Gearing Up for the Future: HR Transformations in the Manufacturing Sector

2018 ◽  
pp. 15-48
Keyword(s):  
Manufacturing Sector ◽  
The Future

scholarly journals Industrial policy-making after COVID-19: Manufacturing, innovation and sustainability

2021 ◽  
pp. 103530462110147
Author(s):  
Mark Dean ◽  
Al Rainnie ◽  
Jim Stanford ◽  
Dan Nahum
Keyword(s):  
Recent Work ◽  
Industrial Policy ◽  
Industrial Revolution ◽  
Manufacturing Sector ◽  
The Future ◽  
Australian Economy ◽  
Industry Policy ◽  
Future Work ◽  
Policy Proposals ◽  
Recent Policy

This article critically analyses the opportunities for Australia to revitalise its strategically important manufacturing sector in the wake of the COVID-19 pandemic. It considers Australia’s industry policy options on the basis of both advances in the theory of industrial policy and recent policy proposals in the Australian context. It draws on recent work from The Australia Institute’s Centre for Future Work examining the prospects for Australian manufacturing renewal in a post-COVID-19 economy, together with other recent work in political economy, economic geography and labour process theory critically evaluating the Fourth Industrial Revolution (i4.0) and its implications for the Australian economy. The aim of the article is to contribute to and further develop the debate about the future of government intervention in manufacturing and industry policy in Australia. Crucially, the argument links the future development of Australian manufacturing with a focus on renewable energy. JEL Codes: L50; L52; L78; O10; O13: O25; O44; P18; Q42

MIS in the Service Factory of the Future

2012 ◽  
pp. 201-226
Keyword(s):  
Large Scale ◽  
Manufacturing Sector ◽  
Environmentally Conscious ◽  
Processing Technologies ◽  
Business Impact ◽  
Industrial Community ◽  
The Future ◽  
Service Oriented ◽  
Multi Agent ◽  
Factory Of The Future

This chapter deals with Management Information Systems situated in a futuristic context, namely that of a “service factory” of the future. The vision of such a service factory is to become a major driver for the large-scale exploitation of multi-agent information processing technologies, e.g. the manufacturing sector in a service-oriented view, and explore the potential of the “production as a service” approach as both an enabler and a catalyst towards the realisation of intelligent and environmentally conscious factories. In the chapter, the author presents the service factory concept and analyses its potential business impact. The chapter includes two appendices related to the real world validation of the concept with members of the industrial community.

scholarly journals Potential Consequences of the Energiewende for the Manufacturing Sector in Germany

2015 ◽  
Vol 48 (1) ◽  
pp. 7-20
Author(s):  
Hubertus Bardt
Keyword(s):  
Energy Policy ◽  
Value Chain ◽  
Nuclear Power ◽  
Manufacturing Sector ◽  
Renewable Energy Sources ◽  
German Economy ◽  
German Industry ◽  
Energy Prices ◽  
Energy Turnaround ◽  
The Future

Abstract2 The abandonment of nuclear power and new focus on renewable energy sources represents a fundamental change in the structure of Germany’s electricity supply. In the wake of this change in energy policy (which is widely referred to as an energy turnaround), prices started to rise immediately and further increases are to be expected in the years ahead. For the manufacturing sector, this cost burden has been mitigated by exempting energy-intensive sectors from additional costs. However, this causes high levels of uncertainty for large electricity consumers as their current exceptional status may be called into question at some point in the future. Moreover, the price and cost effects of the German energy policy are not only restricted to energy-intensive enterprises. The metal production, parts of the chemical industry and other industries closely linked to electricity consumers in a complex value chain face higher price and cost risks, as do large segments of the manufacturing sector, which work closely with energy-intensive companies. These dense networks are critical in the joint development of innovations, one of the German industry’s main competitive advantages. This strength of the German economy may turn into a risk if the future of electricity-intensive industries is hampered by rising national energy prices. A potential relocation of energy-intensive companies to other countries would also weaken the competitiveness of other areas of German industry. Such risks need to be compared with new market opportunities provided by the energy turnaround. The industry seeks those opportunities especially in renewable energies and techniques for improving energy efficiency.

An analysis of India's Future Attractiveness as an Offshore Destination for IT and IT-Enabled Services

2008 ◽  
Vol 23 (4) ◽  
pp. 215-227 ◽  
Author(s):  
Kailash Joshi ◽  
Srikanth Mudigonda
Keyword(s):  
Manufacturing Sector ◽  
Services Sector ◽  
Facilitating Factors ◽  
The Future ◽  
Relative Attractiveness ◽  
Long Time ◽  
Leading Position ◽  
Economic Landscape ◽  
Target Country ◽  
Selection Of

Offshoring of services will shape the economic landscape for the coming decades, and present opportunities and challenges for individuals, organizations, and countries. Many countries are jostling in the global services marketplace to take advantage of the emerging opportunities. The success of an organization's offshoring initiative depends critically on the selection of a right destination; a wrong choice may result in a failure and impose significant costs. This paper presents a framework to assess the attractiveness of a target country, which identifies various motivating, inhibiting, and facilitating factors that may influence its attractiveness. The framework is used to analyze the future attractiveness of India, a topic that continues to be debated. The relative attractiveness of other potential competitors for offshoring of services is also discussed. Contrary to other analysts’ opinions, we conclude that India is likely to sustain its leading position for a long time in the services sector, and that it is likely to emerge as a global hub for the delivery of services, analogous to China's role in the manufacturing sector.

scholarly journals Biomanufacturing capacity: Current and future requirements

2001 ◽  
Vol 8 (1) ◽  
Author(s):  
Andrew Sinclair
Keyword(s):  
Manufacturing Sector ◽  
Product Mix ◽  
Capacity Current ◽  
The Future

In recent years the perception has arisen that biopharmaceuticals manufacturing capacity has gone from excess to shortage. What is the cause of this change and why were the shortfalls not addressed in time? This paper looks at how the structure of the industry has influenced the current shortfall and analyses the current manufacturing sector capacity and product mix. Looking to the future, the paper discusses factors that will dictate capacity requirements over the next five to ten years.

Challenges In Knowledge Management

2011 ◽  
pp. 257-279
Author(s):  
Larry J. Paxton
Keyword(s):  
Knowledge Management ◽  
Manufacturing Sector ◽  
Optimal Path ◽  
Space Missions ◽  
High Tech ◽  
Next Generation ◽  
Future Success ◽  
The Future ◽  
The Face ◽  
New Ideas

One of the key problems faced by organizations is that of managing knowledge: how does an organization improve and maintain performance by generating, maintaining, and sharing knowledge? High tech organizations are much more dependent on knowledge as a commodity than those in the manufacturing sector. NASA certainly is the epitome of a high tech organization. It faces complex and deep challenges – not the least of which is how to address the loss of knowledge as the workforce ages and retires. In addition, NASA faces the consequences of a program that, in the face of programmatic constraints, subsumes the process of generating knowledge to the demands of maintaining commitments. Those commitments may not provide the optimal path for generating knowledge relevant to the future success of the organization. For a space-faring organization, mission cadence is one of the key determinants of cost and risk. Mission cadence is also important as it determines the number of people in the organization with direct and relevant experience with space missions. Under a constrained budget, mission cadence can be increased by reducing the size and scope of the missions. Small spacecraft missions can afford to be innovative and thus create a culture in which new ideas are welcomed and/or sought. These smaller missions can preserve and generate knowledge by training the next generation of scientists, engineers and program managers.

scholarly journals Challenges Associated with Implementing 5G in Manufacturing

Telecom ◽  
2020 ◽  
Vol 1 (1) ◽  
pp. 48-67 ◽  
Author(s):  
Eoin O’Connell ◽  
Denis Moore ◽  
Thomas Newe
Keyword(s):  
Big Data ◽  
Industry 4.0 ◽  
Manufacturing Sector ◽  
Smart Manufacturing ◽  
5G Networks ◽  
Security Issues ◽  
Technical Requirements ◽  
The Future ◽  
Factory Of The Future ◽  
Industry Sectors

5G networks will change several industries, including manufacturing. 5G has the potential to become the future communication platform of choice for many industries and in particular the manufacturing sector, driving the future of Industry 4.0 and smart manufacturing. The vision of a “factory of the future” is now tangible for many industry sectors. The ability to cope with increased bandwidth, latency requirements, big-data generated from more connected equipment and the data processing required on the factory floor is a massive challenge for industry. This paper discusses how 5G can impact a manufacturing environment, the standards and technical requirements needed to meet the demands of utilizing 5G, and the security issues that need to be addressed if planning a 5G deployment.

scholarly journals PENGARUH EARNINGS MANAGEMENT TERHADAP FUTURE PROFITABILITY TERKAIT DENGAN OWNERSHIP STRUCTURE, FIRM SIZE DAN CORPORATE GOVERNANCE PRACTICES

Media Ekonomi ◽  
2017 ◽  
Vol 20 (2) ◽  
pp. 55
Author(s):  
Ikhsan Yudha Asmara ◽  
Felizia Arni Rudiawarni
Keyword(s):  
Corporate Governance ◽  
Earnings Management ◽  
Ownership Structure ◽  
Audit Committee ◽  
Audit Quality ◽  
Stock Exchange ◽  
Manufacturing Sector ◽  
The Future ◽  
Governance Practices ◽  
The Impact

This study aims to determine how the effect of earnings management on future profitability business entity engaged in the manufacturing sector listed on the Indonesia Stock Exchange, and how the effects of the ownership structure, company size, and the practice of corporate governance (proxied by the audit quality, independent board member and audit committee) regarding the impact of earnings management on the future profitability of manufacturing sector enterprises listed on the Stock Exchange. This study used a sample of manufacturing sector companies listed on the Indonesia Stock Exchange in the period 2008-2010. The samples used in this study were 262 observations. The sampling method used was probability sampling - judgment / purposive sampling. Independent variables used in this study are earnings management (proxied by the CFO, NDAC, and DAC), ownership structure (proxied by DFAM and INST), firmsize, and corporate governance practices (proxied by the AUDIT, BOD, and AUDCOM). The dependent variable in this study is the future profitability proxied by the variable "and CFOT earnt + 1 + 1. The results of this study were (1) earnings management proved to have a significant impact on the future profitability of manufacturing sector enterprises. The influence that appears different depending on the proxy used; (2) The ownership structure did not have an influence on the behavior of earnings management related to future profitability of manufacturing sector enterprises; (3) firmsize not affect earnings management behaviors related to future profitability of manufacturing sector enterprises; overall corporate governance practices are not effective in influencing the behavior of earnings management related to the future profitability of manufacturing sector enterprises. Keywords  :   future profitability, earnings management, ownership structure, corporate governance practice

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