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AI in Manufacturing: Transforming Efficiency, Sustainability, and Tomorrow

MEM

Quality Control in Electronics In electronics manufacturing, where minuscule components play a critical role, AI-driven computer vision systems are the new quality control champions. Supply Chain Optimization in Automotive Manufacturing In the automotive manufacturing sector, supply chain efficiency is paramount.

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Manufacturing PMI® at 49.1%; January 2024 Manufacturing ISM® Report On Business®

Fastener News Desk

Among the top six industries by contribution to manufacturing GDP in January, two (Machinery; and Computer & Electronic Products) had a PMI ® at or below 45 percent, one fewer than in the previous month,” says Fiore. Currently, orders are positive in our automotive OEM and automotive aftermarket business.

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Looking at India’s growing role in global manufacturing and its long-term impact

Control Engineering

The Indian government faces a general election next year and used its Union Budget for 2023 , unveiled in February, to demonstrate its support for manufacturing and economic growth, with measures including incentives for Li-ion battery production and electronics manufacturing. overall in terms of India’s total manufacturing output.

Apparel 52
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Manufacturing PMI® at 46.3%; March 2023 Manufacturing ISM® Report On Business®

Fastener News Desk

Lead times have stabilized in most areas, so looking at reducing commitments on new orders, except for a few strategic electronic buys with lead times that are still too long.” ” [Computer & Electronic Products] “Sales a bit down, and budgets being cut with a greater emphasis on savings.”

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AM Medical Summit, Powered by ASME, Co-locates withAdvanced Manufacturing Minneapolis, November 2-3

Additive Manufacturing

About Metrix, An ASME Company Metrix is an integrated events and content platform for engineers and technical professionals focused on digital transformation in industries from aerospace and automotive to energy, medical, and more. million name database to connect suppliers with buyers and purchase influencers.

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Manufacturing PMI® at 47.1%; April 2023 Manufacturing ISM® Report On Business®

Fastener News Desk

The five manufacturing industries that reported growth in April are: Printing & Related Support Activities; Apparel, Leather & Allied Products; Petroleum & Coal Products; Fabricated Metal Products; and Transportation Equipment. Lead times are generally coming down, although electronic components are still a concern.”

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Manufacturing PMI® at 47.6%; August 2023 Manufacturing ISM® Report On Business®

Fastener News Desk

” [Computer & Electronic Products] “Demand still weak. ” [Plastics & Rubber Products] “Automotive volume remains strong in preparation for the United Auto Workers’ potential strike at Ford, General Motors and Stellantis. Backlog is dwindling, but still showing robust revenue.”