Market trends and business perspectives
By Gabriel Smith, chief evangelist at Pricefx
Eliminating pricing waste: Overall Pricing Effectiveness (OPE)
There is an even more effective means to improve profitability than variable cost reduction.
In fact, according to many studies, improving variable cost typically results in a <8 per cent improvement in profitability whereas improving price results in an >11 per cent improvement in operating profit. [Read more…] about Automation 2020: Manufacturers Adopt Overall Pricing Effectiveness
Groupe PSA is testing vehicle-to-infrastructure (V2X) technology for the first time in the Spanish city of Vigo.
The company has been partnering with the Automotive Technology Centre of Galicia on the testing, and the results are intended to help the development of automated vehicle functions.
The aim is to see how well vehicles can communicate with the surrounding infrastructure in a complex urban environment. [Read more…] about Groupe PSA tests vehicle-to-infrastructure tech in Spanish city
Baumüller, a drive and automation systems manufacturer, has received an order from Lemo Maschinenbau to design a cost-optimized, efficient and sustainable foil bag machine that also affords the manufacturer maximum flexibility and quick commissioning in the production process due to its modular structure.
Baumüller says its engineering specialists were able to meet Lemo’s requirement for modularity and a work cycle increase with the help of a new automation concept.
Among other things, a modern and streamlined drive and control architecture was used for this purpose. This means an integrated fieldbus system, minimum number of devices and a reduced control structure. [Read more…] about Baumüller and Lemo to partner on building brand new bag machine
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