Developing Your Digital Manufacturing Strategy
A recent Gartner survey (reference below) identified “Digital Initiatives” as the top CIO priority for 2019, tied with Revenue Growth and ahead of other items including Operational Excellence, Customer Experience and Cost Reduction. Of course “digital” can support all these aspirations, but clearly the pressure is there to bea more digital business, even for those companies in the manufacturing space not considered digital natives.
As a result, every consultant big and small is more than happy to show you their slide deck — “Artificial Intelligence Enabling the Cloud of Digital Transformation in the Industry 4.0 Blockchain of Augmented Reality… as a Service” — with visions of collaborative workplaces, transformational apps, and big data insights. But you say “Well that sounds great, but I’m working for a traditional manufacturing company and wait to see my “debt” –20-year old ERP and MES systems, many manual processes on the plant floor, and an old school, non-digital, cultureand organization. How am I going to chart a digital transformation path forward?”
First, while many can debate the meaning of the phrase “Digital Transformation”, make sure you define what it means for your company. In fact, it probably has a different meaning depending on what business unit or function you’re talking about. Maybe outside disruptors are a major concern and you need to rethink how you service your customers, or even who your customers are. Maybe your business, like Linde’s,is capital intensive and still has large barriers to entry, but you need to continue to improve quality and cost performance. There are no wrong answers, but you should be prepared to play a key role in setting the true north for your organization…Continue Reading…
Follow us on :
Twitter | Linkedln | Facebook | Instagram
Check This Out:
CIO Review | Crunchbase
CIO Review | Review
CIOReview | Client
CIOReview | Client
