Like several other work functions, manufacturing too is undergoing massive change in the ongoing Industry 4.p. Technologies such as 3-D Printing, the Internet-of-Things (IoT) and complex analysis tools have transformed the world of manufacturing. However, these technologies will not erase the requirements for human intervention. In order to remain relevant, companies will quickly need to explore new opportunities. Fulltime diagnostic specialists must be staffed, whose primary function is to gather relevant business intelligence to act on them. The supply chain has to be upgraded using these latest tools. The workforce too needs to be transformed and for that the right talent recruitment and subsequent training has to be provided to the employees. This will enable the right level of alignment with robotics, advanced processes, quality systems and a data-driven predictive model.

Source:https://www.mckinsey.com/business-functions/operations/our-insights/ops-4-0-manufacturings-future-made-by-people

Uploaded Date:23 November 2018