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Manufacturing added 26,000 jobs in December with durable goods sectors doing the heavy lifting.

Reverse engineering is becoming multifaceted and complex. The key drivers: new metrology sensors and more capable software, enabled by ever more powerful and cheaper computing.

The most important step in digitizing any manufacturing or supply chain process is analysis of the ROI and business case and being able to demonstrate success to company leaders.

An ongoing computer chip shortage may be the beginning of challenges for automotive suppliers, consulting firm Deloitte said in a report.

Trends and Ideas in Strategic Marketing

New orders for manufactured durable goods in May increased $5.7 billion (2.3 percent) to $253.3 billion. The increase followed a 0.8 percent April decrease.

Machine tool orders rose in May both on a monthly and year-over-year basis, AMT – The Association for Manufacturing Technology said today.

In IIoT-based smart factory setups, AI-enabled digital assistants are linked into all assets and all data. It is this intelligence that takes the IIoT beyond data collection to predictions and decisions.

Establishment of cross-sectoral networks provides an affordable solution to help manufacturers fast-track processes to keep pace with AI technologies and realize far-reaching efficiencies at scale.

3D Systems announced plans for acquisitions of two companies.