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OEMs who track process data may already have all the information required for significant operational improvements. The challenge is to implement systems that analyze the data for patterns to create actionable insights. This requires long-term focus and a top-down approach. Even incremental investments surrounding particular important manufacturing steps can yield strong results.In the case of one top pharmaceutical company, more than 200 variables required monitoring for compliance and pur …

DOUGLASSVILLE, PA. - At American Crane, their Mission is to be Gritty!In January of 2018, American Crane & Equipment Corporation began a series of launches of a new campaign within the company called GRIT Matters™ to help reboot their company culture.What does that mean? Well, the definition of grit is as follows: "courage and resolve; strength of character." At American Crane, being 'Gritty' or 'Having Grit' means they are passionate about delighting their customers. Their mission is …

According to a McKinsey Global Institute (MGI) study released this month, 65% of manufacturing work has the potential to be automated. This massive shift in labor affects 29.6 Million workers in the Americas alone with Brazil, United States, Mexico, Argentina and Peru topping the list of those impacted. This is not to say that 29.6 million people will be replaced by robots and out of work; it simply means that the definition of having a manufacturing job, and its requirements, is changin …

The odds of picking the winning Mega Millions lottery numbers are about one in 300 million. Donald Ylvisaker, UCLA Professor Emeritus of Statistics and California lottery statistician, was asked if he thought AI could help pick winning lottery numbers."I am confident the answer is no, no such machine exists,” he said. "[The lottery] relies on a random number generator. Random number generators have improved immensely since the old days. Old ones used old-fashioned algorithms. Nowadays, they are …

Rethink Robotics, a pioneer in collaborative robots, has shut down under mysterious circumstances surrounding heavy debts and a botched buyout. What, if anything, does this mean for collaborative robots in general? If you’re thinking the shutdown proves cobots are a passing fad, the evidence suggests otherwise. While the demise of Rethink Robotics might initially put collaborative robots on shaky ground in the eyes of manufacturers, the innovator was followed by several strong companies int …