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What Is Benchmarking? (and How It Benefits Your Manufacturing Operations)

CMTC Manufacturing Tech

One component of the continuous improvement approach is that of benchmarking. Keep reading to learn more about what is benchmarking, its benefits, and review some example manufacturing metrics! Quick Links: What Is Benchmarking? 4 Types of Benchmarking. Benefits of Benchmarking for Your Manufacturing Business.

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New benchmark for gasket design

Manufacturer's Monthly

Combating corrosion is an imperative focus in sourcing components for industrial settings. Oil, gas, power, manufacturing, and marine environments all have harsh effects on standard sealing solutions, which often leads to a shortened product life. We have a gasket manufacturing facility in Eagle Farm, Brisbane.

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Automated measurement system for quality control in plasterboard manufacturing

Manufacturer's Monthly

This state-of-the-art measurement system is designed to set a new benchmark in quality control and assessment in plasterboard manufacturing. The laser scanners are sourced from Micro-Epsilon, which offers the highest accuracy and precision in its class. or call 03 9540 5100 to speak with one of their engineers.

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Manufacturing is the answer to improving Australia’s falling complexity ranking

AU Manufacturing

The Harvard index systematically ranks 133 countries by their ability to manufacture and export diverse and complex things and has been a global benchmark of a nation’s global impact since 1995, when Australia ranked 55 on the index. About Advanced Manufacturing Growth Centre (AMGC). billion to the economy.

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ProShop ERP and Datanomix Will Deliver Automated Job Costing for Precision Manufacturers

Fabricating & Metal Work

ProShop ERP , the leading supplier of digital manufacturing management systems and Datanomix , the leader in Automated Production Intelligence , announced a partnership to help manufacturers deliver more insights from their operational data. And this is just the beginning of the possibilities we’ll deliver to our clients soon.” .

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IDTechEx Discusses the Long-Term Trends Shaping Additive Manufacturing

i4.0 today

The company landscape in additive manufacturing has also transformed, with prior players merging or exiting and new players consistently emerging. IDTechEx explores this question in their latest report, “ 3D Printing and Additive Manufacturing 2024-2034: Technology and Market Outlook “, and presents some of those trends below.

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Manufacturing Industry Optimistic Despite Market Challenges According to Study

Mold Making Technology

(HRI) released results from its Harbour IQ Manufacturing Pulse Study, which indicated 92% of respondents were profitable in 2022 with an average EBIT (earnings before interest and taxes) of 9%. However, the data also showed a drop in capacity utilization from Q3 2022 to Q1 2023 across all manufacturing processes.