Changing Times Offer New Opportunities

When folk singer Bob Dylan wrote the lyrics to his iconic song, “The Times They Are A-Changin,” in 1963, it’s a safe bet he wasn’t thinking of the business world. But, there might not be a better description of the rapid changes underway or on the horizon for business and procurement. CPOs should be studying those changes to see how they can take advantage of them.

 

Some of the changes have received wide attention, such as increased connectivity across the supply chain, the potential of big data for predictive analysis, and the new skills and mindsets the next generation of procurement professionals will bring to the function. But there is much more. Here are two other items to consider:

 

  • New methods of manufacturing. 3D printing technology, or additive manufacturing, is changing the way engineers design parts and manufacturers make them. Once used to speed up prototyping, the technology is now used to make some airplane parts and components of satellites. Essentially, it’s a system for building three-dimensional parts by laying down successive layers of liquid or powder by computer. Some say it could spell the end of the traditional factory. Procurement executives need to work with their engineering colleagues to understand the uses of this and other breakthrough technologies so they can better evaluate suppliers and advise design teams.

  • New paths to innovation. CPOs should be constantly looking at ways to draw out innovation from the supply chain. There may be some offbeat ways to do that. One is

    Article source: http://www.procurementleaders.com/blog/my-blog--paul-teague/2015/05/11/changing-times-offer-new-opportunities

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Astronics Corporation’s (ATRO) CEO Peter Gundermann on Q1 2015 Results …

Question-and-Answer Session

Operator

[Operator Instructions]. And our first question comes from the line of Kevin Ciabattoni with KeyBanc. Please go ahead with your question.

Kevin Ciabattoni

Hi, good morning guys. Thanks for taking my question.

Peter Gundermann

Good morning.

Kevin Ciabattoni

Pete, just looking at your last quarterly call, kind of late mid-February, it sounds like the deliveries in Test completed in 2014 and obviously I understand the timing of it. I guess, I’m just trying to understand did something change between that February conference call and the end of the quarter, because obviously you were a little bit more than half way through the quarter there at that point.

And it seems like you should have had a good grip on this shipment in 1Q at that point versus what they’ve been in 4Q in the past. Just kind of wondering if the cadence changed partly through the quarter or if it just wasn’t communicated well?

Peter Gundermann

Well, I was hoping to get it to at least the second or third question before we got to this topic. But we basically didn’t communicate it well. And to be honest when we come to a year-end we are pretty much all hands on deck trying to close the previous year especially a year like we had last year.

And we gave some indication that we thought the first quarter was going to be lighter and we were going to build later in the year. But we weren’t as specific as I think we need to be. So

Article source: http://seekingalpha.com/article/3176306-astronics-corporations-atro-ceo-peter-gundermann-on-q1-2015-results-earnings-call-transcript

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GE Prepares For Industrial Internet With Cloud Foundry

Analysis of big data from industrial machines is creating new business models, but GE Software CTO Harel Kodesh sees even more disruptive business models on their way.

8 Linux Security Improvements In 8 Years
(Click image for larger view and slideshow.)

GE has a strategic vision of the Industrial Internet, and Harel Kodesh, CTO of GE Software, attempted to explain to Cloud Foundry Summit attendees the difference between that vision and the consumer Internet: “Connected toothbrushes, rice cookers, flashing belt buckles — that’s not what we’re talking about.”

Instead, he means the 20 billion sensors that GE has attached to products that it has built and installed for customers, and that it expects to last for 30 or 35 years — machines such as hydroelectric turbines, airplane engines, and wind turbines. Combine that equipment with the data that the likes of Caterpillar, John Deere, General Motors, Ford, and Boeing would like to collect, and you’ll have something approaching the Industrial Internet. “When you realize the intensity and volume of data — petabytes and petabytes — it dwarfs the consumer Internet,” Kodesh said.

For him to appear at a consumer conference, he said, would be like “a crop duster showing up at an organic gardeners’ convention,” he told the 1,570 attendees of the summit held this week in Santa Clara, Calif.

New business models take off.(Image: GE)

Article source: http://www.informationweek.com/software/enterprise-applications/ge-prepares-for-industrial-internet-with-cloud-foundry/d/d-id/1320400

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Product Critiques and High Blood Pressure Levels Details When You Need It

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GE 3D prints a working RC jet engine

General Electric this week revealed that it has completed a multi-year project to print a working jet engine.

The engine, small enough to fit in a backpack, was built by a team of technicians, machinists and engineers at GE Aviation’s Additive Development Center outside Cincinnati. The lab is working with additive manufacturing as a way to produce next-generation jet parts using a technique known as (DMLM).

GE 3D printed jet engineGE

The many parts of the 3D printed jet engine.

The engine also required some post-printing machining and polishing of parts. The research team then rigged up a data acquisition system to measure exhaust temperature, speed and thrust.

The engine, which consisted of more than a dozen parts, was printed on an M270 industrial 3D printer from EOS. The machine can melt a variety of alloys, including cobalt chrome, nickel alloy, titanium and stainless steel.

The M270 3D printer allowed the GE engineers to use high-temperature alloys not typically available to the radio-controlled engine industry. The resulting engine from GE’s 3D printing process endured numerous tests and the turbine achieved 33,000 rpm.

GE 3D printed jet engineGE

The jet engine’s parts being printed using direct metal laser melting. At the bottom left, the laser can be seen melting the powedered metal alloy.

The GE research team had been working on the engine for several years. The researchers have already build working aircraft components using the DMLM 3D printing method, including

Article source: http://www.computerworld.com/article/2921583/3d-printing/ge-3d-prints-a-working-rc-jet-engine.html

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LACMA to show Chris Burden’s last finished work, ‘Ode to Santos Dumont’

In early January, artist Chris Burden gathered a small group of friends and colleagues in an airplane hangar in Camarillo to witness his newest sculptural installation, “Ode to Santos Dumont,” take flight.

It was a beautiful, clear afternoon, and as shards of sunlight shot through the space, the 40-foot-long white balloon floated ethereally around the room. Burden stared up at it, clearly proud of the fusion of science, engineering and art, said Paul Schimmel, a close friend who was there.

Remembering Chris Burden: 'Testing the limits of everything,' friends say

“He was kind of loving that magic space between him as a kind of engineer and him as a kind of intuitive visionary,” said Schimmel, formerly chief curator at the Museum of Contemporary Art. “It had this kind of intimacy to it, this beautiful, slow propeller whirring. It flew at a human pace, almost like walking — it was elegant and poetic.”

The piece would be Burden’s last finished artwork. The 69-year-old conceptual artist died Sunday at his home in Topanga Canyon.

“I took a little video that day, during the test flight, and Chris said, ‘Don’t show it to anyone or post to Facebook!'” Schimmel said. Despite the bravado often involved in his performance art, Burden was famously private in his personal life. His diagnosis of malignant melanoma was kept secret from all but a tight circle of friends and family members.

A wider audience will be able to see “Ode

Article source: http://www.latimes.com/entertainment/arts/la-et-cm-chris-burden-santos-dumant-lacma-20150512-story.html

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South St. Paul model aircraft fans lose the airfields – TwinCities.com

Vergel Mariano and his friends are looking for a new home to pilot their planes.

Mariano is among of group of about a dozen radio-controlled model aircraft hobbyists who have used a strip of land at Kaposia Landing in South St. Paul for nearly a decade.

“It’s been a great spot for us,” Mariano, of South St. Paul, said last week while piloting his battery-powered Styrofoam plane at the park, which is near the Mississippi River and features a regional trail and an off-leash dog area.

But the hobbyists’ days in all South St. Paul parks are coming to an end. This week, a city ordinance takes effect at 15 city parks banning radio-controlled aircraft, including traditional airplanes, helicopters and drones.

South St.

 Oliver Moore, 10, flies his radio-controlled airplane in South St. Paul as Cora Grissom, 8, watches, on Sunday, May 11, 2015.  (Pioneer Press: Scott Paul officials passed the restriction amid complaints from other Kaposia Landing users, as well as plans to develop the park into a more active recreational area with baseball and softball fields, an amphitheater and more.

Flying radio-controlled model aircraft is an activity that just doesn’t fit anywhere in South St. Paul’s park system, said Chris Esser, the city’s parks and recreation director.

“We just don’t have the real estate anywhere,” he said.

In April, before

Article source: http://www.twincities.com/localnews/ci_28093453/south-st-paul-model-aircraft-fans-lose-airfields

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