The fact associated with the handicraft industry in europe is that since after 2001, the handicraft industry is declining but its export is increasing day by day because its demand is increasing worldwide. The european countries like UK are producing handicraft items at the fraction of cost in foreign locations because of mere fraction of cost.
The bigger fact associated with the european manufacturing country is that the computer oriented manufacturing process has been successful in creating high volume demand, reduce the waste, providing the significant productivity and quality in their procedure.
ERP software also has played the wonderful role in it. The RTA (ready to assemble) furniture are the biggest example of it. European countries are considered as the best medium to innovate technology in the whole world.
CAM (Computer aided manufacturing) software like - autocad are able to design the premade furniture designs to their customers as per their customisations. From last 15 years approximately, the CAD software have changed the scenario of the manufacturing industry even in the handicrafts also.
With this the JIT manufacturing technology has been successful in deducting the batch processing system which has reduced the time wastage significantly. These technologies have been also successful in automotives and furniture industry as well.
The future of the handicraft industry is very bright. The era has been changing towards the flat designs of furniture. Today CNC technologies also has come from the european companies like IKEA which has initialized it to manufacture it through the JIT technology.
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