The 4.0 industrial revolution will certainly change all fields of business, including the manufacturing industry. The ongoing industrial revolution has provided significant changes such as advanced computers, smart robots, vehicles without drivers, and automated systems that can be monitored 24 hours in the industrial field.
Almost all industries today are connected to the internet to facilitate human work. These various changes need further adjustments to ensure they run smoothly. Companies must prepare themselves to face the 4.0 industrial revolution. Some strategies companies need to face the 4.0 industrial revolution, such as:
1. Improve Goods and Materials Quality
The first strategy that companies needs to face on 4.0 industrial revolution is by improving the quality of goods and materials. Internet and technology has reduced the boundaries between countries. Nowadays, consumers can buy goods and products from any other country in the world. To adapt to these effects of the 4.0 industrial revolution, companies need to make improvements in the quality and quantity of their products. Companies also benefit from the advanced technology of the 4.0 industrial revolution to increase their own production speed and efficiency.
2. Improve Human Resource Management
Another strategy to face the 4.0 industrial revolution is to improve the quality of human resource management in order to meet global standards. Robots and automated machines have increasingly begun to take over several tasks in the production line, but while this generates worries over employment rates, the reality is they simply aren’t capable of taking over for all humans.
Robots cannot take on jobs that require human interaction and knowledge which will also need their own technicians for programming and maintenance. These poses challenges to human resource management as organizational structures shift and the need arises to pivot talents to other roles and maximize both automated and human productivity.
3. Use of the Internet of Things
As technology continues to improve, most industries evolve to integrate it with their day-to-day operations. Companies should adapt to this shift and utilize transformational new technology to sharpen their competitive edge, including Big Data, Machine Learning, Cybersecurity, Cloud Servers, and Augmented Reality.
Companies must incorporate a smarter technology team to pioneer the integration with their production funnel. These changes are sure to maximize output, find savings in operation cost, and push profit.
4. Adapt with New Rules & Policies
Each company has its own set of rules, policies and processes meant to manage the proper workflow. Adapting to new technologies will necessitate changes to this workflow. As the technological advance tend to grow exponentially the more advanced they are, companies should revisit their process systems every year to see what changes need to be made. These changes can affect the sourcing or vetting of new raw materials or suppliers, evolving organizational structures and job descriptions, cybersecurity measures and talent training and development.
5. Pivot with the Market
One of the strategies that companies need to face on industrial revolution is be more agile in the products and services they offer. Technology not only gives opportunities, it can also make certain products and services obsolete. Constant development and testing can help stay on top of any market changes and maximize opportunities to get new customers or build loyalty with existing ones.
Well, those are 5 strategies that companies need to face on 4.0 industrial revolution. If you want to build a manufacturing company, you should look for an industrial area that has the complete facilities and a strategic location close to transportation routes.
One of industrial areas that has a strategic location is Karawang New Industry City (KNIC). Located close to the capital city of Jakarta and with easy transport access makes KNIC a suitable area for building and renting warehouses.
In addition, KNIC has 6 access points to national infrastructure such as the Jakarta-Cikampek toll road, the Jabodetabek LRT, the Trans Java line, the Jakarta-Bandung Railway, the Kertajati International Airport, and the Patimban port. In addition, KNIC is also supported by several of its own facilities such as premium electricity, natural gas, and fast internet connections to support the performance of manufacturing companies.