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. The US and European politics surely is a part of the recent changes that needs to be noted. 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. Donald Trump had also issued a statement that he is not eager on some of the trade meals that happened in the past administration.
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. Thanks to the Trump Administration, the TTP is as 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. The withdrawal of U from European Union has also affected the relationship between several European countries. The negotiation of companies with other companies is also very important so that relationship with each other will become normal. This explains why small business manufacturers need to adapt new business environment so that there will be a good relationship with each other.
2017 will also bring a great change to the Computerized Maintenance Management System or simply known as CMMS. To keep the manufacturing process moving, businesses must conduct routine maintenance. Repairing a manufactured tool and fixing a broken window can be comparable in this process. It is important that maintenance increases efficiency, profits and the lifespan of a production line even though the company undertakes a specific kind of maintenance.
The CMMS system now has a goal which is to store, track and record maintenance data.