The global metal casting market size is US$ 151.6 Billion in 2022, expected to reach US$ 236.7 Billion by 2028, at a growth rate (CAGR) of 7.4% during 2023-2028.
The foundry industry is considered the most hazardous, uncertain, and highly labour-intensive, involving huge capital investment. However, it is one of the most technical sectors of manufacturing that requires sound engineering knowledge. Although being one of the founding sections of what we call modern manufacturing sectors, the Foundry industries face multiple challenges to cope with modern market requirements.
Material wastage, rejections, reworking, and recycling are a few of the major issues in foundries, which occur due to the non-standardized pouring of hot metal in moulds. Pertaining to multiple dependent and independent factors in the processes, the quality of output can be affected at any stage during the complete process. Identifying these factors, their extent of the impact on quality, and controlling them becomes critical in maintaining quality. The foundry industry meantime moves to 4.0.
It also encompasses how digital manufacturing will impact the way employees engage with each other, the machinery, and the customers.
ADDVALUE Lean manufacturing experts assist you to improve your processes by application of Total Productive Maintenance, Total Flow Management and Total Quality Management thereby ensuring high productivity and reduced rejections and application of Foundry 4.0.
ADDVALUE LEAN MANUFACTURING consultants assist organizations in achieving Operational Excellence and developing Business Excellence Models, build Strategic Road maps and Business Plans through Lean Manufacturing Training and Consulting, Operational Excellence Training and Consulting, and Business Excellence Training and Consulting
For more details about Lean Manufacturing Training & Consulting Email : info@avci-lean.com or Call / Whatsapp : +91 9824009792
