Picking up from our last blog post, manufacturers stand to gain substantial benefits from deploying Industry 4.0 technologies. These benefits include productivity gains, reduced labor costs (and possible personnel), as well as uncovering new revenue streams.
2. Transparent supply chain
Especially after the disruptions caused by the pandemic, efficiently filling customer orders is top of mind for manufacturers. According to a survey from industry advisory firm BDO, 23% of midmarket manufacturers are looking to supply chain technologies to help speed up order cycle times.2 Manufacturers need end-to-end supply chain technologies that give them a network-wide view of inventory on order, so they can see where potential bottlenecks may be—whether it’s from the supplier during transport, or once it makes it to the manufacturing facility.
Software shopping list:
- Industry-specific Infor® SyteLine ERP solution
- Infor CloudSuite WMS warehouse management solution
- Infor Birst cloud BI and Analytics
