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Toyota | April 24, 2020
On February 1,1997, a fire destroyed an Aisin factory that made the inconspicuous P-Valve, a brake part required for every Toyota vehicle worldwide. Toyota’s policy is to source any critical part from multiple geographic locations, but in this case, 99% of global production of the part came out of this one plant-at that time, 32,500 units per day. Toyota’s vaunted Just-in-Time system meant only two days of inventory were available in total in the supply chain. In two d...
The Manufacturer | February 11, 2020
Manufacturers are invited to an immersive workshop to equip them with the tools they need to develop a digital strategy and unlock greater profitability, efficiencies, access to new markets and business insight. The event, Powering Your Manufacturing Through Digital Transformation, is run by Made Smarter, and is aimed at companies looking to understand more about how digital tools and technology can create efficiencies and growth in their business. The interactive session offers SMEs free access...
IndustryWeek | April 16, 2020
For most manufacturers, IoT deployments have reached the point where organizations need to be able to justify the investment. According to Boston Consulting Group’s recently published report, Unleashing the Power of Data with IoT and Augmented Reality, Augmented reality is emerging as the key to unlocking the full potential of IoT deployments. Survey results show that most companies surveyed see IoT and AR as complementary technologies. Specifically, 85% of respondents manage IoT and AR to...
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LUXIT Group | December 14, 2022
Global automotive lighting supplier LUXIT Group (LUXIT), an affiliate of New Water Capital Partners I L.P. (New Water), has acquired a manufacturing facility in Pulaski, Tennessee, from Proper Group International, LLC. The Pulaski facility, which began operations in 2016, will further expand LUXIT's manufacturing presence in the United States. The 88,000-square-foot facility employs 140 people and is fully dedicated to lighting products and technologies. It will add multi-colo...
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