Vendor-managed inventory (VMI) programs have been around for decades. But, not all programs are created equal. The difference between good and great programs involves a host of variables.
People are imperfect, but, on occasion, they can perfectly perform a complex task. A pitcher can toss a perfect game in baseball. A gymnast can earn a 10.0 in international competition. A student can ace an exam.
America's newest national park recently opened on the South Side of Chicago. The Pullman National Monument celebrates the unique history of a company that mass-produced freight and passenger rail cars at the site from 1881 to 1981.
All-wheel drive (AWD) technology has taken the automotive world by storm in recent years, because of its ability to effectively transfer power to the ground. Today, many sport utility vehicles use AWD for better acceleration, performance, safety and traction in all kinds of driving conditions.
Preparing existing automotive factories to assemble electric cars requires comprehensive modernization. Certainly, this was the case at Volkswagen's assembly plant in Zwickau, Germany.
Bus bars are an essential component of electric vehicles. This metallic strip or bar efficiently distributes electrical power from high-energy battery packs to electric motors and other devices.
Traditionally, aircraft manufacturers have been reluctant to adopt robots and other types of automation. One of the main challenges is that large plane parts come with relatively high geometry deviations, so robots need sensor guidance.
Ask the typical American about automobile history and you're likely to hear the name "Henry Ford." Pose the same question to a Brit, however, and get ready for an answer of "Morgan Motor Co. (MMC)."
Steel has been, is now, and will continue to be the predominant material for vehicle structures and body parts, such as doors, hoods, liftgates and fenders. But, other materials, such as aluminum, magnesium, plastics and composites, are becoming increasingly important.