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    Home»Business»Manufacturing Trends for Improving Your Business
    Business

    Manufacturing Trends for Improving Your Business

    Soft2share.comBy Soft2share.com11 September 2019No Comments4 Mins Read
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    The modern manufacturing industry needs to follow the trends in its own niche to keep up with the competitors and the customers’ needs. Being aware of the current trends and the need to adapt is what will help your business thrive, so here are the trends to watch out for.

    1. Internet of Things

    This concept provides manufacturers with an abundance of information regarding the materials and equipment and their performance. It actually improves 4 essential manufacturing factors, including the production process, the utilization of production recipes, as well as of the batch and product details and it improves reliability and quality of test results. You will have the chance to see the exact statistics on the quality of materials. You’ll also have a better insight into the competence of your employees involved in the production processes. It’s what matters in the business world, and let’s not forget the fact that the Internet of Things also helps you understand what happens with the products once they are no longer in your factory.

    2. Robotics

    Using robots in manufacturing brings many benefits, the greatest one being the safety as robots can’t get hurt while working. So, they are best when used to work in hazardous environments, for example, extreme heat. Another benefit is that robots don’t get tired so you can use them as much as you want. This speeds up many works and projects. Just be aware that robots are an expensive investment but will pay off greatly in the long run.

    3. Outsourcing specialized projects and processes

    You’ll save money and time and be more productive if you pass certain projects along to outsourcing companies. Now more than ever, outsourcing companies offer a wide range of services. Basically, there is a professional service for every need you’ll have in your line of work. For example, if one needs custom metal sheet items, it’s best to turn to experts in Westberg Sheetmetal. Why would you bother with anything else than your own line of work and let everything else be done by those who are specialized in it?

    4. AI/machine learning

    Using AI or machine learning, you’ll be able to foresee a higher number of errors (even up to 50%!), as well as to improve efficiency, which leads to fewer sale losses. The reason is that your product availability will be improved. Even though these two benefits are more than enough to start using AI in manufacturing, they are not the only ones. The advantages don’t limit to the manufacturing process because greater forecast accuracy can affect the production, the size of the supply and even the prices.

    5.  VR training

    A great thing about manufacturing is that training can increase productivity and the number of errors can be significantly reduced. Just bear in mind that training can be very expensive and that your employees will make a lot of errors in the initial processes. Also, their productivity speed will be pretty slow. This is where VR training comes in handy. Through it, you can facilitate the training process and speed up the productivity of your employees on an unbelievable scale. This will also give you the opportunity to invest more in your staff’s safety because you’ll be able to expose them to a simulation of situations you wouldn’t be otherwise.

    Final comment

    The manufacturing industry is thriving due to the constant changes in its trends and technological development. The sooner you catch up with them, the more benefits it will bring to your business. The trick is to implement the trends seamlessly and innovatively. This is what will make your products more reliable – the very process of manufacturing will be more reliable.

    #technology AI business IoT robotics VR
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