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Manufacturing faces an even larger shortage of skilled workers as older employees retire over the next few years, the head of SME said in a speech today.

Parker Hannifin’s Marissa Tucker talks with Senior Editor Patrick Waurzyniak

Alpha Laser, based in Puchheim, near Munich, Germany, specializes in laser-based processing technology, and Schneider Electric, headquartered in Andover, MA., is Alpha Laser’s automation partner for its semiautomatic and fully automatic machines, including a CNC-controlled universal machine for manufacturing sensors.

The U.S. Navy has awarded Northrop Grumman Corporation (NYSE: NOC) a $9.6 million contract, with options up to $40.5 million, to produce the Transducer Array/Nose Shell Assembly of the MK 48 heavyweight torpedo.

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

“We expect to see the world machinery market grow in the next five years,” said Arun Kumar a director at AlixPartners in a discussion he and I had recently.

Efficient manufacturing calls for coordinated systems of shop personnel, equipment and software. These systems increasingly include robotic technology, as manufacturers recognize the reliability, repeatability and flexibility that robots provide. According to the International Federation of Robotics, the number of industrial robots in use worldwide will increase to around 2.6 million by 2019, about one million more than in 2015. Approximately 70% of industrial robots are used in the automotive, electrical/electronics and metal and machinery industries.

With the push toward a fully digital factory, manufacturing execution systems (MES) software has never been more critical to manufacturers of all stripes.

An executive of automotive supplier Faurecia (Nanterre, France) said the company is succeeding with its Industry 4.0 efforts and is looking forward future advancements.

Unveiled at its Insights 2017 customer conference today, Epicor Software Corporation, a global provider of industry-specific enterprise software to promote business growth, introduced the latest version of Epicor ERP, the global enterprise resource planning solution in use today by thousands of customers in 150 countries worldwide.