Organizational financial planning for manufacturing has been rigorously tested by COVID-19. In the face of a significant and singular disturbance, predictions and models based on conventional historical data were unsuccessful. Although anticipating cash flow is crucial to a company’s future, finance and accounting departments quickly withdrew and turned their attention elsewhere. Could more have been...
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future of manufacturing
With volatile technological advancement and the need for better and proficient production in the manufacturing sector, industries are marching towards automation with futuristic practices. Industrial technologies such as robotics, cloud, the Industrial Internet of Things (IIoT) and artificial intelligence (AI) are becoming increasingly pervasive. Faber Infinite, being a forerunner in the domains of continual improvement,...
With the pandemic hitting the economies across the world, people are trying to adjust to the new normal. Due to lockdown and closed country borders, businesses are still struggling the most with the supply chain disruption. The fact that the virus originated from China which is referred to as – Factory of the World, has...
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