Radwell International’s Blog

There are many types of business models commonly utilized. Two business models that get a lot of focus are B2B and B2C models. B2B, which stands for business to business, is a model in which businesses sell products or services to other businesses. The second model is B2C, in which businesses sell products or services directly to consumers. These two business models seem clear in terms of the differences between them. Yet there is a third business model that is growing in popularity for manufacturers that allows typically B2B operations to have direct access to consumers. This business model is called B2B2C.

A supply chain is a series of links between companies and suppliers for the purpose of producing and distributing a product to a final buyer. This network of links includes various entities such as manufacturers, producers, warehouses, logistics services, distribution centers and retailers. When it comes to supply chain management, a healthy supply chain helps get a product successfully and profitably from the planning phases to the end user in a reasonable amount of time. Healthy supply chains help reduce costs for companies as well as help them stay competitive in the marketplace.

These five stages of a supply chain outline the basics of what it takes to transform raw materials into finished products successfully and profitably.

A modern machine shop automatically adds value within a manufacturing operation. For starters, a modern machine shop houses equipment, usually old and new, that enhances manufactured products in some way. The machine shop is a value-added aspect because anything that happens in the machine shop further enhances and completes a product that is being produced in a facility. Adding value is the enhancement of a product during the process. Let’s look at why a machine shop adds value.

Any machine in a machine shop environment that is machining, plating, polishing, cleaning, or assembling is making money for a manufacturing operation. The nature of adding value is the transformation of the item during the process.

As technology continues to grow and expand, so does the Industrial Revolution. There are four established stages as of now, with a fifth beginning to take shape. It started with the first stage of mechanized production. During this stage, water wheels and steam engines were created, and manufacturing moved from manpower to machine power. The second stage was mass production. A major technological advancement was achieved in the form of electricity. This technological advancement allowed for the creation of assembly lines. The third stage was the Digital Revolution. Analogue electronics and mechanical devices were expanded into digital technology such as personal computers, the Internet, and information and communications technology.

A type of robot growing in popularity in the industrial manufacturing industry is called a cobot, otherwise known as a collaborative robot. The reason for the growing popularity of cobots is their ability to work side by side with human operators to accomplish a task. With ever expanding technology, many fear it will make human workers obsolete. Robots are one of the top concerns. However, when it comes to cobots, they have one great difference from traditional industrial robots. Their design purpose is to work productively alongside humans. This will obviously have the benefit of human labor still required and an advanced form of technology assisting in the job process. Nobody wants to see human labor become obsolete. This is why more and more manufacturing operations are making use of cobots, as they integrate automation systems.

Automation in manufacturing has a great impact on many facets of an operation. In addition to costs, it also impacts worker safety and productivity. There are many benefits of automation processes in a manufacturing environment. Let’s look at some specifics with regards to the advantages of automation in manufacturing processes.

Obsolescence is an unavoidable part of any manufacturing endeavor. No matter how well your company has planned, some factors are more challenging to consider in advance than others.

In the era of Industry 4.0, new technology continues to revolutionize the manufacturing industry. Industry professionals view it as the latest industrial revolution, hence the Industry 4.0 moniker. Big data and computing technologies are the front-runners in innovations proving value to manufacturers. It is more crucial now than ever to remain on the leading edge of new technology. Upgrading equipment to provide greater efficiencies will provide a greater return on the investment.

Stress is a productivity killer in virtually any industry, and this is no less true for factory workers engaged in physically taxing and oftentimes repetitive and monotonous work within manufacturing plants and warehouses.

Factory work tends to be physically demanding, repetitive, technically complex and potentially dangerous. It includes a range of tasks such as packaging, stacking, sorting, storing, filling, mixing, inspecting and assembling, which often require the use of complex equipment. Physical stressors coupled with productivity demands can prove difficult for factory workers and result in declines in productivity and employee morale. Add to that extended shifts due to staff shortages, increased product demand, or, in extreme cases, a pandemic, and stress levels can skyrocket.

So how can factory workers de-stress after long shifts?

Did you know that manufacturing is the 2^nd most targeted industry by hackers? With that in mind, addressing cybersecurity is more important than ever in the manufacturing industry. Although IIoT and Industry 4.0 in manufacturing create many positive benefits for operations, they also create vulnerabilities within systems. These vulnerabilities make it possible for hackers to gain access to an organization’s systems, equipment and critical data. Because smart manufacturing often connects entire systems, this often allows hackers full system access unless there are proper protections in place.  Companies have traditionally focused on information security in which vulnerabilities were introduced through desktops or server computing.    IIOT and Industry 4.0 have introduced an additional layer of vulnerabilities and threats.

The advent of 5G technology is a highly anticipated tech innovation, particularly in the manufacturing sector, which is poised to benefit greatly from this development. With promising benefits such as super-fast connection, low latency, ultra-reliability, more bandwidth than Wi-Fi and 4G LTE, and support for thousands of devices in one location, no wonder everyone is excited about 5G technology.

With 5G, you can browse the Internet ten times faster, download a full-length movie in less than a minute and stream crisp, clear 4K video. However, the full potential of 5G technology can only be realized when the extent to which it can fundamentally change the manufacturing sector is established.

To understand how 5G technology can revolutionize manufacturing, we’ll talk about how 5G is set to transform the industry.