Manufacturers that make it through pandemic will be leaner and more efficient
12 Mar 2021
Stock image. 'Major themes are automation, Industry 4.0 and decarbonisation' (Credit: Shutterstock)
As much of production has reduced its rate and in many cases shut down, manufacturing is looking at how it can return to profitability in the post-Covid world.
While larger companies have typically been able to resize, remove overheads and concentrate on developing their manufacturing technology, smaller companies have attempted to pivot in order to maintain cash flow.
Many companies have used the downtime to develop technologies that will give them a competitive advantage as they move forward. Major themes are automation, Industry 4.0 and decarbonisation.