Technology And Manufacturing Sector Overview

The JC Gear Company has decided to initiate a project aimed at automating its production planning and control system. Among the options, the company focuses on two alternatives: (1) purchasing the most suitable system off of the shelf and modifying it according to its individual production needs; or (2) developing a system

Industries will look different with all of these forces. The strategy will change based on how these forces look for the organization and industry. These concepts can be applied across the board, and they help organizations from getting trapped into the latest trends and technology out there selling solutions. This matrix really helps to

Technological advances over the next ten years are projected to grow at an astronomic rate. As business owners you must consider carefully all of the affects the different forms of technological advances will affect your business.

Although the U.S performance in manufacturing is remarkable there are some challenges that are an issue for the sector and it could lead to a downshift to of the economy. According to the Bureau of Economic Analysis (BEA) it reports that the U.S produces about $1.80 trillion in revenue, this would make the U. S industrial sector the world 10th largest economy in terms of (GDP). Productivity has also been in a stable rise until 2011 but in the new type of market the U.S is trying to compete outdated forms of manufacturing procedure are unsuitable forms when it comes to implementing new technologies (Kathawala, Y., & Hilsheimer, G. (1991)). Consumers want variety and innovation without the cost and quality penalty. This type of change requires manufacturing to be cost effective and flexible to meet market demands

The industry seems to be less cyclical but the production will be low during recession and the sales of companies will grow rapidly during good economic times. As the industry consist of four companies and produces key components that cannot be replicated with technology; and needs skilled workers, buyers have to buy the products to continue the production. The companies with great sales can get financing at the interest rate of 8%.

These transformations are creating shortages in the field. This is because there are a number of factors that are working together including: more consumers / businesses switching to green technology and the demand for smarter / faster electronics devices. This has resulted in higher salaries and a low unemployment rate for the sector. ("Put Spark in Your Future") (Gearon)

Despite the fact that there are better manufacturing technologies to be found in today's modern world, it is still quite difficult for every Tom, Dick and Harry in business to manufacture their own products. This is because the cost of setting up a manufacturing plant is significantly high; in addition, one requires a team of professionals with a high level of expertise in various aspects of manufacturing in order to have everything up and running as smoothly as possible.

Internet of things has been beneficial to the industries due to automation of processes. Management should, therefore, incorporate the automated decision with their human judgment to avoid unmonitored processes and decision making of the organization (Pye,

The technology era has been a huge challenge to mankind so far since the 21st century, we have seen a continued growth in technology. Some of the challenges involves throughout has been lost of manual work force and implementation of automated force.

I sure this read will illustrate ways to help the industry and make strides toward constant advancement.

Western civilization has already witnessed three industrial revolutions, which have led to disruptive changes in industrial processes, resulting in a significant increase in productivity. The first introduced steam and water power to mechanize production. The second used electric power to create mass production (assembly lines) and the third used electronics and IT to automate production. The fourth industrial revolution is already in progress. This time, the Internet is combining with intelligent machines, systems and processes to form a sophisticated network that integrates the cyber and the physical worlds (Dujin, Geissler, & Horstkötter, 2014).

Since the “Dot-com Boom” of the 1990s placed more emphasis and value on technology due to the exponential growth in the sector, making people rich quickly, and raising the Nasdaq Index by nearly 400%, technology has become more integrated into the American and global culture. In recent history, many technological advances have taken place from those that enable people to communicate with others using systems embedded with language translation software to “smart” toilets that are controlled with apps to heat the seats, lift the lids automatically, built-in bidets, and come with the ability to be synced to play music. Unfortunately, with the rise in accessibility to citizens through the usage of

The IoT’s job is becoming more vital in rendering access to devices and machines which existed manufacturing systems are hidden in well-designed storage towers (silos). This advancement can allow the IT further to come into the digitized manufacturing systems. The entire range of applications which can run around the production shall be connected to factory via the IoT. This would range from connecting the factory to the smart grid and sharing the production facility as a service. In this context, the production system would be though as one of the many IoTs. A new ecosystem for smarter and more efficient generation could be defined.

The no-wait flow shop requires that once a job has started it must be processed until completion without any interruption either on or between machines. This implies that the starting time of a job at the first machine has to be delayed to ensure that the job can go through the flow shop without having to wait for any machine. This type of scheduling is necessary were operations are required to follow one after the other due to production constraints, such as the production of steel or plastic molding. Manufacturing environments that use robots and industrial machines can be modeled as a no-wait process. Assumptions that are taken in the no-wait flow shop include the following: Job operation times are deterministic and known in advance; a job consists of a strictly ordered sequence of operations; the same job sequence is assumed for each job, but machine skipping is allowed (10).

In the present scenario of manufacturing, agile manufacturing calls for flexibility in the global market which involves rapid changes. Flexible manufacturing technology such as agent manufacturing plays a vital role to achieve agility in the system. (Yeung, W. 2012) in job shop floor the project scheduling technique provides the dynamic and unique way of dispatching the jobs if there is any variabilities in the manufacturing system, resources, production disturbances and irregular arrival of products. The main emphasis is designing the network schedules which will be applicable to be implemented in a competitive operating condition. These software scheduling tools will be able to represent the manufacturing tasks, sub tasks, work system and people involved. (Wang, 2015) using simulation tools, the performance of a (simulated) multi-agent manufacturing system under particular operating conditions can be analyzed in terms of. Simulation models are developed based on current system to eliminate bottlenecks, to prevent under or over-utilization of resources, and to optimize system performance.