143 International Journal for Modern Trends in Science and Technology
International Journal for Modern Trends in Science and Technology, 6(10): 143-146, 2020
Copyright © 2020 International Journal for Modern Trends in Science and Technology
ISSN: 2455-3778 online
DOI: https://doi.org/10.46501/IJMTST061026
Available online at: http://www.ijmtst.com/vol6issue10.html
Changing Scenario of Manufacturing Industries
Due to Covid 19
Ruchira Srivastava
1
| Vijay Kumar Srivastava
2
1
Department of Mechanical Engineering, Amity University Greater Noida,
2
Department of Electronics & Communication Engineering, Amity University Greater Noida
To Cite this Article
Ruchira Srivastava and Vijay Kumar Srivastava, “Changing Scenario of Manufacturing Industries Due to Covid 19”,
International Journal for Modern Trends in Science and Technology, 6(10): 143-146, 2020.
Article Info
Received on 02-October-2020, Revised on 16-October-2020, Accepted on 18-October-2020, Published on 27-October-2020.
The introduction of Industry 4.0 were already generating various changes in operations of manufacturing
sector before the pandemic situation and now after the pandemic conditions things have become more tough
and challenging. Since March 23
rd
2019 the home quarantine and lockdown situation has completely shut
down the whole country after this pandemic condition started trending across the globe. The main objective
of this paper is to study about these challenges which are being faced by the manufacturing industries. &
how these situations are tackled in Covid 19.
KEYWORDS: Industry 4.0, Manufacturing Industry, Covid 19
INTRODUCTION
Covid 19 pandemic situation has proven to be
global crises not only in terms of health issues but
also on humanitarian ground. If the economic
fronts are considered business aspects are rapidly
adjusting itself with the situation. It’s observed
that normal situations are not available anymore
and so the business which are even less nowadays.
The new real world which is at trench is full of
uncertainty & complexity but with new
opportunities. To adapt & flourish industries must
expedite adaptable and agile. The lockdown has
put a lot of stress on the manufacturing industry
which is about 20 % of the GDP, in which 50% is
contributed by auto industry. If the unorganized
industries are taken into account the scenario is
nasty from before only and this impact has now
has created more adverse situation as they have
low retentive power due to lower profitability. This
resembles a lot to ‘Root beer Game’ which is based
on simulation of team portraying four links of
supply chain i.e retailer, wholesalers, distributor
and factory.
Manufacturing industries are facing a major
setback in this corona times starting with low
offtake due to low production. This takes little more
time to demonstrate itself as some of the
distributors who are looking forward for an
opportunity to make profit in situation of shortage
which has started developing tend to carry forward
with sales with extended time period of suspended
payments. Prolonged credit days are provided by
the manufacturer, who is interested on proceeding
with operations, before a complete
shutdown.Numbers of employees are restricted on
coming to work, due to government directions,
resulting in reducing the reading of manufacturing
operations, with resulting effect on production
volumes, quality and cost. Over a time period, this
skeptically affects the turnover, which decelerates
to a trickle.
ABSTRACT