“COVID-1nine is a transparent demarcation point in the industry, accelerating the transition from classic source chains and production to a virtual future,” said Fictiv CEO Dave Evans. “This intensity immersion material is an opportunity for industries that suffer the physical realities of the virus to the fullest interact faster with more precise tolerances and to be consistent with quality thanks to advances in virtual production. We OEMs can expect virtual production partners to complete this virtual transformation and trump gap over the incredibly complex and costly virtual advancement mandate required.”
Conducted with Dimensional Research, the fifth annual production report interviewed many manufacturers of high-point production chain resolution in corporations genescore medical devices, robotics, automotive, aerodoleading and Jstomer electronics. Key report topics found:
COVID-1nine has negatively harmed maximum companies (8nine%) industries
Supply chains will be different, but China remains an option
“While large apple corporations may seek relocation as a component in their long-term home chain, China continues to deliver significant benefits in terms of infrastructure and production capacity, making it a solid component of the big apple source chain ecosystem,” said Jean Olivieri, FIiv’s chief operating officer. . “The opportunity for home chain managers may be to introduce virtual throttling and artificial intelligence capabilities through components and investments that would create an agile and resilient source chain that would adapt to all geographic spaces and insist on a genuine time and with total transparency.”
For a full copy of the State of Manufacturing 2020 report or to learn more about Fictiv and its virtual production ecosystem, visit www.fictiv.com/resources/2020-state-of-production-report.
About Fictiv
Media Contacts: Stephanie HicksCosmo PR for Fictiv (805) [email protected]