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Supply chains are creating cybersecurity risks for companies, according to a security services firm report.

Sudhi Bangalore, chief technology officer for global operations at the tool giant Stanley Black & Decker, champions the global movement toward smart manufacturing.

Can small and medium-sized manufacturers, Tier 2 or Tier 3 guys, use all-digital descriptions of part orders, dispensing with paper specifications and supplemental drawings to efficiently deliver parts?

While recent advancements in machining centers have allowed for increased capability around high-volume operations, there are several factors that still necessitate the need for grinding.

Risk-management technology is beginning to help manufacturers cope with the supply-chain upheaval caused by the COVID-19 pandemic, said Thomas Derry, CEO of the Institute for Supply Management: “We are a lot better at managing risk than even 10 years ago.”

Smart manufacturing is now being rapidly adopted by a much wider range of business sectors.

LIFT recently expanded the focus of its desire to “create innovations faster, better and cheaper” to the materials, processes and systems involved in moving innovations from concept to commercialization.

Like the United Nations’ international delegates who use interpreters to understand each other, robots, machines and other industrial components from various vendors speak different computer languages and need translators to help them communicate.

Systems engineering is managing the risk inherent in integrating pieces into a predictable whole. In order to make the whole system as predictable as possible, engineers rely upon standards and operational use cases.

Smart technology can turn a food and beverage producer into a predictor rather than a reactor. When it comes to safety, today’s connected metal detectors allow immediate and remote access while enabling suppliers to review and compare operational data.