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At Automate show, blockchain described as ‘World Wide Ledger’

Blockchain, the distributed, encrypted, tamper-evident ledger platform that gave rise to Bitcoin, has birthed a new, foundational market concept to execute business transactions, Karim Lakhani, professor of business administration at Harvard Business School, said as he led a panel talk on blockchain tech for supply chains at Automate 2019.

Doughnut maker sprinkles traceability over operations

Smart technology can turn a food and beverage producer into a predictor rather than a reactor. When it comes to safety, today’s connected metal detectors allow immediate and remote access while enabling suppliers to review and compare operational data.

U.S. Cutting Tool Orders Up 10.2% In October from September

October 2019 U.S. cutting tool consumption totaled $216.1 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was up 10.2 percent from September's $196 million

Toolmakers Respond to New Holemaking Demands

One of mankind’s oldest manufacturing methods—making a hole—is now challenged by rapid advances, including new and harder materials, increased part complexity, ever smaller component parts, and the need for shorter cycle times.