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.
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.