Manufacturing IMTMA Symposium on Appropriate Automation in Indian - - PowerPoint PPT Presentation

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Jun 09, 2023 266 likes •538 views

Impact of Digitalization in Discrete Manufacturing IMTMA Symposium on Appropriate Automation in Indian Context Indian Context, 2017 to 2022 2017 2022 Population 1.3 Billion 1.4 Billion Youth coming into Employment age 1 Million per month

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Impact of Digitalization in Discrete Manufacturing

IMTMA Symposium on

Appropriate Automation in Indian Context

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Indian Context, 2017 to 2022

2017 2022 Population 1.3 Billion 1.4 Billion Youth coming into Employment age 1 Million per month 1.3 Million per month Employment Rate & new Jobs required 52% & 100 Million GDP 2.6 Trillion USD 4.0 Trillion USD Contribution of Manufacturing to GDP 16% (400 Billion USD) 25% (1 Trillion USD) WEF Ranking – Manufacturing Readiness for the future 30 (Legacy) Leading, High Potential, Legacy, Nascent Should enter top 10 (Leading) Human capital Development & Sustainable Resources are two challenges

Manufacturing has a key role to play in GDP growth, and socio-economic health of our country

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Indian Manufacturing – Current Conditions are Positive

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Why Digitalize?

Demand for small batch quantities and several variants
Quick Turnaround times expected
High penalties for non-conformation (Quality / Time)
Traceability requirements mandated by Safety laws / Governments
Global opportunities also mean Global competition
Requirements of Mass Customization / Personalization
Manufacturing Data will grow exponentially

Improve and sustain productivity, quality and turn around times while still being cost competitive!

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Productivity = Profits! $ € ¥ ₹ £

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Business Processes

Production Engineering Sales Manufacturing Operations CAE, PLM, CAD.. Order fulfilment visibility Shop floor connectivity Modelling & Simulation Flexible Pricing Model Manufacturing Analytics Rapid Prototyping Customer feedback … ….. …. Decentralized Decision Making Communication Smart Manufacturing Real-time decisions Connected Factory Mass customization Transparency Real time data Scalability Autonomous Decision making Mobility Flexibility & Agility ….. ….. …..

Smart Steps

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Sample Deployment for OEE, Energy, Digital Factory & Shop ANDONS

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Journey drivers

Change Management
How to enable this?
Culture
Can a company think 19th century, and adopt Digital?
Competency
What are the new competencies?

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Impact of Digitalization: Plug in your own data, and check! My Company Description Value

Avg. machine hour rate ₹ $ € ¥

800 Improvement in productivity 10% Increase in machine hour rate 80 Work hours in a month 600 Regular monthly revenue 4,80,000 Monthly productivity increase 48,000 Total revenue, after increase 5,28,000

Increase in Annual revenue 5,76,000

Investment, 1-time 2,00,000

Months for full realization 4 Your 1st Year R.O.I.

288%

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