Tag Archives: digital manufacturing

Digital agility enables manufacturers to quickly pivot when faced with disruption

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.

SOURCE: EuropaWire

Haizol’s digital manufacturing platform in the light of COVID-19 supply chain disruption

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.

SOURCE: EuropaWire

Haizol: New export business in China has seen its largest increase since 2017

LONDON, 19-Oct-2020 — /EPR INDUSTRIAL NEWS/ — The Caixin China General Manufacturing Purchasing Managers’ Index (PMI) measures the performance within the manufacturing sector, and is based on over 400 private industrial companies in China. The PMI shows a steady figure of 53.0 for September 2020, suggesting manufacturing growth remains robust, and factory activity continued their recovery path since COVID-19 hit.

China’s manufacturing industry this last quarter has exceeded last years readings, aided by a COVID-19 measures being relaxed. There was a new rise in orders, and buying levels were at an all time high since 2018.

New export business in China has seen its largest increase since 2017, alongside purchasing activity reaching its highest level of the last decade. This year has also seen the highest number of new orders since the beginning of 2011. Haizol has witnessed continued growth from the middle of the year until now, finding an increased number of buyers want to move to digital manufacturing, and find value in Haizol’s hands off, online sourcing offering.

China manufacturing has also demonstrated its resilience through employment figures, which have now stabilized after a turbulent couple of months of job shedding. Key manufacturing companies showed growth in input costs have risen, yet there has been no significant rise in selling prices due to tough market competition. Haizol, who have experienced continual growth to their customer base, have also maintained that keeping their prices low is imperative to their customer centered approach, and remaining the most competitive in the market.

The economy in China has demonstrated it has got its momentum back post epidemic, with manufacturing expanding the most since 2011, according to the Caixin index. In 2020, it has beaten the market consensus month on month, with successive growth in factory activity and the sharpest in almost a decade, as consumer demand continued to expand after the pandemic. With index figures at a 6-month high, and with a renewed increase in orders month on month, buyers worldwide can order parts with confidence.

Whether a company is looking to outsource a prototype, or full-scale production, Haizol are experts in metal and plastic custom part production. Companies of all sizes receive a tailor made, customer focused service.

SOURCE: EuropaWire