Remove 2024 Remove Discrete manufacturing Remove Supply Chain
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Inventory management key to maintaining a competitive edge

Manufacturer's Monthly

Image: /stock.adobe.com For Australia’s discrete manufacturers, inventory management is pivotal in ensuring the smooth operation of production processes, maintaining product quality, and achieving sustainable growth. Efficient inventory management helps manufacturers save resources, cut costs, and avoid disruptions.

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Applications now open for 2024 Canadian Automation Awards! Deadline: October 18

Automation Mag

This is a chance to showcase successful automation implementation within Canadian discrete manufacturing plants! Manufacturers handle multiple challenges on a regular basis – such as labour shortages, supply chain issues, gruelling competition and changing customer demands, among other things.

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Manufacturing, global economy: Mild 2024 recession

Control Engineering

Offset a mile recession in 2024 and depression in 2030 in part with manufacturing automation. Be prepared: Companies have the opportunity to pull ahead and improve automation and efficiency in operations and reduce supply chain bottlenecks. Manufacturing economy insights. Manufacturers need to prepare for 2030.

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Low voltage ac drive unit sales grow thanks to strong Asia market

Control Engineering

Supply chain problems, semiconductor shortages and the war in Ukraine continue to affect global markets. Research from Interact Analysis reveals order backlogs resulting from the COVID-19 pandemic fueled the sector over the year, while most drive manufacturers also reported price increases in 2022. through to 2027.

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Global robot market growth projected to be steady

Control Engineering

Global economic volatility and supply chain disruptions are having a huge impact on the market for industrial robots, which has led to project delays and decreased spending on automation projects. Interact Analysis forecasts that the Chinese market will account for over 60% of industrial robot unit shipments from 2024.

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Application scenarios key to collaborative robot market success

Control Engineering

and European collaborative robot market as a result of inflation and ongoing supply chain disruptions. Interact Analysis forecasts that EMEA will begin to recover in the second half of 2023 and into the first half of 2024, while recovery in the U.S. manufacturing downturn expected in 2024.

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Components in industrial robots market forecasting strong growth

Control Engineering

Prices of key components continue to decline In 2022, price increases for key components in industrial robots were prevalent in all major regions, due to supply chain disruptions, chip shortages, increased raw material prices and inflation.