COVID Environment Illustrates the Importance of Digital Manufacturing
The impact of COVID-19 continues to challenge manufacturers with sudden work remote policies, extreme demand swings, unexpected supply disruptions, new health safety procedures and other factors. In this rapidly changing environment, the importance of digital manufacturing has increased as manufacturers scramble to maintain business continuity while anticipating and reacting to seemingly never-ending disruption to their businesses. Digital manufacturing can be considered a fully integrated approach to planning, scheduling, quality, cost management, material movement and shop floor control. It allows manufacturers to leverage digital and advanced technologies to better communicate, analyze and use real-time information to meet cost, quality, production and other performance objectives. As manufacturers advance through digital transformation, many first look to ERP providers to leverage new technologies like robotic process automation (RPA), machine learning, digital twins and others to bring more actionable insights, more rapidly adapt to change and innovate for competitive advantages. With the pace of change accelerating worldwide, speed and responsiveness is everything. The ability to recognize business disruption, pivot quickly and turn that disruption into a competitive advantage is crucial. The importance of digital capabilities in mitigating abrupt business change has been accepted for years. For example, manufacturers have relied on ERP solutions as a digital foundation for quite some time, and they know the … Continue reading COVID Environment Illustrates the Importance of Digital Manufacturing
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