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Auto Industry to Confront Challenges in 2023

The auto industry will confront various challenges this year as automakers expand investment in electric vehicles and move on from the COVID-19 pandemic, speakers at a Federal Reserve Bank of Chicago conference said today.

Hybrid Machine Tools Offer One-Two Punch

When additive manufacturing first hit the market, some said it would eventually be the death of traditional, or subtractive, CNC machining. More than 30 years later, new machines are showing additive manufacturing as it really is—a complementary technology.

Build-to-Stock or Build-to-Order?

Manufacturing companies are responsible for creating products to deliver to their customers. Of course, a production system needs to be in place to understand how much product needs to be made.

Orchestrating Your Product Development Process with Milestones

Effective milestones are an important part of a company’s development process, especially in today’s era of team-based sprints and stand-ups. Yet many companies struggle to successfully create and employ milestones; and some don’t even understand their relevance beyond updating senior leadership.

Chrysler Implements Flexible Manufacturing

Challenged by an increasingly niche-oriented automotive market, The Chrysler Group (Auburn Hills, MI) must increase the number of models it offers while decreasing its capital investment. The company plans to offer 50% more models in 2009 compared to 2004, according to John Felice, VP of manufacturing, technology and global enterprise for Chrysler.

To U-Shape or Not to U-Shape?

Batch and queue is the hallmark of a mass production system. Parts are processed, moved in large quantities to the next process, wait for their turn, are processed, and moved as a batch to the next process.