IHS Markit data shows faster growth in manufacturing | Former DuPont CEO to head 3D-printing company Carbon | Here's a list of essential smart manufacturing metrics
US manufacturing activity in November grew at its fastest rate since April, according to IHS Markit preliminary data from its manufacturing and services purchasing managers indexes. The manufacturing PMI of 52.2 indicates expansion.
3D-printing startup Carbon has named former DuPont CEO Ellen Kullman as its CEO. Kullman, already a board member, takes over a company that has raised $680 million over several rounds.
Metrics that are valuable for smart manufacturing include customer satisfaction, inventory turnover, order cycle time and demand forecast accuracy, writes Louis Columbus, who lists 10 metrics. "Smart factories' analytics strategies are designed to optimize the trade-offs of cost, production flexibility (as measured by scaling for higher and lower production volumes), product & service quality, and time," he writes.
Manufacturing production requires oversight at all stages, which can take the form of monitors, analysis and sensors. Bill Frahm writes. He explains how to use controls in materials and supplies, machinery and equipment, and personnel.
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US automakers have been targeted by hackers using techniques including phishing attempts, brute force attacks and ransomware since late last year, according to the FBI.
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Before year's end, manufacturers should look to secure low freight rates, improve efficiency through digital investment and make speed-to-market improvements, writes Lauren Pittelli of Baker Logistics Consulting Services. Don't depend too heavily on one carrier, she argues, whether on water or land.
Workplace ergonomics programs succeed when they are usable, useful and desirable, writes Caster Connection President Joe Lyden. "If employees have really felt the difference and are willing to describe their experience as highly positive, then it is quite probable that a company's ergonomic initiatives will have a real chance of succeeding," he writes.
Rockwell Automation, Thor Industries and Johnson Controls are among the manufacturers creating school-based educational programs for students as young as 8. "High school is the new 'college,' and middle school is the new 'high school,'" says Cheryl Aquadro of Johnson Controls.
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