it Out- Many
companies know that doing everything themselves is not always the best business
decision. Sometimes finding the experts to do a specific aspect of design or
manufacturing is the more economical and ultimately profitable route to take.
When a company outsources, they can focus on their own core competencies, devote
more time to their customers, and move products out the door
Outsourcing Holds Promise and Challenges- It s no easy task. Companies
that outsource parts of design projects already get the advantage of outside
expertise and the luxury of concentrating on their own core competencies -very
compelling advantages that can make them more productive. Indeed, outsourcing is
a proven necessity for some companies in order to stay competitive. And, when
outsourced work goes to other domestic companies, the entire economy benefits,
some economists say. But the economy only benefits if manufacturers are able to
effectively manage the outsourced work.
Altair has released an update of its HyperWorks computer-aided engineering simulation suite that includes new features focusing on four key areas of product design: performance optimization, lightweight design, lead-time reduction, and new technologies.
At IMTS last week, Stratasys introduced two new multi-materials PolyJet 3D printers, plus a new UV-resistant material for its FDM production 3D printers. They can be used in making jigs and fixtures, as well as prototypes and small runs of production parts.
In a line of ultra-futuristic projects, DARPA is developing a brain microchip that will help heal the bodies and minds of soldiers. A final product is far off, but preliminary chips are already being tested.
Focus on Fundamentals consists of 45-minute on-line classes that cover a host of technologies. You learn without leaving the comfort of your desk. All classes are taught by subject-matter experts and all are archived. So if you can't attend live, attend at your convenience.