10152018Mon
Last updateMon, 15 Oct 2018 3pm

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Manufacturing & The Economy

Report Says Most Manufacturing Jobs Could be Automated

McKinsey conducted a study of manufacturing work in 46 countries showing that 478 billion of the 749 billion working hours (64%) spent on manufacturing-related activities globally were automatable with currently demonstrated technology. These working hours could be eliminated or repurposed, assuming that demonstrated technologies are adapted for use in individual cases and then adopted. These figures suggest that, even though manufacturing is one of the most highly automated industries globally, there is still significant automation potential within the four walls of manufacturing sites, as well as in related functional areas such as supply chain and procurement. 

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