What are the Novel Growth Opportunities Driven by Flexible Manufacturing Sector?
Innovative business models are leading to enhanced customer experiences and high competitive intensity - flexible manufacturing system,flexible production system,flexible manufacturing technologies
The manufacturing sector is highly vulnerable to unpredictable dynamics. Sudden changes in demand lead to major supply chain disruptions, resource shortages, increased turnaround time, and, most importantly, losses incurred while incorporating these changes in production processes.
• A comprehensive and adaptable system that meets business needs, enhances productivity, and boosts consumer satisfaction is the need of the hour, and flexible manufacturing (FM) is one such system that can help companies meet these goals.
• The Flexible manufacturing system has been in use for a long time; however, it has not seen widespread usage due to technology backwardness.
• Manufacturers are inclined toward this system due to its adaptability and because it offers better product quality, a shorter lead time, and a broader range of products, eventually leading to higher customer acquisition rates.
Sign up for a complimentary Growth Pipeline Dialog™
A Growth Pipeline Dialog is a structured open discussion with our growth experts providing unparalleled industry intelligence, technology advancements, and proven implementation best practices. This discussion will spark innovative thinking and help generate a pipeline of growth opportunities you can leverage to maximize your company’s future growth potential.