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6 new technology projects get ARM Institute funding

Robotics Business Review

Source: ARM Institute The Advanced Robotics for Manufacturing, or ARM, Institute today selected six new technology projects for funding. Automated T-shirt assembly system Apparel manufacturing is an industry ripe for automation, making it a strategic focus for the ARM Institute. is leading this project as the principal investigator.

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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. From sourcing raw materials to delivering finished vehicles, AI-driven algorithms work tirelessly.

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Manufacturing PMI® at 47.4%; January 2023 Manufacturing ISM® Report On Business®

Fastener News Desk

“New order rates remain depressed due to buyer and supplier disagreements regarding price levels and delivery lead times; these should be resolved by the second quarter. WHAT RESPONDENTS ARE SAYING “Business is still strong, but we have begun to see softening in some pricing, and lead times seem to be improving.”

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Manufacturing PMI® at 52.8%; July 2022 Manufacturing ISM® Report On Business®

Fastener News Desk

New Orders and Employment Contracting; Production and Backlogs Growing; Supplier Deliveries Slowing at a Slower Rate; Raw Materials Inventories Growing; Customers’ Inventories Too Low; Prices Increasing at a Slower Rate; Exports and Imports Growing; Record-Long Lead Times for Production Materials and MRO Supplies.

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Manufacturing PMI® at 48.4%; December 2022 Manufacturing ISM® Report On Business®

Fastener News Desk

Average lead time remained 32 percent above previous trough for capital expenditures and 37 percent for purchased materials; both are too high. Electronic components still a major supply chain issue, particularly if the component you need is not the current hot technology.” ” [Computer & Electronic Products].

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Manufacturing PMI® at 46.4%; July 2023 Manufacturing ISM® Report On Business®

Fastener News Desk

Manufacturing lead times sentiment improved again but remain at elevated levels. ” [Computer & Electronic Products] “Sales in our industry are extremely slow entering into the second half of the year, and no upturn is expected until at least the fourth quarter.” percent in May 2020 ).

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

Fastener News Desk

Manufacturing supplier lead times continue to decrease, but at a slow pace. ” [Computer & Electronic Products] “We need to coordinate very closely with suppliers in order to yield a more cost-competitive offer. The Prices Index remained in ‘decreasing’ territory, 4.6