Manufacturing businesses in the UK need to unlock the Big Data held in their systems if they are to transform their supply chains and remain competitive in a rapidly evolving industry. That’s the message from IT company K3 Syspro.
According to K3 Syspro’s managing director, Cathie Hall, manufacturers need to think about their own business processes and make the best use of the data running through their supply chains to make faster, better decisions. Only then, are they in a position to successfully introduce new strategies to servitise, and embrace new trends as the sector approaches Industry 4.0.
Hall said: “The biggest problems for many manufacturing businesses are making decisions, understanding costs and integrating their supply chains. During a time when the manufacturing industry is accelerating at a rapid pace, manufacturing companies need to get these three things right if they are to embrace future technologies and changes.”
She added: “The future of the industry, and trends like robotisation, servitization and the Internet Of Things all offer exciting prospects to manufacturers, and while they should be looking at these technologies now, manufacturing businesses need to make sure they are managing their supply chains effectively with the data available to them, first.”