article thumbnail

Visibility & Resiliency: Letting Your Factory Work For You

Cisco Industrial Automation

Industry research shows that by 2023, 30% of manufacturers will enhance their shop floor digital twin with real-time signal transponder data, leading to an 80% reduction in logistic bottlenecks in shop floor and storage areas – Source: IDC FutureScape: Worldwide Manufacturing 2021.

article thumbnail

How 3D printing is reshaping the future of supply chains

Manufacturer's Monthly

Recent changes to the supply chain emerged shortly after the global pandemic was announced, particularly during COVID-19 lockdowns, due to abrupt shifts in demand that created bottlenecks at ports worldwide. We’ve identified five emerging trends impacting global supply chains in 2022: logistics disruptions. production delays.

Insiders

Sign Up for our Newsletter

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

article thumbnail

10 Areas Manufacturers Might See an Impact from AI

Fabricating & Metal Work

AI’s ability to learn from data in the ERP system and outside sources enables decision-makers to formulate deeper and more accurate predictions regarding customers, buying habits, inventory levels, markets, material purchasing and more. Supply Chain Management Supply chain disruptions can cause serious problems.

article thumbnail

Legal Implications of the ChatGPT Revolution in Manufacturing

Foley

Supply Chain Management: Generative AI models can be used to analyze data from multiple sources, including suppliers, logistics providers, and retailers, to optimize supply chain operations. The model can identify bottlenecks, predict production times, and suggest process improvements to increase throughput and reduce waste.

article thumbnail

TGW Logistics launches RovoFlex picking robot and PickCenter software

Robotics Business Review

TGW Logistics’ RovoFlex picking robot can handle a variety of items, from grocery and fashion to industrial and consumer goods. Source: TGW Logistics TGW Logistics Group GmbH said it has applied its more than 50 years of experience in developing automated systems into its latest picking robot.

article thumbnail

Redefining Laser Cutting: What’s Next for Metal Fabrication?

Fabricating & Metal Work

Farmington, CT) – Solid state — or 1mµ — laser sources became the standard for cutting sheet metal after gaining mainstream traction among sheet metal manufacturers in 2011. A persistent technology around since the 1960s, these laser sources were new only to our industry. TRUMPF Inc. Messer Cutting Systems, Inc.

article thumbnail

Würth Group closes 2022 fiscal year with EUR 19.95 billion in sales

Fastener News Desk

Service leadership, a very high level of product availability combined with above-average logistics expertise are the reasons for this very good development. In many sectors, bottlenecks are easing. Content Source: . The Electrical Wholesale unit was particularly successful, reporting growth of 25.0