Disruption has become the prevailing norm in the business landscape. Since the onset of the pandemic, manufacturers have grappled with an array of ever-changing operational conditions, ranging from demand and cost fluctuations to labour scarcities and supply chain complexities. Simultaneously, the pursuit of sustainability goals is compelling waste and emissions reduction.
Within this context, manufacturers must uncover novel avenues to amplify their agility. According to a recent IBM study, over half (56%) of surveyed CEOs pinpointed agility and flexibility as their foremost strategic priorities. Respondents to the survey noted that technology is likely to yield the most substantial business impact in the coming years, singling out the Internet of Things, cloud computing, and artificial intelligence as the primary technologies anticipated to yield favourable business outcomes.
The digital transformation of manufacturing operations has become a pivotal foundation for heightening operational efficiency and adaptability while gaining comprehensive insight across the supply chain during heightened disruption.
Adopting Manufacturing Execution Systems (MES) is increasingly imperative for meeting the evolving demands of the current business landscape. With their capability to digitally revolutionise production workflows and offer a comprehensive overview of operations from the shop floor to the top floor, the latest MES systems empower manufacturers to fortify their operations, ensuring competitiveness and long-term profitability.
The article delves into critical ways the newest MES systems bolster business agility by providing real-time access to precise and current information.
CRAFTING A DIGITAL MANUFACTURING ECOSYSTEM TO EMBRACE CHANGE SWIFTLY
This story is from the September 2023 edition of Manufacturing Today.
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This story is from the September 2023 edition of Manufacturing Today.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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