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If you look at all the companies that were on the Fortune 500 list in 1990, “a very large percentage of them are not there anymore,” David Brousell, executive director of the Manufacturing Leadership Council, told people attending his talk on “Manufacturing 4.0” at Oracle’s recent Modern Business Experience conference.

On-time delivery (OTD), a measurement of the level of finish goods or services delivered when promised and in full, is a signal of efficiency that reveals how well operations is doing.

Change is hard. Whether it’s learning a new software package or setting up a new model of machine tool, many of us wonder at some point, “Is all this hassle worthwhile?” Change can also be risky, raising the specter of lost time, revenue, and reputation.

Innovation in smart manufacturing can come in a flash from a lightbulb moment, but those instances are few. More often than not, breakthroughs in technology, such as bioprinting, blockchain, cloud-based manufacturing and real-time production control, happen after years of careful study accompanied by painstaking, methodical work done sometimes in academic settings.

Inside an electronics factory in China as late as early 2019, workers and smart machines were building circuit boards with chips in a multi-step process using a variety of machines from different vendors.

Although the first iteration of 5G technology has offered limited use cases in manufacturing, the next two generations, now expected to be available in the fall of this year and then the fall of next year because of COVID-19-related delays, will help factory owners achieve greater digital transformation of their factories.

Dana Inc., the automotive supplier that outfits many of the world’s leading automobile brands with drivetrain components and more, is building something very special in-house.

There is very good technology available today that helps manufacturers solve real problems, but that is not what digital manufacturing is about.

Mastercam, CAD/CAM software developed by CNC Software Inc., has made free training available to those looking to sharpen their skills. From now until June 30, 2020, users can sign up to take a full set of Mastercam core classes on Mastercam University.

CGTech Inc. has announced the latest release of VERICUT software, Version 9.0. VERICUT CNC machine simulation, verification, and optimization software simulates CNC machining, additive, and hybrid manufacturing processes. The software operates independently, but can also be integrated with leading CAM systems.