Manufacturing in 2017
2017 is probably the year where manufacturing technologies will be at their fastest. 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.
Also, the global political climate is also impacting the sector. One of the recent changes that has happened is the change in administration in the US and European politics. For a deeper look into these and more manufacturing trends to watch out for in 2017, read on.
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. 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 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. 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 continental Europe and UK will surely have a hard time with regard to withdrawals since UK has already withdraw from the European Union. Another bad thing from this withdrawal is that, many European countries has also been affected by the withdrawal of UK from European Union. In fact, experts believe that companies will need to negotiate with each other for up to a decade to normalize relations. This explains why small business manufacturers need to adapt new business environment so that there will be a good relationship with each other.
Computerized Maintenance Management System or simply known as CMMS will also bring new change this 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. 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.
Maintenance data are now a part of the CMMS system.