Those with the greatest supply chain agility, visibility and responsiveness secure a profound competitive advantage. However, ever-more demanding customers, a volatile global trading environment, new technologies and pressing concerns around sustainability make achieving such traits a challenge for almost every business.
The closure of the Ford engine plant at Bridgend in Wales is the latest blow to the UK automotive sector, after recent announcements of job losses at JLR, the closure of Honda Swindon and slowing investment in the North East. Edward Pearcey examines the wider implications for the UK automotive supply chain.
Brose, the world’s fourth largest family-owned automotive supplier, has invested nearly £2m on the introduction of Automated Guided Vehicles over the past two years and the business is already reaping the benefits.
Everything moves at such a fast pace nowadays that, to compete in the world of business, you need to have something that will make you stand out among your competitors, and this could be as simple as your exportation of goods.
There is a growing need for UK manufacturers to embrace new technologies as they face ever-increasing demand to improve efficiency. Whether this is due to foreign competitors, the ambiguity of what to expect post-Brexit, or simply stakeholder pressure, businesses large and small are forced to do more with less.
My afternoon at this year’s Manufacturing Automation and Robotics Summit included a roundtable discussion on Automated Storage and Retrieval Systems, with delegates coming together to identify the key takeaways for them and their businesses.