World-class procurement organisations remain highly focused on achieving optimal performance. Technology has always played an important role in enabling world-class performance, but procurement is now at an inflection point. World-class organisations can continue to reduce costs by embracing digital technology, while the peer group can leverage the same technology to catch up faster at less cost.
Digital transformation differs from previous approaches to technology-enabled change in many ways. It creates new ways of doing things. In the past, technology-enabled change predominately aimed at replacing manual processes and making them faster and more efficient. While the push to reduce cost and increase efficiency is on-going, as we move into the digital era, technologies like predictive analytics, social media, robotic process automation (RPA) and artificial intelligence (AI) are not only changing the speed and efficiency of processes but creating entirely new avenues for doing things.
Digital transformation is customer-centric. Past technology-driven transformations automated processes within and between enterprises. In contrast, digital transformation uses technology to engage internal and external customers through interactive cloud-based tools and portals, to provide better service to stakeholders, and to leverage big data and predictive analytics for better, faster insight.
Digital transformation increases the velocity of change. Not only have the speed and nature of technological change accelerated as new types and combinations of technologies are launched at a fast pace, but the speed of adoption has also risen dramatically.
The imperative
Bu hikaye ET Polymers dergisinin February - March 2020 sayısından alınmıştır.
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Bu hikaye ET Polymers dergisinin February - March 2020 sayısından alınmıştır.
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The Changing Face Of Mobility
A brief look at the salient points on how plastics is transforming automotive manufacturing
Nippon Launches Weatherbond PRO
Nippon Paint (India) Private Limited (Decorative Division) Asia’s leading paint manufacturer launched the advertising campaign for Weatherbond PRO – the high durable exterior emulsion offering up to 15 years of protection against extreme climate conditions like prolonged exposure to heat, and heavy spells of rain. Based on extensive research done by Nippon Paint’s R&D team, this product was developed for customers who need advance protection for their home exteriors in terms of extended fresh look, strong waterproofing and protection from Algal and Fungal attacks.
Low-Pressure Molding Adopted Across Industries
Henkel’s Technomelt Low-Pressure Molding technology meets demands for encapsulation of electronics and medical components
TotalEnergies and Jindal Films To introduce Certified Circular Polypropylene
TotalEnergies and Jindal Films have joined forces to produce more sustainable flexible food packaging and labels. Using advanced recycling technology from Plastic Energy, TotalEnergies will supply Jindal Films with Certified Circular Polypropylene produced from postconsumer plastic waste. This new value-chain collaboration will divert plastic waste currently destined for incineration and landfill because it is too complex to recycle through existing schemes.
Lenzing's VEOCEL™ Brand Launches Hydrophobic Lyocell Fibres With Dry Technology
In its quest to drive greater sustainability in the personal care and hygiene industry, the VEOCEL™ brand has launched a new offering: VEOCEL™ branded lyocell fibres with dry technology which are naturally smooth and gentle on skin, ensuring comfort for sensitive skin. Absorbent hygiene products are an indispensable part of many consumers’ lives and are relied upon daily. As these are essential items, it is important that they should offer maximum comfort and relief to the user. This is demonstrated by the new VEOCEL™ branded lyocell fibres which have the capacity to provide a high level of comfort, softness and dryness, when applied in these types of products.
Simulating Injection Molding for Efficiency
Producing high-quality, plastic injection-moulded parts more quickly and cost-effectively has become a critical factor for manufacturing success in today’s global market. Instead of engaging in slow, expensive prototype iterations and test cycles to satisfy manufacturing requirements, designers, mold makers, and manufacturing professionals can leverage SOLIDWORKS® Plastics mold-filling simulation software to optimise parts for manufacturability, refine tooling to improve quality and shorten cycle times to reduce manufacturing costs
Leveraging 3D Printing for optimised Injection Molds
A guideline from Formlabs on the factors to consider before using stereolithography (SLA) 3D printed molds in the injection molding process to lower costs, reduce lead times, and bring better products to market
iglidur I151 for FDA-compliant, Detectable, Wear Resistant Parts In Food Technology
igus has developed a blue, food-compatible tribo-filament for cost effective 3D printing of special parts. iglidur I151 is blue, prints easily, and has an optimal coefficient of friction and wear. The new tribo-filament is a refinement of the easy-to-machine igus iglidur I150 all-rounder filament. Because it is blue, it can be used to manufacture special parts that are optically detectable in the food industry. Food compatibility according to the FDA and to EU Regulation 10/2011 also qualifies the high-performance polymer for use in the food and cosmetics industries.
Exceptional Warpage Control
SABIC’s new LNP™ THERMOCOMP™ compounds deliver exceptional warpage control
Digital Transformation in Plastics
Automation in the plastics industry is becoming more complex, the pace of innovation is accelerating, and competitive pressure is increasing. Open and safe automation makes it possible to combine traditional mechanical engineering with the latest Industry 4.0 technologies – Lets take a look at how Industry 4.0 is transforming the plastics sector
