TOP 5 CHALLENGES FACING THE MANUFACTURING INDUSTRY

Although we see that with the advent of new technology, leading manufacturing and the strengthening of the economy, the manufacturing industry is seeing the light after a drawbacks in the past. There are many ways manufacturers can leverage the latest advancements in technologies due to which they have to face specific challenges which are causing disruption in the form of:

Skilled Labor

The manufacturing industry has been seeing a labour shortage as the technology has advanced as the manufacturers looking for a different set of skills from their employee such as high-tech skill set, proficient in mathematics and also possessing an analytical mind. Also, the advancements in augmented and virtual reality technologies are making it easier for the manufacturers to train their employees to work while cutting costs. The skill of the workforce plays a major role in the manufacturing efficiency of the industry.

Project management

To cater to the needs of market manufacturers, one must adhere to the extremely tight and stressful timeline. Projects are extremely time-consuming, expensive and need a stand with quality due to which projects tend to be tightly controlled and rigid. If manufacturers miss deadlines, they will have to risk losing millions of dollars in potential revenue and profits. This means that there is less ability to make adjustments as the project progresses.Due to which they need a design commitment to make sure that there is space for flexibility for new information and changes.

Smart machines

The Internet of things (IoT) is being utilised by manufacturers to its fullest ability either already implemented or planning to implement IoT machines and devices. With these smart machines, organisations can gather information and can predict maintenance improving productivity. Although gathering data is easy aggregating and analysing that data is a challenging task, but this will help manufacturers make better and faster real-time decisions.

Customer self-service applications

Manufacturers are mostly dependent on the timely delivery of products to maximise revenue and profit. So,customer services have been sidelined which limited functionality for the consumer and calling the manufacturer to tell them about a malfunctioning is a task in this digital age. An organisation needs to understand that a consumer has different needs.Manufacturers can provide applications to the consumers where they can log inquiries, search for solutions, request new works or obtain updates. Sub-contractors can also accept, talk, update work assigned to them and also communicate to the manufacturers for support.

System usability

The internal user wants an updated system that makes their jobs easier, and an updated system provides a greater insight and flexibility that can allows the employees to make use of these applications and perform their jobs with ease. This enables employees to make the system a tool to complete their job rather than the system hindering the task.