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Caterpillar Inc., the maker of heavy construction and mining equipment, today reported a sharply lower third-quarter profit as demand for the company’s products dropped.

To grow in today’s manufacturing world, shops need to consolidate operations, automate, increase efficiency, capture and analyze data and more, in order to fully leverage opportunities in thriving industries, such as aerospace.

Teenaged Jamie Yelle daydreamed as he pushed a broom across the floor of his father’s machine shop. As he cleared a path through aluminum chips, filings, and scraps of metal around the machinery, he imagined what the company would look like if he were at the helm.

Peter Drucker, known as the father of modern management, was quoted in a 2006 article in Forbes as saying, “Because the purpose of business is to create a customer, the business enterprise has two—and only two—basic functions: marketing and innovation. Marketing and innovation produce results; all the rest are costs.”

NSK America Corp. has upgraded its Ultrasonic Polisher with the Sheenus ZERO. Enhanced features of the Sheenus ZERO Ultrasonic Polisher include an improved, user-friendly design and high efficiency power, according to the company.

Simulation tools are making it much easier for manufacturers to optimize their processes, visualizing the entire path of production from NC metalcutting simulations through 3D design and factory-floor imaging.

Secure, accurate workholding sets the stage for consistent machining productivity. Depending on the parts and processes involved, workholding can be as simple and temporary as a plain vise or clamp or as complex and permanent as a machined and fabricated fixture that is custom-designed to hold a unique part.

Tool life, geometry, and stability largely depend on proper edge preparation. Tool Flo, located in Houston, TX, is a manufacturer of carbide cutting tools such as inserts for threading, turning, and milling. The company uses optical 3D measurement systems from Alicona Corp. (Bartlett, IL) in the quality assurance of inserts.

When you’re managing a global manufacturing enterprise, there’s no choice but to go big. Large manufacturers, and even mid-sized builders, need the latest and best available technology in fast, real-time enterprise resource planning (ERP) software to handle the rapidly changing situations on the shop floor, often at multiple manufacturing sites located anywhere in the world.

2017 will be an historic time for TDM Systems. We have released our next generation of products that includes two product areas of our software portfolio—standard server/client TDM with TDM 2017 and a new flagship cloud-based software, Global Line.