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. The impact of these new technologies surely did a great impact to these new technologies.
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. This article will give updates on the advancement that may happen this 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. In the US, for instance, Donald Trump was sworn in as president in January 2017. 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. Thanks to the Trump Administration, the TTP is as 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. 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 the meantime, small manufacturers must adapt to the new business environment, or go out of business.
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 can be compared to fixing a broken window to repairing a manufactured tool. 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.
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