Valuable Lessons I’ve Learned About Businesses

Manufacturing in 2017

It is very inevitable that as time goes by, manufacturing technologies evolves quickly and it seems like they are going to be at their fastest this 2017. For one, manufacturers are rushing to include advances in technology, such as artificial intelligence and advanced analytics, in their manufacturing processes. Indeed, one of the reasons why the manufacturing sector changes is the impact of these new technologies.

You also have to keep in mind that global political climate matters too since they also impact the sector. Of note are the recent changes in administration in the US and European politics, especially the Brexit vote. You surely need to read this article in order to be updated on what is ahead of your 2017.

Trade tensions is one of the things that will be undergoing some advancement this 2017 since the recent political changes in both the US and Europe has surely put a freedom to the international trade. One of the example of change that happened is the presidency of Donald Trump. Donald Trump had also issued a statement that he is not eager on some of the trade meals 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. Thanks to the Trump Administration, the TTP is as good as dead. 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. The withdrawal of U from European Union has also affected the relationship between several European countries. In fact, experts believe that companies will need to negotiate with each other for up to a decade to normalize relations. This explains why small business manufacturers need to adapt new business environment so that there will be a good relationship with each other.

The CMMS can also be called as the Computerized Maintenance Management System will surely have a great makeover in the year 2017. To keep the manufacturing process moving, businesses must conduct routine maintenance. This can be compared to fixing a broken window to repairing a manufactured tool. Sometimes, the maintenance that a company can offer is not enough, thus, it is really important that the maintenance increases its efficiency, profits and the production line’s lifespan.

Maintenance data are now a part of the CMMS system.