Impact of Advanced Manufacturing Technologies on Productivity of Indian Small & Medium Manufacturing Enterprises

Abstract

Advanced Manufacturing Technology (AMT) is becoming a paronomasia in a scenario of today’s manufacturing striding towards Manufacturing 4.0 paradigm. While achieving such objectives, the initial impetus is to be given to reduce the waste arising out of motion and transportation using both hard and soft technologies by management. Right time delivery of product is also enhanced by these strategies, however the research is still lacking in such domains in local enterprises. To check the performance of various tools and strategies in manufacturing organizations, an investigative research was considered necessary using a two-step analysis viz. the organizational imperatives and the competency analysis of the tools deployed towards improvement of former. It was noted that Robotics and Computer-aided design/ computer-aided manufacturing are being fruitfully utilized in manufacturing industry of Punjab. The analysis deployed Reliability analysis including measuring of reliability coefficient, testing of mean difference using ANOVA, descriptive testing and student t-test for the analysis of filled questionnaires. From the investigation, it emerges out that clarity in goals of AMTs is essential for every employee in the organization.