with people rather than replace them. Cobots are also known as people-focused robots. They can help humans simplify and improve their work. { "@context": "https://schema.org", "@type": "FAQPage", "mainEntity": [{ "@type": "Question", "name": "What are the key benefits of a smart warehouse?", "acceptedAnswer": { "@type": "Answer", "text": "A smart warehouse improves the warehouse's productivity, efficiency, and accuracy. 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Insights

The packaging journey: Is it an important factor for your brand?

Article | June 8, 2021

The last 12 months saw a considerable increase in e-commerce, driven by the global pandemic with many retail commentators believing this is an irreversible behavioural shift. If correct, this will further underline the importance of the packaging journey, since the likelihood of consumers primarily interacting with brands through deliveries increases, potentially becoming the standard purchasing process. Robert Lockyer, CEO and founder of Delta Global, a sustainable packaging solutions provider for luxury fashion brands, considers the impact of the packaging journey amid these new retail dynamics. How much impact could a single packaging box have when it comes to consumer engagement and marketing? This is a question that all retailers and brands should reconsider, given the tumultuous nature of the retail landscape. If Deloitte’s recent report into the Danish consumer’s permanent shift to online shopping can be viewed as a microcosm of imminent global trends, then businesses must adapt packaging to incorporate the entire journey. Last year, the fashion and luxury markets were forecast to decline by an astounding $450 - $600 billion. A market previously thought too-big-to fail is taking a huge financial hit. The long-term effects of Covid-19 on retail as whole are unclear. But packaging has become too integral to the sales journey to ignore. Packaging, therefore, can work as a core marketing tool, beyond the basics of the primary recipients’ experience. In this article, I’ll highlight how best to consider and exploit the entire packaging journey, ensuring that packaging realises its complete potential. Materials Manufacturing that avoids the use of sustainable materials is becoming impossible to justify, from both an economic and environmental perspective. In fact, they are, practically speaking, one and the same. We know that a significant majority of consumers expect businesses to adopt a sustainable ethos – and are willing to pay more for it. Therefore, the economic viability of sustainable packaging is fortified by consumer expectation. It is both a market and environmental inevitability. Beginning a packaging journey should start with the selection of sustainable, recyclable, reusable materials. This is a stage in the packaging voyage that is easily achieved, with manufacturers increasingly switching to eco-friendly methods. At Delta Global, sustainability is incorporated into every packaging product we produce. We’ve seen demands for sustainable services increase, but more can be done to mark this initial step as a marketing footprint rather than a footnote. There are some great recent examples of how to do this right, from Burberry’s elegant reinvention of the ordinary cardboard box which will go even further to remove all plastic from its packaging by 2025, through to Gucci’s opulent Victorian wallpaper design packaging that is fully recyclable. And so, step one - the initial consumer experience and expectation, is met through sustainable materials, and when done correctly, is easily exceeded. Design Once the correct materials are selected, brands should start think about design beyond creating an attractive, secure container. The goal here is to inspire the consumer to utilise the packaging in a way that positions them as a virtual brand ambassador. Consider the rise of the unboxing video. YouTube reported a 57% increase in product unboxing videos in one year, with these videos having in excess of a billion yearly views. Together with Instagram, where 58% of its estimated 1.074 billion users log-in to follow trends and styles, visually oriented content platforms provide an unmissable marketing opportunity. It is important to underline that this type of viral marketing need not rely on paid celebrities. In fact, I am advocating for a completely organic approach where possible. From a brand’s perspective, recipients of well-executed sustainable packaging must progress this initial positive experience by innovative and thoughtful design. That way, authentically persuasive content will occur naturally. And it's this type of spontaneous, highly engaged micro-influencing that rewards brands that have fully considered the packaging journey. To achieve this requires innovation. You might consider implementing technology and connected packaging, where apps and QR codes are integrated into the packing itself. A favourite example of this is Loot Crates brilliantly innovative unboxing experience which connects, via an app, to new products and exclusive items. While technological innovation provides a novelty that encourages unboxing videos, simpler approaches can equally inspire the consumer through personal touches like VIVE Wellness’ individually packaged and addressed turquoise vitamin tubes, or M.M Lafleur’s curated and detail-oriented ‘bento box’ styling solution. These packaging creations work because they provide memorable experiences, centred on discovery, individuality and, ultimately, shareability. Packaging after purchase The third and most under-utilised part of the packaging journey is post-unboxing usage. Brands should ask themselves who the packaging is seen by – and does the packaging have the function to be seen and used by others? At this point in the packaging journey, we are hoping to harvest as many positive impressions as possible. This can include, for example, delivery drivers, photographers and stylists. The concept is not abstract. Reflect on the reaction felt by a fashion photographer the first time they received, from an enthused stylist, a Gucci item in its new opulent emerald green packaging. Or the response of a delivery driver when seeing, in amongst the more mundane boxes, MatchesFashion’s reimagining of the a cardboard parcel. Is it likely that the impression made by those stand-out packaging designs will be talked about, purred over, recommended and revered? The answer is obviously a resounding yes. When this happens online, we call it influencer marketing. And we should not dismiss this type of marketing when it happens offline. Word of mouth matters. In an increasingly online consumer market where the first – and perhaps only – physical interaction between brand/consumer is through the packaging experience, it will matter more. To our imaginary trio of driver, photographer and stylist, let’s introduce the general consumer. How likely it is that any of those would throw such packaging away? They are so wonderfully designed that reusability and repurposing are inevitable. When a packaging compels secondary usage - deployed around homes and offices as containers, storage or decoration – you are creating an item that symbolises what marketers spending entire budgets pursuing: brand as central to an aspirational lifestyle. If the retail market is moving irrevocably online, the offline journey of packaging – from manufacturer, deliverer, consumer and user – can ease that transition and become a perpetual marketing tool. This way, brands and retailers can enjoy the journey and the destination.

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Manufacturing Technology

Cost Optimization in Manufacturing with Digital twin

Article | May 5, 2022

Digital twins appear to be beneficial in cutting expenses for many industries. A growing number of companies in the manufacturing industry, as well as healthcare, oil & gas, and other industries, are using digital twin features to better understand and respond to changing business conditions. Digital twins can be used to save costs at numerous levels or segments of your business. Their use raises awareness of situations and helps businesses make better decisions. This technology has been applied to: Change to standard care and conditional support in the railways Use predictive care to foresee major impacts on the oil and gas industry Monitor patients in real-time to improve comfort and avoid life-threatening scenarios So, how do digital twin solutions assist manufacturers in cutting production costs? Digital twins enable manufacturers to detect early mechanical defects, allowing for faster or cheaper repairs. Companies can save money by adapting to changing circumstances. For example, a corporation may automatically plan repairs to minimize performance impact. Many companies use digital twins to cut expenses in various operating scenarios. In this article, we will look at situations to help recognize the benefits of digital twins. Why Use a Digital twin? Better R&D The adoption of digital twins provides more effective product research and design. It also generates large amount of data about expected performance or results in the process. This data can provide insights that enable businesses to make necessary product refinements before initiating production. Superior efficacy The use of digital twins can be beneficial even after a new product has been put into production. This can help mirror and monitor production processes to achieve and maintain optimal efficiency throughout the whole manufacturing process. Product end-of-life As far as product lifecycle management is concerned, digital twins can assist manufacturers in determining what to do with products that have reached the end of their expected life and require final processing, whether through recycling or other means. They can figure out which product materials can be gathered with the help of digital twins. Cost Optimization in Manufacturing using Digital twin Transportation Cost Optimization Digital twins are commonly employed in high-value rolling commodities like trains to improve fuel efficiency and competitiveness (i.e., predictable repairs). However, in the case of passenger automobiles, cost savings have been recorded (for example, improving security maintenance at passenger doors and train wheels). When switching from conventional to state-based prevention in stock care, the rail transport operator claimed an average 10% savings. Oil and Gas Cost Optimization Companies frequently utilize digital twins to simulate and analyze functions like oil metals, pipelines, and processing plants. Among the business objectives supported by forecasting adjustments, machine learning, and other analyses are an increase in automated excavation or processing processes, a reduction in off-peak hours (FTE), and downtime, and the extension of the life of high-value assets. The oil and gas businesses claimed that historical data forecasts for building repairs had been discovered near a substantial portion of their offshore oil production. This gave them time to lead security operations. They saved a week of unplanned unemployment and production expenditures. In less than a year, their digital investment has returned twice as much as before. Supply Chain Cost Optimization Businesses are increasing their investment in IoT and supply chain monitoring. Utilizing modern supply chain characteristics such as digital twins can assist businesses in achieving enhanced business results. Monitoring the location and condition of high-value assets can assist in identifying anomalies that suggest an increased risk of theft. Additionally, this technology can be utilized to determine the location of assets for the purpose of recovery. While digital twins in many of these circumstances are straightforward – simply a location – in others, the supervised data may include natural characteristics such as the temperature inside the frozen container, generator fuel levels, or ways of detecting asset depletion or interruption. Final Word Is a digital twin necessary for your business? Yes, most certainly. By creating a comprehensive virtual picture of a company's processes, digital twins remove the element of uncertainty from decision-making. According to Gartner, 13% of organizations utilizing IoT already have digital twins in place, while 62% are either implementing or planning to do so. Hence, do not hesitate to deploy a digital twin in your organization, as it is worthwhile to invest in a digital twin that will help you lower overall production costs in the long run. FAQ Why is a digital twin necessary? Digital twins are becoming vital in business. By making a digital copy of the physical assets of a product or service in an industry, digital twins help with data analysis and give people a way to check how things work before they happen. This way, they can develop a solution to any problem before it happens. What data should be in the digital twin model? The concept of the digital twin is based on three unique components: the physical product, the digital/virtual product, and the connections between the two. How much does a digital twin cost? According to some experts’ estimations, the cost of implementing a digital twin is $50,000 or less. Complex processes will necessitate a substantial investment and a lengthy implementation period to model.

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Spotlight

LumaStream, Inc.

LumaStream provides innovative Intelligent LED Lighting Systems for Commercial, Residential, Hospitality and Exterior lighting applications. Our systems feature digital power conversion and remote, low voltage DC distribution technology, fully dimmable LED lights, and deliver high reliability, system efficiency and multiple options for lighting control. LumaStream is aligned with ‘best in class’ industry leaders for Luminaires, control and light engines and features the Bridgelux® arrays in their new series of recessed down lights.

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Robotics and Automation

Kardex and Addverb start partnership in the area of intralogistics software

Kardex | January 25, 2024

Kardex has agreed a strategic partnership with Addverb in the area of intralogistics software. Addverb is a leading global robotics and warehouse automation company based in India. The cooperation combines Kardex's expertise in the area of compact storage systems with Addverb's outstanding warehouse management technology. Addverb's highly innovative warehouse management system is based on a modern microservices architecture and fully operable in the cloud. The partnership between Kardex and Addverb enables an integrated and efficient solution package with the latest technologies in the area of warehouse management and automation. The overall package of Addverb software and Kardex storage systems offers seamlessly integrated and optimized storage processes for companies of all sizes in all industries. Addverb's warehouse management solution is based on a microservices architecture that makes it seamlessly scalable and extremely flexible. In addition to which it features a user-friendly interface that eases the implementation and administration. With its algorithms optimizing the handling of resources and materials, the Addverb system ensures optimized workflows and greater productivity. The cloud-based architecture meanwhile guarantees global access and real-time data for optimal decision-making with the highest possible security standards. The partnership between Kardex and Addverb is an important step forward in the advancement and innovation of warehouse management technologies. Both companies are convinced that their joint effort will contribute to boosting the efficiency and agility of companies worldwide. "Thanks to the partnership with Addverb, we are able to offer our clients one of the most advanced warehouse management solutions for highly efficient storage. The combination of our technologies will set new standards in the integration of logistics systems" emphasizes Dr. Volker Jungbluth, Head of Corporate Technology at Kardex. The strategic partnership enables extensive synergies between the two companies. "Together with Kardex, we will be able to offer our clients first-class solutions that will revolutionize their warehousing processes and make them more competitive", says Pieter Feenstra, CEO Addverb EMEA.

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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.”

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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.

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Robotics and Automation

Kardex and Addverb start partnership in the area of intralogistics software

Kardex | January 25, 2024

Kardex has agreed a strategic partnership with Addverb in the area of intralogistics software. Addverb is a leading global robotics and warehouse automation company based in India. The cooperation combines Kardex's expertise in the area of compact storage systems with Addverb's outstanding warehouse management technology. Addverb's highly innovative warehouse management system is based on a modern microservices architecture and fully operable in the cloud. The partnership between Kardex and Addverb enables an integrated and efficient solution package with the latest technologies in the area of warehouse management and automation. The overall package of Addverb software and Kardex storage systems offers seamlessly integrated and optimized storage processes for companies of all sizes in all industries. Addverb's warehouse management solution is based on a microservices architecture that makes it seamlessly scalable and extremely flexible. In addition to which it features a user-friendly interface that eases the implementation and administration. With its algorithms optimizing the handling of resources and materials, the Addverb system ensures optimized workflows and greater productivity. The cloud-based architecture meanwhile guarantees global access and real-time data for optimal decision-making with the highest possible security standards. The partnership between Kardex and Addverb is an important step forward in the advancement and innovation of warehouse management technologies. Both companies are convinced that their joint effort will contribute to boosting the efficiency and agility of companies worldwide. "Thanks to the partnership with Addverb, we are able to offer our clients one of the most advanced warehouse management solutions for highly efficient storage. The combination of our technologies will set new standards in the integration of logistics systems" emphasizes Dr. Volker Jungbluth, Head of Corporate Technology at Kardex. The strategic partnership enables extensive synergies between the two companies. "Together with Kardex, we will be able to offer our clients first-class solutions that will revolutionize their warehousing processes and make them more competitive", says Pieter Feenstra, CEO Addverb EMEA.

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

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