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By Clare Scott A supplychain crisis has been affecting the world in recent years, particularly since the COVID-19 pandemic. This has taken the form of long leadtimes, as well as stalling of production when parts needed for manufacturing fail. The nature of AM can shorten leadtimes, too. Industry 4.0
But this will require continued investment from manufacturers, and growing profitably will require careful management from business leaders. Supplychain vulnerabilities have been thrust into the spotlight by the COVID-19 pandemic. This has prompted businesses to reassess their supplychain strategies.
The report demonstrates that the future of the British engineering sector hinges on how effectively we can address the growing skills shortages, invest in supercomputing facilities, integrate emerging technologies like AI and adapt to supplychain disruptions.
Manufacturing is a global industry. Even at a time when companies are rethinking global supplychains, seeing the techniques of manufacturers and manufacturing technology from around the world can spark ideas for how to increase productivity, which is crucial to develop the capacity needed for reshoring.
More specifically, the companies anticipate the partnership will allow for the following: Expansion of Precision ADM’s Advanced DigitalManufacturing (ADM ) proprietary set of processes, which has reportedly produced millions of additive manufactured implants and instruments in the medical market.
Mold in a Day Technology Slashes Tool Production, Eliminates SupplyChain Headache. Photo Credit: Next Chapter Manufacturing. Next Chapter Manufacturing highlights its transformative “ Mold in a Day ” (MIAD) technology to accelerate the injection molding process, meeting the challenge of supplychain disruptions.
IMTS has always been an evolving show,” says Peter Eelman, Chief Experience Officer for AMT – The Association of Manufacturing Technology, and the longtime organizer of IMTS. ” Apollo is an AI-powered robot introduced by Apptronik in August 2023 and designed to addresses labor challenges in manufacturing.
The SAEKI team with its on-demand additive manufacturing robot. Source: SAEKI Global supplychains are under increasing pressure, and manufacturing costs continue to rise. SAEKI, a manufacturing automation business, announced a $6.7M funding round to tackle these challenges with its digitalmanufacturing approach.
With global supplychains facing mounting pressures and costs continuing to rise, manufacturing is at a critical juncture. Industries like aerospace, automotive, and construction face long leadtimes and high costs for large-format components, relying heavily on fragmented supplychains and labor-intensive processes.
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