Without a doubt, technology has been instrumental in revolutionizing most, if not all, industries around the world.
However, even in the face of this undeniable truth, some businesses remain hesitant about integrating certain innovations, such as automation, into their operations. Esteemed economist Christine McDaniel explained how this resistance may be due to the overblown anxiety over the false claim that automation will leave millions of blue- and white-collared professionals jobless for good.
Be that as it may, with the ongoing crisis requiring manufacturers to take certain safety measures, the dynamics between automation and this specific industry has to change in order to keep up with the times. Furthermore, a lot of experts believe that automation could be the very technology that will prepare and allow the manufacturing sector to thrive in a post-pandemic world. To give you a clearer picture, here are some of the ways automation is shaping the manufacturing industry these days:
Raise savings and cut costs
Over 478 billion of the 749 billion working hours spent on manufacturing-related activities worldwide were automatable. The aforementioned 478 billion hours, which is equivalent to $2.7 trillion worth of labor costs, provides a great opportunity for manufacturers to increase savings. In addition, a new generation of robots that are not only flexible and versatile but also relatively cheaper can help cut costs in the long run and increase the scalability of manufacturing businesses.
Enhance resiliency and simplify processes
In the face of an ongoing global health crisis, most manufacturing plants have been left with no choice but to operate below full capacity and strategically schedule workers to limit the number of employees in a specific location at any given time. And with how tedious this task can be, it’s easy to see how some manufacturing managers could easily run into challenges when coordinating the workers and the machines. Fortunately, Verizon Connect details how manufacturing managers can rely on automated software that can make the intricate process of job scheduling and machine coordinating easy and hassle-free.
Increase labor productivity
As with every other industry, automation has the ability to make businesses even more efficient. With machines and robots that can get more tasks done within a given time frame compared to traditional manual options, manufacturers can look forward to a significantly reduced production lead time and a greater total rate of production. Moreover, automation can also help accomplish seemingly impossible manual tasks that often require precision and accuracy to a greater extent. Economics Help also mentions how automation can enable factories to produce a greater range of goods that come in different sizes and designs, as well as being suited to different functions.
Improve workplace safety
Even without the pandemic, safety has always been a significant concern for manufacturers. After all, data from The U.S. Bureau of Labor Statistics found that workplace injuries and accidents, which are more frequent in this field, can cost businesses nearly $62 billion per year. For many years now, on-the-job injuries have been gradually falling, thanks to machines and robots that have been doing all the heavy lifting, taking over repetitive tasks and eliminating the need for employees to work in extremely hazardous environments. In the coming years, manufacturers can continue counting on automation when it comes to making hazardous workplaces safer.
As the world braces itself for a future that’s been completely changed by the current crisis, the manufacturing industry’s reliance on automation will only run deeper, and it’s easy to see why. After all, automation has the ability to raise savings and cut costs, enhance resiliency and simplify processes, increase labor productivity and improve workplace safety.
The post How Automation is Shaping the Manufacturing Industry appeared first on Global Trade Magazine.
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