Why CFOs Should Invest in Procurement?
Procurement has long been viewed as a cost-control function, focused on securing the lowest prices from suppliers. However, forward-thinking businesses increasingly recognise procurement as a strategic asset—one that can drive competitive advantage, fuel innovation, improve efficiency and bolster overall...
Metal Injection Moulding – Process, Pros, Cons & More
The market for metal injection moulding (MIM) is experiencing significant growth, rising from US$1.5 billion in 2015 to US$4.6 billion in 2024—an impressive tripling. Back in 1986, the market was valued at just US$9 million. This remarkable increase can...
Industrial AR across the product lifecycle
In today’s rapidly evolving industrial landscape, industrial augmented reality (AR) is emerging as a breakthrough technology, with proven use cases across the product lifecycle. From design and manufacturing to maintenance and aftersales support, industrial AR isn’t just enhancing existing...
How Does Artificial Intelligence Support Product Development?
Artificial Intelligence (AI) is revolutionizing the product development process and one of the areas in which it is fundamental is Concept Design. For Siemens, the Digital Thread starts precisely from this phase, immediately integrating AI as a tool to...
Advancing Automotive Excellence with Bruker AXS Analytical Solutions
Innovative Process and Quality Control of Automotive Materials with OES, CS/ONH, XRF, XRD, and XRM Technologies.Content provided by Dr. Peter Paplewski, Product Line Manager, OES and CS/ONH Analysis at BrukerIn the ever-evolving landscape of the automotive industry, precision, reliability,...
SmartFactoryKL Initiative: Developing the Manufacturing of Tomorrow
The German SmartFactoryKL network stands at the forefront of revolutionizing manufacturing processes. But what exactly is it, and how does it impact the future of production? We spoke with Teresa Petzche, Researcher at SmartFactory.
The SmartFactoryKL is a non-profit organization...
Japan Finds Innovative Solutions to Counter Its Aging Headwind
With one of the highest life expectancies in the world, Japan has rapidly become a super-aging society. The country now boasts a world-record number of centenarians, a trend with significant long-term implications for its workforce. To address the aging...
Sanjay Chowbey to Succeed Christopher Rossi as President & CEO, Kennametal, w.e.f. Jun 1, 2024
PITTSBURGH, PA, USA, Mar 15, 2024 – Kennametal Inc. (NYSE: KMT) announced today that Sanjay Chowbey, currently Vice President, Kennametal Inc. and President, Metal Cutting Segment, will succeed Christopher Rossi as President & CEO. Rossi has decided to retire from the company after nearly seven...
Renishaw Extends Range of AGILITY 5-axis Multi-Sensor CMMs
GLOUCESTERSHIRE, UK, Mar 1, 2024 – Renishaw, a world leader in measuring and manufacturing systems, now offers an extended range of AGILITY Co-ordinate Measuring Machines (CMMs). The range of AGILITY CMMs has been designed and made for speed and accuracy, building on Renishaw’s...
Pelagus 3D and Doosan Enerbility Forge Strategic Alliance to Advance Additive Manufacturing
Additively manufactured spare parts will drive technological innovation and market growth, moving industries forward.
Pelagus 3D, a joint venture company of thyssenkrupp and Wilhelmsen, and Doosan Enerbility signed a memorandum of understanding (MOU) to advance the adoption of on-demand additive...