{"id":11931,"date":"2021-04-12T13:56:29","date_gmt":"2021-04-12T12:56:29","guid":{"rendered":"https:\/\/www.palpack.co.uk\/?p=11931"},"modified":"2022-04-13T11:49:22","modified_gmt":"2022-04-13T10:49:22","slug":"benefits-of-innovation-in-manufacturing","status":"publish","type":"post","link":"https:\/\/www.palpack.co.uk\/news\/benefits-of-innovation-in-manufacturing\/","title":{"rendered":"Benefits of innovation in manufacturing"},"content":{"rendered":"

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Innovation has always been a key driver in manufacturing. From breaking out in your market to improving production quality and processes, it\u2019s crucial to keep innovating to remain competitive.<\/span><\/h4>\n

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Introducing new products, processes or technologies has always been integral to keeping the manufacturing industry moving. It\u2019s accepted that we are in the \u2018fourth industrial revolution\u2019 \u2013 generally powered by a problem, constraint or opportunity, innovation ensures that you\u2019re not being left behind in your market.<\/p>\n

Product innovation<\/h2>\n

Introducing new products into your offering is a straightforward way to innovate, especially if your setup can handle the change of product or the setup doesn\u2019t need adjusting at all.<\/p>\n

This is an action that occurs regularly with food manufacturing. As an example, a new flavour of biscuit wouldn\u2019t require much adjustment of processes or technology.<\/p>\n

However, the issue with product innovation is that because it\u2019s something easily implemented \u2013 patents aside \u2013 it\u2019s easily replicated, and so doesn\u2019t provide a competitive advantage for long.[\/vc_column_text][vc_btn title=\u201dUK fails to make list of innovators\u201d link=\u201durl:https%3A%2F%2Fwww.palpack.co.uk%2Fuk-fails-to-make-list-of-innovators%2F|target:_blank\u201d][vc_column_text]<\/p>\n

Innovation of processes<\/h2>\n

Processes in manufacturing can include sourcing or introducing new methods of production. Much of this goes hand in hand with innovations in technology.<\/p>\n

Automating processes is becoming increasingly commonplace, although we wrote recently about a notable lack of innovation in the UK<\/a>. Options can include Automated Guided Vehicles (AGVs)<\/a>, which improve internal logistics by transporting pallets using robotics. Those manufacturers that don\u2019t choose to invest in innovating will be at a serious disadvantage as the industry moves on.<\/p>\n

As Industry Today comments in their article, Rethinking Innovation in Manufacturing<\/a>, \u201cWe\u2019re entering an era where digital technology is so entrenched we take it for granted.\u201d Clients have ever higher expectations for optimal delivery times, quality and pricing. It\u2019s impossible to continuously improve these factors now without the addition of technology.[\/vc_column_text][vc_btn title=\u201dMore about PALpack\u2019s AGVs\u201d link=\u201durl:https%3A%2F%2Fwww.palpack.co.uk%2Fproducts%2Fautomated-guided-vehicles%2F|target:_blank\u201d][vc_column_text]<\/p>\n

Key benefits of innovation<\/h2>\n

Innovation in manufacturing requires buy-in at every level of the company. Taking advantage of automation technology would benefit your company in more than one way. It would:<\/p>\n