Remove Artificial Intelligence Remove Lead Time Remove Smart manufacturing
article thumbnail

Top Trends in 2025

Automation Mag

However, industry experts suggest that automation and advanced manufacturing technologies might offer support against constantly changing economic forces and global market conditions. While Deloitte reports that average lead times for production materials have improved since 2022, they are still elevated from pre-pandemic levels.

article thumbnail

Trends Shaping the Future of Moldmaking

Modern Machine Shop

Source: Hurco Market Dynamics and Business Strategies Reshoring trends are leading to increased emphasis on domestic production in many markets. This shift is driven by concerns over supply chain resilience and a desire for greater control over quality and lead times. Diversification is a key strategy for many mold builders.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Canadian start-up JITbase among Hexagon’s second Sixth Sense cohort

Automation Mag

JITbase builds smart manufacturing software that uses machine data and information from CNC programmes to calculate the optimal sequence of machinist activities on the shop floor. The eight start-ups selected for the second cohort are: JITbase, Montreal, Canada. 3YOURMIND, Berlin, Germany. GelSight, Waltham, USA.

article thumbnail

Back In Action: An MCMT Special

Dinesh Mishra

is now widely used, you would see new advanced hardware and software that would include smart features & networks, automated and IoT-ready machines, Artificial Intelligence and more advanced CNC software. Ltd: The future trends in machine tool that we can now expect that Industry 4.0