How to Apply Principles of Lean Thinking to the Manufacturing Process December 26, 2019 In manufacturing, the most efficient process is destined to come out on top. Efficiency is the highest priority. Toyota revolutionized the standards of efficient manufacturing by applying the principles of what is now known as lean thinking, a term coined by Daniel T. Jones and James P. Womack who have studied Toyota’s rise in-depth.
ISM Manufacturing Index Weakens in December January 3, 2020 Manufacturing softened in December to its lowest level in more than a decade, the Institute for Supply Management said today in a monthly report.
Marposs Introduces Software Package for Precision Probing December 19, 2019 Marposs said its new Mida Hyper Probing software can achieve an 80% reduction in cycle time, ensuring fast and precise probing.
Plan Now to Exploit Post-Virus Opportunities, Industry Analysts Urge April 13, 2020 Companies most likely to succeed in capitalizing on those opportunities will excel in digital transformation, among other things, according to the April 9 webinar “Market Impact of COVID-19: How to Respond, Reset, and Rebound,” by Aroop Zutshi and Mark Simoncelli of Frost & Sullivan Industry and Strategy Experts.
Survey: Quality Now Seen as Growth Driver April 16, 2020 According to a survey, companies are investing more in quality as a strategic business growth initiative that brings a significant return on investment.
Aerospace: Comply or Die January 28, 2020 Success in aerospace machining requires more than the ability to hold tight tolerances in difficult materials. It also requires the ability to prove that you did so in compliance with a pile of specific guidelines, with reports that likewise must follow a specific format.
PLM Takes On Digital Transformation February 4, 2020 Product lifecycle management (PLM) software helps manufacturers manage, shape, guide, and refine new product developments, speeding up the design and production process.
Machine Tool Orders Fall in January, Coronavirus May Delay Industry Comeback March 9, 2020 Machine tool orders fell sharply in January while the new coronavirus may delay the industry’s comeback, AMT – The Association for Manufacturing Technology, said today in a monthly report.
ISM Says China Coronavirus Outbreak Worsening Lead Times March 11, 2020 The outbreak of the coronavirus in China is causing longer lead times and will reduce revenue for companies, according to respondents in a special Institute for Supply Management survey.
Financial Executives Express Concern About COVID-19 in PwC Survey March 16, 2020 Top financial executives participating in a survey by consulting firm PwC expressed concerns about the impact, including a recession, from the outbreak of the coronavirus (COVID-19).