How Could AI and Automation Tackle the UK's Collapse in Car Manufacturing?
The UK automotive industry has been a pinnacle of excellence over the last century. However, during the last few decades, sectoral shifts and an evolving competitive landscape have adversely affected the industry, with the pandemic further aggravating these challenges by throwing the demand-supply equilibrium into disarray.
In July 2021, car production in the UK slumped to its lowest level since 1956. Following this announcement, Jasmeet Singh, Executive Vice President and Global Head of Manufacturing, Infosys, explains how technologies such as AI and automation could have prevented the crisis and help the sector recover from the historic fall.
In this Q&A with ITProPortal, one of the UK’s leading and most respected technology information resources, Jasmeet also explores the role hyperautomation is likely to play in the manufacturing sector over the next decade, advising on the ways businesses could avoid job losses.
- In an industry as resource intensive as car manufacturing, the success of every manufacturer hinges on how well they navigate both local and global market challenges, such as staffing and material shortages.
- Many of the challenges faced by manufacturers over the past year were unprecedented, but it’s important to note the role that technology could have played to predict or mitigate these challenges. For example, a transparent supply chain that helps to spot constraints in global shipments could enable early identification of supply chain bottlenecks and help inform the steps needed to clear them, or plan for alternative sources or logistics.
- Technology is a tool that carmakers can leverage to strengthen their core, drive intuitive decisions, and build responsive value chains. At Infosys, we call it a Live Enterprise, an organization that continuously senses its environment and responds in an agile, innovative, and rational manner. It as an organism that adapts to its natural environment with the help of technology.
Read more on ITProPortal here.