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When is it best to make your own components?

Most manufacturers have relied on third-party vendors to make parts that are then incorporated into the final product. From automakers sourcing stereos and aircraft makers contracting for jet engines to a small bakery ordering plastic bags or a woodshop buying nails, producers of all types have supplemented their internal capabilities through a painstakingly developed supply chain of external vendors.

Metrology, Product Design and the Next Revolution

When I graduated with an engineering degree some decades ago, I learned that the organizations I was going to work for had internal communication problems. This was especially true for those that designed and manufactured complex machinery such as engines, aircraft, or automobiles.

2030

SME’s Smart Manufacturing Hub will be part of IMTS this year. Smart Manufacturing asked past Hub speakers to imagine what manufacturing will look like in 2030. Here are their visions:

Wanna mitigate cyber risk? Seven precautions to take

Nearly a year ago, the world became aware of a new computer virus known as WannaCry. Many institutions were affected by the ransomware. It encrypted and locked a Microsoft Windows computing system and demanded payment.

AI Enables Smarter Assembly, Superior Products

The next cycle of technology disruption is upon us. Artificial Intelligence (AI) is taking hold in every industry and manufacturing is no exception. AI enables companies—from medical device and electronics manufacturers to pharmaceutical firms—to leverage their Big Data and IoT investments to see new patterns and insights and to perform tasks more efficiently and quickly than ever before.

Savvy systems open door to extreme customization

New systems, software and processes are replacing so-called islands of automation with seamless, automated manufacturing lines that boost overall equipment effectiveness (OEE) from 30 to 80% or more.