Manufacturing & Warehouse Distribution equipment, service, rentals & support from Abel Womack, Raymond forklift NE Distributor

Skip to content
  • Online Catalogs
  • Contact
  • Locations
  • Customer Login
  • Cleanrooms & Controlled Environments
  • FANUC Industrial Robots
  • Automated Storage and Retrieval Warehouse Systems
  • Manufacturing Solutions
  • Modular Building Systems
  • Raymond Forklifts
  • Mobile Storage Systems
  • About Us
    • Careers
    • Customer Service Policy
    • Customer Testimonials
    • Discover the Difference
    • Our Locations
    • Management Staff
    • Raymond Solutions & Support Center
  • Forklifts
    • Used Forklifts and Equipment
    • Forklift Rentals and Leases
    • J1-TSV Task Support Vehicle
    • Raymond Basics
    • Power Solutions
  • Parts & Service
    • Equipment Maintenance & Repair
    • Forklift & Conveyor Parts
    • Forklift Safety Training
    • Shop Warehouse Products
    • Tennant Sweepers and Tennant Scrubbers
  • Optimization
    • Fleet and Warehouse Management Solutions
    • Labor Management
    • Asset & Maintenance Management
    • Operator Assist Technologies
    • Real Time Location System
  • Robotics
    • Industrial Robots
    • ROBOXX
    • FANUC Robot M-20iA
    • FANUC Robot M-710iC
    • FANUC Robot M-410iB
  • Integrated Systems Solutions
    • Automated Guided Vehicles (AGV)
    • Automated Storage & Retrieval Systems
    • Conveyor Systems and Sortation
    • Deep Lane High Density Pallet Storage
    • Pallet Racking and Shelving
    • Mobile Storage Systems
    • Warehouse Automation and Software
    • Indoor Vertical Growing
    • Modular Building Systems
    • Cleanrooms and Controlled Environments
  • Engineering
    • Automated and Robotic Simulation
    • Facility Design and Layout
    • Project Management
  • Information
    • Blog
    • Case Studies
    • Industry Solutions
    • Videos
    • Media Kit
You are here: Home / News / Warehouse News / Getting More for Less in Modern Manufacturing

Getting More for Less in Modern Manufacturing

Getting More for Less in Modern Manufacturing

View original at chiefexecutive.net

Getting more for less in modern manufacturing Everyone always wants more for less: individuals, companies and governments. It’s the defining challenge facing businesses as they try to stay competitive. Manufacturing, in particular, has been through radical change as a result of globalization sharply increasing competition. But that doesn’t mean the sector can now stand still. Far from it. The challenges and the changes keep coming. Smart factories Increasing factory automation is an obvious way to reduce costs while maintaining quality. The Internet of Things, wearable technologies, robotics and Artificial Intelligence are just some of the technologies transforming traditional factories into ‘smart’ ones. This will ultimately enable companies to make the most of their resources and produce higher-quality goods more efficiently. A survey by Capgemini found that smart factories will enable a seven-fold increase in overall productivity by 2022, with capital and inventory costs expected to reduce 12-fold compared to 1990. The advent of smart factory technologies will also speed up production and help manufacturers respond more quickly to changing market needs. Typically, factories are set up for long, high-volume production runs. Today, it’s critical to be profitable at lower batch numbers and over much shorter product life cycles and have the ability to rapidly swap production to new products as needed. But Capgemini’s analysis shows that only 6% of manufacturers are ‘digital masters.’ Most of the businesses surveyed – more than 75% – fell into the ‘beginners’ category when it came to converting their production sites to smart factories. Clearly there is a lot more work to be done. Shared goals Mention the ‘sharing economy’, and most people will think of companies such as Airbnb and Uber. But the need to share resources rather than control the entire value chain is not a new concept. Mobile service providers have […]

About the Author

Sue Boczenowski is the Marketing Manager for Abel Womack.

Leave a Reply Cancel reply

You must be logged in to post a comment.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

  • About Us
  • Industry Solutions
  • Blog
  • Products
  • Corporate News
  • Forklift News
  • Warehouse News
  • Contact
  • Twitter
  • Facebook
  • YouTube
  • Linkedin
Raymond_ASASC_2020

Abel Womack - Discover the Difference - logo
1 International Way
Lawrence, MA 01843
800-554-2887

  • Twitter
  • Facebook
  • YouTube
  • Linkedin
  • Home
  • About Us
  • Forklifts
  • Careers
  • Fleet Management Solutions
  • Professional Design & Engineering Services
  • Parts
  • Service
  • Forklift Training
  • Pre-Owned Forklifts
  • Forklift Rentals
  • Products
  • Contact Us
  • Sitemap
  • Privacy Policy
Offices In
Massachusetts
Connecticut
New York
Maine
New Hampshire
Rhode Island
Vermont

Copyright © 2022 · Abel Womack 2.0 on WordPress · Log in