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5G and Manufacturing: Productivity & Efficiency
November 17, 2021 @ 10:00 am - 12:00 pm| Free
Join this event, delivered in partnership with UK5G and The Manufacturer to learn more about how 5G can potentially transform the productivity and efficiency of manufacturing operations in the future.
With businesses facing increasing customer demands and pressure on margins, maximising uptime is crucial for profitability: downtime costs manufacturers in the UK three days of production per year on average. “Fix it when it’s broken” or “regular maintenance every six months” are inefficient, wasteful and impact profit margins. They are not the best options in today’s fast-paced environment.
5G will transform the sector, enabling more efficient and effective ways of working. Globally, the sector is experiencing ever shorter product life cycles; against a backdrop of rapid shifts in trends and increasing demand for personalisation, consumers expect agility. In a time of shrinking margins, maximising uptime is more important than ever to retain profitability.
This event, from UK5G and The Manufacturer, will be of interest to anyone concerned about the productivity and efficiency of their manufacturing operations in the future.
About the Events
In 2020, the manufacturing industry accounted for £191 billion of output and 2.7 million jobs, with average wages 13% higher than the rest of the economy.
Amid Covid-19, the manufacturing sector has been forced to find new and innovative ways to operate safely and efficiently—yet the challenges facing the sector before the pandemic still remain.
5G will transform the sector: facilitating more efficient and effective ways of working. Globally, the sector is experiencing ever shorter product life cycles; against a backdrop of rapid shifts in trends and increasing demand for personalisation, consumers expect agility. Manufacturing equipment is also becoming progressively more complex and so making changes to production lines at short notice can be tricky, even more so when relying on wired connectivity. And in a time of shrinking margins, maximising uptime is more important than ever to retain profitability.
5G provides the means to tackle these manufacturing challenges – and more.