Bosch ensures sales remain high adverse impact earnings

Business year 2019

•Sales: 77.9 billion euros

•Result: approx. 3 billion euros

•Substantial upfront investments: one billion euros annually for the mobility of the future

•Bosch CEO Denner: “As an innovation leader, we are helping to shape the move to alternative mobility and seizing our opportunities.”

•Bosch CFO Asenkerschbaumer: “We are working on our profitability and adjusting our manufacturing capacity.”

•Artificial intelligence: training program for 20,000 associates 

Read More: http://www.industrysourcing.com/article/bosch-ensures-sales-remain-high-adverse-impact-earnings

New year is Coming | Are you ready for these new events?

Dear Customer，

Please accept the most sincere blessings and wishes of good fortune for this Chinese New Year from all of Ringier Trade Media staff.

2019 was a really rewarding year for Ringier. In this year, we’ve held 37 successful conferences in China and Southeast Asia, which explored new applications, new trends and new technologies for industries such as efficient processing of various parts and molds, laser processing technology and intelligent manufacturing and many more. Those memories and warm testimonies of our attendees provide us with strength and determination to be even better in the oncoming year.

In 2020, Ringier will continue building the accurate and efficient line of communication between the suppliers and the purchasers. Not only we will hold 34 conferences in China and Southeast Asia, but we also expand to new markets in Europe, to provide you with further opportunities.

Our main conferences in Manufacturing Industry such as:

Every year new companies are joining our events, recognizing the opportunities to connect with new business partners and the high ROI of this method. Please visit Ringier Events to find out more about our 2020 conference arrangements and mark them in your calendar! 

Furthermore, we’d like to invite you to join our 2020 Ringier Technology Innovation Awards. Founded in 2006, the goal of these awards is to support innovators and thought leaders in reaching wider industry with their accomplishments. Participation is free and the expert review process and online voting system keep the contest fair and let the industry voice their praise for those who really proved to be the leaders.

To properly celebrate entering into a new decade, Ringier team worked hard to prepare new, improved website that will be launched soon, as well as new services designed to provide you with best business opportunities in the oncoming years. Our 19 magazines and 15 WeChat public accounts keep focusing on providing you with the reliable, verified information about the latest technologies, industry development trends and how to implement them. 

We look forward to keep supporting the development of your business in 2020. 

 Ringier Events 

FARO APAC head on the future of manufacturing in the region

QUAH Beng Chieh, Head of Marketing (Asia Pacific), FARO Technologies

QUAH Beng Chieh, Head of Marketing (Asia Pacific), FARO Technologies shares with International Metalworking News for Asia about the future of manufacturing in Asia, and what they are providing to help manufacturers, as they face the ever-changing production landscape.

Change remains a constant for the manufacturing industry — with its increasingly complex market needs and requirements, and the resulting push for innovation to ensure a steady introduction of varied solutions, especially for the 3D measurement sector. Digital transformation or smart manufacturing will continue to be at the forefront of this evolution, urging manufacturers to seek out solutions that will allow them to digitise information and digitalise processes in order to improve their response to market changes.

Solutions based on advanced technology that empower customers to tap on data-driven collaborations for improved productivity are also expected to rise to prominence in the market. With 3D metrology technologies, users from a variety of markets can perform high-precision 3D measurement, imaging, and comparison of parts and compound structures within production and quality assurance processes. 3D measurement solutions feature multiple applications, enabling manufacturers to maximise efficiencies and improve existing practices. During the product and process development process, 3D metrology technologies can help manufacturers in many ways, such as ensuring alignment, conducting first article inspections, and providing reverse engineering support.

FARO is committed to our business in Asia Pacific and will constantly look towards expansion, though future growth and development will always be in tandem with business needs in the region. Within the region — besides manufacturing powerhouses like China, Japan, and India, countries like Indonesia, Thailand, and Vietnam are also growing to become manufacturing hubs of choice for corporations around the world. As the economy continues to grow, manufacturers will seek to expand their operations, optimise to reduce cost, and expand capabilities to capture new markets. We expect a rise in demand for measurement and imaging solutions to tackle evolving metrology needs, and our team will be ready to respond by educating users across the various cities in Asia Pacific, about our solutions and how their businesses can benefit from incorporating our technology, and leveraging on FARO infrastructure and support.

FARO strives to anticipate the evolving needs of its customers and of the industry, and the company consistently invests in R&D to design products that feature the most cutting-edge technologies. 

Amongst the different technologies developed by FARO, our best-selling solution is the FaroArm®. The FaroArm is capable of supporting manufacturers in measurement tasks such as 3D inspections, CAD-to-part analysis, machine alignment, and reverse engineering. The latest in the series, the FARO® 8-Axis Quantum FaroArm, is the world’s only portable metrology arm solution that features an eighth axis, which enables the workpiece to be rotated in real-time — relative to the Arm. This removes difficulties users may have previously experienced in reaching around the object, and it also eliminates the need to move the device into different locations during the measurement process.

Another versatile solution that is popular with our customers is the FARO® TracerSI Laser Projector, which allows manufacturers to eliminate the need for physical templates with virtual templating and positioning solutions. It is a first-of-its-kind, advanced laser imager and projection system that provides high-resolution image scanning capabilities throughout its entire projection volume. With this cutting-edge solution, manufacturers can streamline a wide range of assembly and production applications — especially for large workpieces.

Apart from solutions that enable manufacturers to efficiently digitise product designs and relevant 3D measurement data, solutions like the FARO® Visual Inspect can also offer manufacturers new opportunities for enhanced collaboration across departments and production processes. Using complex 3D data previously unavailable in a production line, and an augmented reality (AR) function that is suitable for all working environments, 3D inspection and verification technology like the Visual Inspect can help manufacturers streamline their processes for greater flexibility and nimbleness, while taking into account increasing cost pressures.

Hypertherm Asia regional director on paradigm shift

Aaron Zou, Regional Director of Hypertherm Asia

International Metalworking News for Asia asked Aaron Zou, Regional Director of Hypertherm Asia about the future of  manufacturing in Asia, and what they are providing to help manufacturers, as they face the ever-changing production landscape.

To be successful in today’s competitive environment, manufacturers need to consider a paradigm shift — leveraging on innovations, integrating new technologies to current processes, and building new solutions to address customer’s needs and feedback. Future economic growth and the competitive landscape will create more demand for change in the Asia Pacific region, and this change will continue to be driven by automation and digitalisation. Over the last few years, the number of solutions that encourage the introduction of automation and digitalisation to the manufacturing industry has been on the rise. Technologies that are related to the Industrial Internet of Things (IIoT) are enabling companies to build up smarter production facilities, and allowing the industry to establish a smart machinery eco-system. Moving forward, product quality will be considered a ‘standard’ feature and customers’ requests for added features will be increasingly influenced by their interaction with the product, service, or solution.

Since opening our first Asian subsidiary in Singapore in 1991, Hypertherm has been actively promoting its solutions across the Asia market, educating users on how its technologies can be beneficial to their business. With the strong cooperation we’ve forged over the years with our partners across Asia, we have observed significant year-on-year growth and expansion across different sectors in the region, including heavy machinery, construction, metal fabrication, and structural steel. As the economy continues to grow — especially in the developing markets within the Southeast Asia region, companies will continue to expand their operations, optimise processes to reduce cost, and expand capabilities to capture new markets. This will result in a continuous demand for efficient metal cutting solutions, and we look forward to new partnerships to meet those manufacturers’ cutting needs.

Automation and digitalisation embedded on the IIoT platform have given manufacturers enhanced equipment and process capabilities, but the search for solutions to improve production effectiveness with additional cost management continues.

In the last few years, Hypertherm has been addressing these industrial demands and trends with the development of a new set of plasma source and controllers, and by improving on-time operations support to customers. Hypertherm’s plasma cutting capabilities remain elevated with continual technological advances, such as the X-Definition™ plasma technology and NC industrial controller which provides real-time feedback on performance to job shops via a Wi-Fi connection — allowing users to connect to the machines with a single device (e.g. smart phone or computer) to collect data on machine performance and maintenance. With its new process technologies that deliver high cutting performance at optimal costs, the X-Definition’s XPR plasma system is a stellar example of how Hypertherm is able to address the challenges ahead for manufacturers in today’s competitive landscape. In addition, Hypertherm also offers a wide range of solutions for automation and portability, including the new sets of our robotic cutting tools and applications, delivered by our new rotary sleeve mechanical solution and the introduction of our off-line robotic software.

Apart from reinventing our cutting systems and software consistently, Hypertherm is also always focusing on great overall end user experience. One example is providing customers with a full suite of preventive maintenance service measures — including complete systems check and timely recommendations on replacement of consumables or parts. This service helps customers to ensure the consistency of their machines and worry less about machine downtimes — allowing them to focus fully on production processes instead. In addition, customers can also learn more about proper plasma cutting operation and best practices for preventive maintenance from our team of experts. All in all, our customers can tap on the preventive maintenance program to maximise productivity, while minimising the operating costs of their cutting systems.