Must Watch Manufacturers In 2017
It is very inevitable that as time goes by, manufacturing technologies evolves quickly and it seems like they are going to be at their fastest this 2017. One of the reasons why manufacturing technologies becomes continuously fast is because they want to include in their manufacturing processes the artificial intelligence and advanced analytics that would surely include advances in technology. The impact of these new technologies surely did a great impact to these new technologies.
You also have to keep in mind that global political climate matters too since they also impact the sector. One of the recent changes that has happened is the change in administration in the US and European politics. For a deeper look into these and more manufacturing trends to watch out for in 2017, read on.
Trade Tensions – Recent political changes in both the US and Europe have put the freedom of international trade in question. In the US, for instance, Donald Trump was sworn in as president in January 2017. 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.
One of the deals wherein Donald Trump is not eager with is the Trans-Pacific Partnership which is a trade between the US and 12 Pacific-Rim countries. Thanks to the Trump Administration, the TTP is as good as dead. A deal with Europe which is the Transatlantic Trade and Investment Partnership is also at risk in the administration of Donald Trump. The future of the TTIP is still not sure and is still uncertain even though it is not yet dead. In Europe, on the other hand, the biggest political change has been the withdrawal of the UK from the European Union. The withdrawal of UK from the European Union has surely made withdrawals complicated especially between UK and the continental Europe. The withdrawal of U from European Union has also affected the relationship between several European countries. Based on experts, in order to normalize the relationship with each countries, companies need to negotiate with each other. This explains why small business manufacturers need to adapt new business environment so that there will be a good relationship with each other.
Computerized Maintenance Management System or simply known as CMMS will also bring new change this 2017. To keep the manufacturing process moving, businesses must conduct routine maintenance. This can be compared to fixing a broken window to repairing a manufactured tool. Sometimes, the maintenance that a company can offer is not enough, thus, it is really important that the maintenance increases its efficiency, profits and the production line’s lifespan.
Maintenance data are now a part of the CMMS system.