Must Watch Manufacturers In 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. Needless to say, the impact of these new technologies is changing the manufacturing sector altogether.
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.
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. 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. The other deal at risk is the Transatlantic Trade and Investment Partnership (TTIP), 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. 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. Based on experts, in order to normalize the relationship with each countries, companies need to negotiate with each other. 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.
The CMMS can also be called as the Computerized Maintenance Management System will surely have a great makeover in the year 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. Regardless of the type of maintenance a company undertakes, maintenance increases efficiency, profits, and the lifespan of a production line.
Maintenance data are now a part of the CMMS system.