The same is true of technologies that enable the manufacture of materials or components that increase recycling and recyclability. According to a recent Forbes report, U.S. manufacturing has rebounded since the Great Recession, with a gain of 1.1 million jobs over the last eight years. It's important that you can keep up to compete! Leadership. April 10, 2019. But are manufacturers taking full advantage of these technological advances? The Internet of... Why Industry 4.0 will drive manufacturing in 2020... A study was done at the end of last year that looked into Industry 4.0 and productivity in manufacturing. The Power of Baselining Manufacturing Data Before... Industrial Automation: How it Works, Types of Automation,... 3 Ways Contract Manufacturers Use IoT to Boost... 8 Wastes of Lean Manufacturing | MachineMetrics. Tweet. The RIA predicts cobot sales will reach $34 billion by 2026 as more and more manufacturers take advantage of this technology. Advancements in additive manufacturing can help SMMs reduce energy costs, limit waste, and boost production. Though automation is increasing, there is still a skills gap that needs to be addressed. That means that multiple departments working together will be imperative for you to reach your goals! Last year, NIST MEP partnered with another program at the National Institute of Standards and Technology (NIST), the Measurement Science for Additive Manufacturing (MSAM) Program, to delve into the pros and cons of additive manufacturing. The article suggests manufacturers should establish long-term and short-term goals for business growth, set margins to measure that growth, and only then determine what type of machines and technology they need to reach those goals. Manufacturing Innovation, the blog of the Manufacturing Extension Partnership (MEP), is a resource for manufacturers, industry experts and the public on key U.S. manufacturing topics. The surprise was the growth of digital job content among shop floor workers between 2002 and 2016. Digital twin engineers, who manage communication networks between the physical and digital worlds throughout the manufacturing value chain, are also expected to be in high demand, according to the Deloitte and The Manufacturing Institute study. Emerging Industry 4.0 Technologies With... What Is Industry 4.0 Technology? Manufacturers who have partnered with MEP Centers are already testing prototypes with promising early developments. Taking a look into the biggest digital transformation trends in manufacturing for the year 2020 including IoT, 5G, Predictive Analytics and more. Lines and paragraphs break automatically. ) or https:// means you've safely connected to the .gov website. Supply Chain Takeaways from the M&T Conference. Webmaster | Contact Us | Our Other Offices, Over the past few years, I have written more than a few blogs and papers looking at manufacturing productivity across the 50 states. However, that uncertainty can lead to negativity and anxiety very quickly and that is something you want to avoid as a leader. If you have any questions about our blog, please contact us at email@example.com. New technologies are revolutionizing manufacturing… A better phrase to describe this would be "work smarter, not harder." They are … Artificial Intelligence (AI) AI is already significantly impacting the way customers interact with … While 2019 promises to be an interesting year in manufacturing, all of the topics above represent facets of the larger dynamics that will shape manufacturing in the decades to come. According to a report by the McKinsey Global Institute, U.S. manufacturers could boost their overall value by 20 percent — up to $530 billion — by 2025. Steady industry growth was a trend for manufacturers in 2018. Though this type of employee is likely to be a rare find due to the ongoing shortage of tech-savvy talent, companies like Hitachi Solutions are producing easy-to-use technology that will create new opportunities for employees of all backgrounds. For instance, computer numerical control (CNC) machine advances are boosting output and efficiency metrics, leveling the productivity playing field for small and medium-sized manufacturers (SMMs). Technology advances offer numerous opportunities for the future of workforce development. A .gov website belongs to an official government organization in the United States. COVID-19 has changed the world — and the manufacturing … Steady industry growth was a trend for manufacturers in 2018.
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