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Survey: Digitization in US Takes Hold But Has a Lot of Room to Grow

Most of the nearly 400 C-suite manufacturing executives recently surveyed by SME.org and the software firm Plataine on plans for factory digitization expect at least single-digit business growth over the next three years, Plataine’s Ofer Abramsohn said here today, presenting the survey results for the first time at the Smart Manufacturing Experience.

At Smart Manufacturing Experience, Focus Is on Speed, Action, Preparedness

Smart Manufacturing Experience 2018, produced by SME and AMT—The Association for Manufacturing Technology, was held April 30 to May 2 at the Boston Convention Center. More than 2000 industry professionals attend the trade show and conference, which focused on the latest advanced manufacturing technologies.

What Will Manufacturing Jobs Be Like in 2068?

One theory I came up with years ago, backed by absolutely no evidence, is that automation and robotics will eventually be so extensive that none of us will have to leave our houses. We will eventually sit around all day, grow roots, and evolve back into the plant life we came from millions of years ago.

Five Suggestions for How to Retain Tribal Knowledge

What is tribal knowledge and why should a company care? It is valuable, exclusive information stored only inside someone’s mind and communicated only verbally (if at all). The “someone” may have played an important role in an organization for decades and knows a thing or two that the company treasures yet cannot duplicate.

To Prepare for Blockchain, First Check These Three Things

The value-add of blockchain for businesses is estimated to grow into the trillions by 2030. Experts believe product recalls alone—estimated to cost $8 million today—could be practically eliminated through improved track and traceability enabled by blockchain.

Finding the Right Fit for Custom Products

There is an ever-increasing demand for the individualization of products from today’s consumer. When consumers are able to get exactly what they want (shape, size, color) they are more satisfied and more likely to do repeat business. But how do you scale custom part production?