We are increasingly drifting to digital, where the internet and mobile take on our day-to-day life; Technology is simplifying our life on one hand and automation is threatening our jobs on the other. Digital revolution, along with the new GST policy implementation and Make In India programme is opening talks to a more modern perspective about Manufacturing in India.
The manufacturing sector, in particular, requires technological solutions that are durable and sustainable to survive the harsh working conditions – heat, dust, long working hours etc. but only a handful reputed companies today, have ace products to combat such environments, and deliver on speedy operations, quality, and packing.
Latest in use are the Touch Monitors that empower the assembly line operators with all relevant information he/she needs like operational details of work-in-progress / productivity, all-in-one POS systems that are highly efficient in multitasking, printing solutions, hi-tech barcode scanners, inventory management systems to assists floor managers with complete and accurate data on the working.
In manufacturing, even the smallest of downtime can affect cost, production, and delivery in a big way. The challenge then is to find and adopt right technology partners.
As we speak, we have a plethora of other advanced technologies ready to lead us and our economies to a different scale altogether.
Intelligentrobots, drones, sensor technology, artificial intelligence, nanotechnology and 3D printing can create seamless operational comfort allowing the focus to be more towards productivity and expansion.
In manufacturing, Industry 4.0 is shaping up the vision of interconnected factory where all equipment is online and in some way is also intelligent and capable of making its own decisions. Industry 4.0 allows manufacturers to have more flexible manufacturing processes that can better react to customer demands.
The ultimate aim and the resulting effect of integrating such technologies are to create a collaborative culture between companies to create more efficient business models that can be replicated across industries and sectors.
The Myth: Automation in Manufacturing is threatening our jobs
Amid concerns of automation, reports suggest that using the advanced technologies could actually create 1,75,000 manufacturing jobs. Companies should look forward to adopting these technologies and bring in new energies in the manufacturing sector making it more globally competitive. At present, the manufacturing sector accounts for 16-17% of GDP. An increase in investment in high-end POS systems like the Touch Monitors, Quick Response Codes or Qr Codes and location-based technologies can shift the performance, productivity, quality, and customization.
According to IDC (data end 2016, more below), by 2020, 60 percent of plant floor workers at G2000 manufacturers will work alongside automated assistance technologies such as robotics, 3D printing, AI and AR/VR.
A developing economy like India for e.g has a huge market, an enormous labour force with diverse skill sets and R&D centers to its advantage. With meaningful and calculated engagement in our strengths, India can lay a foundation of creating a structural shift in becoming a global manufacturing hub by leveraging technologies like advanced POS systems, IoT, Augmented Reality (AR), Natural User Interfaces (NUIs) to connect the ecosystem of customers, employees, suppliers, and partners.