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Named the next phase in the digitization of the manufacturing sector by McKinsey & Company, Industry 4.0 is sweeping through manufacturing—combining connectivity with computational power and data for unparalleled capabilities. Here are three ways Industry 4.0 is forcing manufacturers to rethink one key metric: their lead times.

Ask the owner of any machine shop or sheet-metal house to name the biggest obstacle to company growth and you’re likely to receive the same answer—it’s not a lack of working capital that’s slowing them down, nor a shortage of advanced technology, but something far more basic: the need for someone to push a green button or pack boxes. “We can’t find enough people,” you’ll hear.

The virtualization of business-critical infrastructure is transforming the production and distribution of goods and services throughout the supply chain as industrial organizations shift focus from private to public and, ultimately, hybrid cloud deployments that connect and integrate on-premise resources with cloud resources.

Ask almost any CAD/CAM vendor what they’re focused on and they’ll tell you it’s the same today as it was five years ago, and it’ll be the same in five years: Get the part onto the machine as fast as possible and get it off the machine as fast as possible. Here’s the current state of play in those two main areas.

General Motors Co. (Detroit) is boosting its use of collaborative robots, a manufacturing executive said at this week’s Management Briefing Seminars (MBS).

Some in the medical industry are using silicone rubber molds made with a 3D-printed master pattern for low-to-mid production runs of cast polyurethane device housings.

The use of additive manufacturing (AM) in the medical industry is well established in making dental implants, artificial hip joints, and molds for invisible braces.

The Center for Automotive Research’s Management Briefing Seminars (MBS) is an annual rite of summer for the auto industry. Representatives of automakers and suppliers head to northern Michigan near the resort town of Traverse City for lectures and presentations about the industry.

Industry analyst firm SmarTech Publishing has just issued a new report that examines the current market for automotive additive manufacturing market including prototyping and tooling applications while focusing specifically on production of final parts.

Visitors to the Valley of the Sun were recently treated to a dizzying display of software technology at Arizona’s Phoenix Convention Center. From June 4-7, the Siemens PLM Connection—Americas 2018 user conference hosted thousands of visitors from hundreds of manufacturing companies.