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The impact of inflation on manufacturers in 2023

Manufacturer's Monthly

Now that 2023 is here, the manufacturing industry must brace for the impact of this inflation. Written by: ECI Solutions’ staff contributors Forecasted to fall by the end of 2023, inflation’s decline will largely depend on domestic inflationary pressure, with wage growth being a significant factor.

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Control costs: How ERP software can help manufacturers save

Manufacturer's Monthly

in 2022 and lingering at above-average levels throughout 2023 and into 2024—continue to pose significant challenges for the manufacturing sector. In a landscape where costs are rising and profits are shrinking, the adoption of Enterprise Resource Planning (ERP) software may be the key to navigating these uncertain times.

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Bay Fastening Systems is Building a Better B2B Marketplace

Fastener News Desk

BayConnect is due to go live in the first quarter of 2023. That includes digital assets like images as well as price, product attribute data and inventory. The only efficient way to onboard product long-term is to do automated connections,” Eichinger says. BaySupply.com provides many other features designed to improve efficiency for sellers.

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Embrace Disruption: The Supply Chain

Fabricating & Metal Work

Where do things stand regarding the state of the supply chain as we enter the summer of 2023? “I In the meantime, supply chain challenges persist, hampering best-laid plans. To be successful, companies must have infrastructure in place, some of the sourcing for materials, and labor located here in the United States, Latona said.

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CINCINNATI INC.: Designed for Operators, Built for Owners

Fabricating & Metal Work

CI’s software suite programs the lasers, schedules jobs for multiple lasers, and takes those orders from the enterprise resource planning (ERP) functions. At FABTECH 2023, visitors to the CINCINNATI booth saw the machine at work with a gas mixing device to support the processing of thicker metals. CINCINNATI INC.:

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Software Technology to Meet Moldmaking Challenges

Mold Making Technology

Photo Credit: Open Mind Technologies USA CAD/CAM Software Suite Optimized for High Moldmaking Productivity Open Mind Technologies introduces its latest hyper Mill 2023 CAD/CAM software suite, which offers users new and enhanced features for powerful and simplified NC programming in applications ranging from 2.5D

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Figure AI unveils BotQ high-volume humanoid manufacturing facility

Robotics Business Review

The floor plan for Figure AI’s BotQ manufacturing facility. Source: Figure AI Humanoid robots have been slowly making their way into the workforce. Since emerging from stealth in January 2023, the company has iterated on its humanoid, tested its robot on a production line, and delivered systems to a paying customer.