The Days of Digitalization
These are the days of digitalization – for manufacturers, digitalization means using digital tools such as IoT devices, AI, and edge/cloud computing to gain better visibility into their processes and outcomes. But, digitalization doesn’t just mean more technology on the manufacturing floor – it extends all the way from product development, factory optimization and back-office operations to supply chain functions and data analytics.
Why embark on the digital journey?
The benefits of embarking on a digital journey can be seen throughout the manufacturing floor – and beyond – through increased efficiency and quality, reduced costs throughout the product lifecycle, faster decision-making with fewer unknowns, and even an improved customer experience. And in most cases, manufacturers see a combination – or even all – of these benefits.
Could you benefit from a digital transformation?
We understand that not every company will reap significant benefits from digitalization. But many will – especially if you have a problem that can’t be solved with traditional methods. Let’s face it, developing a hypothesis and testing it out by trial and error can be costly and time-consuming. Here are some of the signs that digitalization can help you:
- Operational efficiency is lower than expected (or desired)
- Equipment isn’t running at full or expected capacity
- Downtime – whether planned or unplanned – is extensive
- Scrap and rework costs are too high
- Product development time is too long
- Product implementations and changeovers are plagued with last-minute changes
- You have a wealth of data but don’t know what to do with it all
- Revenue and growth are stagnant or falling below benchmarks
We also know that digitalization is a journey – it starts with a first step and continues with a well-defined outcome and plan to reach that outcome. Patti Engineering is a trusted advisor throughout your digital journey, helping you define the path and take those steps. Contact a Digitalization Expert here!
