MESSAGE FROM ADVANCED MANUFACTURING EXPO’S FOUNDER AND CEO OF INDUSTRIAL CONTROL INC.
Michigan Manufacturing is on the MOVE Some might say things are bad in Michigan now, but according to the National Association Manufacturers (nam.org), manufacturers here account for 18.6% of the total output in the state, employing 14.3% of the workforce — down from 19.4% total output and up from 14.2% in the workforce compared to 2019.
So what does the future look like? As I speak to more and more manufacturers and machine builders, I see the traditional workforce retiring quickly and a rapid growth of younger workers who are doing things differently. This new breed of workers are asking “why” with every aspect of their job. Recently, I received a call from a customer that had changed jobs. He was complaining that his new company would not try new things and he asked us for help. Within a few days, he was in our automation lab where we did some testing that showed us we could solve a major labor issue at his company with new 3D vision technology. The new tech offered a solution for the company’s requirement of an operator to match each machine for three shifts. The economics looked like this:
Experts forecast the auto industry will increase 8-10% in the next 12 months. The NAM shows our output for the last 10 years growing and strong. I’ve heard from manufacturers that reshoring production back to Michigan is a high priority. I guess one thing this pandemic has taught us, is to be more reliant on our own supply chain and logistics. Everyone knows that finding workers is one of the largest challenges we face, so here’s another NAM chart showing the Job Growth area. I am surprised by the pharmaceutical growth and other industries in this list, but it shows our diversity.
16 ADVANCED MANUFACTURING EXPO: AUGUST 26-27, 2021
16 ADVANCED MANUFACTURING EXPO: AUGUST 26-27, 2021
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$200K of labor cost times 50 machines = $10 million cost per year 3D camera cost per machine $75K = $3.75 million Total savings = $6.25 million first year, $10 million each year thereafter Frees up 25 employees per shift to be trained for higher-paid jobs
Our efficiencies are dramatically increasing with new technology, and this will continue to expand faster than ever during the next decade. Just last week I introduced a new Smart AI camera to some of my top customers. It’s called “Deepview” and here are some of the stats of this amazing technology.
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