Which Of The Following Is An Example Of A Recent Innovation In Process Technology?

An example of process innovation is the Ford automated assembly line. In 1913, Henry Ford set up the first assembly line to increase the production of an automobile.

Robotic process automation (RPA) is used in many different types of businesses. This is an example of process innovation. RPA changes the way every day; rule-based business process jobs are done in a big way. At its core, it means using "bots," or software robots, to do boring tasks automatically so that businesses can be more productive, save money, and make things easier.

This invention simplifies tasks like entering data, making sure it is correct, and changing it, which is better than doing them by hand. Implementing RPA can help businesses improve their speed and accuracy by a large amount since bots do jobs consistently and correctly. Technology also frees up workers from boring, time-consuming tasks that they do over and over again so they can focus on more strategic, creative, and valuable parts of their jobs.

But RPA does more than handle tasks; it also helps businesses be more flexible when their needs change. If companies can add fewer employees, they can grow their business and respond more quickly to changes in the market. Robotic process automation is an example of a process innovation that has changed the way tasks are done, how resources are used, and how businesses think about operational efficiency.

The widespread use of Internet of Things (IoT) gadgets and sensors is a new and groundbreaking development in process technology that has completely changed the way supply chain management is done. Adding sensors to real-world objects and linking them together is the idea behind this. This would allow real-time data sharing and collection all along the supply chain.

Thanks to IoT, everyone in the supply chain can now see more clearly than ever before how goods are moving, what their state is, and how they are conditioned at every step of the chain. With this kind of real-time info, businesses can make better decisions, streamline their logistics, and quickly respond to problems. For example, sensors can keep an eye on the temperature and humidity of goods while they're being shipped to make sure that sensitive items meet quality standards when they get there.

IoT also makes it easier to build sophisticated warehouses and distribution hubs. Automated systems and networked devices speed up the management of supplies, cut down on mistakes, and improve the efficiency of operations. IoT data can be used to get predictive analytics that helps companies get rid of unnecessary stock, find the best levels of inventory, and get a better idea of how much demand there will be.

Basically, adding IoT to supply chain operations means a big change in how things are done. It makes it possible to run logistics using a data-driven and networked approach. This idea not only makes things more efficient and saves money, but it also makes them more responsive, resilient, and flexible in a global market that is always changing.

To finish, if we speak about innovations according to their degree of change, there are three types: radical, incremental, and disruptive.

Radical innovation. 

Incremental innovation. 

Disruptive innovation.

Three main types of technical innovation can be used to describe it as a whole. Each of these types helps businesses and societies grow in its way.

Product innovation is the process of making new or better goods and putting them on the market. Product innovation is often caused by improvements in how helpful something is, how it looks, how well it works, or what features it has. One example of product innovation is how smartphones are always getting better with new features, faster processing, and better photos.

Process innovation is the use of new or better systems, methods, or processes to make production or service delivery more productive, better, or more affordable. The goals of this kind of innovation are to boost output, lower costs, and improve the flow of work. One example is how the automotive industry adopted lean manufacturing methods, which changed the way things were made and cut down on waste.

Rethinking the basic ways that a company makes, shares and gains value is what business model innovation is all about. Businesses need to change how they use their resources, build their systems, and talk to their partners and customers. Business model innovation can be seen in the rise of subscription-based services, which are changing the way companies make money, and e-commerce platforms, which are changing the way stores work.

These three types of technological progress often affect and help each other, which is good for society and changes the way economies and businesses work.

Another example of process technology is the method by which plastic bottles are recycled into thread. Plastic bottles and other containers made of polyethylene terephthalate (PET) can be converted into new products such as fabrics for clothing.

Process technologies are well known for things like additive manufacturing, which is also called 3D printing. By layering materials, 3D printing is a revolutionary way to make things that build three-dimensional things straight from digital models. This technology makes production more efficient and flexible in ways that have never been seen before. It could change the game for many businesses.

In normal manufacturing, raw materials are cut up, molded, or made into the shape that is needed. In subtractive production, this still needs to be done. This process usually creates a lot of waste stuff. 3D printing, on the other hand, builds things up layer by layer, which saves materials and lets designers make designs that are exact and complex. Along with cutting down on waste, this makes it easier to make personalized items and complex geometries that weren't possible or possible before.

Many fields can use 3D printing, such as consumer items, healthcare, automotive, and aerospace. For example, aerospace technology makes it possible to make complicated parts that are also light, which means that cars use less gas. 3D printing shows how flexible and adaptable process technology can be in the healthcare field by making it easier to build implants and prostheses that are perfect for each patient. Overall, 3D printing shows how big steps forward in process technology can change businesses, encourage new ideas, and make us rethink how we do things in the industrial world.