• Digital Transformation

New Digital Ecosystems for the Major Challenges in the Industry

  • Digital Transformation

Interview with MHP, A Porsche Company

5 Questions Surrounding Manufacturing Processes for Economies of Customization

  • Advanced Manufacturing
Humans have been manufacturing goods for centuries. What began as people making tools for personal survival has turned into highly automated processes producing consumer goods on a global scale. Now that we’ve become efficient in manufacturing at scale, the market is demanding customized products. This changes the way we think about processes throughout the manufacturing facility and leads to tremendous innovations in manufacturing technology. Here are some questions and answers surrounding the advantages of such technologies.

Smart pricing

  • Advanced Manufacturing
It is generally quite difficult to know exactly how much each process contributes to a product’s value chain. The sheet metal world is not immune to the difficulty of estimating the right price for the product. There is an infinite number of processes that add value to a product: material used, scrap generated, cutting time, consumables used, labor associated with production, miscellaneous indirect costs, etc.