It won’t be long until we come together in Chicago for IMTS, the world’s stage for advanced manufacturing technology. Just like you’d expect, there are plenty of exciting features coming to the show.
One featured display within AMT's Emerging Technology Center at IMTS will be the Additive Manufacturing Integrated Energy (AMIE) demonstration from Oak Ridge National Laboratory. AMIE is a 3D printed vehicle and building that connect to create an integrated energy system, developed as a potential solution to reduce demand on the existing energy grid and lessen fossil fuel usage from autos.
The ETC will also feature a display of medical prostheses and artificial organs made with additive manufacturing, in addition to the unveiling of AMT’s newest software app that tracks advancements in manufacturing technology.
These are all important developments that show not just the technical prowess of advanced manufacturing, but also the very real ways that our industry creates a better way of life and solutions to our biggest challenges. As an industry, everyone can take pride in that. IMTS is a place to experience it like nowhere else.
Defining success in an evolving industry
The 2016 Global Manufacturing Competitive Index, produced by Deloitte and the Council on Competitiveness, examines the drivers behind competitiveness in manufacturing at both a country level and company level, and which countries are likely to be the most competitive in the coming years. The data were compiled through survey responses from more than 500 senior manufacturing executives worldwide. The study was also published in 2010 and 2013.
Key takeaways: CEOs say advanced manufacturing technologies are crucial to leveraging future competitiveness, and the shift to higher-value advanced manufacturing gives an advantage to traditional manufacturing powerhouses: The United States, Germany, Japan, and the United Kingdom. While China currently tops the index rankings for manufacturing’s most competitive country, the United States (currently No. 2) is expected to take over that top spot by 2020.
The surveyed CEOs listed a few specific drivers that can help companies leverage a strong competitive position: talent, cost competitiveness, productivity, and supplier network. Minding those factors within a strategic plan can improve a company’s chances of success.
The report is worth a read with many good insights on the state of global manufacturing. It’s available here: http://bit.ly/2abi6cr.
What are you looking forward to at IMTS? Contact me at pbrown@AMTonline.org.