GM Quarterly Profit Falls Amid COVID-19 May 6, 2020 General Motors Co.’s quarterly profit plunged as the novel coronavirus (COVID-19) pared demand and caused the automaker to close factories.
Trillium Machine finds a way to effectively train newbies May 12, 2020 One of the biggest challenges that any shop faces in 2020 is finding skilled workers to backfill those baby boomers who are retiring, or simply finding staff to meet the demand of a healthy manufacturing economy.
No Shop Too Small for Industry 4.0 April 21, 2020 The ability to take Industry 4.0 software and implement it into your current server system, connect your machine tools, start collecting data and make it valuable to your business is very easy to do. That is according to Brad Klippstein, supervisor and product specialist at Okuma America Corp., Charlotte, N.C.
Industry 4.0 Offers Real Solutions April 20, 2020 Industry 4.0 often seems like a vague, faraway idea, but there are several practical and relatively easy steps that can be taken to jump into the “future of manufacturing” right now. From addressing skilled labor shortages to increasing machine utilization, a fancy title should not stop a shop owner from using what works.
NAM Survey: Optimism Dips But Manufacturers Stay Open May 28, 2020 The National Association of Manufacturers said a survey shows that while optimism has dipped, manufacturers are staying open or have only temporarily closed operations because of COVID-19.
Survey: Quality Now Seen as Growth Driver April 16, 2020 According to a survey, companies are investing more in quality as a strategic business growth initiative that brings a significant return on investment.
Plan Now to Exploit Post-Virus Opportunities, Industry Analysts Urge April 13, 2020 Companies most likely to succeed in capitalizing on those opportunities will excel in digital transformation, among other things, according to the April 9 webinar “Market Impact of COVID-19: How to Respond, Reset, and Rebound,” by Aroop Zutshi and Mark Simoncelli of Frost & Sullivan Industry and Strategy Experts.
Digitalization of Connected Care April 13, 2020 A cultural shift is occurring within the healthcare industry, radically transforming the way we view medical needs. Technology is driving this alteration as a transformative enabler to meeting the patient’s healthcare priorities through pioneering technological methods.
Tooling up: Kennametal really gets into additive April 6, 2020 Kennametal is focused on the additive applications where we can leverage our core capabilities in delivering material properties for demanding applications in wear, erosion, corrosion and high temperatures.
The Challenge of Implementing New Technology March 27, 2020 Many organizations struggle with applying new technology in their manufacturing operations. SME conducted the Manufacturing Technology Harmonization Study to understand how companies approach this challenge of integrating smart manufacturing, big data, and both new and old capital equipment in a cost-effective and practical implementation.