New Technology and Production Costs
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Alibaba Unveils New #Manufacturing #Digital #Factory that enables small-batch orders through automation & robotics

Alibaba Unveils New #Manufacturing #Digital #Factory that enables small-batch orders through automation & robotics | New Technology and Production Costs | Scoop.it

At an early stage, apparel was identified as the starting point for Xunxi – a sector in which the lengthy production cycles and high inventory levels have long been a problem for small and large players alike. Powered by new technologies such as real-time resourcing, process and cost planning, automated in-house logistics and Xunxi’s manufacturing operating system, the factory is able to produce small-batch orders at reasonable costs and with shorter delivery times, consequently increasing manufacturing efficiency from 25% to an average of 55%.


Via Farid Mheir
Joanna Joy Fieldingss insight:
I think that new technologies are what can propel businesses to more successful odds. 
Farid Mheir's curator insight, September 25, 8:41 AM

WHY IT MATTERS: this is a huge step forward and a sign of the times: manufacturing automation. Fueled by digital, automation, and robots, this enables production of smaller batches economically. When this is rolled out at full scale - I assume it still requires development and lots of tweaking - we can expect retailers to shorten the time from idea to production. with eCommerce, it enables the make-to-order that was made popular by Dell computers in the late 1990s: onl;y build the computer when an order has been placed. Expand this idea to t-shirts and you can see why this new Alibaba production facility is so important...

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Rescooped by Joanna Joy Fieldings from OLIVE NEWS
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Producers: Spanish Olive Oil Prices Inconsistent With Market Conditions

Producers: Spanish Olive Oil Prices Inconsistent With Market Conditions | New Technology and Production Costs | Scoop.it
Spanish farmers and growers have had to contend with sales prices well below the production costs for two seasons in a row.COAG is now demanding an official investigation on prices that have shrunk 37 percent since March 2018...

Via internationalolivecouncil
Joanna Joy Fieldingss insight:
In this situation the cost to produce is more than it is to sell. What could they do?
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Rescooped by Joanna Joy Fieldings from Technology in Business Today
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Hydrogen a 'priority' for Future Electricity production

Hydrogen a 'priority' for Future Electricity production | New Technology and Production Costs | Scoop.it
Hydrogen a ‘priority’ for Future Electricity production

Energy Minister Angus Taylor says technological innovation, and not a global shut down, is the key way to drive down emissions.
A global economic shut down “is not how we want to reduce emissions,” he told Sky News host Chris Kenny.



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Via TechinBiz
Joanna Joy Fieldingss insight:
Innovation and technology is something that I really feel is important in a growing world, especially when it comes to the production of things.
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Uruguay Anticipates Poor Harvest Amid Pandemic

Uruguay Anticipates Poor Harvest Amid Pandemic | New Technology and Production Costs | Scoop.it
Uruguayan olive oil producers are expecting a 60-percent production decrease in 2020, after a record-breaking harvest in 2019. The coronavirus toll on tourism, exports and production costs are hurting their profitability.

Via internationalolivecouncil
Joanna Joy Fieldingss insight:
The world's economy was seriously affected by this pandemic, especially, agriculture.
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Rescooped by Joanna Joy Fieldings from OLIVE NEWS
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Amid Protests, Spain's Agriculture Minister Pledges Support to Farmers

Amid Protests, Spain's Agriculture Minister Pledges Support to Farmers | New Technology and Production Costs | Scoop.it
Luis Planas has announced a number of measures aimed at helping producers cope with low prices and increasing production costs. He also met with olive oil producers to discuss self-regulation.

Via internationalolivecouncil
Joanna Joy Fieldingss insight:
The government supporting farms I think is very important.
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Rescooped by Joanna Joy Fieldings from WHY IT MATTERS: Digital Transformation
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Alibaba Unveils New #Manufacturing #Digital #Factory that enables small-batch orders through automation & robotics

Alibaba Unveils New #Manufacturing #Digital #Factory that enables small-batch orders through automation & robotics | New Technology and Production Costs | Scoop.it

At an early stage, apparel was identified as the starting point for Xunxi – a sector in which the lengthy production cycles and high inventory levels have long been a problem for small and large players alike. Powered by new technologies such as real-time resourcing, process and cost planning, automated in-house logistics and Xunxi’s manufacturing operating system, the factory is able to produce small-batch orders at reasonable costs and with shorter delivery times, consequently increasing manufacturing efficiency from 25% to an average of 55%.


Via Farid Mheir
Joanna Joy Fieldingss insight:
I think that new technologies are what can propel businesses to more successful odds. 
Farid Mheir's curator insight, September 25, 8:41 AM

WHY IT MATTERS: this is a huge step forward and a sign of the times: manufacturing automation. Fueled by digital, automation, and robots, this enables production of smaller batches economically. When this is rolled out at full scale - I assume it still requires development and lots of tweaking - we can expect retailers to shorten the time from idea to production. with eCommerce, it enables the make-to-order that was made popular by Dell computers in the late 1990s: onl;y build the computer when an order has been placed. Expand this idea to t-shirts and you can see why this new Alibaba production facility is so important...