Manufacturing is constantly evolving, so how do you define advanced manufacturing?
In this podcast episode, Julie Fraser and James Zhang, VP Market Development, Connected Operations at PTC, share their views. It starts with what constitutes advanced manufacturing today and how that has changed.
New technologies can play a role, but are not sufficient. How a manufacturer uses these technologies with what they already have to improve business outcomes points to whether it’s advanced. COVID and global supply chain disruptions have changed which business metrics are vital – and sometimes what plants make. So agility and resilience matter.
The conversation also touches on effective processes and employee mindsets, and how technology can impact those. For example, what’s the role of having employees feel more energized – now and in the future? Can people work together more effectively and be more empowered in these changed socially distanced environments? Julie and James think so. Yet, it might require you re-think your business and your shop floor.
For more information, see our related research:
- Lower Six Manufacturing Costs with IoT (eBook)
- What is the Cost of Poor Quality in Your Environment (guest blog post)
- How Advanced Analytics in Manufacturing Can Lead to Cost Cuts (guest post)