There are literally thousands of options that you can pursue in manufacturing, with the potential return on investment varying from a -100% return to a 100%+ return. The challenge for manufacturing companies is to have a process to determine what the next steps should be. IMEC has a basic process that can help you to navigate these waters and bring some clarity to your next step.
In the spring of 2021, IMEC, Illinois Manufacturers Association (IMA), Technology & Manufacturing Association (TMA), and Valley Industrial Association (VIA) partnered with the W.E. Upjohn Institute for Employment Research to survey manufacturers about their adoption of Advanced Manufacturing Technologies and processes, achieving a phenomenal 87% response rate.
Written by Matthew Inniger of Manager of the Advanced Technology Program of CIFT, part of Ohio MEP. This article first appeared on the NIST Manufacturing Innovation Blog.
This is an exciting time in the food manufacturing industry. The innovations and technology associated with Industry 4.0 are making it easier for small and medium-sized manufacturers to overcome obstacles in ways that at one point would not have been considered. While manufacturers have previously been slower to move toward incorporating advanced industry technologies due to the high level of regulation and biologically complex products with which they work, innovation is becoming more widely accepted as a key to industry sustainability. Two examples of such Industry 4.0 technologies are automation and augmented reality.