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Manufacturing Technology Insights | Monday, October 10, 2022
Across the globe, manufacturing sectors are turning to automation and other industry 4.0 technologies in response to changes caused by the pandemic and other technological advancements.
FREMONT, CA: Researchers and stakeholders in the manufacturing sector have been proposing numerous ideologies and solutions to continuing manufacturing problems. Although there has been increased automation on the factory floor for decades, now is the ideal time to implement new ideas and accelerate adoption to improve efficiency and remain competitive globally. This is because the Internet of Things (IoT), cloud computing, 4G and 5G networks, artificial intelligence, and robotics enable businesses to improve productivity, address skilled labour shortage issues, and autonomously adjust operations to meet fluctuating consumer demands cost-effectively.
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Almost every digital manufacturing concept encounters sufficient industrial tests and is advanced for implementation in different facilities. Due to versatility and compatibility with emerging technological trends. These advancements lead to manufacturers’ objects, calling on manufacturers to accept technological changes and transformative ideas.
Increased Global Competition
Manufacturers experience stiff competition from their global peers. Every company seeks ways to reduce production costs while maintaining product quality. The modern consumer is savvy and always searches for affordable, high-quality products. Companies strive to overcome competition in various ways, including by shifting operations to regions or countries with low labour costs, digitising operations, and optimising supply chains.
This competition also extends to scarce raw materials. Manufacturers increasingly invest in R&D to gain insights into consumer behaviours, quality improvement, alternative manufacturing materials and processes, sustainable manufacturing infrastructure, and in-house employee training needs.
Industry 4.0 is almost there, taking over the manufacturing space and pressuring companies to implement solutions that promise to increase brand on a global scale and competitiveness. These businesses should also embrace customer-centric solutions that reduce production costs, thereby growing their customer bases, venturing into new products, and improving product quality.
Skilled Labour Scarcity
As manufacturing businesses are labour-intensive and target highly skilled individuals, everything from production to operations and maintenance requires the highest precision levels. However, the manufacturing sector today experiences a shortage of skilled labour. This increases the demand for workers with multiple skill sets to operate advanced production systems. It is now evident worldwide, pushing labour costs to a high record even in countries considered low-cost labour markets.
One way to address the labour shortage in manufacturing is through increased robotics adoption, including autonomous mobile robots (AMRs), automated guided vehicles (AGVs), and related technologies. These technologies are significant because they reduce labour costs and reliance on human labour, allowing companies to retire an ageing workforce without disrupting production processes and promoting continuous improvement standards.
Above all, businesses should implement measures to continuously upskill their workforce. Manufacturing floor employees should imbibe the knowledge of emerging digital technologies and how they enhance manufacturing efficiency. This will facilitate the seamless integration of automated systems into developed practices.
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