Manufacturing in 2017
Manufacturing technologies are evolving fast, but never as fast as they as will in 2017. Manufacturers has always been wanting to include advancement in technology in their manufacturing process, these advancements include advanced analytics and artificial intelligence which are involved in their manufacturing processes. Indeed, one of the reasons why the manufacturing sector changes is the impact of these new technologies.
One factor that also impacts the sector is the global political climate. The US and European politics surely is a part of the recent changes that needs to be noted. For a deeper look into these and more manufacturing trends to watch out for in 2017, read on.
The international trade surely had a freedom after the recent political changes in both the US and Europe which are all part of the Trade tensions. One of the example of change that happened is the presidency of Donald Trump. And based on the statements issued by his administration, he is not at all keen on some of the trade deals made by past administrations.
The Trans-Pacific Partnership or also known as TTP is also one of the trade deals wherein the administration of Donald Trump is not eager with. Thanks to the Trump Administration, the TTP is as good as dead. The other deal at risk is the Transatlantic Trade and Investment Partnership (TTIP), a deal with Europe. Although the TTIP is not yet dead like the TTP, its future is still not sure. The withdrawal of UK to the European union has probably brought the biggest political change in Europe. Known as Brexit, this withdrawal has more than complicated trade between the UK and continental Europe. The withdrawal of U from European Union has also affected the relationship between several European countries. The negotiation of companies with other companies is also very important so that relationship with each other will become normal. In the meantime, small manufacturers must adapt to the new business environment, or go out of business.
Computerized Maintenance Management System or simply known as CMMS will also bring new change this 2017. It is important that businesses can conduct routine maintenance in order to keep the manufacturing process moving. Repairing a manufactured tool and fixing a broken window can be comparable in this process. It is important that maintenance increases efficiency, profits and the lifespan of a production line even though the company undertakes a specific kind of maintenance.
Today, a CMMS system tracks, records, and stores maintenance data.