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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.

For certain machining applications, off-the-shelf cutters come up short. Here’s how to increase productivity, reduce costs, and improve part quality with a custom cutting tool solution.

According to McNamara, director of sales for Doosan Machine Tools America (Pine Brook, NJ), the most important tools in getting customers to move into five-axis machining are features within the control that make it simple to create, understand and prove out machining programs.

Makers of workholding devices face a moving target. The machine tools they work with are changing. There’s more high-speed machining. More high-feed machining. More multi-axis machines. New uses of coolant to reduce temperatures during cutting operations.

Seco has completed the acquisition of the cutting tool division of Quimmco Centro Tecnológico (QCT), a subsidiary of the Quimmco Group. The cutting tool division acquired from QCT has three locations in Mexico to support customers and is a leading solid-carbide tooling manufacturer, specializing in custom products and reconditioning.

YG-1 has launched the ENMX High-Feed Mill, a new high-feed milling series developed for mold and die, power generation and a variety of applications and materials in general machining markets.

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.