OEM stands for original equipment manufacturers. This term is slightly misplaced as OEMs are not companies that originally create the product. They assemble and sell material and parts manufactured by other companies in the supply chain, under their own brand name and warranty. The OEM supply chain is comprised of...
From drones and 3D printing to assistance from cryptocurrency and the IoT, here are the hottest trends making waves in the manufacturing industry this year. An International Rise in Drone and Robot Spending According to analyst firm IDC, spending on drones and robotics systems is slated to total a whopping...
With 2019, we can expect the manufacturing industry to see revolutionary advancements and reach new heights progressing further into the industry 4.0. While these modern trends are going to open multiple doors of opportunities for the manufacturing businesses, it is needless to say that businesses will have to step up...
Flexible manufacturing is an integrated system of computer-controlled machines, transportation, and handling systems under the control of a larger computer. Flexibility is attained by having an overall system of control that directs the functions of both the computer-controlled equipment and handling systems. These computer systems are designed to be programmed...
