In solar, saving money from start to finish is crucial. While headlines like, “2016 was the year solar panels finally became cheaper than fossil fuels,” can be exciting for the industry, it’s also a pain point for many manufacturers and solar panel mounters.
A record-setting 20,000 solar energy professionals and 600 leading manufacturers gathered for four days in Las Vegas for this year’s annual Solar Power International (SPI). This year’s tradeshow included everything from educational solar 101 sessions, to more in-depth discussions about the Sunvia trade case.
A lot happened at this year’s SPI, so we’ve outlined key takeaways below.
When it comes to manufacturing, time is money.
Chances are, you’re not hard-pressed to find a metal fabricator that offers the capabilities and services to fit your needs. But what other qualities should you look for in a metal fabrication partner? What sets a company apart from the rest?
Below are five characteristics to help you distinguish a competent fabricator from an exceptional metal fabrication partner.
3D printing is the next industrial revolution. The additive manufacturing industry (also known as 3D printing) grew 26 percent to $5.2 billion in 2015, according to a Forbes breakdown of the Wohlers Report 2016. And the market is showing no signs of slowing down.
There’s no room for complacency in the engineering world. Today’s engineers must continually expand their knowledge and explore the latest trends in technology to adapt to the rapidly changing industry environment.
Controlling labor costs can be difficult, especially when you’re pressed for time and working with a tight budget.
Labor costs can account for 50 to 70 percent of a company’s entire warehouse budget, which is why it’s no surprise that there is immense pressure to adopt new cost-controlling processes.
The global steel market is currently producing more than 2,300 million metric tons (MT), yet, global demand is only at 1,500 MT. Furthermore, an additional 352 MT capacity is planned for this year. That’s a lot of excess, and it’s affecting U.S. companies, workers and the global steel market. So what’s going on?
Every business faces the challenge of balancing costs when starting a new fabrication project, and tooling is a major cost consideration.
However, there are a number of ways you can approach tooling arrangements: partial tooling ownership, “free” tooling or amortized tooling. While there are benefits to each option, cost amortization allows you to maintain full ownership of your tooling, which means no hidden fees, just real values.
Need to be convinced? See why amortization is the best choice when it comes to tooling costs.
Headlines like “How to Keep Your Job When Robots Take Over,” and “Industrial robots will replace manufacturing jobs — and that’s a good thing,” only serve to confuse us about the future state of manufacturing. Are robots in manufacturing something to be excited or worried about?