Must Watch Manufacturers In 2017
2017 is probably the year where manufacturing technologies will be at their fastest. Manufacturers has always been wanting to include advancement in technology in their manufacturing process, these advancements include advanced analytics and artificial intelligence which are involved in their manufacturing processes. The impact of these new technologies surely did a great impact to these new technologies.
Also, the global political climate is also impacting the sector. The US and European politics surely is a part of the recent changes that needs to be noted. 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. It has also been known that the administration of Donald Trump is not eager to know some of the trade deals that happened in the past administration.
The Trans-Pacific Partnership or also known as TTP is also one of the trade deals wherein the administration of Donald Trump is not eager with. The TTP is now good as dead because of the administration of Donald Trump. Another trade which is at risk in the administration of Donald Trump is the Transatlantic Trade and Partnership or simply known as TTIP which is a deal with Europe. Although it is not dead in the water like the TTP, it too has stalled, and its future is uncertain. However, the biggest political change that has happened to Europe is the withdrawal of UK to the European union. The withdrawal of UK from the European Union has surely made withdrawals complicated especially between UK and the continental Europe. 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.
2017 will also bring a great change to the Computerized Maintenance Management System or simply known as CMMS. It is important that businesses can conduct routine maintenance in order to keep the manufacturing process moving. This could be anything from fixing a broken window to repairing manufacturing equipment. Regardless of the type of maintenance a company undertakes, maintenance increases efficiency, profits, and the lifespan of a production line.
Maintenance data are now a part of the CMMS system.