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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.

In the manufacturing industry, the importance of metrology, or the science of measurement, is often underestimated. However, inspection is critical for ensuring products work and operate safely.

Oil spills are, unfortunately, an unavoidable consequence of pumping, drilling and shipping the commodity around the globe. The most recent large-scale oil spill, the BP Deepwater Horizon incident in 2010 in the Gulf of Mexico, continues to have detrimental effects on surrounding ecosystems.

Cutting tool consumption in January 2020 rose 5 percent compared with December 2019, according to the U.S. Cutting Tool Institute and AMT - The Association for Manufacturing Technology.

Alicat Scientific is an ISO 9001 manufacturer of mass flow meters, mass flow controllers and pressure controllers for gases and liquids. Based in Tucson, Ariz., Alicat has been designing and manufacturing precision instruments since its inception in 1991.

The maiden flight on January 25 of Boeing’s 777X jetliner marked a new milestone for Safran Nacelles’ development and production of the largest jet engine exhaust system of its type ever manufactured for a civil aircraft, according to the company.

ARCH Global Precision, Bloomfield Hills, Mich., on Jan. 21 acquired Arundel Machine Tool, located in Arundel, Maine. Arundel manufactures high-precision components and assemblies primarily for the aerospace and defense market, as well as the semiconductor and oil and gas industries.

Universal Robots (UR, Odense, Denmark) was one of the pioneers of today’s modern field of collaborative robots (cobots) with the launch of the UR5 robot in 2008, however the company didn’t rest on its laurels at IMTS 2018 in Chicago.

Throughout 2018, SME has published a series of Smart Manufacturing Industry Reports, with the third being released at IMTS this month. The reports, available at sme.org/reports, detail the necessity and advantages of smart manufacturing, the challenges to implementing digital solutions, and, finally, keys to implementing the technologies and tools.