The future of the machinery manufacturing industry is likely to involve a continued shift towards industry 4.0 (automation and digital technologies), such as the Internet of Things (IoT), artificial intelligence (AI), and 3D printing.
These technologies are expected to make production processes more efficient, improve product quality, and increase the speed of innovation. Additionally, the industry will likely continue to face pressure to reduce its environmental impact, and as a result, there will be an increasing emphasis on sustainability and renewable energy in machinery manufacturing.
Being a capital-intensive and precision-conscious market, Machine Manufacturing and smaller enterprises continually face competition from bigger players in the market.
Building quality, delivery as per commitment, and performance of the machines determine the brand of the makers. The customer segment for this industry is very much performance conscious and their trust and satisfaction is a critical, in building a brand.
A few of the challenges that the machinery manufacturers face more often than not are inventory issues, parts shortages, higher lead times from the vendors, non-standardized workflow, higher costs in after-sales, etc. Manufacturing Capacity, Material Flow, Changing BOMs, New Product Developments, Quality Standards, etc add more to the complexity of machine manufacturing.
These issues can be significantly combatted through Lean Tools like Plant Layout, Value Stream Mapping, Stores Management, Kanban, Supply Chain Management, Work Standardization, QC Tools, etc. .
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
