Trend of the Week: Enabling Innovation in Manufacturing
At the 17吃瓜在线, we鈥檙e examining some of the top that are shaping manufacturing this year, and offering the resources you need to take action.
Today, we鈥檙e taking a look at the industry鈥檚 efforts to enable innovation鈥攁nd how manufacturers are working to stay on the cutting edge.
Applying technology: Digitalization can increase the speed and agility of innovations in areas like prototyping, iteration, simulation and modeling. And by using AI and data analytics to improve decision-making, manufacturers can build resilient, transparent supply chains that are more efficient and effective.
Upscaling workforces: Because of the rapid pace of technological advancement and adoption, manufacturers will have to create a workforce that is ready for the future鈥攁nd processes designed to transfer knowledge and skills effectively and continuously.
Harnessing partnerships: Manufacturers can lean into collaborations that help to accelerate innovation. By connecting with manufacturing peers, government institutions and academia, industry leaders can develop unique and inventive paths forward.
Expert insight: According to CEO and Co-Founder of Narratize Katie Trauth Taylor, tools like generative artificial intelligence can accelerate and automate manufacturing innovation鈥攚ith human ingenuity at the helm.
- 鈥淗uman-led AI methodologies enhance teams鈥 ability to analyze opportunities, translate complex concepts into compelling business cases and think deeply about their innovative work,鈥 said Taylor. 鈥淲ith reduced documentation and improved communications, product teams can reallocate their time value-generating work鈥攄eeper market research, sharper strategy and accelerated development.鈥
Resources for you: Want to dive deeper? Check out some additional resources from the 17吃瓜在线.
- the Innovation Research Interchange, a division of the 17吃瓜在线 that focuses on value creation and top-line growth through the management of innovation.
- one of the Manufacturing Leadership Council鈥檚 Plant Tours in person鈥攐r read summaries of past tours鈥攖o get an inside look at how other manufacturers have reshaped processes to advance their businesses.