How much is data worth to your business? According to a study by Boston Consulting Group (BCG) and the World Economic Forum (WEF), manufacturing companies could save billions by combining their digital records. This article explains the opportunities sharing data creates for manufacturers and the obstacles they may encounter.

While big data and artificial intelligence (AI) are changing the face of industry, BCG and WEF’s research has found they also could produce benefits worth $100 billion for businesses worldwide. This conclusion is based on a survey of 996 manufacturing managers by calculating the savings their various suggestions could bring to manufacturing companies.

Data sharing is considered a viable opportunity by manufacturing managers. Of those surveyed, 72% thought sharing data with other manufacturers would improve operations, while 47% believed optimized assets are the biggest benefit of sharing data more widely. How can this contribute toward billions in savings?

CNC stands for Computer Numeric Control. A CNC is an automated manufacturing technique that allows for fast, efficient and repetitive cutting, boring, drilling, machining and fabricating of material by computer-controlled devices. A CNC machine consists of a mini or micro computer that acts as a controller of the machine. All cutting processes are carried out by a range of complex machining tools that are directed by instructions fed into the computer.

Once a particular part has been designed and instructions for machining it have been written, a CNC machine is programmed with those instructions. Raw material is fed into the machine, the setup is completed and the computer does everything else: rotating the part, cutting off various layers, drilling holes to desired depths, even changing cutting bits automatically. Identical parts can be machined over and over, with little or no variance.

The basis of each CNC project is a 2D or 3D CAD drawing which is translated into computer code for the CNC machine to execute.

One of the repair services we provide for our customers at Radwell International is CNC spindle drive retrofits. This service is something that is designed to not only provide cost savings for our clients but also extend the life of a CNC machine tool without requiring an entire machine retrofit. We recently caught up with Mark Councilman, the CNC Sales Manager at Radwell International, based out of our Arlington, Texas location. Mark is a CNC Subject Matter Expert and has been working in the CNC area for 17 years. We had the chance to discuss a bit about CNC machines and how CNC Spindle Retrofits can save time and money for a manufacturing environment.  

What is your role at Radwell International?

My role as CNC Sales Manager is to develop & implement strategies for production, distribution, inside/outside sales, and marketing that position Radwell as a leader in the CNC support market. Currently, my day includes gathering information as I research the CNC market. Typically, I’ll review and validate current pricing on the website and process requests for CNC parts as they trickle in from ASM’s, ISM’s, and customers. I might reach out to Alan Gage with an opportunity for Radwell Verified Subs, and/or seek support from Todd Radwell for a list of parts that should be targeted for pre-certification. The facilities I worked in specialized in exchange and repair of motors, drives, power supplies, CRT’s, and control boards for the CNC market. That's how I came to be considered a subject matter expert in this area.