The UK manufacturing sector can be ranked in a scale of increasingly progressive groups of companies. Some who understand the ability for current macro technology trends to support business growth and innovation, and those who are happy to maintain the status quo. Those in the first camp will continually embrace technology change and develop robust strategies that fuel growth. Those in the latter camp risk stagnation and extreme competitive pressure.
With slowing growth in Europe and China, a strong Pound and additional outlay in the living wage, there are numerous external forces which are beyond the control of management which impact business performance. Increased focus must therefore be placed on building strength in areas that can boost productivity and thrive in this competitive environment.
In this whitepaper, we explore three key technology areas where UK manufacturers should focus their efforts in order to succeed and grow in today’s complex global environment and future-proof operations, these include:
- Using technology to better manage R&D spend
- Improving visibility through integrated planning
- Enhancing customer service through better use of data
The potential for embracing new technology in this era is staggering. By harnessing the power of macro-level IT innovations such as cloud, big data, mobile and social it is possible to revolutionise even the most established of manufacturing ERP and LPM manufacturing processes and become ‘future ready’.
Download your free copy of ‘Manufacturing: Getting Future Ready’ today.