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DIGITAL TRANSFORMATION IN MANUFACTURING: DEFINITION, EXAMPLES AND TIPS

 Digital transformation opens unprecedented opportunities for all businesses and industries, including manufacturing. By applying digital transformation in manufacturing, businesses are subject to change to expand production, increase productivity and improve existing limitations, but are manufacturers willing to give up the current production method, accept the change, and also risk?

If you are confused standing between these two options, let us encourage you to believe more in that change. This article will provide all the information you need. Digital transformation in manufacturing is not easy to achieve, but once you have full knowledge about it, you will find the fastest way to take advantage of it to lead the market.

Let’s dive in!

What is digital transformation in manufacturing?

For sure, in the last few years, you hear a lot about the term “digital transformation” next to the rise of the “smart factory” or “industrial 4.0.”  So what is digital transformation in manufacturing? 

It is simply the impact of science and technology advances, especially the achievement of industrial revolution 4.0, on the field of manufacturing in many businesses. It optimizes the use of data in operation, helping speed up activities and reduce costs, and change the work of the organization to bring breakthrough value to customers. For example, operators can use their sales data to analyze and predict the needs of customers. From there, they will be able to create plans and adjust their production activities to suit them.

However, in all the benefits of digital transformation in manufacturing, productivity improvement is just the beginning. To better understand why we recommend applying it, go deep into profits that make businesses accept risks to change in the next section.

Benefits of digital transformation in manufacturing

In 1975, Kodak’s engineers invented the digital camera, but Kodak put it away because it feared this invention would make people not buy its filmstrips and photo-developing chemicals. Kodak at that time had a place in the market, leading many years in film camera products. You could find their products at any photo shooting in the world. However, the bigger and more successful they get, the slower businesses innovate. While Kodak continues to ignore many other digital conversion opportunities, Many companies have started to realize the long-term benefits of digital transformation. Consequently, the appearance of the iPhone in 2007 and Instagram in 2010 was the direct cause of Kodak’s bankruptcy in 2012.  This case of Kodak is a typical example of how important it is to increase the efficiency of the remaining processes and operations. 

Here are all the reasons to transform your industrial shop with digital manufacturing technology:

Read more: https://magenest.com/en/digital-transformation-in-manufacturing/

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