Digital Transformation In Manufacturing: Step Into A New Era

Wiki Article

Digital transformation in manufacturing has been and will continue to be a game-changer in every aspect of this industry, giving businesses a much stronger competitive advantage. According to a survey by McKinsey, digital transformation in the manufacturing industry can boost productivity by 10% to 30%, improve quality costs by 10% to 20%, and cut downtime by up to 50%. Despite these many benefits, only one-third of the businesses currently adopt digital manufacturing transformation. It therefore means that most of the manufacturing companies across the world are failing to seize key opportunities.

The slow adoption or missed opportunities in digital transformation often stem from a lack of the necessary knowledge and experience. To address this issue, in the article below, manufacturing digital innovation we will clarify the concept of manufacturing transformation, the challenges involved, real-world examples, and ways to build an effective manufacturing digital strategy.

smart factory transformation What is Digital Transformation in Manufacturing?
Digital transformation in manufacturing is the process of replacing manual or paper-based processes with digital tools and automation technologies to increase business value. Key goals of digital transformation for manufacturing companies often include:

– Cost optimization
– Enhanced quality and compliance
– Improved sustainability
– Boosted productivity and employee retention