What Will Industry 4.0 Mean for the Manufacturing Industry?
Manufacturers are planning for the current and future digital revolution. According to a survey from Fujitsu, 89% of manufacturing firms are currently planning or testing digitization initiatives. In an article from Manufacturing Global, author Stanley Chia writes, “The questioning of business leaders in 15 countries worldwide also found that digitalization is boosting business, with cited […]
The Explosive Impact of Digitization on the Manufacturing Industry
All phases of the manufacturing industry are being held to a higher standard of efficiency, thanks in part to the digital revolution. From the supply chains to sales representatives, consumers are demanding more. In an article from Global Manufacturing, Dr. Sanjoy Paul writes, “ Across the production, distribution and end-customer phases, [manufacturers] are being driven […]
Key to Closing Manufacturing Skills Gap? Optimistic Millennials
The manufacturing industry is experiencing a skills shortage, with 2 millions jobs expected to go unfilled in the next 10 years. In an article from Advanced Manufacturing, author Vicki Holt writes, “Technology careers are flourishing in manufacturing. Workers are spending more time in front of computer screens and less time around loud machines. And the […]
Digital Transformation for Manufacturing
Using technology to expand your business services has been a recent theme in the business world. For the manufacturing industry, digital transformation opens the gates to numerous possibilities. In an article from Manufacturing.net, author Chuck Rathmann writes, “When thinking of digital transformation, businesses such as Uber and Lyft come to mind, as they harness mobile […]
4 Principles for Manufacturers Adopting Collaborative Robots
The manufacturing industry may have some new employees. An article from Chief Executive explains how collaborative robots are being used to automate small tasks and simple procedures. In the article, author Craig Guillot writes, “A recent study by ABI Research found that 13% of manufacturing companies surveyed have collaborative robot systems in operation, while another […]
Three Ways to Lower Your Manufacturing Costs
Manufacturing costs are usually more expensive than expected. While the bigger companies scale up to increase their production output, some companies do not have the resources or capital. In an article from Forbes, author Liz Long writes, “When you factor in the cost of labor, raw materials, packaging, shipping, and quality control, manufacturing a physical […]
How IoT Can Drive a Productivity Revolution in US Manufacturing
Technology has significantly impacted the United States manufacturing industry. Assembly lines, robotics, and advanced computing have attributed to the revolution of the industry. But there is another form of technology that can help manufacturing – the Internet of Things. In an article from Network World, author Gary Eastwood writes, “The Internet of Things, which has […]
‘Internet of Things’ Can Boost US Manufacturing Might
The “internet of things” (IoT) offers endless potential for manufacturers to connect with new customers and partners. This will ultimately change the way the manufacturing industry operates on a daily basis. In an article from The Hill, author Mark Wheeler writes, “For most, the industrial internet of things will result in a factory that is […]