Fiat Chrysler Automobiles' (FCA) response to COVID-19
As the Coronavir...
We look at how the eighth largest manufacturer in the world, Fiat Chrysler Automobiles (FCA), is responding to the COVID-19 emergency.
As the Coronavirus pandemic continues to spread, one company that is raising to meet the pandemic head-on is Fiat Chrysler Automobiles (FCA). We look at how it is accomplishing this.
Suspended operations in Europe and North America
The FCS has suspended its operations in both Europe and North America. Commenting on this action, FCA CEO, Mike Manley said: “Working with the UAW, and having visited many of our plants yesterday, we need to ensure employees feel safe at work and that we are taking every step possible to protect them. We will continue to do what is right for our people through this period of uncertainty.”
Manufacturing essential items
Fiat Chrysler, the Italian car manufacturer, has committed to manufacturing one million face masks a month and distributing them to the United States emergency services to fight against the pandemic.
“Production capacity is being installed this week and the company will start manufacturing face masks in the coming weeks with initial distribution across the United States, Canada and Mexico,” said Fiat Chrysler in a company statement.
Support for children during this time
The FCA has announced a commitment to supporting children during the outbreak by working with a number of charities and foundations that provide food to children. It has started by providing over 1mn meals to children within the area of its US plants in Illinois, Indiana, Michigan and Ohio, with a plan to extend nationwide across North America and Mexico.
"There has never been a more important moment to help children and their families with vital needs in our communities than during this time of great uncertainty," said FCA CEO Mike Manley.
Other companies taking action
In amidst the uncertainty and fear at this time, there can be some positivity found, as communities and companies step up to help all those who are struggling or working on the front lines.
In the fight against COVID-19, it is expected that the UK will need 20,000 ventilators. Formula 1 has committed to help facilitate the manufacturing of the much-needed ventilators.
“We are working in coordination with a number of our fellow Formula 1 teams on the feasibility of supporting the production of ventilators, in response to the UK government’s request to industry for help. This is an ongoing assessment but the teams and Formula 1 are acting in concert to make a positive contribution to the cause," commented Formula 1 in a company statement.
Additionally, In a consortium led by Airbus, Dyson has committed to the production of 30,000 medical ventilators with production starting imminently, following the finalisation of the plans to supply the devices to the NHS.
Dyson has received orders of 10,000 ventilators which they will build from scratch. In a letter to the staff at Dyson, the founder of the company Sir James Dyson, stated the “race is now on to get it into production,” with promises to donate 5,000 machines to the international efforts.
For more on how companies are helping during this time, check out our 10 manufacturers providing COVID-19 pandemic support
Did you know? Yesterday, FCA announced the signing of an incremental credit facility of €3.5bn with two banks, and will be available for corporate purposes as well as the working capital needs of the FCA.
For more information on manufacturing topics - please take a look at the latest edition of Manufacturing Global.
SAP Whitepaper: Advantages of Intelligent Assets
A core pillar in SAP’s Industry 4.0 strategy, Intelligent Assets equip organisations to reduce downtime, empower employees and increase efficiencies across industrial equipment and manufacturing units.
In a whitepaper produced in partnership between SAP and BizClik Media Group, Rachel Romanoski, Solutions Manager, Digital Assets, SAP, dispels some of the myths surrounding asset intelligent, and shares insight into how even small investment in asset intelligence can pay dividends in minimising cost leakage and realising an asset’s potential.
As with all innovations, the ceiling for Intelligent Assets is as high as an organisation can dream, afford and implement. But Romanoski says that just a little intelligence can go a long way: “Oftentimes people think Intelligent Assets need to be the latest and greatest cutting-edge technology. They can be super advanced, such as leveraging physics-based engineering simulations to forecast potential failures, and help mitigate them. But it could be as simple as a temperature reading. You can pull a lot of simple information from most equipment, and by enhancing that data through ancillary solutions and digital capabilities, you can create that Intelligent Asset.”
One of the most immediate benefits is reducing or, in some cases, eliminating unplanned downtime. Equipment failure is one of the most common causes of disruption and can cause chaos throughout the supply chain.
“The true power of the Intelligent Asset is in changing the basic, reactive emergency work or time-based, planned maintenance and being more prescriptive and tailored to that specific asset and use case,” Romanoski says. “Ultimately, you can reduce the unplanned events that often carry a big price tag.”
"Oftentimes people think Intelligent Assets need to be the latest and greatest cutting-edge technology... But it could be as simple as a temperature reading"
Other financial benefits include stemming cost leakage and “sweating assets” to the full potential. “Maybe you can consider the lifecycle of the asset and understand whether you can push it a little bit further,” Romanoski explains. “It might be that the best course of action for a low-cost item is to run it to failure. Having this information that we collect over time empowers those people to make those better decisions, but also has a trickle down effect to building resiliency and efficiency into the entire supply chain.”
To read the full report, including insight from Intelligent Assets, Intelligent Factories, Empowered People, and exclusive insight from Dominik Metzger, the lead on SAP’s Industry 4.0 programme, CLICK HERE.