MODERNIZATION OF PUNCHING TECHNOLOGY, PUNCHING MACHINE EPU32
The globalization of different levels complexity product markets, communication and transport links and outstanding ease and availability of delivery services impose a simple question - how enterprise in Bosnia and Herzegovina can remain competitive in a seaway dynamics of an economy? Specific challenges have been set to small and medium enterprises that used to be competitive in the local market, which in this day and age is no longer an applicable strategy for survival. To maintain their share in the global market, companies must create a sound methodology and systematic approach to product development. Precisely such an important and essential role plays concurrent engineering methodology as a relatively new approach to product and/or process development. The paper presents the practical example of the EPU32 machine redesign from Jelsingrad manufacturer, in order to increase its productivity.