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.
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.
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.
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.
