How Well Do Manufacturers Perform This 2017?
2017 is probably the year where manufacturing technologies will be at their fastest. For one, manufacturers are rushing to include advances in technology, such as artificial intelligence and advanced analytics, in their manufacturing processes. The impact of these new technologies surely did a great impact to these new technologies.
Also, the global political climate is also impacting the sector. Of note are the recent changes in administration in the US and European politics, especially the Brexit vote. 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. 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 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. Donald Trump is not eager with the TTP as a trade deal, thus, it is now good as dead. A deal with Europe which is the Transatlantic Trade and Investment Partnership is also at risk in the administration of Donald Trump. Although the TTIP is not yet dead like the TTP, its future is still not sure. However, the biggest political change that has happened to Europe is the withdrawal of UK to the European union. The continental Europe and UK will surely have a hard time with regard to withdrawals since UK has already withdraw from the European Union. Even worse, Brexit has affected trade relations between many European companies. 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. In order to keep the manufacturing process moving, it is important that routine maintenance will be conducted by businesses. Repairing a manufactured tool and fixing a broken window can be comparable in this process. Regardless of the type of maintenance a company undertakes, maintenance increases efficiency, profits, and the lifespan of a production line.
Today, a CMMS system tracks, records, and stores maintenance data.