Clipped to the Drawing Board by Administrator
A combination of trends, such as outsourcing and off-shoring, are radically changing the way manufacturing organizations work. As a result of off-shoring, teams are often geographically distributed. Outsourcing creates another twist -- key tasks in product design, engineering and manufacturing are likely to be done by component suppliers or contract manufacturers.
Most importantly, vertical organizations are becoming a thing of the past. They are being replaced with cross-department, cross-company, geographically distributed, flexible teams. As a result of these trends, it is possible that a project team for product design, manufacturing or product launch is faced with trying to communicate between employees who work for different companies and are based in different locations. In addition, the rise of global competition, thinner profit margins and time-to-market considerations require that these virtual teams come together on short notice to create and execute an error-free project faster than ever before.
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Friday 26 September, 2008 08:04 AM |
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Clipped to the Drawing Board by George Tan
Adoption of product lifecycle management (PLM) technology is reaching record levels, with analysts predicting sustained growth for the next five years. Management in a widening number of industry sectors are viewing PLM as a critical enterprise investment -- to collaboratively integrate people, processes and business systems with information.
According to statistics compiled by the consulting/research firm CIMdata, the PLM market experienced a stronger-than-expected 13.5% growth rate to reach an estimated $24.3 billion in 2007 for software and related services. The increase exceeds earlier forecasts and involves companies of all sizes in a growing number of industries, notes Ken Amann, CIMdata's director of research. Motivating factors start with CIMdata's research findings that implementations can quickly develop returns on investment of 100% to 300%, while economists continue predictions of possible global economic downturn.
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Wednesday 17 September, 2008 10:21 AM |
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Clipped to the Drawing Board by Administrator
OMAN. The Public Establishment for Industrial Estates (PEIE) will host its annual 'Smart Manufacturing Conference' on 3-4 November 2008 at the Muscat InterContinental Hotel.
Held under the patronage of HE Maqbool bin Ali Sultan, Minister of Commerce & Industry and Chairman, PEIE, Smart Manufacturing is an annual two-day event specifically designed for professionals in the manufacturing sector. Featured speakers consist of leading industry experts from Europe, Asia and the Gulf who will present on key strategies and technologies that are driving today’s manufacturing industry.
“This year's event will explore what’s behind manufacturing’s efforts in marketing, logistics, finance, human resource development and product quality. The conference is open to all and will draw representation from Al Jazeera Steel Products; Oman Development Bank: Reem Batteries; Cisco; Oman Textile Mills; Infocomm; Microsoft; the Information Technology Authority; Sweets of Oman; National Bank of Oman and DHL. It’s an eclectic and exciting line-up of professionals,” remarked PEIE’s Mulkie Al Hashmi and Smart Manufacturing Conference Co-ordinator.
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Monday 8 September, 2008 09:44 AM |
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Clipped to the Drawing Board by Tony Elmasri
North American manufacturers consider the United States the most desirable country for expansion over the next three years, according to a survey released today by the National Association of Manufacturers (NAM) (www.nam.org), The Manufacturing Institute, the Canadian Manufacturers and Exporters (CME) and Deloitte Touche Tohmatsu.
The largest number of North American companies (44 percent) say they intend to expand production in the United States over the next three years. 57 percent of U.S. manufacturers say they will become more globally competitive over the next five years across the supply chain from sales, marketing and customer service to engineering and information technology.
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Wednesday 2 July, 2008 12:35 AM |
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Clipped to the Drawing Board by George Tan
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CINCINNATI - For manufacturing companies striving for lean ERP , the ability to embrace product and engineering changes is central to achieving responsiveness to demand, according to Mike Burkett, Vice President of Research, AMR Research, Inc. This is especially true for those in aerospace and defense (A&D).
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Tuesday 1 July, 2008 08:33 PM |
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