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When is it best to make your own components?

Most manufacturers have relied on third-party vendors to make parts that are then incorporated into the final product. From automakers sourcing stereos and aircraft makers contracting for jet engines to a small bakery ordering plastic bags or a woodshop buying nails, producers of all types have supplemented their internal capabilities through a painstakingly developed supply chain of external vendors.

Cloud Connectivity, Advanced Analytics Drive ERP Software

Manufacturing operations depend on getting the right information at precisely the right moment, ensuring that products get built on time, to quality specs. With the latest enterprise resource management (ERP) software, this critical data flow is often coming via the cloud, as more manufacturers become comfortable with it as a repository for key manufacturing information.

Updated standard encourages proactive weighing of hazards

When the new ISO 9001:2015 certification standard was announced in late 2015, it made waves in manufacturing due to its heavy emphasis on risk management. In our experience, in helping companies become ISO 9001:2015 certified, we’ve seen first hand how the value of embracing a risk-averse culture and the other core aspects of ISO 9001:2015 extends to all aspects of operations.

PLM’s Promise for a Connected Manufacturing Industry

Complexity is pervasive in today’s component design and manufacturing processes. In the latest product lifecycle management (PLM) software, manufacturers get more choices, with new functionality being added to help visualize manufacturing processes with technologies that include augmented reality (VR) and virtual reality (VR).

AI Enables Smarter Assembly, Superior Products

The next cycle of technology disruption is upon us. Artificial Intelligence (AI) is taking hold in every industry and manufacturing is no exception. AI enables companies—from medical device and electronics manufacturers to pharmaceutical firms—to leverage their Big Data and IoT investments to see new patterns and insights and to perform tasks more efficiently and quickly than ever before.

Smart Manufacturing: Think Big, Start Small

Smart manufacturing is about making the best decisions in the shortest time possible based on the most accurate real-time data—whether those decisions are made by people, machines or cyber-physical systems.