Rebirth out of the Covid-19 crisis – Making Europe stronger
2020 is a year that will go into history. Not because of Euro 2020 or the 2020 Olympic Games, but as the year in which Covid-19 arose and took down our personal as well as our professional life. A major lockdown in the second quarter of the year caused companies to close, and challenged entrepreneurs to come up with new ways to survive and be successful again. Covid-19 is the biggest challenge for the manufacturing industry in over 100 years, as it affects both customers as manufacturers worldwide.
Redesign production strategies
Over the last decades, globalisation made it possible to design a product in one part of the world, to produce it in another part, and to deliver it to customer markets around the globe. Unfortunately, the Covid-19 crisis made it clear that if one or more suppliers or links in this chain fail, the entire supply chain breaks down causing massive disruptions.
To solve this, we need to redesign our production strategies. From complex worldwide supply chains with many inherent risks, companies must now move to more regional supply chains with reduced risk and much higher flexibility to serve customers’ individual needs. That is why we need to define a European Industrial Recovery plan, compliant with the European Green Deal initiative, so we can focus on investing in innovation, new skills and new technologies to ensure Product, Technology and Digital Sovereignty in Europe.
European Green Deal compliancy
The European Green Deal is a set of policy initiatives by the European Commission with the aim of making Europe climate neutral in 2050. The plan would make Europe the first climate-neutral continent. The European Industrial Recovery Plan takes these policy initiatives into account and focusses on the following six steps:
- Accelerate digital transformation
- Strengthen networks of suppliers
- Harness research and innovation
- Create agile, fast learning, data rich businesses
- Build digital talent and digital cultures
- Deliver the European Green Deal Plan
These actions are perfectly compatible with the SmartFactoryEU. As a founding partner, Flanders Make supports thisjoint initiative within the European Union. SmartFactoryEU is designed to harness the power of our community and strengthen the European innovation ecosystem as a global leader in the advanced 21st century manufacturing.
The European Union is a strong economy. Nearly all EU member countries have already established joint initiatives across industry and research to identify and support the transition into smart factories. We, as Flanders Make, also started a similar initiative with the SmartFactoryBNL. Now, the new SmartFactoryEU EEIG association is starting to build a network to connect these important national initiatives. So, let us join forces and innovate our way forward out of this crisis.