Tag manufacturing operations

Tag manufacturing operations

December 2017 Newsletter – News Manufacturers Can Use

December 6, 2017 Tags: , ,
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Welcome to Digabit’s December digest, bringing you the hottest topics and trends in manufacturing and technology from top online sources.

This month’s highlights:

  • Your personal lean journey
  • 3 steps to a safer manufacturing facility
  • Leveraging the power of predictive maintenance
  • Mixed reality is giving the manufacturing industry a digital makeover

Check out all the articles by clicking here!

Join the list to receive monthly industry news and updates.

Hot off the Press!

Digabit stays current on the latest technologies and trends affecting the manufacturing industry. We read popular manufacturing blogs, leading industry websites and tech publications are share the most popular stories on our social media pages daily. Once a month, we release our Industry Newsletter which includes the most popular topics you need to know.

November 2017 Newsletter – News Manufacturers Can Use

November 1, 2017 Tags: , ,
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Welcome to Digabit’s November digest, bringing you the hottest topics and trends in manufacturing and technology from top online sources.

This month’s highlights:

  • This robot tractor is ready to disrupt construction
  • Digital transformation: it’s all about the outcomes
  • Why the explosive growth of E-commerce could mean more jobs
  • Unplanned downtime affecting 82% of businesses

Check out all the articles by clicking here!

Join the list to receive monthly industry news and updates.

Hot off the Press!

Digabit stays current on the latest technologies and trends affecting the manufacturing industry. We read popular manufacturing blogs, leading industry websites and tech publications are share the most popular stories on our social media pages daily. Once a month, we release our Industry Newsletter which includes the most popular topics you need to know.

October 2017 Newsletter – News Manufacturers Can Use

October 4, 2017 Tags: , ,
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Welcome to Digabit’s October digest, bringing you the hottest topics and trends in manufacturing and technology from top online sources.

This month’s highlights:

  • 10 surprising ecommerce facts for B2B
  • GE used culture and data to transform into a 21st century company. Here’s what you can learn from them
  • 4 Colorado companies bringing new-school technology to old-school industries
  • Finding continuous improvement in the margins

Check out all the articles by clicking here!

Join the list to receive monthly industry news and updates.

Hot off the Press!

Digabit stays current on the latest technologies and trends affecting the manufacturing industry. We read popular manufacturing blogs, leading industry websites and tech publications are share the most popular stories on our social media pages daily. Once a month, we release our Industry Newsletter which includes the most popular topics you need to know.

August 2017 Newsletter – News Manufacturers Can Use

August 2, 2017 Tags: , ,
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Welcome to Digabit’s August digest, bringing you the hottest topics and trends in manufacturing and technology from top online sources.

This month’s highlights:

  • How to fix manufacturing’s poor image
  • Workforce challenges are a top concern for manufacturers
  • How wearables can improve safety on the manufacturing floor
  • Lean manufacturing’s hidden challenges

Check out all the articles by clicking here!

Join the list to receive monthly industry news and updates.

Hot off the Press!

Digabit stays current on the latest technologies and trends affecting the manufacturing industry. We read popular manufacturing blogs, leading industry websites and tech publications are share the most popular stories on our social media pages daily. Once a month, we release our Industry Newsletter which includes the most popular topics you need to know.

July 2017 Newsletter – News Manufacturers Can Use

July 5, 2017 Tags: , ,
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Welcome to Digabit’s July digest, bringing you the hottest topics and trends in manufacturing and technology from top online sources. Check out the articles by clicking the thumbnail image or the text link below.

This month’s highlights:

  • Where manufacturing is thriving in the U.S.
  • New trends in B2B consumer behavior
  • Steps to begin your digital transformation
  • Lean management transition tips

Check out all the articles by clicking here!

Join the list to receive monthly industry news and updates.

Hot off the Press!

Digabit stays current on the latest technologies and trends affecting the manufacturing industry. We read popular manufacturing blogs, leading industry websites and tech publications are share the most popular stories on our social media pages daily. Once a month, we release our Industry Newsletter which includes the most popular topics you need to know.

Digitize to Win: 3 Strategies for Manufacturers

June 9, 2017 Tags: , , , , , , , , , ,
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Technology is changing the world, and it’s also changing manufacturing

Incorporating digital best practices, such as working from relational databases, providing real-time information to employees and customers and improving the customer experience through online sales is what will separate the manufacturing winners from the losers over the next decade.

What’s Changed in Manufacturing

The internet has changed how customers interact with companies. We now live in a digital economy, where the ability to purchase almost anything is at the tip of your fingers with one click of a button.

Online shopping used to be thought of as only something that companies selling direcctly to consumers needed to factor in. However, the digital economy has so deeply permeated our behaviors that this isn’t limited just to B2C customers anymore. Things are starting to change for B2B commerce too, and companies that are smart enough to get on board will be the ones to reap the most successes.

Here are a couple of statistics to back up this change in purchasing preferences. A recent study showed that:man looks up parts information on computer

  • 93% of B2B customers prefer to buy online when they’ve decided what to buy.
  • 74% feel buying from a website is more convenient than buying from a sales representative.
  • 56% expect to make half or more of their work purchases online this year.

This shows just how critical incorporating digitization into B2B and manufacturing is. B2B buyers want to be able to purchase products and get the information they need anytime, anywhere. They want their experience to be effortless and easy. And companies that don’t do this are going to facing a much shorter life expectancy.

Optimizing Operations

How much time do your employees spend searching for information, making changes or fixing errors from inaccurate information?

Outside of some of the biggest companies, manufacturing today remains largely a “pencil and paper industry”. This type of mentality has a huge impact on how productive your business can be. It leads to departments working in silos, not sharing changes and updates and tribal knowledge that could be useful for everyone staying isolated.

This is obviously very inefficient. You have departments all over, working on different documents and outdated information, which can lead to the loss of time, and, as people leave, the loss of tribal knowledge.

Take care of this disconnect and optimize your internal operations. Start tablet looking at a shipping facilityby getting everyone using the same database to store their documents, manuals and notes. Using this type of relational database in the cloud (meaning it can be accessed from anywhere) allows everyone to be connected and working from the same information.

This not only will have an impact for your engineers, but will also allow your field techs and customer service reps to access up-to-date parts information.

Think of all of the time your people will save by having instant access to real-time information and breaking down communication silos. This alone can save hundreds of thousands of dollars for your company.

End users are more empowered than ever.

When making purchases, they want something that is high quality, low cost, delivered quickly and information they can get instantly.

Manufacturers in the past have relied on dealer networks or conducting business over the phone. While there will still be businesses where this works, more and more customers want to be able to get their information and ordering done online.

A recent study found that customers that have to speak to a sales rep to make a purchase are 4x as likely to go somewhere else the next time they need to buy something. We need get in a mindset of being customer-focused. If you can do that, you can gain loyalty, which will help sustain your business and sell more aftermarket parts.

One major source of revenue many manufacturers are missing out on is providing easy access to selling aftermarket parts.

an assortment of spare parts on a gray backgroundStudies have shown that about $1 trillion dollars a year are spent on parts for machinery people already own. What may surprise you is that OEMs capture less than 50% of this market currently. It’s will-fitters and other dealers that are taking advantage of this high profit margin segment, which is too bad.

There is no one in a better position to sell your parts than you.  You have a distinct advantage when it comes to enhancing the buyer experience. You have access to exclusive customer data, comprehensive product knowledge and more precise parts information.

Parts sales is a market that is sitting there for the taking and can provide a long-term steady stream of revenue after an initial sale of equipment. While there will always be some people who only want a bargain, shoppers have proven that they will pay for convenience and quality, which OEMs can provide.

In Summary
The companies that are going to thrive and overtake their competition are the ones that recognize the opportunities available and incorporate technology into their operations and sales. By creating a strategy early, you will be able get a jump on the market and leave everyone else in the dust.

Read about these strategies in action in our customer success stories. 

June 2017 Newsletter – News Manufacturers Can Use

June 7, 2017 Tags: , ,
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Welcome to Digabit’s June digest, bringing you the hottest topics and trends in manufacturing and technology from top online sources. Check out the articles by clicking the thumbnail image or the text link below.

 

This month’s highlights:

  • Reasons manufacturing jobs are suited for millenials
  • Why switching to SaaS is a good investment
  • How 3M digitized their supply chain
  • Manufacturing isn’t dead, it’s evolving

Check out all the articles by clicking here!

Join the list to receive monthly industry news and updates.

Hot off the Press!

Digabit stays current on the latest technologies and trends affecting the manufacturing industry. We read popular manufacturing blogs, leading industry websites and tech publications are share the most popular stories on our social media pages daily. Once a month, we release our Industry Newsletter which includes the most popular topics you need to know.

May 2017 Newsletter – News Manufacturers Can Use

May 3, 2017 Tags: , ,
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Welcome to Digabit’s May digest, bringing you the hottest topics and trends in manufacturing and technology from top online sources. Check out the articles by clicking the thumbnail image or the text link below.

This month’s news and insights:

  • How augmented reality is helping productivity in factories
  • Identifying and overcoming skill vulnerabilities in staffing
  • How U.S. manufacturing can foster a renaissance
  • And much more….

Check out all the articles by clicking here!

Join the list to receive monthly industry news and updates.

Hot off the Press!

Digabit stays current on the latest technologies and trends affecting the manufacturing industry. Every day, we comb popular Manufacturing Association blogs, leading industry websites and tech publications sharing the most popular stories on our social media pages. Once a month, we release our Industry Newsletter which includes the most popular stories.

April 2017 Newsletter – News Manufacturers Can Use

April 5, 2017 Tags: , ,
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Welcome to Digabit’s April digest, bringing you the hottest topics and trends in manufacturing and technology from top online sources. Check out the articles by clicking the thumbnail image or the text link below.

April 2017 manufacturing newsletter

This month’s news and insights:

  • A beginner’s guide to big data
  • Why farmers are hacking their tractors with Ukrainian firmware
  • Trends reshaping the manufacturing industry
  • And much more….

Check out all the articles by clicking here!

Join the list to receive monthly industry news and updates.

Hot off the Press!

Digabit stays current on the latest technologies and trends affecting the manufacturing industry. Every day, we comb popular Manufacturing Association blogs, leading industry websites and tech publications sharing the most popular stories on our social media pages. Once a month, we release our Industry Newsletter which includes the most popular stories.

March 2017 Newsletter – News Manufacturers Can Use

March 1, 2017 Tags: , , ,
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Welcome to Digabit’s March digest, bringing you the hottest topics and trends in manufacturing and technology from top online sources. Check out the articles by clicking the thumbnail image or the text link below.

March Newsletter

This month’s news and insights:

  • Trends shaping the return of manufacturing to the United States
  • How manufacturers can get faster, more flexible, and cheaper
  • B2B e-commerce impact on manufacturing
  • And much more….

Check out all the articles by clicking here!

Join the list to receive monthly industry news and updates.

Hot off the Press!

Digabit stays current on the latest technologies and trends affecting the manufacturing industry. Every day, we comb popular Manufacturing Association blogs, leading industry websites and tech publications sharing the most popular stories on our social media pages. Once a month, we release our Industry Newsletter which includes the most popular stories.

February 2017 Newsletter – News Manufacturers Can Use

February 2, 2017 Tags: , , ,
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Welcome to Digabit’s February digest, bringing you the hottest topics and trends in manufacturing and technology from top online sources. Check out the articles by clicking the thumbnail image or the text link below.

This month’s news and insights:

  • Engineering smart factories of the future.
  • How IoT is redefining manufacturing.
  • Lessons in lean training.
  • And much more….

Check out all the articles by clicking here!

Join the list to receive monthly industry news and updates.

Hot off the Press!

Digabit stays current on the latest technologies and trends affecting the manufacturing industry. Every day, we comb popular Manufacturing Association blogs, leading industry websites and tech publications sharing the most popular stories on our social media pages. Once a month, we release our Industry Newsletter which includes the most popular stories.

The Top 3 Business Trends for Manufacturers in 2017

December 16, 2016 Tags: , , , , , , , , , ,
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The new year is fast approaching, which means it’s the perfect time to look ahead and start gearing up for 2017. We’re predicting that next year will continue to bring fundamental shifts to manufacturing business operations, thanks to technology.

Here are the top three business trends manufacturers should address to improve profits, drive customer retention and stay ahead of the competition in 2017.

1. The relative value of the aftermarket

Manufacturers of industrial-grade equipment have a continual revenue stream problem—it can be years or even decades before customers need to replace a full piece of machinery, and profit margins are tight on these capital equipment sales. On the other hand, selling aftermarket parts is a high-margin, long-term revenue stream.

drill machine parts

Economic studies show that spare parts and aftermarket sales comprise almost 8% of the GDP, meaning about $1 trillion is spent a year on assets that are already owned. Big money is made through ongoing sales of replacement parts and service products. Who is best positioned to sell these products, if not the OEM?

What may surprise you is that OEMs traditionally capture less than 50% of aftermarket part sales. Instead, most of this market share is captured by third party resellers, will-fitters and other suppliers.

This is a huge missed opportunity. By taking steps to increase these aftermarket sales using technology and other resources, companies can see their profits grow exponentially this upcoming year.

2. It’s time to move more sales online

The internet’s broad use by consumers and businesses has dramatically changed how people gather information and make purchases. And the expectation of equipment owners to be able to research and buy parts online is only going to continue to grow in the future.
an with credit card online shopping

Manufacturers have a unique opportunity over the next few years to streamline aftermarket sales with online parts catalogs and flexible purchasing options.

Brand loyalty may be dying in the consumer retail arena, but OEMs have a distinct advantage when it comes to enhancing the buyer experience. With access to exclusive customer data, comprehensive product knowledge, and more precise parts information, manufacturers have a head start on making a “sticky” online sales platform.

While bargain hunters will always exist, modern shoppers have proven that they will pay for convenience and quality, elements that OEMs are uniquely poised to provide.

Providing online parts sales and information is one of the quickest paths to increase revenue and customer satisfaction. The digital shift means that buyers expect real time information with immediate access. Soon (and by “soon” we mean now), a bulky paper catalog accompanied by a parts desk phone number isn’t going to cut it.

3. Internet of Things (IoT)

IoT drawing

Where do people, data and intelligent machines intersect and how is it going to change the world? According to IDC, IoT spending is expected to skyrocket in the next few years, from $656 billion in 2014, to $1.7 trillion in 2020.

And there’s a good reason for it. IoT can make services more responsive, convenient and efficient for consumers. This is true for industrial IoT (IIoT) as well. Most new heavy equipment includes telematics capabilities, with sensors installed on key systems, whether operators choose to use them or not.

Some companies are using these systems to shift asset maintenance from a preventative to predictive model. Downtime is one of the costliest variables in equipment lifecycle costs, and IoT can play a key role in diminishing it.

Instead of guessing the condition of equipment and replacing parts on a predetermined schedule, maintenance can instead be triggered by real-time conditions monitored by sensors installed in the machine. This may seem like a small change, but significant dollars can be saved by not replacing parts that don’t need it, and by optimizing downtime and reducing unplanned work stoppages.

For manufacturers, think of the benefits gained from this type of data, and how customers can be encouraged to buy aftermarket parts from an OEM. With IoT and accurate data, you can predict a customer’s needs and have parts and supplies ready and in stock. And by integrating this data into your online parts catalog, you could send the customer a reminder email with a suggested shopping cart that includes the needed parts.

This is an exciting time to be in the manufacturing business and use technology to increase customer satisfaction and revenue. By integrating streamlined aftermarket parts sales, data and online capabilities into your overall strategy, your business can jump to the next level in 2017.

December 2016 Newsletter – News Manufacturers Can Use

December 6, 2016 Tags: , , ,
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Welcome to Digabit’s December 2016 digest, bringing you the hottest topics and trends in manufacturing and technology from top online sources. Check out the articles by clicking the thumbnail image or the text link below.

december-2016-digabit-newsletter

This month’s news and insights:

  • Top IoT predictions for 2017 from industry experts.
  • Must have metrics to drive continuous manufacturing improvement.
  • How to keep supply chain data secure in an era of increasing digitization.
  • And much more….

Check out all the articles by clicking here!

Join the list to receive monthly industry news and updates.

Hot off the Press!

Digabit stays current on the latest technologies and trends affecting the manufacturing industry. Every day, we comb popular Manufacturing Association blogs, leading industry websites and tech publications sharing the most popular stories on our social media pages. Once a month, we release our Industry Newsletter which includes the most popular stories.

Watch the video to learn a faster way to create parts catalogs

February 2016 Newsletter – News Manufacturers Can Use

February 10, 2016 Tags: , ,
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Digabit February 2016 - Digabit Newsletter

In this Issue

The holiday leftovers have all been eaten or thrown out, so we can get back to our obsession with helping manufacturers grow their businesses through intelligent use of technology. Here are the articles that made the biggest impressions over the last month.

You’ll read about:

  • The 3 technology trends with the most significant impacts on design and production
  • The potential and pitfalls of B2B and B2C eCommerce for manufacturers
  • An IIoT-related survey with data from real manufacturing decision-makers
  • The best uses of data analytics for the automotive industry

Click here to read all of the stories.

Join our monthly Newsletter to receive the latest industry news.

Hot off the Press!

Digabit is committed to keeping current on the latest technologies and trends affecting the manufacturing industry. Every day, about it we comb popular Manufacturing Association blogs, leading industry websites and tech publications sharing the most popular stories on our social media pages. Once a month, we release our Industry Newsletter which includes the most popular stories.

Watch the video to learn a faster way to create parts catalogs

August 2015 Newsletter – News Manufacturers Can Use

August 5, 2015 Tags: , ,
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August 2015 - Digabit Newsletter

In this Issue

True or False? The latest apps are high-tech and sexy, but manufacturing is dull and old-fashioned. If you answered, “True,” read on to find out how wrong you are!

Manufacturing firms shift from traditional to online marketing. With domestic manufacturing surging, now may be the time to invest in new technology. Find the leaders in cloud technology and enterprise resource management (ERP). Wearable technology isn’t just for joggers — manufacturers disrupt the desktop to improve worker training, safety and production. And last, a ping from the Internet of Things and its potential to upgrade product support, from preventive maintenance to inventory management—subjects dear to our hearts here at Digabit!

Click here to read all of the stories.

Join our monthly Newsletter to receive the latest industry news.

Hot off the Press!

Digabit is committed to keeping current on the latest technologies and trends affecting the manufacturing industry. Every day, we comb popular Manufacturing Association blogs, leading industry websites and tech publications sharing the most popular stories on our social media pages. Once a month, we release our Industry Newsletter which includes the most popular stories.

 White Paper - Increase parts sales with Service Lifecycle Management

Best Practices: Executing an After Sale Web Library and eCommerce Platform

June 19, 2015 Tags: , , ,
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The market for Equipment Manufacturer’s (EMs) and OEM products is constantly evolving due to newer industry regulations and technologies. Many companies have difficulty adapting to these changes, while others look forward to meeting any challenges head on. EMs and OEMs can maximize their productivity, drive the top line and stay competitive by embracing technologies such as Documoto.

Documoto is a powerful publishing platform with a Cloud Library and available Cloud Storefront for managing your company’s product offerings, parts catalogs, and vital documentation. With a streamlined and automated approach, your dealers and customers with be able to stay up-to-date with the latest content on maintaining your equipment.

Using the expertise of Digabit’s Professional Services team, we simplify your content migration process by bringing together all of your PDFs, parts catalogs, images, and more into a unified publishing solution. Documoto enables EMs and OEMs to radically shift the content creation and updating paradigm by inverting the perception of a cost center to monetizing both legacy and new content, allowing your customers to easily browse and order parts instantly.

To get the most out of your Documoto implementation, here are four best practices you should embrace that will save time and reduce excessive costs:

1. Integrate with EAM/ERP

By integrating Documoto into an existing eCommerce solution, your customers and dealers will be able to locate and order products with greater speed and accuracy. This modernizes the parts ordering process and translates to getting products quickly, decreasing equipment downtime.

Though integrating Documoto into your existing system adds far more efficiency, the approach is not intended to overhaul the platform you’ve grown accustomed to. With our inline approach, the order is exported directly into your existing EAM/ERP system continuing to leverage the purchase forms you’ve already set up.

Documoto users have realized substantial efficiency with the entire ordering process. ERP integration is not mandatory, but can be included as an add-on feature that yields great value. The benefit of integrating with your ERP solution is to continuously keep price and availability up-to-date with both systems bi-directionally.

2. Assign User Privileges and Access Control

Documoto allows you to retain total control over every bit of content in your system. By assigning user privileges, you will be able to give your managerial staff access while overseeing every level of your parts-ordering process and system.

Assigning user privileges and access controls to specific documents based on the user’s role allows you to achieve optimal efficiency while maintaining a high degree of control and security. With the use of single sign-on, a user will only be prompted to log in once to access all parts on the platform offering an unparalleled seamless user experience.

3. Manage Parts Evolution

With Documoto, you will be able to instantly update information on after sale parts, eliminating outdated data immediately and allowing you to preserve accurate records of every part in your catalog(s). Along with updating part information, you can add tags to the part(s), making them easily searchable based on defined criteria.

Documoto also offers supersessions with Engineering Change Orders (ECOs), notices and requests while easily updating the data in all instances of the parts manuals. By taking advantage of these features, you can maintain a parts catalog that is both continuously up-to-date and quickly searchable, thereby driving customer satisfaction and topline growth.

4. Track User Data

Your data is by far one of your company’s most powerful assets. However, with a traditional parts catalog, it is impossible to realize the full value of customer interaction and utilize data to its full capacity and potential.

With Documoto, you will be able to track various user interactions such as: when users last logged in, their identities, browsing patterns, materials read and much more. This valuable data will allow you to fine-tune your approach and make powerful information-driven decisions moving forward in the virtual world.

There is also the added benefit of user adoptability analytics, which will allow you to make more informed decisions about how customers and dealers leverage Documoto and what to changes should be instituted.

Adopting new technologies always involves a degree of adjustment. These four best practices allow you to see substantial benefits in record time. Contact the Digabit staff with any questions about this innovative process.

 Watch the Documoto overview video

Improving Supply Chain Operations with Integrated Technologies

April 6, 2015 Tags: ,
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Not only is technology shaping the narrative of future manufacturing performance, but it’s also enhancing productivity throughout the supply chain. From OEMs to warehouses to transportation networks, the logistics of creating, moving and selling heavy machinery and industry-specific parts is a matter of fine-tuning and narrowing the focus of the supply chain for maximum effect. The end goal is to produce a quality product that meets the demands of customers, for which technology can help drive innovation and overcome potential holdups that arise along the way. This newly coined operation is known as “smart manufacturing.”

Rather than simply choose the “cost-reduction” model of doing business, whereby manufacturers find areas in the budget to cut expenses, technology provides an avenue to proactively invest in the company as opposed to just eliminating expenditures. However, once technology proves its value and effectiveness, money is inherently saved as a result.

Helmuth Ludwig, CEO of Siemens Industry Sector North America, speaking on a Siemens study, noted technology has transformed the capacities for businesses to streamline efficiency, according to the company’s Totally Integrated Automation Vault.

“What’s different today is that we have additional opportunities to drive productivity beyond those traditionally driven through lean continuous improvement,” said Ludwig. “In short, at the company and plant level, [manufacturers] are seeing tremendous improvement potentials in productivity and efficiency thanks to software technology.”

“Initial hesitation to adjust to new technologies shouldn’t stand in the way of forward progress.”

Adopting new models

Part of this solution lies in the ability of companies to implement new technologies – whether it be back-office software or on-board diagnostics during the shipping process – and to do so seamlessly. Getting employees, managers and existing inventory systems all on board can be a difficult task to complete, especially considering the size of many of the world’s largest manufacturers and their associated supply chains.

In the case of electronic, cloud-based parts catalogs, OEMs, dealers and workers may be dealing with entirely new forms of software. Frontloading enough planning and training time before the actual implementation period begins is key. The new system needs to be worked out prior to it going live, which means everyone involved in the process should be as well-versed in the technology as possible. Though certain industries and business ideologies can potentially view technology as an unnecessary disruption to existing models for running a functional operation, initial hesitance to adjust shouldn’t stand in the way of forward progress.

Further, the Siemens study found 41 percent of manufacturers are wary of not being able to keep knowledgeable workers around long enough to transfer their skills to newer employees, which hurts the chances that a new technology will become ingrained into the corporate culture and prove to be a successful tool. To correct this, more training programs should be employed to ensure resources are being fully utilized so that software is being used effectively.

Simplifying processes

The ultimate goal of any new adjustment is to produce results, whether they be short- or long-term. The benefit of eliminating manual processes in favor of automated functions saves time for everyone involved. For OEMs, wading through an entire parts catalog is often an arduous and inefficient task that can be remedied by automating the process. Through updated search results and data entry, a catalog and inventory system becomes a living, breathing part of the overall business operation.

Companies are now switching over to cloud-based software that enables users of the system to see real-time updates and find the items they are looking for much more quickly. This additional time saved is passed on to dealers and consumers in the form of faster service.

To go further, manufacturers can connect not only their internal software, but also to those of other companies they do business with. Extrapolated over an entire supply chain, coordinated technological solutions can reduce delays and setbacks that occur during the transport of equipment to and from their destination centers.

Integrating productivity

People typically think of supply chains as long, slow-moving trucks hauling goods, but that premise is largely a thing of the past. With stronger, cheaper materials, data-driven monitoring systems and highly intelligent computerized processes, manufacturers are finding it easier to get their products to market, The Wall Street Journal reported.

“Manufacturing is undergoing a change that is every bit as significant as the introduction of interchangeable parts or the production line, maybe even more so,” said Michael Idelchik of GE’s global research lab, according to the Journal. “The future is not going to be about stretched-out global supply chains connected to a web of distant giant factories. It’s about small, nimble manufacturing operations using highly sophisticated new tools and new materials.”

More efficient fabricating measures like 3-D printing and the use of lightweighting make it more resourceful for manufacturers to operate, and when combined with the growing trend toward digitization, production floors are becoming hotbeds for innovations in design and engineering. Additionally, when integrated into a larger framework of productivity, utilizing technology to capitalize on these advancements is a matter of keeping up with the times.

Manufacturers employing these forward-thinking techniques can streamline their daily workflows and better manage operations, no matter the size of the company. Transforming your business in coordination with the latest technologies can produce enormous results in both profits and production capacity, turning traditional factories into smarter manufacturers.

 White Paper - Increase parts sales with Service Lifecycle Management