Manufacturing companies need to ensure sustainable growth and profitability in today's global and competitive economy. Cost management is the primary reason for out sourcing jobs to "low cost" countries however increasing amount of automation is also changing the dynamic ..... read on
Tag: Industry 4.0
Replacing 90 percent of humans with robots
A mobile phone manufacturer that already utilizes automated production lines, Changying Precision Technology Company in China. The manufacturing facility employed 650 employees, company has embarked on the "Robot Revolution" and now employs just 60 employees, robots performing the tasks of rest of the human workers. Company states that full implementation will result in the entire operation being supported by no more than 20 employees.
Skills the top 50 companies are looking for
Recent technology transformation has had a major impact on what skills hiring managers are looking for in employees. Understanding what skills the top hiring managers are looking for it critical to landing a desired career.
Artificial eye technology development
#Kingston University researchers are taking on the task of developing technology that can be used in "artificial eye".
Industry 4.0 LEAN’s next step
#industry40 tranformation is very similar to LEAN transformation and hence companies can use similar strategies to achieve untapped productivity and profitability gains