The power of the cloud
The adoption of cloud technology in the manufacturing industry is accelerating . Our most recent Industry Insights Report revealed that 90 percent of manufacturers plan on moving to the cloud and are comfortable with cloudbased ERP solutions . Despite this , there are laggard manufacturers still reliant on outdated , siloed and unstable digital foundations , which restrict growth , innovation and competitiveness .
As a manufacturer , your goal is to have an efficient production line and keep waste to a minimum . In today ’ s tough economic climate , it ’ s also essential that manufacturing businesses produce the highest yield possible while satisfying their customers . Cloudbased ERP solutions are central to a lean manufacturing methodology while empowering businesses to adjust their output accordingly .
Cloud solutions break down departmental silos and enable companies to integrate every aspect of their manufacturing process seamlessly . Having all data available in one unified platform provides visibility over the whole production journey - from design , inventory and development to procurement , production , delivery and sales . This integration and ability to monitor all processes in real-time not only enhances operations but provides insights to streamline production , cut costs and enable data-driven decisions to be made in the future .
Migrating to the cloud is already reaping rewards for those manufacturers who have made the change . However , as our turbulent economy continues to create uncertainty combined with increased customer demand for speed and customization , laggard businesses must start to consider investing in the right cloud solutions to help them consolidate , connect and collaborate – otherwise they risk being left behind .
The true value of data
Data is at the core of manufacturing and has become central to digitalization strategies . It can be used to identify changes in customer behavior , supply chain issues , and production or labor
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