May 16, 2020

Turnkey manufacturing device to be unveiled at IMTS 2016

Shop Floor Automations
IMTS
Manufacturing
machine monitoring software
Nell Walker
1 min
Turnkey manufacturing device to be unveiled at IMTS 2016
Shop Floor Automations Inc has announced the release of the Multi Connect, a turnkey device that monitors a machine's operating state and essential...

Shop Floor Automations Inc has announced the release of the Multi Connect, a turnkey device that monitors a machine's operating state and essential data. It also makes monitored information available digitally, using the industry-standard MTConnect protocol.

The new tool will be officially unveiled at IMTS 2016, which is held in Chicago, USA, and runs between the 12th and 17th of September.

The Multi-Connect consolidates the jobs of two devices into one, and is compatible with a wide array of machine monitoring software packages. 

Its software connects to a variety of equipment via built-in digital I/O, overlaid on existing signals for monitoring cycle start, cycle stop, alarm, and status indictors such as stack lights. These inputs support 10 to 30 VDC signals and may be configured to detect on/off/pulse-type signals. The user can then map the data signals to the MTConnect standard data items.

The device is small and compact, designed for direct machine mounting, and packaged in a compact metal chassis. The unit accepts 12 to 48 VDC input power, while all models are equipped with redundant power inputs to ensure uninterrupted operation.

The Multi Connect also features a MicroSD slot for configuration backup, and wireless functions for flexible integration.

 

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Jun 8, 2021

IMF: Variants Can Still Hurt Manufacturing Recovery

IMF
Manufacturing
COVID19
Musk
Elise Leise
3 min
The International Monetary Fund (IMF) claims that while markets are rising and manufacturing is coming back, it’ll push for global immunisation

After a year of on-and-off manufacturing in the US, UK, and the eurozone, demand for goods surged early last week. Factories set growth records in April and May, suppliers started to recover, and US crude hit its highest price point since pre-COVID. As vaccination efforts immunise much of the US and UK populations, manufacturers are now able to fully ramp up their supply chains. In fact, GDP growth could approach double-digits by 2022

Now, the ISM productivity measure has surpassed the 50-point mark that separates industry expansion from contraction. Since U.S. president Biden passed his US$1.9tn stimulus package and the UK purchasing managers index (PMI) increased to 65.6, both sides of the Atlantic are facing a much-welcomed manufacturing recovery. 

Lingering Concerns Over COVID

Even as Spain, France, Italy, and Germany race to catch up, and mining companies pushed the FTSE 100 index of list shares to a monthly high of 7,129, some say that UK and US markets still suffer from a lack of confidence in raw material supplies. Yes, the Dow Jones has made up its 19,173-point crash of March 2020, and MSCI’s global stock index is at an all-time high. 

Yet manufacturers around the world realise that these wins will be short-lived until pandemic supply chain bottlenecks are solved. If we keep the status quo, consumers will pay the price. In April, inflation in Germany reached 2.4%, and across the EU’s 19 member countries, overall prices have increased at an unusual pace. Some ask: Is this true recovery? 

IMF: Current Boom Could Falter

Even as Elon Musk tweeted about chip shortages forcing Tesla to raise its prices, UK mining demand skyrocketed; housing markets lifted; and the pound sterling gained value. The International Monetary Fund (IMF), however, cautioned that manufacturing recovery won’t last long if COVID mutates into forms our vaccinations can’t touch. Kristalina Georgieva, Washington’s IMF director, noted that fewer than 1% of African citizens have been vaccinated: “Worldwide access to vaccines offers the best hope for stopping the coronavirus pandemic, saving lives, and securing a broad-based economic recovery”. 

Across the globe, manufacturing companies are keeping a watchful eye on new developments in the spread of COVID. Though US FDA officials don’t think we’ll have to “start at square one” with new vaccines, the March 2021 World Economic Outlook states that “high uncertainty” surrounds the projected 6% global growth. Continued manufacturing success will in large part depend on “the path of the pandemic, the effectiveness of policy support, and the evolution of financial conditions”. 

Mathias Cormann, secretary-general of the Organisation for Economic Co-Operation and Development (OECD) concurred—without global immunisation, the estimated economic boom expected by 2025 could go kaput. “We need to...pursue an all-out effort to reach the entire world population”, Australia’s finance minister added. US$50bn to end COVID across the world, they imply, is a small investment to restart our economies.

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