The hottest manufacturing industry faces six major

2022-10-20
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Abstract: in order to successfully move towards industry 4.0, manufacturers must regard information technology (it) as a golden hen to improve the efficiency of capital, assets and operations. Frost & Sullivan, a market research company, emphasizes continuous innovation and points out six major problems that the manufacturing industry is bound to face

frost Sullivan, a market research company, divides enterprises into three categories from the speed of progress. The first category of enterprises dare not even consider digitalization due to lack of resources, such as lack of time and money. The second category of enterprises selectively try partial proof of concept (POC). The third category of enterprises embrace industry through countless proof of concept and a budget of 50000-5million US dollars, and then connect these experimental data with smooth curves. No matter which kind of enterprise is carrying out digital transformation, it is inevitable to face the following six problems when petrochemical resources are facing the crisis of becoming increasingly exhausted

in order to successfully move towards industry 4.0, manufacturers must treat information technology (it) as a golden hen to improve the efficiency of capital, assets and operations. Frost Sullivan, a market research company, emphasizes continuous innovation and points out six major problems that the manufacturing industry is bound to face

according to EBN online, frost Sullivan divides enterprises into three categories from the speed of progress. The first category of enterprises dare not even consider digitalization due to lack of resources, such as lack of time and money. The second category of enterprises selectively try partial proof of concept (POC). The third category of enterprises embrace industry 4.0 through countless proof of concept and a budget of 50000-5million US dollars. No matter what kind of enterprise, it will inevitably face the following six problems when carrying out digital transformation

the first key issue is the vision of having a future factory. Manufacturers must understand that they have the courage to adopt new production modes and technologies, and can digitize the production cycle of products. In this way, as frost Sullivan said, in the future, there will be almost no human intervention in the production line. Machines can cooperate with humans side by side. Most manpower only need to stay in the control room for supervision, so as to fully realize the integration of personnel, processes and technology

in order to achieve this goal, manufacturers must digitize old assets, connect built-in system production technology with intelligent production process and end-to-end manufacturing process, and then track product quality in real time, reduce the cost of poor quality (COPQ) and realize customer-oriented innovation

the second key issue is transformation technology. In particular, data analysis and 3D printing, which can be combined with numerical control machine tools (CNC) to support the innovation of laminated manufacturing. Frost Sullivan predicts that these technologies will eliminate the traditional business model, move from reactive maintenance to predictive maintenance (PM), and support a new business model, from selling specific goods to selling "efficiency as service"

the third key issue is to promote cooperation. This includes diversified expansion of supply sources, which is particularly important in the event of natural disasters. Otherwise, the supply chain may repeat the tragedy of the tsunami with an increase of 12.7324 million tons per day compared with 2014, which will make it difficult for technology manufacturers to obtain electronic parts. In addition, artificial intelligence (AI) can also be applied to the supply chain to solve the problem of reducing meeting opportunities

the fourth key issue is network security. Zian doubts prevent some manufacturers from adopting joint factories. It is advisable to consider setting up an it/operation Department to carry out the research and development technology (OT) Excellence Center (COE) of the intelligent loading robot project to learn from the development of IT security technology in the past 30 years, so as to improve the security of the manufacturing industry

the fifth key issue is to establish a new generation of leaders. Frost Sullivan found that organizational culture, enterprise leadership and the concept of return on investment (ROI) are the three major constraints on manufacturing transformation. Therefore, the CEO and senior management must fully internalize industry 4.0, and leaders should be brave to accept new behaviors, new organizations and new strategies, such as future oriented leadership behavior and mentality

finally, it is the kinetic energy to change the labor force. With the aging of the labor force, these jobs will be handed over to generation Z sooner or later. Training is urgent. Future jobs will require more cross functional skills

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