Manufacturing in 2017
2017 is probably the year where manufacturing technologies will be at their fastest. 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. Needless to say, the impact of these new technologies is changing the manufacturing sector altogether.
You also have to keep in mind that global political climate matters too since they also impact the sector. 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. In the US, for instance, Donald Trump was sworn in as president in January 2017. 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.
The Trans-Pacific Partnership or also known as TTP is also one of the trade deals wherein the administration of Donald Trump is not eager with. Donald Trump is not eager with the TTP as a trade deal, thus, it is now good as dead. The other deal at risk is the Transatlantic Trade and Investment Partnership (TTIP), a deal with Europe. Although the TTIP is not yet dead like the TTP, its future is still not sure. The withdrawal of UK to the European union has probably brought the biggest political change in Europe. Known as Brexit, this withdrawal has more than complicated trade between the UK and continental Europe. Another bad thing from this withdrawal is that, many European countries has also been affected by the withdrawal of UK from European Union. The negotiation of companies with other companies is also very important so that relationship with each other will become normal. In order for companies and businesses to have a good relationship with each other, it is important that these small manufacturers will adapt new business environment.
Computerized Maintenance Management System or simply known as CMMS will also bring new change this 2017. It is important that businesses can conduct routine maintenance in order to keep the manufacturing process moving. 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.
Today, a CMMS system tracks, records, and stores maintenance data.