Manufacturing 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. For one, manufacturers are rushing to include advances in technology, such as artificial intelligence and advanced analytics, in their manufacturing processes. Needless to say, the impact of these new technologies is changing the manufacturing sector altogether.
Also, the global political climate is also impacting 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 – Recent political changes in both the US and Europe have put the freedom of international trade in question. Donald Trump being the president in the year 2017 could also bring a lot of change. Donald Trump had also issued a statement that he is not eager on some of the trade meals that happened in the past administration.
The Trans-Pacific Partnership or also known as TTP is also one of the trade deals wherein the administration of Donald Trump is not eager with. 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. 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. The withdrawal of UK from the European Union has surely made withdrawals complicated especially between UK and the 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.
Computerized Maintenance Management System or simply known as CMMS will also bring new change this 2017. In order to keep the manufacturing process moving, it is important that routine maintenance will be conducted by businesses. This can be compared to fixing a broken window to repairing a manufactured tool. 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.
Maintenance data are now a part of the CMMS system.