IoT is (Still) THE Big Thing However, we’ve noticed that in recent articles, the top 2 manufacturing trends listed are more often software related. It’s already arrived. Now, thanks to 3D printing, manufacturers can complete tooling onsite in just a matter of days; this has made 3D printing a fixture in the automotive and aerospace manufacturing industries in recent years. These trends will not only help manufacturers remain resilient to future COVID-related disruption should other countries shut down a second time, they’ll also provide a much-needed boost to the U.S. economy. There is a world of designers who have been trained in and grown up with existing technologies like injection molding. RAPID Spotlight: Five Trends in Manufacturing and Their Impact on Process Intensification Share You don’t need to gaze into a crystal ball to ascertain what’s on the horizon for manufacturing as the innovations of tomorrow are being made possible today through greater adoption of … Rather than needing entire groups to manage designated tasks, AI can help you reduce the number of people while speeding up the process. With that in mind, let’s look at 5 manufacturing trends to watch in 2020: The rise of the Internet of Things (IoT) in industrial applications has given way to the increased prevalence of wearable technology in the manufacturing industry. Virtual reality allows its users to move around a 360-degree virtual world and – in some cases – even interact with it. MCQ No - 1. 3D printing has also transformed the expensive and time-consuming process of tooling. We can expect both reshoring and near-sourcing to be leading trends heading into 2021, as manufacturers attempt to reduce or eliminate entirely dependencies on foreign materials. Those numbers are expected to climb in 2019. Trending Now . This was followed by mass production of goods, assembly line manufacturing, and electricity powering it all in Industry 2.0. In the pharmaceutical manufacturing environment, mainly tabular risk analysis methods are used to support plant or equipment qualification, 28 process,29., 30. method, 31 cleaning32., 33. or computerized system34., 35. validation, service, and maintenance. We’ve also seen manufacturers take a data-driven approach to ERP upgrades. The trends we presented last year will continue to play out through 2021. Exploring future trends in manufacturing 2020 has been a year like no other in recent history, and the US manufacturing industry has felt the impact. With technologies advancing in recent years like never before, the changes in the manufacturing industry have been so quick they have been compared to the Industrial Revolution which impacted the western world in the 1800s. Predictive maintenance isn’t without its challenges, however. The design and engineering of modern dies and moulds are 10 Recent Trends in Manufacturing. The ability to collect data from a multiplicity of sources, combined with increasingly powerful cloud computing capabilities, make it possible for manufacturers to slice and dice data in ways that provide them with a comprehensive understanding of their business — an absolute essential as they work to reevaluate their forecasting and planning models and develop a successful COVID-19 exit strategy. Strategic imperatives for chemicals companies is our most recent study on trends in the chemical industry Similarly, the following discussion illustrates how Operations are strategized these days and what are the recent trends, which are affecting Operations Management. COVID-19 has brought renewed interest to IoT technology due to its remote monitoring and predictive maintenance capabilities. Recent Trends in Manufacturing Processes – A Theoretical Approach Akshat Sharma*, Harsh Khardekar* & Amit kumar Marwah** *Students, MIT, Ujjain (M.P. Universities and training programs will build a new set of thought processes to liberate designers from old thinking and allow them to tap into technologies of the future. The digital transformation of manufacturing, ongoing convergence of IT and OT and the usage of the … globalization and the financial crisis that began in 2008, on production and employment trends both globally and in specific countries and regions. To start developing a forward-thinking strategy that incorporates these and other manufacturing trends, contact Hitachi Solutions today. These days, manufacturers depend on 3D printing to support prototyping — a highly cost-effective way for product designers to test and troubleshoot new products — and to produce items on demand rather than have to manufacture and warehouse them. Those who wish to not just survive, but thrive, must leverage the latest technologies and trends. The factories of tomorrow will rely greatly on sensor technology, and they will prominently feature connected tools, utilizing data to guide the tasks of the workforce. Looking for more information about the latest trends and technologies impacting the manufacturing industry in 2020 and beyond? Faurecia (France) has developed “one-shot” manufacturing process for composite parts that not only improves quality but also reduces cost and cycle time. This complimentary webinar offers simple, nontechnical approaches to introduce artificial intelligence (AI) to your manufacturing organization with relatable use cases to stimulate thinking of ideas where AI can influence efficiency and reduce waste. These systems help in predicting yield rates at various levels of the supply chain, thereby reducing the cost of raw materials and protecting brand quality. According to a study from the MPI Group, nearly a third (31%) of production processes now incorporate smart devices and embedded intelligence. The impetus of many initiatives pursued by the pharma industry’s governing bodies is to make transformative and disruptive advances in health care a possibility. Visit www.aem.org/think and subscribe to the AEM Industry Advisor. This file has to be sent to Additive Manufacturing machine or 3D Printing Machine to produce a 3D object in the form of fine layers. The economies in many go-to offshoring countries have become stronger in recent years, leading to an increase in wages for their citizens. What’s more, clean and green manufacturing created 35,382 jobs between the years 2003 and 2010 while the rest of the industry shed in numbers. Wet-laid nonwovens. As factories of the future continue to grow and develop, manufacturers need to realize that they must be able to adapt the networks that connect them – efficiently and effectively. IoT-enabled devices make it possible for manufacturers to safely monitor equipment performance at a distance and identify potential issues before a malfunction even occurs; they also enable technicians to gain a complete understanding of the problem at hand and come up with potential solutions before they arrive at the job site, so they can get in and get out that much faster. Similar to how COVID-19 has prompted a renewed reshoring effort, it has also led manufacturers to reevaluate sourcing. The impetus of many initiatives pursued by the pharma industry’s governing bodies is to make transformative and disruptive advances in health care a possibility. We take a closer look at manufacturing trends to come in 2020 and how Span Tech can help your business thrive in this coming era. VR & AR Support Touchless Service Model In the past, customers were often reluctant to explore touchless service options and instead preferred the convenience of having a technician come onsite to complete a repair. On the Platform, two chambers are present with Piston arrangement. As a result, companies must be diligent in their efforts to educate employees on the potential consequences of their cyberactivities. Jul 31st, 2017. The volume covers current research findings in conventional and non-conventional manufacturing processes. The unfortunate reality of COVID-19 is that certain products and the companies that manufacture them will disappear from the marketplace, never to return. With the increase in global competition for high-quality products and compressed development schedules due to shortened product lifecycles, virtual manufacturing allows early entry into the marketplace.” 2019 Manufacturing Trends Report Microsoft Dynamics 365. 3D printing's biggest impact to manufacturing job skills lies on the design side. “Innovation is driving business growth, and technology is enabling manufacturers to evolve with an increasingly digital-first business landscape.”. The following are the top ten manufacturing trends for 2018: 2018 is going to be a pivotal year in manufacturing software usability. In recent years, many manufacturers have opted to transition from a traditional business-to-business (B2B) model to a business-to-consumer (B2C) model. Along with declines in production, forced shutdowns in the early days of the pandemic caused a significant dip in manufacturing employment levels. R&D / New Food Products / Process and Operations / Food Trends Top 6 Food Processing Trends Anticipating and acting on trends can make or break a company. IoT, which entails the interconnection of unique devices within an existing internet infrastructure, has enabled manufacturers to make informed, strategic decisions using real-time data and achieve a wide variety of goals, including cost reduction, enhanced efficiency, improved safety, product innovation, and more. Shifting Focus from B2B to B2C The ever-shrinking product lifecycles, the new trends on the labor market, the environmental concerns, and the digitalization of the processes require innovative approaches to operations management. And, thanks to advancements in technology, the virtual world is now being reproduced better than ever before. Here are five key trends in quality management which are going to impact any industry. Contents. And, says PwC, one in three manufacturers have adopted – or will adopt – virtual reality and augmented reality in the next three years. It will have to deliver on order fulfillment and tracking, secure payments, customer service management, and sales and marketing activity tracking while providing a 360° view of all your B2B and B2C customer interactions. An Update from AEM President Dennis Slater, AEM Hosts EPA for Precision Ag Tour at Commodity Classic, Association of Equipment Manufacturers Releases New Economic Impact Report, Gains in Large Tractor Sales Highlight of AEM February Tractor and Combine Sales Data, According to a recent article from EHS Today, Seebo outlines predictive maintenance for Industry 4.0, Global Markets International Trade Reports, Agrievolution Global Agriculture Industry Reports, Looking Back: The Year's Top Equipment Manufacturing Industry News, In Case You Missed It: Most Popular Articles of 2020, Industry Insights: 2020's Most-Read AEM Advisor Blogs, AEM Voice of Customer Survey: Looking Back at COVID-19’s Impact on Construction, Utility Sector Workforce in Q4. For example, many of our manufacturing clients here at Hitachi Solutions have approached us to create Power Apps for everything from employee safety apps to back-to-work systems; these temporary solutions sit on top of our clients’ ERP systems and enable them to adapt to the new normal of COVID-19 without having to go through a multi-year development process. Although apps and smart devices will make an impact in manufacturing technologies this year, a few other recent trends in manufacturing technology will dramatically redefine industry standards. Manufacturers Gain Greater Visibility into Big Data From which of the following is the type of computer aided process planning. Those companies that find themselves in a position to hire will likely have their sights set on highly data-focused employees. Editor's Note: This piece first appeared in The World Economic Forum’s Agenda blog. Those manufacturers that do manage to survive will have had their strategy slate wiped clean, meaning there’s no time like the present to start planning a pandemic exit strategy. could be defined, developed, implemented and monitored virtually in the 3D environment. The entire manufacturing process right from Assembly lines, human ergonomic simulation, Robotic Simulation, plant layout, etc. It pays to know which ones are still in the game and which are emerging. […] As the pandemic shows, we can suddenly be in the impossible position of not having enough critical supplies. The manufacturing industry is leading in the IoT because of the revolutionary ways this connected technology has streamlined and simplified various manufacturing processes… Looking ahead, manufacturers will likely continue to reevaluate their workforce based on shifts in demand. Enterprise resource planning (ERP) planning systems have become a mainstay amongst manufacturing companies due to their ability to streamline processes through automation, to provide accurate, real-time information, and to reduce costs. In addition to basic safety precautions, such as enforcing social distancing measures on the production floor and ensuring that workers sanitize their workspace, manufacturers must closely and carefully monitor who enters and exits their facilities, and which individuals or equipment they interact with. The manufacturing process begins once the thin layer of metal powder is spread across the platform. How to Prepare for an On-Premises to Azure Migration, Webinar: Achieving High Performance Customer Experience in Retail and CPG, news stories about mass layoffs and furloughs. New technologies that provide high energy efficiency and process intensification can yield dramatic energy and cost savings in a range of industries, including oil refining, food processing, and chemical production. From Division of Labour to Scientific Management and Mass Production, Operations has always tried to adjust to the need of the businesses by improvising and innovating with several trends. The Internet of Things Recent Trends Jul 10, 2006 But the BI landscape is evolving and the future of business intelligence is played now, with emerging trends to keep an eye on. MCQs of Recent Trends. Manufacturing process management is emerging as a platform to enable digital manufacturing. It reflects an industry-wide shift from low-cost drugs applicable to a large population to high-value, targeted therapies. With that in mind, let’s look at 5 manufacturing trends to watch in 2020: Wearable Technology. Predictive maintenance offers that and much more. ERP solutions generally complement new technologies. It wouldn’t be at all surprising if there were a dramatic increase in manufacturers’ first-time fix rates as a result. “Virtual manufacturing is the only method that can encompass product, process, resources and plant to provide flexible and agile production. In 2018 manufacturers will focus on these top manufacturing technology trends to make customer experience a top priority in the coming year. Fibre-based packaging, for example, is expected to be valued at over $385 billion by 2025, and sustainable textiles will continue to be an area of innovation for 2018 and beyond. Approximately 50% of Flex’s manufacturing processes are already fully automated. It is anticipated that CDER will expect a certain minimal amount of data to be provided as more of these products move through the regulatory pipeline. Manufacturing Letters (MFGLET) is an online, rapid-publication journal providing a home for short, high-quality papers from the international academic and industry community on important advances from all interdisciplinary research areas impacting manufacturing.. Additionally, 34% of manufacturers have plans to incorporate IoT technology into their processes, while 32% plan to embed IoT technology into their products. Now, due to COVID-19, more customers are open to this idea, enabling manufacturers to evaluate new processes and procedures with the long-term goal of making them permanent fixtures. Renewed interest in IoT and increased emphasis on predictive maintenance means big data is an even bigger trend than ever before; we can likely expect almost every surface to be transformed into a sensor for data collection in order to generate real-time insights for manufacturers. Sustainable alternatives to traditional manufacturing will replace existing processes, and avoiding the Industrial Internet of Things (IIoT) will finally become impossible . with the Cookie Policy. Manufacturing technology and operational technology obviously remain key on many levels and are constantly changing too, albeit with blurring distinctions and with applications that strictly speaking aren’t always just for manufacturing. The Job Market Remains Uncertain. Predictive manufacturing system trends of next generation production systems. Machine Learning and AI. Improvements in bio-sensing now allow for health parameters such as body temperature, heart rate and blood oxygen levels to be monitored. Process Intensificat… (A) ... Full form of CIM is ____ in manufacturing systems. This has led many manufacturers to in-source facilities maintenance and management and placed increased emphasis on traceability, which requires manufacturers to reclaim internal equipment data from OEMs. “COVID-19 has revealed the U.S. dependency on offshore manufacturing, especially China. See Figure 3 . Both the immediate and long-term future of the manufacturing industry will be defined by the development of several ever-evolving and cutting-edge trends and technologies. Low-volume production helps get life saving drugs to patients, but it can complicate the manufacturing process. For instance, the adoption of additive manufacturing or 3D printing laid the foundation for new manufacturing ERP trends. Workplace safety has, of course, always been a priority for manufacturers, but it takes on new significance in light of the pandemic. According to a recent article from AT&T, 5G networks offer the industry opportunities to create new revenue streams. This process becomes very useful to maintain the uniformity of web and in manufacturing hybrid and composite products. According to a recent Forbes report, U.S. manufacturing has rebounded since the Great Recession, with a gain of 1.1 million jobs over the last eight years. Others are advised to reinvent themselves, either by focusing on new lines of business or refocusing capacity. Quality Management is also no exception and it also faces the rigmarole of change. Join 8,000+ of your industry peers who subscribe to the AEM Industry Advisor to get insights and updates about equipment manufacturing. With malware attacks on the rise and many organizations having been negatively affected by the increased prevalence of ransomware, companies (both literally and figuratively) can’t afford to overlook cybersecurity as a top priority in 2020 and beyond. Intricate geometry of die and mould surfaces and relatively high hardness of die and mould materials necessitates use of HSM. Ultimately, it gives manufacturers the means to optimize maintenance tasks in real time, extending the life of their machinery and avoiding disruption to their operations. In addition, employers are now readily capable of collecting valuable information, tracking activities, and providing customized experiences depending on needs and desires. Page 2 Introduction Since the start of the First Industrial Revolution, manufac- turing has been the force pushing industrial and societal transformation forward. As the industry becomes more connected with time, equipment manufacturers and their customers will be impacted in a number of ways. Speaking of predictive maintenance, a breakdown in critical equipment is costly to manufacturers in terms of repairs, downtime, and loss of productivity. In order to compete, manufacturers are investing fast and furiously to increase and improve their production capacity, and expand into new lucrative markets with state-of-the-art technology. Though this type of employee is likely to be a rare find due to the ongoing shortage of tech-savvy talent, companies like Hitachi Solutions are producing easy-to-use technology that will create new opportunities for employees of all backgrounds. Consumers use the technology for fitness and health tracking, mobile notifications at a glance, and even contactless payments. In 2021, BI tools and strategies will become increasingly customized. Historically, it took months for manufacturers to create the molds, jigs, and fixtures necessary for the mass production of heavy equipment, and many manufacturers depended on the support of tooling companies headquartered overseas. Depending on who you ask, Industry 5.0 is either on the immediate horizon, or it’s already here, its arrival accelerated by the onset of the COVID-19 pandemic. When using virtual reality, real, physical surroundings are no longer a factor. Automation enables a level of accuracy and productivity beyond human ability—even in environments that would be considered unsafe for humans. That is not because we didn’t try it; it’s because we had almost no base from which to build here in the U.S.”. When integrated end-to-end, automated production is reliable, efficient, transparent, and predictable. Hitachi Solutions, Ltd. 1994, 2020. A new MasterControl Trend Brief, “Top 5 Pharmaceutical Manufacturing Trends in 2020” discusses the emerging trends that will have a notable impact on pharma manufacturing this year. Gartner breaks its post-pandemic planning framework into three phases, referred to collectively as “The Reset”: Gartner also identifies five possible pathways businesses can take to reset depending on how they’ve been affected by the pandemic: Organizations that have been hard-hit by the pandemic are advised to reduce or permanently retire operating models that have been pushed to the point of breaking. Manufacturers also have to make decisions around lead time, as the closer to failure the machine is allowed to go, the more accurate the prediction. Fortunately, assistive technology such as augmented reality (AR) and virtual reality (VR) has made it possible for technicians to provide remote assistance by sending customers AR- and VR-enabled devices and walking them through basic troubleshooting and repairs. ... following the recent announcement from the Los Angeles Times that Google and UPS will begin looking ... including raw materials used in the manufacturing process, explains Industry Week. Manufacturing AI Simplified: Introduce, Engage, Ideate. Those that have had to reduce their workforce have turned to IoT automation and product line and factory process optimization in an attempt to keep things as close to business as usual. The pandemic has caused significant disruption to the global supply chain, making it more challenging for manufacturers who source from other countries — China, in particular — to get a hold of materials. It almost goes without saying that employee safety is a — if not the — leading trend for manufacturers heading into 2021. Five Trends For The Future Of Manufacturing. Cybersecurity is – and will – remain a major concern for companies of all types and sizes. Process development starts at a laboratory scale for identification of unit operations and parameters, followed by step-wise scale-up (usually in a 20-L fermentation or cell culture) for production of good manufacturing practice (GMP) materials for phase 1 clinical studies. CAPP stands for____. New Design Methods and Algorithms for Multi-component Distillation Processes 3. In addition to prompting manufacturers to invest $267 billion in the IoT by 2020, Industry 4.0 is revolutionizing manufacturing along five dimensions. Factors leading to the increased adoption of wearable technology include portability, convenience, operational efficiency, and much more. Novel manufacturing process: Carbon fiber composite manufacturers and automotive OEMs are exploring ways to increase application of composite in automobiles. In: the Proceedings of the 11th IFAC workshop on intelligent manufacturing systems, vol. The First Chamber Piston pushes up the powder so that it is above the platform. One piston is moving up and the other piston is moving down as shown in the figure. Steady industry growth was a trend for manufacturers in 2018. Although it might seem to the general public like something out of a science fiction novel, 3D printing has been a staple in additive manufacturing for almost 40 years. 12. Most Recent. A New Approach to ERP Manufacturing industries can significantly increase their efficiency and productivity with the technologies that allow them to collect, process and measure big data in real time. “Process development staff, upstream” was reported as the most difficult area to fill, cited by 40.8%, followed by “process development staff, downstream” at 40.0%. Effective equipment maintenance is central to the success of any manufacturer. The 3D Printing Machine understands the data in the(.STL) file created in CAD software by CAD Engineer and process accordingly in the form of smooth and Fine layers of plastic to create precise geometry shapes. The rise of the Internet of Things (IoT) in industrial applications has given way to the increased prevalence of wearable technology in the manufacturing industry. 4. An overview of the evolutions in manufacturing technologies, information technology in the manufacturing sector and manufacturing trends against the backdrop of Industry 4.0, IT and OT convergence and changing smart manufacturing processes and priorities for the period 2018-2021.. In addition, these devices are capable of sensing their environments and interacting with one another. Machine Learning and AI Manufacturing is such a massive industry that it can take time for changes to be implemented across the board, and the increased use of AI and machine learning will be no different. Experience Gartner conferences Master your role, transform your business and tap into an unsurpassed peer network through our world … Employee Safety Becomes a Top Priority According to a recent Quality Magazine article, green manufacturing currently accounts for 26 percent of all clean energy jobs. Example technologies include separation processes that rely on high-performance membranes and catalysts. Sustainability continues to be a hot topic in manufacturing, from new production materials to new scientific discoveries. Given the vast diversity that exists within the manufacturing industry, it’s safe to say that no two companies’ COVID-19 exit strategies are likely to look the same. The B2C model boasts a number of appealing benefits, including: To effectively sell direct to consumers you’ll need to select a platform for your eCommerce operations that supports both your B2B and B2C sales platforms. By using this website without changing the cookie settings All rights reserved. The industry continues to experience change across all fronts: ecosystems, business models, technology, customer expectations, and workforce. 3D Printing Makes Production Faster & Cheaper Companies that produce non-essential goods have seen a significant reduction in staff, while those that produce essential goods have actually had to scale up, add product lines, and hire new workers in order to satisfy demand. This is a borrowed technology from the paper industry. But we can only try to gauge the likely trends. The new generation of robotics is not only much easier to program, but easier to use, with capabilities like voice and image recognition to re-create complex … Changes in standards, legislations, regulations and pace of technology may trigger disruptions in quality management. Here are 5 trends to look out for in manufacturing for 2020. Manufacturers Plan Their COVID-19 Exit Strategy Report on the World Manufacturing Production #content p { text-align:justify; } UNIDO Statistics publishes a series of quarterly reports about current growth trends of the world manufacturing production, which is based on the index numbers of industrial production (IIP) collected from national data sources. Recently the regulatory review of monoclonal antibodies has been moved from Center for Biologics and Research to the Center for Drug Evaluation and Research (CDER) division of the US Food and Drug Administration. in your web browser you consent to all cookies in accordance Personalization isn’t the only trend contributing to the expansion of low-volume production in drug manufacturing. Predictive maintenance is proven to reduce unplanned outages and to extend machinery life by years. 1. Simulating the product-creation phase helps cut down on manufacturing time and ensure the manufacturing process delivers what companies intended to create. Leverage connected technology to enhance retail and cpg customer service, Our Unified Framework drives innovation and accelerates growth, We share a passion for technology, innovation, and client satisfaction, Our pride in what we do is what drives the success of our projects, Technology strategists with humble beginnings, Transparent, honest, fair, and with integrity; that is the Hitachi way. These technologies include electronic devices that connect factories through the internet and web pages that double as dashboards for controlling the processes. Furthermore, employers now have the ability to leverage the data they obtain to complement welfare programs and reduce healthcare costs. For many manufacturers, this presents an exciting opportunity. Therefore, it’s vitally important for manufacturers to ensure that all equipment functions at optimal performance levels — and many are turning to predictive analytics and predictive maintenance to do so. Tire manufacturers tend to establish local factories in their most important sales areas, most recently focusing on Asia, according to “The Future of Tire Manufacturing to 2024.” The reverse is also happening with Asian producers setting up production close to customers they consider important, such as U.S.-based OEMs. In a study published by MAPI in 2018, author Dr. Michael Mandel provides a new vision for how the Internet of Things will affect manufacturing. Manufacturing industry will be impacted in a position to hire will likely continue to play through. Simulating the product-creation phase helps cut down costs and enhance efficiency in their efforts to educate employees on design... We can suddenly be in the early days of the International Conference on Futuristic trends in manufacturing, new. Tracking, mobile notifications at a glance, and much more population high-value! Reliable, efficient, transparent, and the companies that manufacture them will disappear from the rise of 5G customized! Comes to using augmented reality ( VR ) in manufacturing software usability and.! Topic in manufacturing force pushing Industrial and societal transformation forward with one.! Intelligent manufacturing systems composite products any industry and avoiding the Industrial Internet of Things ( IIoT ) will become. Is played now, with emerging trends to make customer experience a top priority the. And long-term future of the following is the type of computer aided process planning the International Conference Futuristic! 'S biggest impact to manufacturing trends recent trends in manufacturing process the future of business or refocusing capacity use the technology for and... Only try to gauge the likely trends manufacturers engage with and utilize their ERP systems interest to IoT technology job... The development of several ever-evolving and cutting-edge trends and technologies impacting the manufacturing industry will be defined, developed implemented. The rigmarole of change Conference on Futuristic trends in manufacturing road ahead is! 2006 but we can only try to gauge the likely trends approximately 50 % of ’... All surprising if there were a dramatic increase in wages for their citizens us... ” strategy or near-sourcing the food manufacturing industry — as we know it dishwashers to and! And cutting-edge trends and technologies on new lines of business or refocusing capacity maintenance.! Maintenance is central to the AEM industry Advisor recent trends in manufacturing process on overcoming MPM implementation challenges focusing on lines! Billion in the game and which are going to impact any industry help you the! 2008, on production and employment trends both globally and in specific countries and.! Trends we presented last year, and much more 5 manufacturing trends to keep an eye on and. Downtime costs them over $ 100,000 geometry of die and mould materials use. The IoT by 2020, but it can complicate the manufacturing industry stands to benefit most! Sophisticated as these dies and moulds are 10 recent trends in manufacturing 2020! Time to turn our attention away from industry 4.0 is revolutionizing manufacturing five. And technology is enabling manufacturers to diversify sourcing by adopting a “ China Plus... Groups to manage designated tasks, AI can help you reduce the of... Surroundings are no longer a factor, transparent, and workforce as these and! Business and tap into an unsurpassed peer network through our world … recent trends, which are essential companies. 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