Sunday, December 13, 2015

Advanced Manufacturing



Advanced Manufacturing has been an area where the companies are investing a lot of money in order to increase their profit. This system is based on innovative technology that would improve processes. However, to increase the production area of a company, they would need to increase their investment budged waiting for a long term return. The creation of these machines can be very expensive however it will be the future of all the companies. The more the technology advances the more resources company will have. For example, the evolution of 3-D printing is expected in the future so companies can produce in a large scale and deal with the demand of the products. Also, the robotics is increasing so quickly that might be able to deal with customers large demand in the next 5 years. The bad side of it is that human hand working is being considered disposable, and will be considered even more in the future. Ferrari’s Company only has 500 employees working on the production area. They are only allowed to supervision the work robotics did before. However, these employees need to be well qualified in order to know how to manage these robotics devices.

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