The percentage impact is not identical across the industry but varies at different levels for different manufacturers (discrete, process, repetitive manufactures, etc..)
Most of the Manufacturing leaders are bracing for further impact and are very clear that they must move forward towards a recovery phase at the earliest, which requires a paradigm shift of focus from not only shoring up at this stage but also creating a long term strategy to drive business resiliency and be prepared for any future uncertainties that may arise.
Manufacturers will require new capabilities to bounce back quickly and get back to the original or improved state to meet both short-term and long-term requirements. This cuts across the entire organization, starting right from their internal operations to design, procurement, production, quality, services, and across the whole supply chain network to preserve business continuity and consistency of product supply in an event of short and long-term disruptions.
To meet these strategic requirements, it is evident that a data-led digital transformation approach becomes a front runner amid this pandemic which has accentuated the importance of digital technologies in the pursuit of Industry 4.0, connected supply chain, and automation at various levels.
Diese Geschichte stammt aus der June 2021-Ausgabe von Manufacturing Today.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der June 2021-Ausgabe von Manufacturing Today.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Optimising milling operations
Exploring innovative strategies that are reshaping the milling landscape to meet the challenges of a competitive global market.
The path to excellence
Tata AutoComp’s Double Deming triumph is testament to quality and innovation
Boosting India's energy efficiency with advanced low voltage motors
Stefan Floeck, Division President of IEC Low Voltage Motors at ABB Motion, discusses the role of low voltage motors in India’s industrial future.
The Tech of E-commerce
Technology is revolutionising e-commerce by enhancing demand forecasting, inventory management, and customer experiences through AI, blockchain, IoT, and real-time data analytics.
Driving Sustainability and Innovation
A conversation with Rajendra B Chunodkar, President Manufacturing Operations, Lupin
The evolution of machining technologies
The evolution of machining technologies is reshaping the manufacturing landscape, offering unprecedented opportunities for efficiency, precision, and sustainability.
Transforming the future of manufacturing technology
A pre-event report on IMTEX 2025: The premier manufacturing and metal cutting technologies event for
THE MAKE IN INDIA JOURNEY
An analysis of the initiative's impact on the manufacturing sector.
Tata Motors Re.Wi.Re: Innovation meets responsibility
Tata Motors advances circular economy via Re.Wi.Re scrapping facility.
After Apple, Google Pixel set to be manufactured in India
Dixon Technologies' alliance with Compal Electronics is poised to further accelerate India's push to become a global hub for smartphone manufacturing.