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ADVANCED MANUFACTURING

  ADVANCED MANUFACTURING Advanced manufacturing is the use of innovative technologies and methodologies for improved competitiveness in the manufacturing sectors. The aim of advanced manufacturing is to - Enhance output Increase: - added value - quality - responsiveness to market - flexibility Reduce: - time to market - unit quantities - material content - material inventory - under utilised capital plant. Traditional manufacturing is based on the use of dedicated plant and production lines with little or no flexibility. Advanced manufacturing involves versatile production methods that fully utilise capital plant and are more efficient, effective and responsive. Although there are circumstances where traditional, dedicated methods are still appropriate - such as long, predictable production runs - advanced manufacturing has the capacity to accommodate the varying production requirements and mass customisation comm...