On Businesses: My Experience Explained
Manufacturing in 2017
Manufacturing technologies are evolving fast, but never as fast as they as will in 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. Needless to say, the impact of these new technologies is changing the manufacturing sector altogether.
One factor that also impacts the sector is the global political climate. 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.
The international trade surely had a freedom after the recent political changes in both the US and Europe which are all part of the Trade tensions. In the US, for instance, Donald Trump was sworn in as president in January 2017. Donald Trump had also issued a statement that he is not eager on some of the trade meals that happened in the past administration.
One such deal is the Trans-Pacific Partnership (TTP), a trade deal 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. 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. The withdrawal of U from European Union has also affected the relationship between several European countries. In fact, experts believe that companies will need to negotiate with each other for up to a decade to normalize relations. 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. 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.
Maintenance data are now a part of the CMMS system.