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Aging assets have long been the culprits behind common supply chain disruptions like unexpected downtime and production delays. They can have a direct impact on revenues and service levels, and the older they get, the more costly the risks they pose are.

After years of hype, the digital factory—the comprehensive integration of data from development, production and suppliers via new hardware and software meant to increase efficiency—is gradually becoming a reality.

Condition monitoring is exploding. All manufacturers of any type of equipment are putting sensors in their machines,” said Michael Fry, a director with CIMdata.

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.

Manufacturers are accelerating use of Internet of Things (IoT) technology, according to a survey of 66 companies.

Bringing the biggest and most creative brains together to secure U.S. manufacturers

The code to a more secure factory

Lower operational costs, curb CO2 emissions, and create a better working environment

Best practices to combat ransomware, phishing attacks, and supply chain threats

Investments in technology, workforce key for a resilient manufacturing ecosystem