A meaningful digital transformation will require your organisation to rethink all aspects of how it operates. This change is necessary to maintain growth in today’s highly competitive marketplace. To successfully transform, your business needs a plan of action that is centred around the customer and the people within your company who get the work done.
Demand-driven value networks
Supply chains have always been one of the key beneficiaries of digital progress. The advent of the internet, in particular, represented a massive turning point in how goods are moved, managed and monitored. In this blog, we explore the benefits that digitalisation, bolstered by the usage of new supply chain technologies, is bringing to the table.
Collaboration has long been the lifeblood of productivity and creativity in the workplace. Yet for many manufacturing executives, connecting machines to the plant, and, in turn, the plant to the back office remains a top priority. Much less of a concern appears to be the prospect of a seamlessly connected workforce.
Legacy systems traditionally used for warehouse management are inefficient in the modern era — even systems as little as five years old. So if you’re considering an upgrade or want to determine if your current WMS is still fit for purpose, look out for these five must-have qualities.
Much like we tend to believe that our driving skills are above average, managers tend to believe that their organisation’s process capabilities are better than average. This cognitive bias can be a dangerous illusion. To thrive in the future, organisations should instead challenge their perceptions through open process innovation.
There’s no single road map for a successful digital transformation. The path is different for every company and industry. However, there must be a concerted attempt to get employee buy-in from the start. It’s therefore imperative to have leaders with the right mindset and motivation to guide the digital transformation process.
In a world of constant change and disruption, how can you know when ‘improvement’ is enough or, more importantly, when it’s time to leapfrog your competitors with a radical overhaul of an activity? The world’s most successful organisations approach breakthrough improvements by developing a high-level strategy for their smart manufacturing vision.
Best-in-class organisations are recognising the importance of leveraging advanced planning and scheduling (APS) solutions by using them to augment their ERP and/or MES operational systems. Indeed, APS represents a revolution compared to traditional planning systems, most notably manufacturing resource planning (MRP).
Industry 4.0 won’t change manufacturing overnight: instead, it is likely to evolve as new technologies emerge over time. But to really future-proof your operations, you will need to look beyond traditional manufacturing execution systems (MES).
In today’s disruptive and competitive environment, organisations are increasingly facing demand variability challenges. If not properly managed, these variations can mean increased costs, decreased revenues, increased risk and reduced profit margins. Here are seven ways to improve your demand variability management.