How Industry 4.0 and the Pandemic are transforming manufacturing businesses
The shift of consumer preferences during the global pandemic, combined with the rise of Industry 4.0, have transformed what it means to manufacture.
Your customers expect personalisation, constant innovation and exemplary user experiences- and they don’t want to have to wait for delivery. As traditional markets are being disrupted and turned upside down by supply chain delays and innovative entrants, new markets are being built, and the competition – always fierce – is intensifying.
In response, we are seeing a rise of connected machines, intelligent insights, rapidly advancing technologies and automated processes that are enabling the world’s factories to produce more, quicker, with less waste, at a lower cost. And in the last twelve months, as many businesses are faced with the pressure of producing more with less, the need for modern technology couldn’t be more pressing.
In the battle for commercial success, working smarter isn’t just important, it’s essential. As physical manufacturing environments become increasingly managed by, and merged with, digital technologies, the dream of the ‘Smart Factory’ has become a reality.
But with digital disruption so rife, how manufacturers remain competitive in this new age remains a crucial question. All businesses, including large global players, are wrestling with how best to leverage the capabilities of digital technologies to gain that necessary edge.
And that’s exactly where modern, cloud-based enterprise resource planning (ERP) platforms are playing a vital role. In the same way that Industry 4.0 and the pandemic are transforming manufacturing businesses, their ERP systems have also had to evolve.
As the manufacturing sector stands on the cusp of its greatest transformation, it’s critical that your technology platform is integrated, intelligent, user-friendly, scalable and secure.
Download our manufacturing eBook to learn about the five key factors in the evolution of modern ERP, and how Microsoft Dynamics 365 is paving the way for Manufacturing in the Cloud. See how businesses like yours are using the capabilities of modern ERP to drive substantial bottom-line benefits and make more profitable decisions.