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How Well Do Manufacturers Perform This 2017?

Manufacturing technologies are evolving fast, but never as fast as they as will in 2017. 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.

One factor that also impacts the sector is the global political climate. The US and European politics surely is a part of the recent changes that needs to be noted. For a deeper look into these and more manufacturing trends to watch out for in 2017, read on.

Trade Tensions – Recent political changes in both the US and Europe have put the freedom of international trade in question. Donald Trump being the president in the year 2017 could also bring a lot of change. 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. The TTP is now good as dead because of the administration of Donald Trump. A deal with Europe which is the Transatlantic Trade and Investment Partnership is also at risk in the administration of Donald Trump. The future of the TTIP is still not sure and is still uncertain even though it is not yet dead. In Europe, on the other hand, the biggest political change has been the withdrawal of the UK from the European Union. The withdrawal of UK from the European Union has surely made withdrawals complicated especially between UK and the continental Europe. Another bad thing from this withdrawal is that, many European countries has also been affected by the withdrawal of UK from European Union. 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. In order to keep the manufacturing process moving, it is important that routine maintenance will be conducted by businesses. Repairing a manufactured tool and fixing a broken window can be comparable in this process. It is important that maintenance increases efficiency, profits and the lifespan of a production line even though the company undertakes a specific kind of maintenance.

Maintenance data are now a part of the CMMS system.