This article discusses and acknowledges how industry 4.0 has allowed “manufacturers to increase operational visibility, reduce costs, expedite production times, and deliver exceptional customer support.” However, as we quickly move towards 2021, it is time to start looking at industry 5.0. Manufacturing has been around for a long time. “COVID-19 has really gotten people’s attention,” said Harry Moser, President of the Reshoring Initiative, an organization founded to promote manufacturing repatriation. One of the biggest issues last year that still sends shivers down the spine of manufacturers is the recall of millions worth of romaine lettuce. “COVID-19 has revealed the U.S. dependency on offshore manufacturing, especially China. As manufacturers continue to adapt to COVID-19 realities, they are realigning their organizations to quickly adapt, stay competitive, and remain focused. The aerospace and automotive manufacturing industries have already embraced 3-D. Manufacturers must figure out where their products fall within this five-point scale and plan accordingly. Energy efficiency. This has prompted many manufacturers to diversify sourcing by adopting a “China, Plus One” strategy or near-sourcing. Technology is evolving very fast. Those who wish to not just survive, but thrive, must leverage the latest technologies and trends. 3 Manufacturing Trends Brought Up by COVID-19 Pandemic Dominating 2021 02 Nov 2020 | Anju S The ongoing 4 th industrial revolution has taken the engineering manufacturing industry by storm and the way it used to function. Prior to COVID-19, reshoring — that is, bringing imported goods or materials back to domestic production — was already well on its way to becoming common practice amongst U.S.-based manufacturers. Its new report explores six plant-based food and beverage trends for 2021. 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. 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. In our new report “Top 2021 Trends: Architecture, Engineering, and Construction,” industry experts shed light on 15 trends that are going to shape the industry in 2021 and beyond. Predictive maintenance is proven to reduce unplanned outages and to extend machinery life by years. It has evolved a lot since its inception. BizClik Media Limited is a dynamic and disruptive global digital media company aimed at bringing business and industry executives up to date with the latest news, information and digital reports looking at the technology and digital transformations of the world leading companies and executive decision makers. From functionality and transparency to packaging and upcycled food, here’s a breakdown of FoodBev Media’s top five food trend predictions for 2021. Manufacturing Global Magazine focuses on manufacturing news, key manufacturing interviews, manufacturing videos, the 'Factory of the Future Podcast' series along with an ever-expanding range of focused manufacturing white papers and webinars. Manufacturers that intend to survive in this new era must fully embrace Industry 5.0 and reimagine the future of their companies — and the sooner, the better. For instance, productivity in construction has only grown one percent annually over the […] The government of Saudi Arabia is providing huge financial and administrative backing to the manufacturing sector. 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. Innovation in manufacturing techniques - bioanalytical capabilities, cell line development, aseptic manufacturing, downstream/upstream Continuous biomanufacturing - significant support for this in the small molecule space, what are the challenges and opportunities in the large molecule arena 1. 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.”. 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. Artificial intelligence (AI) and machine learning have topped the list of digital transformation trends for years. “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,” commented Hitachi. “Innovation is driving business growth, and technology is enabling manufacturers to evolve with an increasingly digital-first business landscape.”. Technology allows data collection, providing ways for efficient monitoring of production, and reduces costs. The economies in many go-to offshoring countries have become stronger in recent years, leading to an increase in wages for their citizens. Here are six hot trends with a solid ESG element for a tech-driven energy solution: ... including manufacturing and product use. Join Julie Fraser, VP Research, Operations and Manufacturing for Tech-Clarity, and Mike Stein, Product Manager, Sage X3, as they discuss the outlook for 2021. IoT is (Still) THE Big Thing 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. Stuck in an endless cycle of traditional break/fix IT? 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. For more information on manufacturing topics - please take a look at the latest edition of Manufacturing Global. Several exciting things are happening in the manufacturing industry, which not only ensures its survival, but predicts the industry’s further growth. […] As the pandemic shows, we can suddenly be in the impossible position of not having enough critical supplies. 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. 11 Trends That Will Dominate Manufacturing in 2021 by Martin Boggess Much has been said about Industry 4.0, and how it has revolutionized the manufacturing world by providing manufacturers with opportunities to utilize advanced tools and technologies throughout the product lifecycle. 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. 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