Remove 2023 Remove Lead Time Remove Manufacturing
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Metalformers Predict Modest Improvement Heading into 2023

Fabricating & Metal Work

Metalforming companies anticipate a slight uptick in business conditions heading into 2023, according to the December 2022 Precision Metalforming Association (PMA) Business Conditions Report. Lead times continued to drop in December, with only 9% of metalforming companies reporting an increase in lead times (compared to 11% in November).

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Why 2023 promises great expectations in a value-driven EV market

E&T

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. Due to the current cost of battery manufacturing, many EVs cost more than a comparable ICE vehicle.

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PMI Industries moves larger facility

Design World

a global leader in engineered solutions for underwater marine cable connectors and subsea cable terminations, moves to a new, state-of-the-art facility in January 2023. PMI Industries, Inc., We are excited… The post PMI Industries moves larger facility appeared first on Design World.

Lead Time 130
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MoldMaking Technology's Most-Viewed Case Studies of 2023

Mold Making Technology

The results: The impact and benefits achieved by implementing the solution, including quantifiable metrics like cost savings, reduced lead times, improved quality, etc. Take a look at our most-viewed case studies from 2023 — perhaps one of these problems may resonate with your own shop: 5. Read the full article.

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Automotive Chip Shortage Likely to Persist Through 2023 and Beyond

Seeburger

Even leading automotive manufacturers are quoting lead times of 15-18 months for […]. However, there are no signs of this easing up soon. The PlayStation 5, for which stocks were already low at Christmas 2021, is still suffering shortages.

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UK manufacturers report steep fall in output

E&T

The survey, which was based on the responses of 220 manufacturing firms, also found that selling price inflation is expected to accelerate slightly in the next three months although below the record high reached earlier this year. Compared to previous years, companies faced tougher conditions in 2022 in both domestic and export markets.

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Three motion control trends for 2023

Control Engineering

While it may be too early to say we are living in a true “post-pandemic world,” most manufacturers have turned an important corner. It’s impossible to look at any aspect of manufacturing without addressing the elephant in the room: Pandemic-induced supply chain issues continue to impact almost every industry.