LONDON, 22-Feb-2021 — /EPR INDUSTRIAL NEWS/ — We are moving more and more into an on-demand world, where the companies who embrace digitalization and agility thrive. We have witnessed that the companies surviving in this new era of manufacturing are the ones who go digital, be agile, and mitigate risk.
The recent pandemic has resulted in new ways of working, highlighting the importance of getting immediate access to products and services. As manufacturers navigate the new normal, realizing digital agility has never been more important.
Having a responsive supply chain proves essential. Once you take a product to market, it is key to safeguard the supply chain. With a constantly changing market, your supply chain should be able to rapidly respond to satisfy demand where that means making more of the same product, or shifting focus to another more in demand item.
When done correctly, automation paves the way to digital agility. Agility results in lower cost and errors, whilst increasing productivity and sales. Digital agility enables manufacturers to quickly pivot when faced with disruption.
When manufacturers get it right, automation provides a path towards digital agility, which ultimately leads to the reduction of cost and errors, while improving productivity and raising revenue. Digital agility is especially important amid COVID-19 disruptions, as it allows manufacturers to quickly pivot.
Digitalization and technology help companies embrace new market trends. Market opportunity is evident in industry, the capture this, companies and their manufacturing partners need to push the existing boundaries and strive to push themselves and digitalize their processes. As products and services are moving more and more on-demand, only those that embrace this will gain competitive advantage.
LONDON, 9-Feb-2021 — /EPR INDUSTRIAL NEWS/ — COVID-19 taught us numerous things when it comes to manufacturing. Throughout 2020, we saw countless industries and companies alike struggling to source materials, complete production, and get their product to the end user. When normal supply chains were disrupted, there was a challenge and difficulty sourcing alternative means to achieve supply chain stability during this time, and keep production going.
Despite the world having a magnitude of advanced manufacturing capabilities, these are difficult to find and access. What has become clearer than ever before, is that current supply chains and manufacturing processes are international, proficient, and well-organised, and at the same time, they are delicate and can struggle delivering transparency to its user when hit with unforeseen instability. This was demonstrated by the shortage of supplies in numerous industries, from medical, to automotive, to digital goods. Not only did raw material become a challenge to source, but key industrial component shortage led to issues with final assembly of goods.
The future of the manufacturing industry requires improved resilience, agility, and supply chain transparency in order to manage any future disruption more effectively. Breaking the existing mold, embracing new technology, and developing a digital supply network which is able to quickly respond and adapt to any situation thrown its way.
This industry requires visible and accessible manufacturing in a digital format. China, in particular, is a country which is at the forefront of this new vision. China boosts advanced manufacturing competences, resources, and has a transparent and accessible infrastructure. Agility and resilience is key, and digital manufacturing platforms, particularly ones that offer an online marketplace at the users fingertips of a multitude of capabilities, is key. This digital core allows high transparency, easy visibility, easy access, and agility when faced with disruption.
Having a digital marketplace which can be accessed at any point from anywhere for any kind of manufacturing requirement allows for a truly agile foundation of digital supply networks. A user can identify manufacturing resources and capabilities at the touch of a button from part designs, features, machine tools, capabilities and more. This essentially breaks down the barriers and reduces effort typically found when sourcing manufacturing resources and capabilities.
The future will see more complex and improved versions of this digital manufacturing marketplace, allowing a user to be able to search for diverse manufacturing resources and capabilities and multiple variables such as manufacturing capacity (such as machine tool / specification) and complex part design. A further development is likely to be a more inclusive service, allowing the user to source based on capability to manufacture components with specific requirements, such as 5-axis CNC turning with horsepower and x/y/z travel metrics with metal additive manufacturing as an option.
Manufacturing is an extensive and multifaceted sphere, therefore a comprehension platform with effective searchable options is something which needs to be continually adapted and upgraded. Haizol’s manufacturing platform provides users with over 200,000 suppliers in Asia with wide-ranging capabilities and the ability to filter based on a variety of criteria. In terms of supplier, the user can select based on manufacturing type, region, industry, factory size, employee number, annual turnover, certification, R&D capacity, and more. They also have the option to filter by product, choosing process, material, and region, to see examples of what factories have previously made, to guide their decision making.
The fate of Australia’s diminishing manufacturing industry has long been hanging in the balance – and then?
BIBRA LAKE, Perth, Western Australia , 23-Nov-2020 — /EPR INDUSTRIAL NEWS/ — Along came COVID-19. For a sector that had been neglected for decades, while the pandemic wasn’t quite the final nail in the coffin, it certainly brought with it the shock wave that made our government sit up and take notice.
And maybe – just maybe – the situation might bring the stars into alignment that will help close the country’s chasm of a skills gap.
Manufacturing is Crucial for Our Economic Recovery
Change is always hard to come by, especially at the extent manufacturing needs. But there are some green roots showing. Thanks to the new government taskforce set up in response to an industry-led recommendation plan, the desperately needed funding for investment and growth is beginning to trickle through.
So what does this mean for the industry, and in particular the small and medium-sized businesses that make up the majority of the sector?
To fully comprehend this we need to drive deep into the rot that’s now endemic throughout. Only by understanding the mistakes that’ve been made and why we have such a major skills crisis, can we begin to turn this unfortunate turn of events around.
By far the most effective way of doing this is to lay bare the biggest error of all, and it all boils down to this: we’ve forgotten the value of local business and manufacturing capabilities. It’s hard to pinpoint exactly when this occurred, but if COVID has brought about anything, it’s that we’ve had a hard, sharp lesson as to the importance of local support and expertise. Suddenly the crucial need for home-grown supply chain capabilities has become vital for our businesses and industries, and this can only be brought back up to scratch with a long-term strategy and, most importantly, the necessary funding.
Manufacturing Provides the Building Blocks from which All Other Industries can Grow
The world desperately scrabbled for commodities (ventilators, PPE, toilet roll!) and we were among them. Once upon a time our powerhouse nation boasted some of the best skilled workers on the planet. Today we are but a shadow of our former selves.
So has COVID achieved what many industry experts have failed to do over the previous few decades, and forced the hand of our government to invest in the sector? Perhaps so… What has definitely happened is the following:
We’re beginning to understand the many benefits of local support and expertise
We’ve realised that the value of local business and manufacturing capabilities is more about quality and service, and less about price
The importance of great B2B relationships is something our economy relies on
These are the reasons that, at last, the funding is starting to be put into place for SMEs to be able to upskill their workers and invest in advanced manufacturing processes. It’s only through initiatives such as these that we can become competitive on a global scale. In addition, it gives these companies the opportunity to innovate and commercialise new technologies.
So… Is 2020 the year that manufacturing turns the corner and provides the bedrock necessary for our country to begin to close the skills gap? Only time will tell for sure. But what it has meant is that companies such as SixDe have begun the slow uphill climb – and long may it continue.
An example of this is SixDe’s expansion in preparation of the commercialisation of Magneto, a robotic platform that is the future of inspection robotics. The industry relies on such innovation. With such projects and advancement, we not only get the chance to retrain our current workers, but we lay the foundations that will attract the brightest young minds from around the world to come and live, study and work in our wonderful country. So perhaps, just perhaps, we can drag some positivity from the awful situation that is COVID, and use it to bring about a greater good for Australia.
To find out more about Magneto and the home-produced precision machine components from SixDe, visit www.sixde.com.au or call 08 9434 1112.
Tech2select is the most advanced technical industry portal for parts and components. It`s focused on detailed manufacturing information to provide a high level matching quality for buyers and suppliers. For suppliers Tech2select provides additional social media services from now on and supports the industry to increase visibility.
So, Tech2select reacts on an US longterm-study about Social Marketing, which shows very significant figures in the industry: 84% of the industry companies mean, that social media is very important for their business. 57% will use videos for their marketing activities in the future.
Tech2select reacts on this trend and provides social media services for suppliers to support them for increasing exposure and traffic. So company and manufacturing data become viral.
From now on company profiles can be shared on Twitter, Facebook and Delicious with a click. Additional the clickrates for the company profiles are published. So, online marketers can navigate and control the social media activities from their Tech2select company profile. For convincing buyers from the industry with additional emotions, marketers can publish a look-and-see video on Tech2select.
To meet the requirements of industrial buyers, Tech2select developed a new analyzing tool for casting parts – sourcing of European and Asian supplier already possible.
Sourcing for new casting suppliers can be very time consuming, because casting is not casting. It depends on a catalogue of technical details, if a supplier fits or not. Especially normal searching machines offer a lot of information, but it lacks in a technical exact searching and matching tool.
The industry portal Tech2select launches a special analyzing tool for finding the exact foundry now. It is based on all the needed technical criterias, which buyers have to keep in mind: material, processes, machines, batches and quality measure methods. So the sourcing time for a casting part can be shortened.
At the moment, there are 300 foundries from Europe and Asia online, which can be sorted that way. They are offering various casting methods – from steel castings, grey castings to gravity die casting. So industry buyers find technical fitting castings very easy and time efficient.
EPR Network (EPR stands for express press release) is one of the nation’s largest press release distribution networks on Web. The EPR’s nationwide network includes 12 State based PR sites, one major PR forum and a number of industry specific PR blogs and what started as a hobby on Internet years ago turned out to be a rapidly growing business today. EPR Network is also known as one of the most trusted (human optimized, published, edited and monitored, spam/scam/low quality PR content free) PR sites on the web with more than 10,000 company and individual press releases distributed per month. EPR Network is putting your press releases on top of all major search engines’ results and is reaching thousands of individuals, companies, PR specialists, media professionals, bloggers and journalists every day.
EPR Network has thousands of clients around the world including global 500 corporations like Hilton Hotels, Barclays Bank, AXA Insurance, Tesco UK, eBay/Skype, Emirates, just to name a few. The network’s PR web sites are currently reaching from 150,000 to sometimes 500,000 unique visitors per month while our viral reach could possibly go to as much as 1M people per month through our presence across various social media sites. EPR Network was established in 2004 and as of May 2008 it had more than 800,000 press releases (pages) published on its network.