The future of production, to Schlecht, lies in AI and extensive data processing. "With the steady rise in automation, product quality and safety can be enhanced by minimizing human errors, boosting productivity and cutting costs."
By panuwat
While ingredients tend to draw all the accolades in cosmetic product development, the invisible and parallel world of equipment, devices and methods for formulation, testing, manufacturing and more is experiencing major upgrades. For example, Oracle1 noted industrial manufacturing shifted from machine-based assembly lines to “smart factories” using robotics, the Internet of Things (IoT), data analytics, augmented reality (AR) and other cutting-edge technologies.1 Similarly, WestMonroe projects manufacturing will be driven by AI and machine learning; cross-functional data strategies to unlock revenue and profitability; smart manufacturing focused on cost reduction and improved efficiencies; and supply chain resiliency.2
