Remove Apparel Remove Automotive Remove Electronics Remove Sourcing
article thumbnail

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.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Manufacturing PMI® at 49%; September 2023 Manufacturing ISM® Report On Business®

Fastener News Desk

” [Computer & Electronic Products] “We need to coordinate very closely with suppliers in order to yield a more cost-competitive offer. China relations, and the impact the UAW (United Auto Workers) strike could have on suppliers of ours who support automotive production. But overall conditions feel stable.”

article thumbnail

Manufacturing PMI® at 46.7%; November 2023 Manufacturing ISM® Report On Business®

Fastener News Desk

” [Computer & Electronic Products] “Starting to feel softening in the economy, with labor still a challenge to backfill critical roles. ” [Machinery] “Automotive sales still impacted by UAW strike. The 2024 forecast looks challenging, specially from a cost perspective.”