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Accelerate Your Automotive Manufacturing Operations with Smart Factory MOM

The automotive manufacturing industry is a significant contributor to the global economy, generating an estimated $4 trillion in revenue in 2020. Although the industry faces challenges such as competition, government regulations, and changing consumer preferences, it has significant growth potential in the coming years. To sustain growth, the industry should prioritize innovation, cost reduction, and market expansion, while also prioritizing environmental sustainability by developing eco-friendly and efficient vehicles and adopting sustainable manufacturing practices. Driven by increasing demand for electric vehicles and technological advancements in autonomous driving and connected cars, the industry’s global market size is predicted to increase to $5.4 trillion by 2027.
Companies must be agile, adaptable, and capable of monitoring material usage, processes, and employee activity in fine detail to succeed in this dynamic industry.

Industry Challenges

Raw Materials and Resource Availability

Securing a steady supply of raw materials and resources is crucial for manufacturers to meet production targets. Diversifying suppliers and establishing long-term relationships with them is key to ensuring availability.
Automotive Industry Solutions
Automotive Industry Software

Maintenance and Breakdowns

Production delays caused by unexpected maintenance or breakdowns can harm a manufacturer’s bottom line. Investing in predictive maintenance technology and preventive maintenance programs can keep production on track.
Automotive Industry Software

Real-Time Visibility

Without real-time visibility into the manufacturing process, identifying and resolving production bottlenecks can be difficult. Manufacturers can adopt technology that provides real-time data on production processes to rapidly address issues.
Automotive Manufacturing Process
Smart Manufacturing for Automotive

Standardization

Inconsistent final products due to a lack of standardization in the manufacturing process can lead to customer dissatisfaction. Automation technology and standard operating procedures can help manufacturers reduce human error and ensure consistency.
Smart Manufacturing for Automotive

Smart Factory Solution

Reduce Unplanned Downtime

Reduce Unplanned Downtime

Accurately tracks equipment performance and health so manufacturers can optimize maintenance schedules, resulting in more reliable and available equipment.

Improve Efficiency

Improve Efficiency

Breaks down information silos allowing manufacturers to tap into previously unused or underutilized data, speeding up operations, and producing vehicles and parts faster and with greater precision.

Optimize Production and Quality

Optimize Production and Quality

Real-time information, from the plant floor to the C-suite, enables personnel to gain deep visibility into complex work processes. This allows for more data-driven insights and tighter control of production quality, staffing, and predictive maintenance scheduling.

Improve Equipment Utilization

Improve Equipment Utilization

Efficient inventory management ensures that the right materials are available when needed while also reducing inventory costs.

Improve the Efficiency and Repeatability of Training New Employees

Improve the Efficiency and Repeatability of Training New Employees

Specialized eLearning modules help standardize training processes, making it easier to train new employees and improve efficiency and repeatability.

Real time Insights for Wsift Decision Makeing

Provides Real-time Data Reporting

Real-time information enables manufacturers to make quick and informed decisions to improve productivity and efficiency.

Buyers Guide
Be a Smart Automotive Manufacturer!
Looking for a game-changing solution for your automotive manufacturing needs? Look no further than our Smart Factory solution. Download its brochure now and start your journey to success!
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