What Happened
Industry Adapts to Volatility with Flexible Production Systems
The manufacturing industry is no longer operating in cycles of stability, but rather in a constant state of disruption. According to Avi Reichental, CEO of Quickparts, manufacturers are shifting their focus from forecast accuracy to forecast tolerance, building systems that can absorb change without breaking. This shift is driven by the need to respond intelligently to changing demand, rather than trying to predict it perfectly. As reported by Industrial Equipment News.