Manufacturing Technology, Future Of Manufacturing

Unlocking Value from Artificial Intelligence in Manufacturing

December 12, 2022

Unlocking Value from Artificial Intelligence in Manufacturing
Artificial intelligence (AI) can enable a new era in the digital transformation journey, offering tremendous potential to transform industries for greater efficiency, sustainability and workforce engagement. Even though the impact of AI applications in manufacturing and value chains is known, the full opportunity from their deployment is still to be uncovered due to a number of organizational and technical roadblocks. Recognizing this need, the World Economic Forum’s Platform for Shaping the Future of Advanced Manufacturing and Value Chains and Platform for Shaping the Future of Technology Governance: Artificial Intelligence and Machine Learning, together with the Centre for the Fourth Industrial Revolution Türkiye, convened industry, technology and academic experts to shed light on these challenges and propose a step-by-step approach to overcome them.

Spotlight

Pak Elektron Limited

Pak Elektron Limited (PEL) is the pioneer manufacturer of electrical goods in Pakistan. It was established in 1956 in technical collaboration with M/s AEG of Germany. In October 1978, the company was taken over by Saigol Group of Companies. Since its inception, the company has always been contributing towards the advancement and development of the engineering sector in Pakistan by introducing a range of quality electrical equipments and home appliances and by producing hundreds of engineers, skilled workers and technicians through its apprenticeship schemes and training programmes.

OTHER WHITEPAPERS
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Bringing a Thought-Provoking Approach to Manufacturing and Hi-Tech B2B Digital Experiences and eCommerce Opportunities

whitePaper | November 11, 2022

The manufacturing and hi-tech industries are accustomed to economic downturns, legislative impacts, tax and tariff complexities, and supply chain concerns. During the Great Recession, the United States’ manufacturing downturn resulted in a loss of 10% of its GDP, compared with only 4% for the overall economy. With these already poignant experiences, it is not hard to believe the pace of change has picked up in the last decade.

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Top Legal Issues Facing the Manufacturing Sector in 2022

whitePaper | July 8, 2022

In response to increasing demand by the investment community over the last dozen years, the Securities and Exchange Commission (SEC) has published guidance calling for greater disclosure by public companies of the risks and costs of climate change on their businesses. The SEC’s efforts to promote greater transparency on corporate environmental impact culminated on March 21, 2022, with the promulgation of a proposed rule setting forth a sweeping array of new requirements for detailed disclosure of those risks and costs, with particular attention to greenhouse gas (GHG) emissions. If adopted, the rule would impose on publicly-held manufacturers significant obligations not only to make these disclosures but also to establish an extensive system of disclosure and accounting controls needed to ensure the periodic capture, assessment, and dissemination of a company’s exposure to climate-related risk and impact on the environment. Appropriate maintenance of any such system would require rigorous assessment of the adequacy of design and operating effectiveness of those controls.

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HOW INTELLIGENT AUTOMATION DRIVES CUSTOMER-CENTRICITY IN MANUFACTURING

whitePaper | August 17, 2022

The need for true customer-centricity is impossible to ignore in the manufacturing world. Disruptive technology, instant availability of information, the expectation of to-the-second service in an on-demand consumer economy have given rise to a new power balance, in which the demands of the customer call the shots – rather than the way manufacturing businesses determine they should operate. In this redrawn landscape, intelligent automation (IA) can be the difference between success and failure. But what does it take to integrate IA into a manufacturing operation – and where are its benefits felt most prominently?

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ADDITIVE MANUFACTURING OF SMALL AND MICRO METAL PARTS

whitePaper | October 24, 2022

Additive Manufacturing (AM) which is also known as 3D printing has received increased attention over the last couple of years and has proven to be an innovative manufacturing technology that can be applied in multiple industrial sectors. However, the term „Additive Manufacturing“ includes a large variety of technologies that offer different advantages and disadvantages. Moreover, according to the desired characteristics of the finished part, one technology can be more suitable for the manufacturing of the part than another. This results in the challenge to select the adequate technology for a specific application.

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Improving the Experience for Production Staff in Manufacturing Companies

whitePaper | October 28, 2022

Manufacturing companies can integrate all the connected resources of a process and their various business applications – enterprise resource planning (ERP), manufacturing execution system (MES), product lifecycle management (PLM), and warehouse management system (WMS). They can also connect their assets, supply chain partners, and even customers through networks and the cloud.

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Enhancing value to customers by optimizing the production process

whitePaper | May 20, 2022

In today’s Industry 4.0-driven market, companies strive to meet customers’ needs and offer the most competitive and valuable solutions while being efficient and reducing costs. To face this challenge, manufacturers need to leverage the advantages of digital transformation.

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Spotlight

Pak Elektron Limited

Pak Elektron Limited (PEL) is the pioneer manufacturer of electrical goods in Pakistan. It was established in 1956 in technical collaboration with M/s AEG of Germany. In October 1978, the company was taken over by Saigol Group of Companies. Since its inception, the company has always been contributing towards the advancement and development of the engineering sector in Pakistan by introducing a range of quality electrical equipments and home appliances and by producing hundreds of engineers, skilled workers and technicians through its apprenticeship schemes and training programmes.

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