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If you look at all the companies that were on the Fortune 500 list in 1990, “a very large percentage of them are not there anymore,” David Brousell, executive director of the Manufacturing Leadership Council, told people attending his talk on “Manufacturing 4.0” at Oracle’s recent Modern Business Experience conference.

On-time delivery (OTD), a measurement of the level of finish goods or services delivered when promised and in full, is a signal of efficiency that reveals how well operations is doing.

Road to maturity involves safeguarding supply chains, treating security with the same urgency as safety, for starters.

When drilling a well, clearing a forest or excavating a building site, experienced operators count on their toughest equipment to help them get the job done.

The technology behind the rise of cryptocurrencies is widely expected to bring ‘a common source of truth’ to manufacturing.

Implementing a comprehensive laser cutting system is not a task for the faint of heart. In addition to the financial outlay, requirements include planning for a complete system, not just the laser, according to Dustin Diehl, laser division product manager, Amada America Inc., Buena Park, Calif.

Connected manufacturing and digitization technologies are spurring many of the major innovations in CNC machine controls that help machine shops cut metal and create parts as quickly and efficiently as possible.

Indianapolis-based Hurco introduces the Hurco MAX5 control with the new 3D Import feature that includes 3D DXF technology. This control feature allows the user to simply load the file they receive from their customer directly into the Hurco control.

Metalworking technology manufacturer Prima Power (Turin, Italy; Arlington Heights, Ill.) announced the opening of a new site in Seinäjoki, Finland. Finn-Power Oy—the company of Prima Industrie Group manufacturing Prima Power turret punch presses, combined machines, and systems—relocated its manufacturing plant and Tech Center previously sited in Kauhava into a new facility in Seinäjoki.

Blockchain technology is becoming a key player in modernizing supply chains to enable easy tracking, automate transactions and delivery, and build end-to-end trust, Chandra Narayanaswami, principal research staff member, Member IBM Academy of Technology at IBM Research, told people attending a smart manufacturing session at the MD&M West conference here last week.