By manually generating manufacturing drawings, routings and bills of materials, businesses are overlooking a huge opportunity to reduce cost and lead-times, eliminate errors and deliver exceptional customer experiences.
Leading figures in UK manufacturing recently met to discuss how to capitalise on the wealth of opportunities enabled by emerging technologies, and assess whether fears over automation, digitalisation, and artificial intelligence are justified.
Success may have many parents, but Industry 4.0 has only one: Henrik von Scheel. He talks to The Manufacturer about where manufacturing is heading – and why UK industry has a long-term competitive advantage.
You may have heard of world-leading manufacturer of wire joining systems, Gripple, but you might not know Gripple Automation, its sister company that makes the machines powering some of the smartest factories there are.
No matter how you cut the automation cake, the rise of the robots appears unstoppable. On the one hand, automation will not only complement the work of humans, but will also allow us to lead happier lives, cites a new report from The Economist Intelligence Unit. On the other, robots will replace up to 20 million jobs globally by 2030 (almost 9% of the global manufacturing workforce), according to a new study by Oxford Economics.