Manufacturing in 2017
It is very inevitable that as time goes by, manufacturing technologies evolves quickly and it seems like they are going to be at their fastest this 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. 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 – Recent political changes in both the US and Europe have put the freedom of international trade in question. Donald Trump being the president in the year 2017 could also bring a lot of change. And based on the statements issued by his administration, he is not at all keen on some of the trade deals made by past administrations.
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. Thanks to the Trump Administration, the TTP is as 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. The withdrawal of UK to the European union has probably brought the biggest political change in Europe. Known as Brexit, this withdrawal has more than complicated trade between the UK and continental Europe. The withdrawal of U from European Union has also affected the relationship between several European countries. Based on experts, in order to normalize the relationship with each countries, companies need to negotiate with each other. This explains why small business manufacturers need to adapt new business environment so that there will be a good relationship with each other.
The CMMS can also be called as the Computerized Maintenance Management System will surely have a great makeover in the year 2017. To keep the manufacturing process moving, businesses must conduct routine maintenance. This could be anything from fixing a broken window to repairing manufacturing equipment. Sometimes, the maintenance that a company can offer is not enough, thus, it is really important that the maintenance increases its efficiency, profits and the production line’s lifespan.
Today, a CMMS system tracks, records, and stores maintenance data.