The manufacturing sector is constantly changing with disruption and innovation reshaping how manufacturers deliver in today’s evolving world. Especially after seeing the impact of the COVID-19 pandemic on manufacturing, the need for change is more evident to better combat supply chain disruptions, rapid shifts in demand, and increasing costs.
Currently, manufacturing represents 54% of global energy consumption. However, sustainability has increased over the years through digitalization and the use of new technologies. For example, end-to-end visibility cuts waste and byproducts while predictive maintenance reduces disruption and environmental impact. Yet, to fully achieve the factory of the future, manufacturing would need adaptable technology, scalable production, and a versatile workforce to accommodate new products and changes, increase efficiency, and work in virtualized and AR environments. Rethinking manufacturing and distribution could eliminate 45% of global emissions and create a healthier Earth.
Creating a factory of the future can start by developing the internal skills necessary to design digital solutions. It is important to evaluate opportunities for disruption and consider how to use digital technologies to deliver better resiliency and flexibility. Determining your maturity would help with building towards your transformation goal before planning and executing your strategy. It is also important to consider changing trends and your next steps throughout the process. Remember that driving transformation success depends on the people, process, and technology you interact with.