The year 2020 has been fraught with uncertainties and unfavourable circumstances due to the ongoing COVID-19 pandemic. While it takes a major toll on the healthcare systems across the world, the consequential economic shutdown has also remained equally devastating. Production has come to a standstill in manufacturing plants and the widespread supply chain disruptions have left manufacturers in a state of panic. A survey undertaken by National Association of Manufacturers (NAM) shows that 80% of manufacturers expect that COVID-19 shall negatively affect their financial returns.
Since several national governments imposed a complete lockdown, manufacturing plants were forced to close facilities. Work in manufacturing plants is mostly on-site and cannot operate remotely. Hence, employers are increasingly laying off labourers to ease the impact of the lockdown on their businesses. However, no two manufacturers have had the same response. Many companies are shifting their production and innovating new technologies to keep their business model stable. Many automotive manufacturers have started producing ventilators, masks and personal protective equipment (PPE) gears in response to their rising demands in the market, thus, capitalizing on the need of the hour and making a good revenue. In all the encompassing situations, social distancing among workers is an absolute necessity which is enforced and institutionalised strictly.
Apart from this, there are many companies which have shifted to artificial intelligence (AI) and newly developed technologies to create a safe and sanitized work environment. For instance, MG Cooling Solutions’ HVAC Services are a saviour in present times when controlled production is a must to ensure overall safety. HVAC ( Heating, Ventilation & Air Conditioning) regulate the humidity, pressure, radiation, magnetic flux, chemicals and microorganisms such as bacteria and fungi. With MGC Solutions’ HVAC services, companies can make a low cost investment and receive services from the best cleanroom engineers available at their disposal. This is just one of the many ways how manufacturing plants are dealing with the repercussions of the economic setback caused by COVID-19.
Hence, the novel Coronavirus outbreak has indeed created a plummeting impact on manufacturing plants and their activities. However, since safeguarding the health and wellbeing of the workforce is the primary concern as of now, companies must adjust their business models according to the changing circumstances in order to survive.