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Combined with AI, IoT, Blockchain Can Meet Many Supply Chain Challenges

Blockchain technology is becoming a key player in modernizing supply chains to enable easy tracking, automate transactions and delivery, and build end-to-end trust, Chandra Narayanaswami, principal research staff member, Member IBM Academy of Technology at IBM Research, told people attending a smart manufacturing session at the MD&M West conference here last week.

Prima Power Announces Official Opening of New Manufacturing Plant in Finland

Metalworking technology manufacturer Prima Power (Turin, Italy; Arlington Heights, Ill.) announced the opening of a new site in Seinäjoki, Finland. Finn-Power Oy—the company of Prima Industrie Group manufacturing Prima Power turret punch presses, combined machines, and systems—relocated its manufacturing plant and Tech Center previously sited in Kauhava into a new facility in Seinäjoki.

What to Do About Spare Part Supply Issues for Aging Assets

Aging assets have long been the culprits behind common supply chain disruptions like unexpected downtime and production delays. They can have a direct impact on revenues and service levels, and the older they get, the more costly the risks they pose are.

Meticulous Recordkeeping Doesn’t Have to Be Painful

The requirements for FDA 21 CFR Part 11 are in place for a good reason: When companies are making a part that goes inside your body, the engineering and manufacturing process must be meticulously documented, tested and controlled. People’s lives are at stake.

Energy Storage Systems Can Help Calm Sea of Uncertainty

Energy markets across the world are changing rapidly with the increase of renewables and the change to a more distributed energy network. Energy storage is key. The capabilities of large-scale batteries have expanded, allowing users to capture more value and create a powerful tool to manage energy needs.

Digital Tool Management: Multiple Concepts Begin to Converge

The focus on digitalization in design and machining has highlighted the importance and advantages of more sophisticated digital tool management (DTM) systems. While this has generated a great degree of differentiation, and some confusion regarding a generally accepted system definition, it has resulted in the evolution of objectives and capabilities that are both more comprehensive and more customer-centric.

On-Premises or the Cloud: Which Makes More Sense?

So you have finally decided to start your digital transformation. You have seen the benefits around digitizing your operations. By connecting your disparate systems, you can start seeing what is actually happening in your plant and become more efficient. And not just in one plant, but in multiple plants.