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?
It is a formula as old as business itself – the bribe, the backhander that greases the wheels of commerce. Rolls-Royce has recently learned to its great cost, however, that nowadays it is also a ticket to massive fines and reputational damage.
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.
BMW Group, Intel and Mobileye are set to test a fleet of 40 autonomous vehicles later this year as part of a joint partnership between the three companies in a huge step towards making autonomous driving a reality.
Autodesk and Taxal recently conducted an in-depth research study into how the Internet of Things is set to transform manufacturing over the coming years. Jonny Williamson catches up with Taxal’s Allan Behrens to go through the findings and the wider implications.
British-based global engineering business, Nasmyth Group is celebrating the success of its overseas operations with the delivery of its one millionth precision machined component manufactured in India.