If the dynamic nature of the medical device industry drew you to it, you’re going to enjoy 2017. While many of 2016’s challenges – cybersecurity risk and merger mania – will continue this year, transformations are on the horizon.
Impossible Objects LLC, a Chicago-based company, has developed a new manufacturing technology for composites, called Composite-Based Additive Manufacturing (CBAM). This technology can produce Carbon Fiber Reinforced Plastic (CFRP) or Polymer Matrix Composite (PMC) parts. High degree of build flexibility is one of the primary advantage the CBAM technology offers. The process can be used with carbon fiber, fiberglass and Kevlar composite sheet material and a number of high performance thermoplastic matrix materials including HDPE, nylon 6, nylon 12 and PEEK materials.
Operational Excellence (OE) is executing in an efficient and effective manner across the value chain with a focus on delivering value to customers. The Operational Excellence program provides a framework to understand why and how performance needs to improve. The road to achieving operational excellence is by identifying value chain business processes, identifying strengths/weaknesses of them (based on key measurements and benchmarks) and redesigning these processes to align with corporate / strategic goals and ensure that organizations, resources and assets are utilized in the best possible manner.
#industry40 tranformation is very similar to LEAN transformation and hence companies can use similar strategies to achieve untapped productivity and profitability gains
#robot revolution is coming as a result of "fourth industrial revolution" #industry40, #wef world economic forum experts review potential economic implications.....