Control Engineering

SEPTEMBER 1, 2023

Virtual twin insights Manufacturers face many challenges including evolving technology, rising costs, shrinking profit margins with sustainability concerns and persistent supply chain instability. Four industry challenges in the automotive industry are particularly prevalent, Braford said: Evolving technology.

Supply Chain 52

Supply Chain Manufacturing Agile manufacturing Automotive 52

E&T

JANUARY 13, 2023

Based on data from the Society of Motor Manufacturers and Traders (SMMT), this could be the result of different factors that are currently affecting the automotive industry, including rising inflation and cost of raw materials. Dominic Tribe is a partner and automotive sector specialist at management consultancy  Vendigital.

Automotive 111

Automotive Agile manufacturing Supply Chain Manufacturing 111

Dinesh Mishra

OCTOBER 11, 2024

For example, the US and Japanese machine tool industries have seen varying levels of demand, which can impact the global supply chain and market dynamics. The market for CNC (Computer Numerical Control) machines is expanding rapidly, driven by the automotive and aerospace sectors.

Industry 4.0 52

Industry 4.0 Industry 4.0 Supply Chain Smart manufacturing 52