The role of smart manufacturing in cost reduction and labor market transformation

Authors

  • Makhbuba Rakhmonova Shukhratovna
  • Ollokulova Feruza Mansurovna

DOI:

https://doi.org/10.5281/zenodo.14607767

Abstract

In this article, the author discusses smart and autonomous manufacturing systems that are being implemented
to improve production processes. Having analyzed research papers, the article summarizes whether technological
innovation supports the minimization of production costs and its effects on the labor market.

Keywords

Autonomous, smart factories, manufacturing system, Artificial Intelligence, software, robots, Internet of Things.

Author Biographies

Makhbuba Rakhmonova Shukhratovna

Master student of Termez State University,
Faculty of Economics

Ollokulova Feruza Mansurovna

Supervisor: Doctor of Philosophy (PhD) in Economics,
Termiz State University, Faculty of Economics

Published

2024-12-07

How to Cite

Rakhmonova , M., & Ollokulova , F. (2024). The role of smart manufacturing in cost reduction and labor market transformation. GREEN ECONOMY AND DEVELOPMENT, 2(12). https://doi.org/10.5281/zenodo.14607767
Vol. 2 No. 12 (2024): «Yashil iqtisodiyot va taraqqiyot» jurnali