Insights

Inventory glut has many businesses turning their attention to innovation. Partnering with vendors can make the process easier. Widespread inventory glut has left many businesses drowning in outdated products, pushing many to refocus their efforts on innovation to keep their...

Composable manufacturing is an approach that uses a virtual tool to assemble – or compose – modular packages of pre-programmed processes into new workflows on a screen. Deploying AI, machine learning and other cutting-edge technologies, composable manufacturing gives companies to...

Climate change threatens our planet and communities around the world. To avoid the worst of its impacts, we must reach net zero by 2050. Our approach to everything from the manufacture of plastics to electronics must consider product end-of-life and...

Digital replicas of physical assets, processes and systems, Digital Twins are increasingly acknowledged as a gateway to better decision-making securing greater efficiencies. Likely benefits include improved performance, faster processes, the capacity to predict and pre-empt maintenance issues, plus better quality-control...

Scientists from the MIT Center for Information Systems Research found companies that have executed a digital transformation have significantly higher financial performance — with average revenue growth of 17.3 percentage points and net margins of 14.0 percentage points above industry...

Sustainability has long been an integral part of the economic and social debate. Both consumers and other stakeholders are calling for a stronger commitment to the circular economy and to sustainable raw material and recycling concepts. The regulatory framework worldwide...

Companies that go through digital transformation outperform those that do not. Researchers have identified 10 key steps to getting there. Legacy companies begin digital transformations to meet two main goals: improve customer experience and increase operational efficiency. Companies that accomplish...

In a world where fashion and changing trends are influencing the textile sector greatly, sustainable manufacturing is the biggest challenge for survival for the upcoming generations and industries. Brands are encouraging and educating their customers to choose textiles that have...

Contrary to widespread public concern about robots taking away jobs, people still play a key role on assembly lines. In fact, people still perform 72 percent of manufacturing tasks. Yet, despite that overwhelming ratio, there’s an almost universal lack of...

As the manufacturing world transforms outside the machine shop, things inside need to change as well. So machine tool suppliers are doing what they can to help shops adjust to the latest production requirements and economic considerations. Artificial intelligence and...