Uploaded on Jun 6, 2024
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Top trends in manufacturing
Top Trends In Manufacturing
Lavy Johnson
Writer at current-trends-now.com,
creates content for
latest consumer and business trends.
Many experts have come out with numerous predictions on the trends that are going
to be dominant in the manufacturing sector. Not everything that has been forecast
has become a fact!
FD Fan But yes! There are several trends that have become integral elements of the
manufacturing industry. These, in fact, are key facets that all manufacturers need to
make note of, while planning business operations for subsequent ten years. While a
regular person is pre-occupied with the changes in the service based technology
industry, the changes in the manufacturing industry have not been widely noticed.
This particular write-up would briefly elaborate on few of the major trends in
manufacturing that are pretty much obvious today.
The future is Industry 4.0: By making a mention of “Industry 4.0”, reference is
made to the trend where, data exchange and automation is heavily being relied
upon, by manufacturing sector. This is no longer on the fringe but getting
increasingly more mainstream in adoption by the reputed manufacturing
organizations. Installation of robots and enabling the teaming-up of people and
robots are things that organizations cannot afford to ignore!
IOT (Internet of Things): IoT software development company There is an
incessant increase in the number of manufacturing plants that depend on IOT. With
IOT, there is linking of several devices in the organization. This is highly useful for
realization of objectives such as enhanced safety, decline in costs, safeguard against
non-compliance issues and manufacture of innovative products, etc.
Younger business leaders: One more prediction is that, persons born during the
last two decades of previous century shall now become the business leaders. They
are going to take over the mantle from their seniors and operate as leaders of
numerous prominent organizations.
Blockchain technology: Many factories have now chosen the Blockchain
technology, which has put them in a position of power that is without a precedent!
The sophistication of the technology is such that, organizations are not going to be
impeded in tracking all elements of supply chain and promptly rectify any issues.
This improved transparency, other than reducing costs, will address the all-
important facet of security, as well.
Direct interaction with customers: Well, there is a speedy rise in the
manufacturing units that are opting to sell their offerings directly to customers. For
this purpose, they are relying on diverse e-commerce platforms. Due to the direct
interaction, it’s become possible for sellers to carry out transactions very fast.
Additionally, manufacturers are able to develop customer database, which will be
very helpful for future.
VR (Virtual Reality) and AR (Augmented Reality): Modifying products during
the stage of design has now become an entirely uncomplicated matter, with advent
of VR and AR technologies. The technologies are also greatly assisting workers, for
execution of different tasks. Providing training to workers lacking the required skill
has become simple, too.
Eco-friendly manufacturing processes: The manufacturing industry has started to
go with eco-friendly processes. ID Fan Due to this, the flow of product is not
restricted to just one direction, it is in both ways; materials that are recyclable are
again being to put into use. This, apart from being a good environmentally-friendly
practice, is cost-effective, as well.
About Current-trends-now.com
Current-trends-now.com insightful write-ups on latest consumer and business
trends help business managers to capitalize new opportunities and to succeed.
Similarly, they help individuals to live smartly and to keep themselves updated
on the current trends. We monitor current trends and developments across
various fields including Business, Health, Home, Recreation, Science and
Society etc. For more details on the categories, visit https://current-trends-
now.com/.
Thank you for spending your precious time in reading this article.
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