As an increasingly global industry, manufacturing continues to become more competitive year after year, which means shops have to continuously improve just to keep up. In many cases, this has included a move to high-mix/low-volume (HMLV) production strategies, which give manufacturers the agility they need to quickly respond to customer needs. To achieve…
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Many manufacturers fail to get the maximum amount of productivity out of their machine tools. In fact, according to research by Machine Metrics, the average machine utilization rate in 2018 was less than 29 percent – but most manufacturers are oblivious to the fact that there’s a problem with their shop’s efficiency. Luckily,…
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Manufacturing success has always required the careful collection and analysis of data. Since the dawn of the Industrial Revolution in the late 18th century, shops have been performing increasingly sophisticated analyses of their operations to gain a competitive edge or develop new innovations. Indeed, the manufacturing handbooks and manuals found on workbenches and…
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