Short Course on Businesses – What You Need To Know
Must Watch Manufacturers In 2017
Manufacturing technologies are evolving fast, but never as fast as they as will in 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. 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. The US and European politics surely is a part of the recent changes that needs to be noted. For a deeper look into these and more manufacturing trends to watch out for in 2017, read on.
Trade tensions is one of the things that will be undergoing some advancement this 2017 since the recent political changes in both the US and Europe has surely put a freedom to the international trade. One of the example of change that happened is the presidency of Donald Trump. 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. 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. Although it is not dead in the water like the TTP, it too has stalled, and its future is uncertain. 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. Based on experts, in order to normalize the relationship with each countries, companies need to negotiate with each other. In the meantime, small manufacturers must adapt to the new business environment, or go out of business.
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.
The CMMS system now has a goal which is to store, track and record maintenance data.