Many companies are doubling down their investments in Chinese factories with an objective to capitalize on an economy that is rebounding faster than ever from COVID-19 crisis.
These investments are a testament to the fact that factories in China have geared up for complete automation. The growth is inevitable. And companies realise that the time is now to open their wallets, buy machines and crush the competition.
However, these investments will not ensure for automation to run by themselves. One negative consequence of using automation to improve manufacturing production is inadequacy of skilled labour.
To understand this, MTG has prepared a useful kit for manufacturers contemplating an investment in automated equipment: "The Secrets about Production Automation that Nobody Will Tell You" which runs you through a realistic example of how a seemingly obvious decision to automate a production line can actually be a big mistake.
Keep reading to learn more about why automation may not always be the 'magic bullet' that many manufacturers think it is.
Most manufacturing managers in China have limited experience with automated processes. They tend to underestimate the implications of full automation.
Here are seven secrets that will commonly be encountered when implementing automated processes:
All of these points are expanded upon in our PPTx and excel costing sheet kit: "The Secrets about Production Automation that Nobody Will Tell You"
In "The Secrets about Production Automation that Nobody Will Tell You" PPTx presentation and xls model, we start from a seemingly straightforward example -- a machine that is supposed to reduce costs by more than half.
The reader is walked through the cost analysis, one step at a time, and is given the Excel spreadsheet with all the details – this way you can use it as a financial model and tweak the numbers to analyse a different situation, such as a possible implementation of automated processes in your factory.
This kit contains the following files:
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