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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?

IoT + analytics = cool new stuff to sell

Put the paper and pencil away. Hybrid data management and analysis systems-where users combine paper tracking with computer processing-are no longer meeting the needs of manufacturers for speed, accuracy, traceability and compliance with regulations.

American, German, Swedish manufacturers gladly adopt factory-within-factory concept

Manufacturers of all sizes see an uptick in productivity after adding a factory within a factory via an automated machining cell. The cells are small-scale, clearly defined production units, often for a family of similar parts or a product, and they typically include a robotic arm and one or more machine tools. These can include horizontal and vertical lathes, machining centers and grinders. The cell may also include a conveyor component.

Barriers to robot deployment falling one by one

Industrial robots are becoming easier to program, more versatile, more cost-effective, more accurate and more mobile. These changes are lowering barriers to entry, shortening return on investment and making robots a more practical investment.