Tue.Nov 19, 2024

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Actual Costing Guide for Manufacturers

MRPEasy

Actual costing, or keeping track of your actual costs, is vital for ensuring profitability, especially in industries where production costs fluctuate. Here is how and why to implement actual costing in your company. What is actual costing? Actual costing is a specific cost accounting method that precisely records real costs incurred during production, including direct […] The post Actual Costing Guide for Manufacturers appeared first on Blog for Manufacturers and Distributors.

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ServiceNow to Acquire Mission Secure to Enhance OT Asset Visibility

Gary Mintchell

I once sold a program to a customer that promised to track and maintain an inventory of one vendor’s technology assets in the plant. The president of another company explained to me about 10 years later about the company’s development of a technology asset discovery and tracking system that had done the program I had sold a quantum leap better. Obviously, technology asset tracking is a customer need.

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Practical guidance for Australian manufacturers entering the US market

Manufacturer's Monthly

Image: Quality Stock Arts/stock.adobe.com As Australia’s global reputation for manufacturing continues to grow and with the relationship between Australia and the US being consolidated through political ties such as AUKUS, we are increasingly seeing Australian Manufacturers looking to enter the US market. Author – Ross Dixon, RSM Venturing into the US market presents a wealth of opportunities for Australian manufacturers, but it requires meticulous planning and a nuanced understanding of s

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Unlocking Model-Based Enterprise Success with a Tiger Team Approach

iBASEt

Transitioning to a Model-Based Enterprise (MBE) can feel overwhelming, especially in complex industries like aerospace and defense (A&D). MBE shifts traditional, segmented manufacturing into a unified, data-driven approach that boosts precision and efficiency. However, for MBE to thrive, teams must become and remain aligned, and departments must avoid slipping into siloed practices.

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The Supply Chain in 2025: What to Expect

In 2025, the Supply Chain continues its evolution toward “Logistics 4.0,” inspired by Industry 4.0. Two major characteristics define this transformation: automation, driven by robotic solutions, and prediction, paving the way for an era of planning and simulation powered by Artificial Intelligence (AI).

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Build of first of 25 X’Trapolis 2.0 trains completed in VIC

Manufacturer's Monthly

Image: Victorian Government Minister for Public and Active Transport Gabrielle Williams has announced that the first of 25 X’Trapolis 2.0 trains has been built as part of a $986 million Victorian Government investment. The new trains have nearly 10 per cent more capacity than the Comeng fleet, accommodating around 1,225 people, and have dedicated wheelchair spaces and mixed-use spaces for prams and bicycles.

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Parker Gen IV DFplus Hydraulic Valves Use New Chipset for Data Processing

Control.com

Generation IV voice coil drives with proportional control, improved data handling, and LED status indicator are now available from Parker.

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steute Releases Explosion-Proof Solenoid Interlocks for Extreme Conditions

Control.com

The new solenoid-controlled interlocks for harsh environments are the latest addition to steute’s series of explosive-proof compact interlocks released earlier this year.

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ANELLO Photonics secures funding for inertial navigation in GPS-denied environments

Robotics Business Review

ANELLO offers an evaluation kit for its navigation and positioning system. Source: ANELLO Photonics Self-driving vehicles, mobile robots, and drones need multiple sensors for safe and reliable operation, but the cost and bulk of those sensors have posed challenges for developers and manufacturers. ANELLO Photonics Inc. yesterday said it has closed its Series B funding round for its SiPhOG inertial navigation system, or INS. “This investment not only validates our SiPhOG technology and prod

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QLD manufacturing set to receive major new boost

Manufacturer's Monthly

Image: Quality Stock Arts/stock.adobe.com The Queensland Government is set to boost home-grown manufacturing and attract new business to the state with an expansion of the Made in Queensland program. The expansion will deliver an additional $5 million in manufacturing grants to expand advanced manufacturing across the State. Minister for Manufacturing, Dale Last, visited Manuplex, PHL Metal Fabrication, and the Rockhampton Manufacturing Hub, to make the announcement.

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Five Fundamental Truths: How B2B Winners Keep Growing

Fastener News Desk

Unlock new growth opportunities in the industrial B2B sector by embracing business transformation. The McKinsey B2B Pulse 2024 Survey highlights that top-performing companies invest in omnichannel sales strategies, achieving up to 70% higher market share growth across all regions and sectors. This blog explores why experimentation, digital commitment, and customer-centric investments are non-negotiable for distributors seeking long-term success.

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The 2nd Generation of Innovation Management: A Survival Guide

Speaker: Chris Townsend, VP of Product Marketing, Wellspring

Over the past decade, companies have embraced innovation with enthusiasm—Chief Innovation Officers have been hired, and in-house incubators, accelerators, and co-creation labs have been launched. CEOs have spoken with passion about “making everyone an innovator” and the need “to disrupt our own business.” But after years of experimentation, senior leaders are asking: Is this still just an experiment, or are we in it for the long haul?

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Company to manufacturer first AUS Bi-directional EV chargers

Manufacturer's Monthly

Image: tongpatong/stock.adobe.com Australian-made energy storage solutions provider, RedEarth Energy Storage, has announced that it has entered into a partnership agreement with ambibox, to produce a V2G bi-directional Electric Vehicle (EV) chargers for Australia and New Zealand customers. The EV chargers are set to be manufactured out of RedEarth’s facility in Darra, Queensland.

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Taiwan Chip Giant TSMC Sued for Alleged Discrimination

Industry Week

The 13 U.S.-based plaintiffs say the Taiwanese semiconductor company is unfairly biased in favor of Asian employees.

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Metalworking Contraction Slows Slightly in October

Modern Machine Shop

The Gardner Business Index (GBI) is an indicator of the current state of metalworking activity survey responses regarding new orders, production, backlog, employment, exports and supplier deliveries. Over 50 is expansion. Under 50 is contraction. Source: Gardner Intelligence The October GBI shows the metalworking market is still contracting overall, but slower than the previous month.

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Now available: Tenth edition of The Lee Company Technical Fluid Control Handbook for Health & Science

Design World

The Lee Company has just released the tenth Edition Technical Fluid Control Handbook for Health & Science. This handbook contains detailed technical information about a wide variety of Lee products, including solenoid valves, pumps, manifolds, and other precision fluid control components used in medical and scientific instrumentation and diagnostic applications.

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15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

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Reducing Help Desk Tickets With Cisco’s User Protection Suite

Cisco Smart Manufacturing

Learn how Cisco’s User Protection Suite tools enable users to quickly and securely get to work.

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Global semiconductor mfg. industry shows growth in Q3: SEMI report

Canadian Manufacturing

Global Semiconductor Manufacturing Industry Records Strong Growth in Q3 2024, SEMI Reports (PRNewsfoto/SEMI) MILPITAS — The global semiconductor manufacturing industry in the third quarter of 2024 reportedly showed strong momentum with all key industry indicators performing positive quarter-on-quarter (QoQ) increases for the first time in two years, SEMI announced in its Q3 2024 publication of the Semiconductor Manufacturing Monitor (SMM) Report , prepared in partnership with TechInsights.

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Identity-centric SASE with Cisco SD-WAN and Microsoft’s Security Service Edge Solution

Cisco Smart Manufacturing

Explore how Cisco Catalyst SD-WAN and Microsoft's SSE integration enhance security, performance, and management for hybrid work. Discover seamless solutions for modern networking challenges and enjoy your first year free!

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PyroGenesis sings energy transition contract with a steel manufacturers

Canadian Manufacturing

MONTREAL — PyroGenesis signs a contract with a steelmaker to assess the applicability of PyroGenesis’ electric plasma torches for use in part of the customer’s electric arc furnace (EAF) steelmaking and casting process. The client’s name (Client C) is not disclosed for competitive and confidentiality reasons. As outlined in its recent third quarter financial results, PyroGenesis has been working with Client C over the past few years on various initiatives related to using plasma in decarbonizati

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The Future of Manufacturing: Behind-the-Scene Insights from the IMTS Conference

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Graphene Gives PET Bottles a Lightweighting Boost and More

Plastics Today

HydroGraph Clean Power targets three segments of the plastics supply chain for fractal graphene nanotechnology while developing the tech for other polymers.

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Kemppi innovates automation with cobot and robot solutions and WeldEye software

Manufacturer's Monthly

A closeup of Kemppi’s cobot ready welding machines. Images: Kemppi Kemppi drives welding innovation with cobot and robot solutions and WeldEye, an Industry 4.0-ready software that empowers manufacturers to optimise their processes and boost efficiency. Kemppi is a Finnish company renowned for its pioneering role in arc welding technology, providing advanced welding equipment, digital solutions, and services.

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What Is a Production Cycle and How to Streamline It?

MRPEasy

The production cycle is the engine behind every manufacturing business. Each stage in this cycle is crucial for maintaining efficiency. But how do you manage all these moving parts effectively? In this article, we’ll break down what a production cycle is, explore its key components, and share strategies for improving efficiency. What is a production […] The post What Is a Production Cycle and How to Streamline It?

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Mike Bristow appointed Unipart Logistics UK Managing Director

Manufacturing Management

Unipart has announced Mike Bristow has joined Unipart Logistics as its new UK Managing Director.

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CNC Design Guide: Enhance Machining for Precision, Efficiency, and Cost Reduction

Unlock the full potential of CNC machining with our comprehensive design guide. Learn how to optimize your designs for precision, efficiency, and cost savings. Gain key insights on part complexity, tolerances, materials, finishes, and much more. Whether you’re developing prototypes or production parts, our guide offers practical tips to streamline your process and ensure high-quality results.

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The 5 Make-or-Break Truths About Next-Gen eCommerce for B2B Industrial Distributors

Fastener News Desk

In the rapidly evolving B2B industrial distribution landscape, eCommerce is no longer just an option—it’s a necessity. With customer expectations mirroring the seamless, intuitive experiences of B2C platforms, distributors must embrace next-generation eCommerce to remain competitive. But not all eCommerce strategies are created equal. McKinsey’s Power Forward report highlights five pivotal truths that can define success or failure in this space.

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Innovate UK Women in Innovation Award Purple Plaque unveiled by Oxford Engineering Alumna

Manufacturing Management

Dr Katerina Spranger, a pioneering biomedical engineer and entrepreneur, has been honoured with a Purple Plaque in recognition of a prestigious Innovate UK Women in Innovation Award.

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Vention announces the appointment of three new executives

Canadian Manufacturing

Vention announces new leadership appointments (CNW Group/Vention Inc.) MONTREAL — Vention announced the appointment of three new executives as it continues to try and grow its market share in industrial automation based on the strength of its business model. Brendan Sterne joins Vention as Chief Product Officer. Formerly Chief Product Officer of Xometry and a former General Manager at Indeed.com, Sterne has experience in delivering commercial software solutions to B2B and B2C consumers.

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Versinetic Launches LinkRay Partner Programme

Manufacturing Management

Versinetic, an electric vehicle (EV) chargepoint solutions provider, is launching its global LinkRay Distribution Partner Programme at the London EV show.

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How to Drive Cost Savings, Efficiency Gains, and Sustainability Wins with MES

Speaker: Nikhil Joshi, Founder & President of Snic Solutions

Is your manufacturing operation reaching its efficiency potential? A Manufacturing Execution System (MES) could be the game-changer, helping you reduce waste, cut costs, and lower your carbon footprint. Join Nikhil Joshi, Founder & President of Snic Solutions, in this value-packed webinar as he breaks down how MES can drive operational excellence and sustainability.

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POSITAL boosts resolution of IXARC incremental rotary encoders

Motion Control Tips

POSITAL has enhanced its IXARC family of incremental magnetic encoders, increasing the maximum resolution to 32,768 pulses per revolution (PPR). This upgrade includes new phasing options, offering a choice of wider index (Z) pulses, making it easier to replicate the features of older encoders – an important feature for the Maintenance, Repair, and Operations (MRO) […] The post POSITAL boosts resolution of IXARC incremental rotary encoders appeared first on Motion Control Tips.

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Make UK launches Industrial Strategy Skills Commission

Manufacturing Management

Make UK launches the Industrial Strategy Skills Commission to find a solution to the growing skills deficit in manufacturing and engineering across the country.

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Does a Reusable Pharmacy Vial Make Sense?

Plastics Today

New ANSI standards will guide the logistics challenges of collecting, washing, and redistributing primary packaging containers. Food and beverages are contenders, but pharmacies could benefit too.

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Recent Innovations in Mold Components and Hot Runners

Mold Making Technology

Source (Clockwise) | Hasco Ameria Inc., Mastip Inc., Progressive Components, DME Company Are you looking for your next product or technology to level up your mold shop? MoldMaking Technology simplifies the steps to finding your shop’s next innovation with a curated product roundup and robust supplier list. Peruse our most recent technology roundup highlighting hot runners and mold components to find the right supplier and equipment tailored to your moldmaking needs.

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How To Select the Right Software for Innovation Management

Finding the right innovation management software is like picking a racing bike—it's essential to consider your unique needs rather than just flashy features. This oversight can stall your innovation efforts. Download now to explore key considerations for success!