| |SEPTEMBER 202219Automation has allowed manufacturers to cut metals without human supervision for days at a stretch and consequently save metal fabricators a large part of human resources costworkplace. Many companies, especially with production and manufacturing elements are keen on reducing waste and improving operations. Additionally, automation has allowed manufacturers to cut metals without human supervision for days at a stretch and consequently save metal fabricators a large part of human resources cost.Adoption of ERP SystemsThe majority of steel fabrication companies operate across a wide geography, both local and global markets. Since, these companies also carry out customised steel fabrication, it becomes quite challenging sometimes for them to manage all their operations and suppliers sourcing materials and other processes across the supply chain. As a result, steel fabrication companies are resorting to ERP software to streamline their operations and increase their productivity and efficiency. ERP software goes well beyond excel sheets and software like Tally to reliably manage all critical business functions such as operational performance planning, enterprise mobilization, demand forecasting and resource planning. Some of the most used ERP systems by steel fabrication companies are abas ERP, SYSPRO, Plex Manufacturing Cloud, Epicor ERP and Oracle Netsuite. 3D Printing Technology3D Printing is a relatively new technology and has been used in the manufacturing Industry to make product prototypes. However, things are looking quite exciting for the steel industry as more and more steel fabrication businesses are planning to invest in this technology to create simple and sophisticated tools and structures. Steel 3D printing differs from traditional steel fabrication processes as it involves the stamping of steel to produce a required design. For example, SpaceX relied on 3D printing of custom steel parts for the combustion chamber of the SpaceX SuperDraco engine. Benefits of Fabricated Steel Robust QualityUsually it is seen that fabricated form of steel is easier to install in architecture. This efficiency of fabricated steel helps the architects to save their more time in construction. Also, less material is usually needed during construction as steel is generally lighter but more robust than other building substances. This factor ultimately helps the project managers to save more money. In other industries, the cost of tools and machines made from this process is usually lower and these prices often remain affordable for users. Besides that, since this procedure makes the alloy more robust and more reliable, buyers enjoy a good return on their investment.Enhances the Durability of SteelSteel is generally a more robust and long lasting metal which makes it a preferred material for various uses. Fabrication can help enhance its durability because it's coated with materials like zinc during the process which protects the alloy from corrosion. In the meantime, technicians also cover it with fire resistant components. This means that the end product can withstand harsh conditions such as precipitation and fire. Therefore, a building constructed with fabricated steel has more chances to last longer than that made of other materials. In addition, tools and machines made from steel that has undergone this process can also last longer in the hands of their owners.Environment FriendlySteel is usually an environment friendly material in the sense that it can be recycled. Usually, industry technicians convert old tools made from this metal into different products during fabrication. This step helps to reduce the pollution as the alloy takes longer to decompose if left out as refuse in landfills.The Way AheadThe Indian steel fabrication market is expected to witness significant growth in the coming future owing to factors such as the increasing demand from manufacturing sector, the rising preference towards pre-engineered buildings, components and government initiatives for infrastructure development activities. The booming commercial building sector combined with government of India's initiatives such as increasing the construction of green buildings, smart cities and make in India scheme will boost the Steel Fabrication market in India.
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