Manufacturing & Supply Chain

Driving efficiency and cost improvement

Building the Digital Factory and Closed Loop Supply Chain

The manufacturing and supply chain industries make up the backbone of the economy. The push to digitize is driving innovation in every corner – and the factory and logistics of the future will be the rewards. The goal is to increase transparency and connect with customers throughout the manufacturing and delivery process.

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Global competition, tariffs, and economic uncertainty are changing the manufacturing landscape. Manufacturers are adopting digital technologies to increase efficiency, reduce costs, remain competitive, and improve time to market. The future factory is built on hyper-automation, the internet of things, and AI. Competing in the next decade depends on the practical implementation of your digital efforts today.

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Supply Chain

Customers expect goods to be delivered in days, not weeks, with the ability to track every step along the way. Digital solutions can transform planning and routing to dramatically improve supply chains for increased resource efficiency. AI and predictive analytics will help supply chains identify valuable cost and time savings, enhance efficiency and create a closed-loop process.

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Chemical companies are facing a growing demand for more sustainable, eco-friendly products. To meet market demand, organizations are implementing new technologies, including advanced analytics, AI, and robotic process automation. The next phase of growth will depend on identifying new market opportunities, reducing cost, and improving the sustainability of products.

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The Digital Edge for Growth

Improving Operations

The expectations for manufacturing and supply chain organizations are on the rise. Customers want more visibility into the process, which requires systems that are upgraded and integrated. The challenge for the industry is shifting from operations and maintenance to innovation. Improving operational effectiveness starts with prioritizing systems, enhancements, and new functionality based on business value.

Embracing New Technology

Manufacturing and supply chain organizations must accelerate the adoption of new technologies. Advanced analytics, AI, and automation can dramatically improve operational efficiency, generate insight into trends, and ease manual and time-consuming tasks. According to Gartner, the opportunity can reduce costs by up to 18%, giving companies that much more to invest in innovation.

Filling the Resource Gap

Embracing innovation comes with its challenges. Many manufacturing and supply chain organizations lack the skills to leverage operational improvement and new technologies. According to PWC, more than half of CEOs say they don't have the skills to innovate, and nearly that many attribute a lack of skills to missing growth targets. An important step in embracing digital is solving the skills gap.

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