Process
Choosing the “right” drill normally means a tool that perform for longer and produce better quality holes, particularly in tough materials.
The Right Way to Diversify Manufacturers need the right tools and calculations to embrace new revenue streams By: James Thorpe, Product Manager at Sandvik Coromant
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here will be a “next normal” for manufacturers in the wake of COVID-19 — that’s according to a report published by McKinsey & Company. With losses of revenue in some sectors while others experience unexpected spikes in demand, the crisis is forcing manufacturers to diversify. McKinsey & Company’s COVID-19: Briefing note report predicts manufacturers can expect “lasting shifts in customer markets” and that resilience will be needed if manufacturers are to “to navigate an economically and socially viable path.” In other words, they must diversify to survive.
22 | IMD | Q2 2021
Fortunately, today’s engineers are well-versed in mixed production, and most have evolved far beyond the low-tech stereotype of “Fred in his tool shed”. That said, diversifying production is not without it challenges. Choosing the right tooling solution is essential for facilitating changes in production. This is particularly essential for engineers that work with tough materials like duplex stainless steels, Inconel or heat resistant super alloys (HRSAs) and companies that work with multi-materials. Operations like this require optimized tools with carefully calculated cutting data. Drilling tools are a prime example. Drill
