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US Cutting Tool 2017 YTD Consumption up 7.1% in July

July US cutting tool consumption totaled $170.95 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report (CTMR) collaboration, was down 8.4 percent from June’s $186.57 million but up 16.0 percent when compared with the total of $147.43 million reported for July 2016.

How to save a cool $100 million. Each year.

A major aerospace equipment manufacturer struggled to balance supply and demand. The failure resulted in long lead times, high inventory, rising costs and an inability to meet customer demand. The manufacturer risked loss of market share.

Allied Machine & Engineering Launches New Training Department

Allied Machine & Engineering, a leading tooling manufacturer of complete holemaking solutions, has launched its new engineering training department, which provides hands on education programs for new employees, end users and distributors.

Making Hay With Reams of Data—From Supply Chain Players

Within manufacturing, a shift has begun to extend big data analytics and condition monitoring beyond the factory door to both ends of the supply chain—to customers, other end users and to second-and third-tier suppliers.