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Manufacturing

Live Data Is Improving Efficiency and Productivity on the Shop Floor, but There Are Challenges

Factory equipment is becoming increasingly Internet-enabled (part of the much referenced “Internet of Things” or “IoT”), and digital technology is helping engineers improve turnaround and uptime, while giving companies more tools to improve delivery time forecasting and saving hundreds of thousands of dollars in production waste, loss productivity and energy.

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Factoryless Goods Producers Will Maintain Non-Manufacturer Status for Now

The only true way to track the re-growth of U.S. manufacturing is to use reliable statistics about the output of America’s factories and the people they employ. That reality was behind the Obama administration’s recent decision to shelve a controversial proposal to reclassify ‘factoryless’ goods producers as U.S. manufacturers despite the positive sheen it would have placed on the nation’s manufacturing efforts.

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