The manufacturing sector might seem completely different compared to the typical business industry. However, this is not the case. There are lots of similarities and the issues that manufacturers are facing right now are being felt by a lot of other businesses on the market. Here are some of the problems that manufacturers do need to be aware of.
Maintaining Efficiency
First, it’s important for businesses in the manufacturing sector to understand the necessity of keeping processes efficient. High levels of efficiency will always mean costs can be lowered, increasing profitability.
One of the ways that manufacturers can achieve a higher level of efficiency is by investing in the right equipment such as a Ystral High Shear Mixer which provides an effective and rapid solution for the wetting, induction and dispersing of powder into a base liquid. This can be used for a wide range of processes.
Cyber Attacks
According to the latest reports, 40% of manufacturers have experienced a cyber attack in the past year. This might shock or surprise those who assume that cyber attacks are reserved for offices or online businesses. Hackers are aware that manufacturers often hold a lot of data and they can also be the victim of ransomware attacks.
It is recommended that manufacturers do invest in the latest cyber security systems to ensure that their business is not left vulnerable to a potentially damaging attack. It’s also becoming more common for manufacturers to use the service of fully managed IT teams.
Experts within these teams can guarantee that the network at the heart of a manufacturing company does remain secure.
Dealing With Outbreaks
While it might seem as though the worst of the COVID-19 pandemic is now behind us, experts are quick to warn that this is not quite the case. On the contrary, it’s possible that outbreaks could impact businesses for several years.
Many companies are choosing to continue to operate remotely rather than bringing people back to the office. Manufacturers do not have this luxury and it is essential businesses have a plan to prevent outbreaks, while dealing with the matter quickly if one does arise.
Right To Repair
Finally, according to the latest research by experts the new ‘right to repair’ act will mean that manufacturers will need to be prepared for a higher level of claims regarding equipment that is defective after several years. This could include washing machines, dryer’s, dishwashers but crucially misses out things like laptops.
The ‘right to repair’ act is designed to make it easier for consumers to replace or repair expensive products. But there is some concern that it’s going to hit manufacturers hard. As such, it will be essential to ensure that the right standards of quality are in place.
We hope this helps you understand everything that you need to know to ensure that your manufacturing business is on the right track for dealing with problems that could be just over the horizon. By taking the right steps you can ensure the longevity of your business and potentially beat the competition.
