By Marcelle Grimard. Manufacturing Robot. Published at Thursday, November 08th, 2018 - 14:59:29 PM.
Okay so, rather than running redline down the Six Sigma, TQM, and Finite Capacity Scheduling Model assembly line - why not really mix things up? Why not turn the three story assembly floor into a robotic Rubik's Cube factory floor, which would operate like a robotic parking structure. An AI mathematical system could keep the system at optimum, and it would allow for all sorts of possibilities? Well, why not think on that for the next five-minutes and shoot me an email if you have any ideas along this line of thinking?
Analysts say that the use of robots has moved away from the large, expensive machines used for the most recent years in industries such as the automotive sector, to much more complicated robots that are more capable of completing more complex tasks. This enhances the competition inside the economy, basically providing a staple to go off of. Without scaling up to competition, companies can have severe, negative impacts as a result of not competing with industry innovation. According to Boston Consulting Group, investment into robots will rise 2-to-3 percent annually. Taking away one of the major staples to the manufacturing industry, and having blue-collar working people, would stop this annual growth and have an impact on the economy and competition.
This aspect of manufacturing occurs in an environment where there is free trade which is informed by the generally accepted fact that entrepreneurs should freely exercise the freedom to trade in products that cost them the least to produce.
The prominent companies operating in the market are Dyson Ltd., Ecovacs Robotics Inc., Infinuvo, iRobot Corporation, Koninklijke Philips N.V., LG Electronics Inc., and Neato Robotics Inc., Intellibot Robotics LLC, Yujin Robot Co. Ltd., and Samsung Electronics Co. Ltd. They have adopted strategies, such as expansions, partnerships, collaborations, mergers & acquisitions, joint ventures, new product launches, and others to strengthen their position in the market.
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