The manufacturing industry is experiencing unprecedented change and the convergence of design and manufacturing is creating new opportunities to reduce costs and shorten product lifecycles. Traditional supply chains are being replaced by more flexible supply networks – but only for companies that can adapt to this change. Many still struggle just to keep up with what is happening on their own shop floors. Experts at Autodesk have been working on a thoroughly modern solution that uses the power of the cloud and the Internet of Things to address the new challenge presented by what they like to refer to as the “uberization” of manufacturing.
In addition to a range of around 50,000 standard tools, Sandvik Coromant serves the manufacturing industry with engineered and Tailor Made tools, using a CAPP (computer-aided process planning) system for quotations and order processing. CAPP can be characterized as a part of a design automation system for managing an entire supply chain from quotation all the way to the delivery of the finished product. Johan Hammarlund, manager for rule-based design and design automation at Sandvik Coromant, tells us more.
hat being said, reality is that the medical device manufacturing industry has seen significant layoffs over the last few years due to cost pressure, increased regulatory and public scrutiny, costly recalls and the demands of globalization. Cost-cutting initiatives in the healthcare sector have put significant pressure on prices. Original Equipment Manufacturers (OEMs) are moving more of their component manufacturing out to contract manufacturing suppliers while focusing their time and resources on enhancing innovation and bringing new products faster to market.