Thu.Dec 05, 2024

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12 Tips for Improving Inventory Management Efficiency

MRPEasy

With the right tactics, inventory management can help reduce waste and greatly improve the overall efficiency of your operation. In this week’s post, we look at 12 tips to improve your inventory management efficiency. The importance of efficient inventory management Efficient inventory management is the backbone of a well-functioning production or distribution operation.

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AMP Robotics raises $91M to accelerate deployment of recycling systems

Robotics Business Review

AMP ONE is designed to capture billions of dollars in value otherwise lost to landfills or incineration annually. Source: AMP Robotics AMP Robotics Corp. today said it has has raised $91 million in corporate equity in a Series D financing. The Louisville, Colo.-based company plans to use its latest funding to accelerate deployment of its AMP ONE systems, which uses artificial intelligence and robotics to sort municipal solid waste, or MSW.

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Diamond battery able to power devices for thousands of years unveiled

E&T

Scientists and engineers from the UK Atomic Energy Authority (UKAEA) and the University of Bristol have teamed up to create the world’s first carbon-14 diamond battery.

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$1 million to support South Australian manufacturers in tech adoption

Manufacturer's Monthly

Image: moodboard/stock.adobe.com A new grant program is available to support South Australian manufacturers adopt advanced technologies, helping the sector to develop new products and lift productivity. The $1 million Manufacturing Technology Adoption is set to support grants of up to $50,000. Funding is awarded on a competitive basis with businesses required to match each dollar invested.

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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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Vodafone and Three given approval to merge – but only if 5G commitments are met

E&T

Mobile networks Vodafone and Three have been given the go-ahead to proceed with a merger on the understanding that the firms sign binding commitments to invest billions in rolling out enhanced 5G infrastructure across the UK.

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Autonics Updates Sensor and Stop Button Offerings to Improve Safety.

Control.com

Two new automation products are now available: one geared towards sensing and one towards safety.

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Rockwell Automation and Microsoft Unite to Advance Industrial Manufacturing

Control.com

Rockwell Automation and Microsoft Corp. build upon their collaborative journey with their latest partnership initiative, bringing Azure IoT Operations and FactoryTalk Optix together to evolve the industrial landscape.

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Nato to create fleet of marine drones to protect coastlines and underwater infrastructure

E&T

Nato has revealed that it will develop its own fleet of unmanned surface vessels (USV) to patrol the coastal waters of member states and protect undersea cables across the Baltic and Mediterranean seas.

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Local WA start-ups supercharged by $45 million funding

Manufacturer's Monthly

Image: oneinchpunch/stock.adobe.com Seven venture capital firms will be supported to invest in local WA start-ups, thanks to a $45 million commitment from the State Government’s WA Venture Capital initiative. The partnership will see the chosen firms invest a total of $150 million back into the WA innovation ecosystem, supporting local start-ups to scale up and create local jobs.

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Van market posts second best-ever November but EVs and pick-ups need support to keep pace

SMMT

Light commercial vehicle registrations rise 10.5% in second best November on record. Uptake of all van classes rises but pick-up demand continues to decline. Electric van volumes grow by a third but review of market regulation urgently needed as annual market share retreats further from 10% target. SEE LCV REGISTRATIONS BY BRAND DOWNLOAD PRESS RELEASE AND DATA TABLE The new light commercial vehicle (LCV) market recorded its fourth consecutive month of growth as registrations rose by 10.5% in Nov

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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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$8.2 million repeat European contract awarded to DroneShield

Manufacturer's Monthly

Image: DroneShield DroneShield has received a repeat standalone contract of $8.2 million from a major European military customer for dismounted and vehicle-mounted systems Counter-UxS systems. DroneShield expects to deliver over the next 3 months, including from available stock with full cash payment expected in 1Q2025. While this is the first material contract from this customer, DroneShield has previously received 3 standalone contracts from this customer between March 2024 and October 2024 to

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MTC publishes RAAC playbook

Manufacturing Management

The Manufacturing Technology Centre (MTC) has published a new playbook containing a collection of the best available knowledge and learnings to tackle RAAC (Reinforced Autoclaved Aerated Concrete).

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New natural gas projects threaten global climate goals with massive emissions – report

E&T

Efforts to stymie the pace of climate change are under threat from an explosion in the number of new liquified natural gas (LNG) export terminals, which have received $213bn (£167bn) of funding in recent years.

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SYSPRO Extends Global Footprint with Strategic Acquisition of UK-Based NexSys

Manufacturing Management

SYSPRO, a global software provider for the manufacturing and distribution industries, announced that it has entered into a definitive agreement to acquire long-standing partner, NexSys, a specialist provider of digital manufacturing and distribution software in the UK, and part of Alternative Investment Market (AIM) listed K3 Business Technology Group Plc

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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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Technology set to ‘extend’ manufacturing capabilities

Manufacturer's Monthly

Augmented Reality uses transparent screens to overlay digital data, maintaining natural user vision. Image: Poobest/stock.adobe.com ABI research director Eric Abbruzzese spoke to Manufacturers Monthly about the rising adoption of Extended Reality (XR) technology among manufacturers. Described as an all-encompassing term for Augmented Reality (AR) and Virtual Reality (VR), XR technologies are becoming a source of value among many manufacturers.

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GreyOrange Named a Sample Vendor in Gartner® Hype Cycle™ for Retail Technologies 2024

Manufacturing Tomorrow

Gartner recognizes GreyOrange in "Item-Level RFID in the Store" research for gStore, its Retail Software as a Service (SaaS) inventory management and store execution platform, which delivers 98% inventory accuracy

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Drev and Kollmorgen to develop ‘groundbreaking’ AGV with integrated contamination control technology

Robotics Automation News

As gigafactories and recycling plants scale to meet rising demands, the need for innovative solutions that address both safety and efficiency continues to grow. To meet this demand, Drev and Kollmorgen Autonomous Mobile Solutions have agreed to jointly develop “a groundbreaking Automated Guided Vehicle with integrated contamination control technology”.

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AtomVie Global Radiopharma names Dr. Pratibhash Chattopadhyay as Chief Business Officer

Canadian Manufacturing

Dr. Pratibhash (Bosh) Chattopadhyay: Chief Business Officer at AtomVie (CNW Group/AtomVie Global Radiopharma Inc.) HAMILTON — AtomVie Global Radiopharma (AtomVie), a radiopharmaceutical CDMO, announces the appointment of Dr. Pratibhash (Bosh) Chattopadhyay as Chief Business Officer. Dr. Chattopadhyay brings commercial and technical experience in the life sciences, having led numerous commercialization initiatives for technologies in oncology.

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

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Exotec expands pharmaceutical sector portfolio through partnerships with Hygie31 and Hartmann

Robotics Automation News

Exotec, a provider of warehouse automation and robotics solutions, has agreed partnerships with two new organisations in the pharmaceutical sector: Hygie31 and Hartmann Group. Both companies will adopt Exotec’s Skypod robotic system to automate warehouse processes and increase efficiency.

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Further growth in the South of UK; new Sales Specialist joins Minebea Intec to meet growing demand

i4.0 today

Minebea Intec, one of the World’s leading manufacturers of weighing and inspection technologies is responding to growing customer demand for its‘ inspection products, particularly in the South of UK. The Minebea Intec UK team have experienced a large increase in requests for inline inspection projects with the expansion of the product range and the launch of the new generation of checkweigher.

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Locus Robotics and Geodis celebrate ‘10 million units picked’ at US distribution facility

Robotics Automation News

Locus Robotics, a warehouse automation company, working with its customer, Geodis, a global logistics provider, has surpassed 10 million units picked using Locus’s warehouse automation solution at its Carlisle, Pennsylvania, distribution center.

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Blocks Introduces the RF50: The Next-Generation 3D Printer for Precision, High-Speed, and Performance

i4.0 today

Blocks is thrilled to announce the launch of its latest 3D printer, the Blocks RF50, a state-of-the-art device designed to transform production in the realms of engineering, and specialized manufacturing. Developed to offer unprecedented precision and performance, Blocks RF50 is set to redefine standards in big volume, high-resolution, and high-speed 3D printing.

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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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Mobile robot shipments set to grow from 547,000 to 2.8 million by 2030, says report

Robotics Automation News

Mobile robot shipments will remain the highest across all robot form factors. ABI Research, a technology intelligence firm, forecasts shipments to grow from 547,000 units in 2023 to 2.79 million by 2030, a compound annual growth rate of 24.1 percent.

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Automated Palletiser – Granta Automation

Granta Automation

In the ever-evolving landscape of manufacturing and logistics, the demand for efficiency, precision, and adaptability has never been greater. Whether you need a high-speed palletising system for stacking large volumes, a compact palletiser for tight spaces, or a collaborative robot … Continue reading → The post Automated Palletiser – Granta Automation first appeared on Granta Automation.

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Virginia Tech innovates underwater robotics with support from the Office of Naval Research

Robotics Automation News

It’s been said that we know more about the surface of the moon than the floor of Earth’s oceans. For more than two decades, Virginia Tech’s Center for Marine Autonomy and Robotics has been developing robots that can find what lies beneath the sea surface with the support of the Office of Naval Research.

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Nano Dimension Unveils Groundbreaking New Resin for DLP 3D Printers at Formnext 2024

Manufacturing Tomorrow

Ataru™ Resin Offers Exceptional High Temperature Tolerance, Durability and Resilience, While Possessing Low-Loss Dielectric Properties

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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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POET Technologies appoints new director

Canadian Manufacturing

TORONTO — POET Technologies expands its company’s BoD to six members with the appointment of Bob Tirva as director and member of the audit committee. Tirva’s appointment will be effective December 5, 2024 and, along with the incumbent five directors of the company, he will serve until the next annual meeting of shareholders of the company or until his successor is appointed.

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Sojo Industries Signs Strategic Collaboration Deal with Molex

Manufacturing Tomorrow

Introducing Sojo Seal™ - Industry's First Single-Use GPS Tracking Device

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Paessler PRTG Data Hub enables seamless collaboration between IT and security while cutting costs

i4.0 today

Paessler proudly presents its latest PRTG extension: Paessler PRTG Data Hub enables IT professionals and their organisations to reduce costs, optimise network traffic, and streamline compliance management. By enabling IT professionals to filter and forward log data intelligently, it ensures seamless collaboration across ITOps, DevOps, SRE, and SecOps teams while addressing evolving regulatory demands.

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AI-Powered Automation: ONERugged's Smart Factory Revolutionizes Rugged Computer Manufacturing

Manufacturing Tomorrow

ONERugged's smart factory leverages AI-driven automation and advanced manufacturing technologies, leading the way in smart manufacturing

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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!