IN THIS NEW AGE, DATA GENERATED BY sensors and digital systems allow businesses to monitor processes taking place in the physical world, laying the foundation for more flexible modes of production-an approach increasingly required by changing consumer demands.
With economic, geopolitical, environmental, and population issues and crises rippling across the globe, industrial labour supply and supply chains are being impacted like never before. The COVID-19 pandemic, is shining a light on this need for advanced technology, real-time data, and flexible manufacturing and supply chains.
With increased automation and robots taking on repetitive, dangerous work, manufacturers can augment human labour and ensure the continuity of production. This frees up workers to leverage their cognitive brain power and enables re-shoring of previously offshored automated and repetitive work.
More localised supply chains can also add new flexibility to manufacturing, with the added benefit of reduced environmental impact from lower transportation complexity. Finally, with reliable and real-time data and easily reconfigurable systems, manufacturers can make decisions quickly such as scheduling maintenance, adjust a machine setting, or pivot from making shirts to face masks.
While some elements of the next industrial revolution remain aspirational - like fleets of autonomous robots cooperating on advanced tasks like construction, recovery and rescue, others are already being realized.
This story is from the November 2022 edition of Manufacturing Today.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the November 2022 edition of Manufacturing Today.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
Precision Revolution
Exploring the fusion of Machine Learning and CAD/CAM Technologies, Shriyal Sethumadhavan delves into the transformative impact of AI integration in manufacturing.
Empowering MSMEs
In conversation with Amit Mande, Chief Revenue Officer, U GRO Capital
Fornnax unveils SR-200 HD recycling innovation
Fornnax Technology continues to expand its portfolio of high capacity lines and debuted an upgraded variant of primary shredder.
Transforming manufacturing and product development
India's manufacturing sector, currently contributing 17% to the GDP, is expected to be one of the key drivers of growth for the country.
Transforming E-commerce: How LLMs are changing visual content
LLMs reshape e-commerce with captivating visuals, balancing benefits and drawbacks of authentic content in the digital retail arena
An intelligent move
Dive deep into the future of manufacturing as we explore the transformative power of intelligent technologies revolutionising the industry.
Meeting India's data centre cooling demands
Schneider Electric inaugurates state-of-the-art cooling factory in Bengaluru
The gender matters of manufacturing
Does the manufacturing industry suffer from a gender gap?
Navigating India's manufacturing landscape
Jibak Dasgupta, Director General and CEO, Indian Machine Tool Manufacturers' Association's view on the influx of investments and the manufacturing landscape
A decade of 'Make in India': The foundation for building a manufacturing powerhouse
As India experiences profound economic growth, it has emerged as the second most sought-after manufacturing destination in the world, contributing 13.9%1 to the economy.