An interesting read from Ericsson on how reshoring manufacturing is helping to bring back jobs. A thoughtful reflection is the impact of automation in manufacturing and how this is affecting growth:
“The fact is that automation is affecting jobs globally. For example, over the last 10 years, Chinese manufacturing has seen a 6% growth compared to a .4% increase in the US. That’s being driven at least partly by automation technology, which China is adopting much faster than other regions. So to some extent, adopting more automation in places like the US and Europe is necessary just to keep pace with the rest of the world. It’s an efficiency gap that needs to be closed if manufacturers are to successfully bring plants and jobs closer to their home markets.”
AR coming of age?
Awesome to see how AR can create a 10 percent decrease in plant maintenance labor and a 5 percent decrease in equipment downtime because of more efficient troubleshooting