T he automotive industry faces unprecedented challenges in its supply chain management. This is due to factors such as raw material shortages, transportation disruptions, energy price hikes, currency fluctuations and pandemic lockdowns. These challenges have exposed the vulnerabilities of the current supply chain model. The existing supply chain relies heavily on just-in-time inventory practices and global sourcing of critical components such as semiconductors.
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How Industry 4.0 will reinvigorate UK manufacturing
I n manufacturing technology, there is a current trend in data exchange and automation called Industry 4.0 (pronounced four point zero). It mainly comprises the internet of things, cognitive computing, cyber-physical systems, and cloud computing. Industry 4.0 is also called the fourth industrial revolution. Industry 4.0 is about digitisation that brings the physical and virtual worlds closer together. This ensures that each learns from one another. Although Industry 4.0 has set out to transform how companies approach business, the UK is lagging in this. As a result, it has a hurdle to climb to keep up with other European countries and other international countries.
Diesel engine – is it dying or not? Have your say!
N ow the question is, is there any way back for the diesel engine in the UK market? To get the right answer to this question we need to consider a lot of things, according to a European commissioner that said, ‘Diesel cars are finished’. Not everybody will accept his claim, but let’s review a few things and then consider if there is any future hope for the diesel engine in the UK market.
Midlands based Pressmark joins leading industry network
Pressmark Pressings has joined the leading Midlands manufacturing and engineering membership group Made in the Midlands (MIM).
Pressmark celebrates MBI anniversary with £2m sales boost
A Warwickshire-based metal forming specialist is celebrating a major transformation in fortunes just one year after a Management Buy-In (MBI) was completed with a sales boost.