MANUFACTURING

Global industry entering a new era

The industrial sector has been facing revolutions and it is not going to stop. The Globalization of the economy has spread the production in all continents. The labour cost competitiveness has been driving strategical decisions, but the paradigm is changing, regulations are evolving, and a global awareness is giving more importance to a sustainable production all along the value chain. Indeed, the context is fostering nearshoring to bring the production closer to the final customer.

Furthermore, the integration of new technologies in secular production processes with automation, digitalisation and robotization is transforming the industry in many aspects. Internet of Things (IoT) has connected machines are now connected, opening a new era of optimization. Moreover, process digitalization requires to upskill the employees and creates new roles in the organisation. Leadership, vision, and savvy are key to take current shopfloor setup to the industry 4.0.