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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.

In Detroit’s Corktown neighborhood, there’s a structure that symbolizes both the promise and the peril of a new automotive era—the 105-year-old Michigan Central Station. The train station has been empty and decaying for 30 years.

What’s sexy? Try 3D printing, cobots, Yammer, VR, AR, blockchain technology

Named the next phase in the digitization of the manufacturing sector by McKinsey & Company, Industry 4.0 is sweeping through manufacturing—combining connectivity with computational power and data for unparalleled capabilities. Here are three ways Industry 4.0 is forcing manufacturers to rethink one key metric: their lead times.

Ask the owner of any machine shop or sheet-metal house to name the biggest obstacle to company growth and you’re likely to receive the same answer—it’s not a lack of working capital that’s slowing them down, nor a shortage of advanced technology, but something far more basic: the need for someone to push a green button or pack boxes. “We can’t find enough people,” you’ll hear.

The virtualization of business-critical infrastructure is transforming the production and distribution of goods and services throughout the supply chain as industrial organizations shift focus from private to public and, ultimately, hybrid cloud deployments that connect and integrate on-premise resources with cloud resources.

Ask almost any CAD/CAM vendor what they’re focused on and they’ll tell you it’s the same today as it was five years ago, and it’ll be the same in five years: Get the part onto the machine as fast as possible and get it off the machine as fast as possible. Here’s the current state of play in those two main areas.

Manufacturing economics should be “Job One” for any plant manager or owner, and this approach should infuse operations all the way down to the shop floor.

Seco Tools LLC (Troy, MI) hosted a Mold and Die Manufacturers Seminar for metalworking professionals at its headquarters on July 26 in collaboration with hyperMILL (Open Mind Technologies, Needham, MA) and Heidenhain Corp. (Schaumburg, IL).

May U.S. cutting tool consumption totaled $215.13 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT—The Association For Manufacturing Technology.