Will AI Revolutionize Manufacturing?

Smart industry robot arms for digital factory production technology showing automation manufacturing process of the Industry 4.0 or 4th industrial revolution and IOT software to control operation. Photo by istockphoto/NanoStockk

By John Davis
CTO, Global Shop Solutions

Few technologies have changed the manufacturing industry as much as ERP software. From automated scheduling to precision inventory management, automated purchasing, real-time job costing and more, ERP simplifies production processes so manufacturers can work faster and more efficiently while delivering a quality product on time every time. The next transformative technology is artificial intelligence (AI) and machine learning (ML) and both are already having a significant impact on our industry by changing the way manufacturers collect, process and analyze data.

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Modern ERP Launchpad for Growth

By Lisa Anderson

If you don’t have a modern enterprise resource planning (ERP) system, your growth prospects will be limited in comparison to your competition. It didn’t use to be as important; however, according to KPMG, for the majority of US CEOs, the pandemic has meant an acceleration of digital transformation by months or even years. Although there are several technologies considered a priority, modernizing and upgrading ERP is a cornerstone launchpad for growth. Clients and colleagues are seeing the critical importance of not only having a central database for performing business transactions but also one that enables a superior customer experience.

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Manufacturers Trending to Digital

Lisa AndersonBy Lisa Anderson

According to the Hackett Group, 77 percent of companies have strengthened their commitments to digital transformation because of the COVID-19 crisis. In fact, not only are the commitments strengthening but also the pace of adoption is increasing. A McKinsey survey found the pandemic has significantly accelerated the pace of adoption of digital transformation technologies. Clients and colleagues are seeing the critical importance of using technology for a win-win-win, creating a safe working environment that is efficient, cost-effective, resilient and responsive to customer needs.

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