How Well Do Manufacturers Perform This 2017?
Manufacturing technologies are evolving fast, but never as fast as they as will in 2017. One of the reasons why manufacturing technologies becomes continuously fast is because they want to include in their manufacturing processes the artificial intelligence and advanced analytics that would surely include advances in technology. Indeed, one of the reasons why the manufacturing sector changes is the impact of these new technologies.
One factor that also impacts the sector is the global political climate. Of note are the recent changes in administration in the US and European politics, especially the Brexit vote. For a deeper look into these and more manufacturing trends to watch out for in 2017, read on.
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. 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. Donald Trump is not eager with the TTP as a trade deal, thus, it is now 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. The future of the TTIP is still not sure and is still uncertain even though it is not yet dead. In Europe, on the other hand, the biggest political change has been the withdrawal of the UK from the European Union. 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. The negotiation of companies with other companies is also very important so that relationship with each other will become normal. 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.
2017 will also bring a great change to the Computerized Maintenance Management System or simply known as CMMS. It is important that businesses can conduct routine maintenance in order to keep the manufacturing process moving. 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.
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