How Well Do Manufacturers Perform This 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. Manufacturers has always been wanting to include advancement in technology in their manufacturing process, these advancements include advanced analytics and artificial intelligence which are involved in their manufacturing processes. Indeed, one of the reasons why the manufacturing sector changes is the impact of these new technologies.
One factor that also impacts the sector is the global political climate. Of note are the recent changes in administration in the US and European politics, especially the Brexit vote. You surely need to read this article in order to be updated on what is ahead of your 2017.
The international trade surely had a freedom after the recent political changes in both the US and Europe which are all part of the Trade tensions. One of the example of change that happened is the presidency of Donald Trump. It has also been known that the administration of Donald Trump is not eager to know some of the trade deals that happened in the past administration.
One such deal is the Trans-Pacific Partnership (TTP), a trade deal between the US and 12 Pacific-Rim countries. Donald Trump is not eager with the TTP as a trade deal, thus, it is now good as dead. Another trade which is at risk in the administration of Donald Trump is the Transatlantic Trade and Partnership or simply known as TTIP which is a deal with Europe. The future of the TTIP is still not sure and is still uncertain even though it is not yet dead. The withdrawal of UK to the European union has probably brought the biggest political change in Europe. The continental Europe and UK will surely have a hard time with regard to withdrawals since UK has already withdraw from the European Union. Another bad thing from this withdrawal is that, many European countries has also been affected by the withdrawal of UK from European Union. In fact, experts believe that companies will need to negotiate with each other for up to a decade to normalize relations. This explains why small business manufacturers need to adapt new business environment so that there will be a good relationship with each other.
The CMMS can also be called as the Computerized Maintenance Management System will surely have a great makeover in the year 2017. To keep the manufacturing process moving, businesses must conduct routine maintenance. This could be anything from fixing a broken window to repairing manufacturing equipment. 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.