Recent forecasts (Hatch Consulting Group) estimate that global demand for steel could grow by a third – nearly 500m tons – by 2030, mainly driven by construction, infrastructure, automotive, energy and capital goods. So why do we hear so much negative news about this vital industry, and how can it return to profitability?
Supply chain technology is evolving to combine disparate streams of readily available data to enable active, dynamic decision-making that reduces network latency, boosts competitiveness, increases supply chain resiliency and protects profit margins. Fabrizio Brasca reports.
The latest SolidWorks World event, held at the beginning of the month in Los Angeles, CA, saw the latest installment of the globally renowned event tackle the latest approaches to technology, design and engineering. Head of international content, Tim Brown, got along to see all the latest the event had to offer.
To fully exploit the potential of connected digital technologies, manufacturers need to consider the whole lifecycle of a product: from initial design and prototyping through to full-scale production and beyond to servicing. Prof Darek Ceglarek introduces the concepts.