Manufacturing

Industry 4.0 technologies are creating new opportunities for manufacturers, enabling them to ideate, manufacture and distribute products in new and exciting ways. While this is a time of great progress for the industry, it’s also one that comes with enormous pressure and urgency.

Manufacturers are struggling to improve their asset realisation, manage optimum inventory levels, improve resource productivity but are also finding it difficult to manage multi-SKU portfolios, honour customer demands and delivery commitments.

On top of this, supply chain disruption, trade wars, commodity price fluctuation and demand uncertainty are posing fresh challenges to the profitability and sustenance of traditional manufacturing businesses around the globe.

Given the sector’s diversity, complexity, and ever-changing business requirements, business leaders cannot rely on old ways of working.