To survive in today’s competitive, complex, and customer-centric business world, manufacturing companies must be able to overcome significant operational challenges in their supply chains. The Industry 4.0 revolution has seen manufacturing firms around the world embracing and adopting new automation and data exchange technologies such as the internet of things (IoT), artificial intelligence (AI), robotics, and machine learning. These new innovations are changing supply chain dynamics and customer expectations, and the market is putting increasing pressure on manufacturers to deliver highly-personalized, competitively-priced products on time in full (OTIF) for customers – while keeping operating costs down.
To satisfy demand, maintain productivity and profitability, and achieve market growth in the Industry 4.0 era, manufactures are seeking ways to:
- Synchronize the planning and utilization of all of their assets across their global supply chain network.
- Precisely gauge current and forecasted demand and align this with materials supply, production capacity, and inventory levels,
- Respond rapidly and effectively to supply and demand volatility,
- Drive greater efficiency through the optimization of resources and inventory – leading to higher customer service levels and lower operating costs.
With ICRON’s Optimized Decision Making and Supply Chain Optimization solutions, manufacturers can integrate and optimize their end-to-end supply chain planning and operations, and achieve solid and sustainable business growth.