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US Cutting Tool 2017 YTD Consumption up 8.0 % in October

October US cutting tool consumption totaled $198.00 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 up 13.2 percent from September’s $174.92 million and up 17.2% when compared with the $169.00 million reported for October 2016. With a year-to-date total of $1.835 billion, 2017 is up 8.0% when compared with 2016.

To Get on Industry 4.0 Path, Focus on the Here and Now

Industry 4.0 is inevitable, and everyone is looking to find a way forward. But manufacturing leaders who focus only on the technology involved will be frustrated—because the new industrial revolution is just as much a culture and people thing as it is a technology thing.

Honda Details Work With Dassault on Planning Structure Capability

To improve time to market and productivity at Honda, the Japanese automaker partnered with the French software giant Dassault Systèmes on planning structure, including a new model process development (NMPD) project, Ron Emerson said here this week at Dassault’s 3DExperience Forum North America event.

Smaller manufacturers can use AR to keep eyes on prize

As manufacturing becomes ever more complex, tools that assist workers with difficult or unfamiliar tasks are becoming critical to process efficiency and product quality. An explosion in the development of mobile, wearable, and augmented reality (AR) computing technologies has thus created a new world of possibilities for the manufacturing industry.

Advanced Shops Aim to be on the Top of their Game

Shops looking for ways to improve productivity in traditional subtractive machining processes need look no further than ways to reduce setup time, improve spindle uptime, and implement CNC programming efficiencies. Shop managers overwhelmed by claims about the future of digitalization and Industry 4.0 can find ways to translate that exciting promise into their day-to-day operations—today.

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.