How Well Do Manufacturers Perform This 2017?
2017 is probably the year where manufacturing technologies will be at their fastest. For one, manufacturers are rushing to include advances in technology, such as artificial intelligence and advanced analytics, in their manufacturing processes. The impact of these new technologies surely did a great impact to these new technologies.
One factor that also impacts the sector is the global political climate. Of note are the recent changes in administration in the US and European politics, especially the Brexit vote. You surely need to read this article in order to be updated on what is ahead of your 2017.
The international trade surely had a freedom after the recent political changes in both the US and Europe which are all part of the Trade tensions. 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. Donald Trump is not eager with the TTP as a trade deal, thus, it is now 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. However, the biggest political change that has happened to Europe is the withdrawal of UK to 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. Even worse, Brexit has affected trade relations between many European companies. Based on experts, in order to normalize the relationship with each countries, companies need to negotiate with each other. In order for companies and businesses to have a good relationship with each other, it is important that these small manufacturers will adapt new business environment.
The CMMS can also be called as the Computerized Maintenance Management System will surely have a great makeover in the year 2017. In order to keep the manufacturing process moving, it is important that routine maintenance will be conducted by businesses. This can be compared to fixing a broken window to repairing a manufactured tool. 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.
Today, a CMMS system tracks, records, and stores maintenance data.