How to save a cool $100 million. Each year. August 8, 2017 A major aerospace equipment manufacturer struggled to balance supply and demand. The failure resulted in long lead times, high inventory, rising costs and an inability to meet customer demand. The manufacturer risked loss of market share.
IoT Tech Accelerates Among Manufacturers: Survey July 25, 2017 Manufacturers are accelerating use of Internet of Things (IoT) technology, according to a survey of 66 companies.
Northrop Grumman Lands $9.6-M Navy Torpedo Contract July 6, 2017 The U.S. Navy has awarded Northrop Grumman Corporation (NYSE: NOC) a $9.6 million contract, with options up to $40.5 million, to produce the Transducer Array/Nose Shell Assembly of the MK 48 heavyweight torpedo.
Machine Tool Orders Rise in May, AMT Says July 10, 2017 Machine tool orders rose in May as the industry recovers from a two-year slump, the Association for Manufacturing Technology (McLean, VA) said in a monthly report.
Welcome to the team sport of condition monitoring July 25, 2017 Condition monitoring is exploding. All manufacturers of any type of equipment are putting sensors in their machines,” said Michael Fry, a director with CIMdata.
‘Digital factory’ could take flight on back of robotics, simulation July 12, 2017 After years of hype, the digital factory—the comprehensive integration of data from development, production and suppliers via new hardware and software meant to increase efficiency—is gradually becoming a reality.
Rockwell counts all the ways digital ‘journey’ has paid off June 14, 2017 Tom O’Reilly, VP, Global Business Development at Rockwell Automation, speaks with Smart Manufacturing magazine.
GE Unveils New Digital Manufacturing Features June 13, 2017 Today at Minds + Machines Europe, GE (NYSE: GE) charted the course for digital industrial growth, unveiling new solutions that are purpose built for industrial assets, environments and operations. The event outlined the path to greater productivity for customers who take advantage of advances in the company’s leading Asset Performance Management (APM) and ServiceMax industrial applications, powered by Predix, GE’s platform for the Industrial Internet.
AFFOA opens state-of-the-art facility for protoyping advanced fabrics June 19, 2017 Just over a year after its funding award, a new center for the development and commercialization of advanced fabrics is officially opening its headquarters today in Cambridge, Massachusetts, and will be unveiling the first two advanced fabric products to be commercialized from the center’s work.
Machinery Industry Is Healthy, Expanding May 24, 2017 “We expect to see the world machinery market grow in the next five years,” said Arun Kumar a director at AlixPartners in a discussion he and I had recently.
