Both lean and agile manufacturing emphasizes leveraging market knowledge, integrating supply chains, and reducing product lead times.
Due to the outbreak of COVID-19 and its rapid global spread, the assembly of electronic products will not be connected due to the city blockade, resulting in chaos and link problems in the industrial supply chain. As a result, the global auto parts, semiconductor, and electronics industries are exposed to highly uncertain risks. To this end, the global supply chain is an issue that everyone re-examines.
The Metaverse is bringing virtual gamers to a wireless sci-fi vision with an infinite number of virtual worlds. However, you will find some transformation and benefits in how manufacturers can be more productive in the digital and physical worlds.
Digital manufacturing is an execution system that connects all manufacturing processes and combines digital tools with manufacturing processes.
Germany is the second-largest producer of machine tools in the world, after China. From the advanced German machine tool technology, to explore the development of the machine tool market.
Smart manufacturing utilizes advanced manufacturing technology and provides solutions through AI, the Internet of Things, big data, cloud, edge computing, and other technologies to substitute the production process with an intelligent manufacturing model and customize products according to customer needs.
Wisdom Manufacturing (WM) is the use of advanced manufacturing technology and new-generation information technologies such as the Internet of Things, big data, cloud computing, artificial intelligence (AI), etc., to highly customize every link of the production process and use advanced manufacturing models to adapt to rapidly changing external market demands.
In 2020, the global machine tool market was worth 111.36 billion U.S. dollars. Affected by the COVID-19 epidemic and the Sino-US trade war, China’s import and export value of machine tools declined by 17.7% and 11.5% respectively in 2020 compared to 2019. However, it is still the world’s largest machine tool market, accounting for approximately 35% of the world’s total.
New technologies bring forth the new. AI and the cloud are irreversible trends that are strengthening the competitiveness of enterprises. Enterprises should consider how to implement AI and the cloud in each application of the enterprises.
Digital transformation is the process of applying digital technology to recreate the way work is done to create and provide new value.
The manufacturing industry has faced multiple operational obstacles caused by the pandemic. How can companies use digital technology to strengthen the industrial ecological chain and their own health in an all-around way?
Industrial Internet of Things (Indusrial IoT, or IIoT) is the expansion and use of the Internet of Things (IoT) in industrial applications. Industrial IoT focuses on machine-to-machine (M2M) communication, big data, and machine learning (ML) to make industrial operations more efficient and reliable. IIoT covers the entire industrial application, including robotics, medical equipment, and software-defined production processes.
Improving production efficiency is the foundation for the manufacturing industry to gain a firm foothold. The manufacturing industry achieves smart operations by introducing AI applications, automatically identifying abnormalities, or making adjustment suggestions, and assisting companies in achieving more accurate adjustments to machines and upgrading equipment. During the process, the traditional manufacturers are transformed into the smart manufacturers.
South Korea is a country lacking natural resources. Its economic development is export-oriented, and its industrial structure is dominated by heavy chemical industries. The five major industries, including automobiles, shipbuilding, semiconductors, steel, and smartphones, earn a lot of foreign exchange for the country's economic growth.
The United Nations Industrial Development Agency (UNIDO) announced the July 2020 World Manufacturing Competitiveness Index (CIP) which is based on 2018 indicators. South Korea ranks third after Germany and China among 152 countries in the world. CIP is a composite index of 8 items including per capita manufacturing, value-added, and manufacturing export value. It reflects the overall competitiveness of the manufacturing industry in each country. UNIDO publishes the CIP every other year.
The market has gradually shifted to a zero-touch economy, unmanned production, and unlimited applications in response to the challenges of the times and the epidemic.
It is predicted that in 2021, the four major industries of Taiwan's metal electrical and mechanical industries, information electronics, chemical industry, and people's livelihood industry will all grow positively.
Many generation industrialists gradually move towards brand thinking, and then begin to build the ability to use data analysis techniques to capture business opportunities.
In recent years, the Russian government has fully supported the development of the machine tool and automobile industry and has continued to try to get rid of the impact of continued Western economic sanctions and the decline in international crude oil prices. Therefore, the Russian government is actively promoting various "import substitution" and "production line modernization" policies.
Today we are going to learn more about "under one roof" in manufacturing. All disciplines are under one roof, which brings several advantages.