Will AI Revolutionize Manufacturing?

Smart industry robot arms for digital factory production technology showing automation manufacturing process of the Industry 4.0 or 4th industrial revolution and IOT software to control operation. Photo by istockphoto/NanoStockk

By John Davis
CTO, Global Shop Solutions

Few technologies have changed the manufacturing industry as much as ERP software. From automated scheduling to precision inventory management, automated purchasing, real-time job costing and more, ERP simplifies production processes so manufacturers can work faster and more efficiently while delivering a quality product on time every time. The next transformative technology is artificial intelligence (AI) and machine learning (ML) and both are already having a significant impact on our industry by changing the way manufacturers collect, process and analyze data.

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Integrate AI in Manufacturing to Raise the Bar

By Lisa Anderson

According to Polaris Market Research, the market size of artificial intelligence (AI) in manufacturing is predicted to grow more than 41 percent during the next decade. Although the latest Sikich Industry Pulse found that less than 20 percent of manufacturers have started to implement AI, those wanting to thrive in the next decade are pursuing AI strategies that make sense to support their business objectives. AI can help manufacturers target where to focus and automate mundane tasks.

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New Board Leadership Announced for NAM

Seasoned Executives Take Helm at NAM as Policymakers Debate Competitiveness Issues for Manufacturing Industry

The National Association of Manufacturers announced its Board of Directors has elected Johnson & Johnson Executive Vice President and Chief Technical Operations and Risk Officer Kathy Wengel as board chair and Rockwell Automation Chairman and CEO Blake Moret as vice chair.

“Building on the solid foundation left by Immediate Past Chair Jim Fitterling, chair and CEO of Dow, the NAM enters 2024 with continued successful results for our members, strong financial growth and forward momentum with Kathy as chair and Blake as vice chair. Their companies are at the forefront of modern manufacturing, representing the future of what our industry can accomplish,” said NAM President and CEO Jay Timmons.

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NAM Bolsters Government Relations Leadership

The National Association of Manufacturers named Stef Webb as its new Managing Vice President of Government Relations. Webb joins the NAM from Gopuff, the fast-growing $15 billion global consumer goods and food delivery company, where she served as director of corporate affairs, helping to establish its federal affairs program and spearhead public and government affairs during key market entries globally.

“Whether she’s bringing together lawmakers and line workers in Midwest manufacturing facilities or building relationships on Capitol Hill or in world capitals, Stef has built a sterling reputation as an effective and collaborative advocate who does not relent until the policies or priorities she’s fighting for are across the finish line,” said NAM President and CEO Jay Timmons.

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NAM Urges Passage of Tax Policies Vital to American Manufacturing

On November 1, 2023, the National Association of Manufacturers, joined by more than 1,300 associations and businesses representing manufacturers of all sizes, called on Congress to act quickly in advancing bicameral legislation that would ensure the tax code once again supports the ability of businesses to create jobs in the U.S. and compete in the global economy. In a letter sent to Congress, the coalition writes:

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Evaluating ERP Systems and Related Technologies

By Lisa Anderson

Only companies that automate, digitize and utilize modern ERP systems and advanced technologies will survive, let alone thrive during the next decade. There is no doubt that volatility, uncertainty, complexity and ambiguity (VUCA) have increased in importance since the pandemic, and even though progress has occurred, there is no end in sight. Navigating these turbulent times while providing superior customer service and delivering profitable growth requires different ways of thinking and doing business. Advanced technologies are no longer nice to have; they are the cornerstone to success.

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10 Must-Do’s For Small To Medium Manufacturers

By Adam Grabowski, Director of Marketing Global Shop Solutions

The world has never seen a more competitive and accessible marketplace. Manufacturing companies must operate as lean as possible to maintain profitability and a healthy bottom line. My nearly seven years at Global Shop Solutions have put the magnificence of the manufacturing industry front and center in my life. Everything around us, at some point in time, was touched by a human hand – it is truly amazing to think about. I feel fortunate that my role provides the unique opportunity to spend time with owners, presidents and key personnel at many of our thousands of customer businesses across the 30+ countries and 25+ industries Global Shop Solutions serves. I spend most of this precious time simply listening to what makes their businesses lean, efficient and successful.

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Wire Filaments: Filament Supplier Update Part II

istockphoto/EkaterinaZakharova

PART II: Wire Filament Suppliers

By Bob Lawrence

Ask anyone outside the brush industry what wire brushes are used for and most will cite menial tasks such as grill cleaning, having no realization that they’re essential in most major industries producing products and services ubiquitous in their lives, from aerospace and automotive to agriculture and telecommunications. As such, it’s a high-growth segment of the brush industry, according to a July 2023 Business Research Insights analysis of the global wire brush market. The findings: it’s expected to grow from over $553 million (USD) now to $784 million at a compound annual growth rate of six percent by 2028.

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