Digital manufacturing could revolutionise the automotive supply chain, courier Evolution Time Critical has said. The emergency overseas courier said that, according to a new SMMT report, digital manufacturing could be a £74 billion opportunity for the industry over the next two decades.
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The company said that if calls for digitalisation were met, vehicle manufacturers could be provided with the ability to “respond to time-contracted industry pressures by operating shortened, simplified networks that accelerate the time to market by up to 30 per cent.”“Acknowledgement of the benefits that can be brought by a digitalised industry – embracing the emergence of artificial intelligence, automation and robotics, and human-machine interaction – could provide the automotive industry with the ability to solve the issues of conflicting lead-times and unresponsive supply chain rigidity, perfectly aligning tighter schedules and providing a robust, agile next-generation manufacturing tool,” said managing director of Evolution Time Critical, Brad Brennan.