{"id":34873,"date":"2020-11-06T09:55:39","date_gmt":"2020-11-06T01:55:39","guid":{"rendered":"https:\/\/www.tm-robot.com\/?p=34873"},"modified":"2021-11-08T16:43:20","modified_gmt":"2021-11-08T08:43:20","slug":"the-role-of-industry-4-0-in-the-manufacturing-sector-post-covid-19","status":"publish","type":"post","link":"https:\/\/www2.tm-robot.com\/en\/the-role-of-industry-4-0-in-the-manufacturing-sector-post-covid-19\/","title":{"rendered":"What is the Future of Industry 4.0 After COVID-19?"},"content":{"rendered":"
Across the world, the COVID-19 pandemic has disrupted the global supply chain<\/a> and exposed the limited resilience of many manufacturers. Some manufacturers have ceased production completely, many have seen a great reduction in demand, and others have experienced a huge surge in demand. With a global recession looming, those who have fragile supply chains, insufficient agility, and overdependence on human assets will be left behind. The need for manufacturing industries to step up performance and invest in smart factory production, otherwise known as Industry 4.0, has never been greater.<\/p>\n Prior to the pandemic, industry 4.0 was only an area of interest and an exciting subject brimming with potential benefits to many manufacturers. It was only seen as a positive and future thinking topic. Business-drivers of industry 4.0 pre-COVID focused on cost reduction, competitive advantage, productivity, innovation, and sustainability. The goal was to make businesses with well-oiled operations run better.<\/p>\n Today, however, the focus for many manufacturers is survival, damage limitation, recovery, and business as usual in the next normal. To achieve all of these, they will have to leverage the benefits that industry 4.0 and smart factory<\/a> offer in the aftermath of COVID-19.<\/p>\nIndustry 4.0: Then vs Now<\/strong><\/h2>\n