{"id":68,"date":"2020-10-18T10:39:00","date_gmt":"2020-10-18T10:39:00","guid":{"rendered":"https:\/\/www.vetsaconsulting.com\/blog\/?p=68"},"modified":"2021-01-19T13:02:36","modified_gmt":"2021-01-19T13:02:36","slug":"industry-trends-manufacturing","status":"publish","type":"post","link":"https:\/\/www.vetsaconsulting.com\/blog\/?p=68","title":{"rendered":"Industry Trends &#8211; Manufacturing"},"content":{"rendered":"\n<h3>Manufacturing &#8211; Trends:<\/h3>\n\n\n\n<ul><li>Collaborative robots<\/li><li>3D printing -> faster and cheaper production -> ability to manufacture on demand, instead of having to manufacture big amounts and warehouse them<\/li><li>Virtual reality product developers can use it to make modifications to products during the product design stage before they go into modelling process<\/li><li>Smart factories -> integration of shop floor decisions with the rest of the supply chain; a system that can self-optimize performance, self-adapt and learn from new conditions\u00a0<\/li><li>Supply chain optimization -> cloud model that unifies internal and external processes across extended networks -> better flexibility to adapt to disruptions, greater speed of execution<\/li><li>Industry 4.0 \u2013 current trend of automation and data exchange in manufacturing technologies;<\/li><li>Internet of Things empowering to manufacturers to make informed strategic decisions by providing crucial, real-time information<\/li><li>Predictive maintenance technology -> it monitors the condition of in-service equipment -> thanks to that manufacturer can develop better understanding of how system works and whey they will fail -> could reduce companies\u2019 maintenance costs by 20% and reduce unplanned outages by 50%\u00a0<\/li><li>Transformation from B2B to B2B2C (business-to-business-to-consumer)<\/li><li>Enterprise Resource Planning (ERP)<\/li><li>Reshoring \u2013 taking the operations back to the country where the company operate instead of offshoring<\/li><li>Electric cars<\/li><li>Driverless vehicles<\/li><\/ul>\n\n\n\n<h3>Challenges:<\/h3>\n\n\n\n<ul><li>Manufactures increasingly rely on technology, so the manufacturers have to be equipped with tech skills as well -> probably hard to find such employees<\/li><li>How to implement new technologies to reduce operational costs and improve efficiency<\/li><li>Will the robots make manufacturers jobless?<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Manufacturing &#8211; Trends: Collaborative robots 3D printing -> faster and cheaper production -> ability to manufacture on demand, instead of having to manufacture big amounts and warehouse them Virtual reality product developers can use it to make modifications to products during the product design stage before they go into modelling process Smart factories -> integration&hellip; <a class=\"more-link\" href=\"https:\/\/www.vetsaconsulting.com\/blog\/?p=68\">Continue reading <span class=\"screen-reader-text\">Industry Trends &#8211; Manufacturing<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[33],"tags":[30,31],"_links":{"self":[{"href":"https:\/\/www.vetsaconsulting.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/68"}],"collection":[{"href":"https:\/\/www.vetsaconsulting.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vetsaconsulting.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vetsaconsulting.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vetsaconsulting.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=68"}],"version-history":[{"count":1,"href":"https:\/\/www.vetsaconsulting.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/68\/revisions"}],"predecessor-version":[{"id":69,"href":"https:\/\/www.vetsaconsulting.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/68\/revisions\/69"}],"wp:attachment":[{"href":"https:\/\/www.vetsaconsulting.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=68"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vetsaconsulting.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=68"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vetsaconsulting.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=68"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}