Connected Manufacturing Forum 2026

June 15 - 16, 2026

Ritz-Carlton St. Louis

Tyler Richards

Founder uFab

Tuesday, June 16, 2026

1:25 PM Utilizing Technology To Reduce Capex and Cost Per Unit

As manufacturers push to expand capacity while minimizing capital expenditure, technology is becoming a primary lever for optimizing asset utilization and driving down cost per unit. In this session, Tyler Richards, Founder of U FAB, will dissect the specific digital, automation, and data engineering strategies that materially reduce Capex requirements and improve unit economics. He will detail how advanced sensing, real time performance analytics, and modular automation architectures can extend equipment life, increase OEE, and eliminate bottlenecks without major capital outlays. Attendees will gain a technical understanding of how to architect low Capex, high throughput production systems using scalable digital tools, targeted automation, and closed loop operational data.

Key takeaways include:
• Creating technical mechanisms for Capex avoidance
• Utilizing automation and digital workflows to reduce cost per unit
• Creating a systems-level implementation framework, covering data architecture requirements, integration considerations and change management dependencies

Check out the incredible speaker line-up to see who will be joining Tyler.

Download The Latest Agenda