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Smart Factory of the Future Expert View
Smart Factory of the Future Expert view series
Help and advice for business leaders on building a successful smart manufacturing strategy
Technology has revolutionised the manufacturing industry over recent years, enabling businesses to produce more products in less time with consistent run rates. The impact of technology on the manufacturing sector presents both unprecedented opportunities and challenges.
To thrive in a rapidly evolving global market, businesses must navigate these opportunities and challenges by harnessing the power of technology. Integrating both technology and human skills, including data analytics and insights, can help businesses leverage the speed and precision of technology while utilising the critical thinking and problem-solving of skilled workers.
As we move towards a more digital world, manufacturing and service companies are realising the importance of Microsoft technology, such as digital twins, AI, IoT, machine learning, predictive analytics, and automation within their supply chains. These technologies also help businesses achieve their ESG/sustainability goals by reducing waste, improving efficiency, and increasing transparency.
Introduction
In our Smart Factory of the Future Expert View series, Matt Birtwistle, Manufacturing IMU Director from HSO, chats with industry and software experts to investigate how technology can help overcome some of the most important and strategic manufacturing and service industry challenges. By embracing and integrating these cutting-edge technologies, enterprises can proactively position themselves to maintain a competitive edge in the dynamic and constantly evolving global market.
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In this edition of our Expert View interview series, Matt Birtwistle talks with Faheen Khan, Senior Economist at Make UK, about the Q3 2024 Manufacturing Outlook report by Make UK and BDO. The report highlights a mix of challenges and opportunities in the manufacturing sector.
Despite recent dips in output and recruitment, business confidence is at its highest since 2014, driven by political stability and optimism for future growth. Faheen Khan will discuss the expected rebound in output, the shift in export and domestic orders, and the crucial role of technology in enhancing productivity. He will also emphasize the need for a robust industrial strategy, including advancing the UK CBAM, reviewing apprenticeship funding, and committing to large-scale infrastructure projects.
Top episodes from the series
Smart Factory of the Future Expert View
Learn more about The Smart Factory of the Future video series here
Smart Factory of the Future Video Series
In this series, we showcase a number of short videos to demonstrate, how Microsoft Dynamics 365 Manufacturing and Supply Chain Management helps manufacturers build a factory of the future.
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