While inflation surged to a 40-year high of 9.1 percent in 2022, there are ways to limit its impact on machine shops and manufacturers, from renegotiating prices to doubling down on customer service and making smart investments in automation.
Improving productivity is a constant goal for any manufacturer. In today’s increasingly competitive and uncertain market, machine shops are no different.
With IoT and Industry 4.0 being the omnipresent new paradigm in manufacturing, increasing the speed, amount, and accuracy of data generation is a critical necessity.
U.S. auto sales rose for the seventh consecutive year in 2016. In order to keep up with increasing consumer demands for new technology, efficiency and productivity have become more essential than ever before for both auto manufacturers and auto parts manufacturers.
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