How Digitization Is Transforming Manufacturing Industry
Now, processes are digitized. Designs are completed in 3D CAD files, digital twins exist to mirror the objects they’re building and everything connected via the internet of things. Drawings aren’t handed down to the shop floors in books — rather, they’re being sent to tablets built specifically for that purpose.
The first thing we’re seeing as digitization transforms the manufacturing industry is the speed of manufacturing. Driven by rapidly changing consumer tastes and an accelerated pace of new product introduction/innovation, manufacturing needs to figure out the best way to adapt.
Digitization gives an instant boost to productivity, allowing projects to move faster and manufacturers to hit more aggressive deadlines.
Specifically, manufacturers will be able to rapidly move from design to floor and back again as changes come through from the engineering team.
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Digitization of Machines To Help Manufacturers Optimize ERP
Manufacturers often avoid incorporating digitization and connectivity to their machine floors via ERP platforms to improve their ROI. Of Course, it is challenging and also asks for a little extra investments but it has already been proven that the ROI recorded was significantly high whenever a manufacturer has deployed digitization in context of collecting the real time machine data.
Apparently, most owners of the manufacturing firms are disconnected with what is going on in their factories, specifically in the engineering departments and the rate of workflow in various varied sections of their manufacturing establishment.
Apparently, Enterprise Resource Planning Software’s use within the large and medium sized manufacturing firms has increased many folds as compared to its use about 5 years ago.