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Need to Know Latest Manufacturing Trends

The world is changing at warp speed. From automating the processes to creating a digital replica of a real-world system, manufacturers are witnessing a drastic transformation in the industry. Anyway, change is a constant and significant improvement in the business processes lead to better productivity and efficiency. In this slide share, we have meticulously described the advanced manufacturing trends. These trends focus on expanding security, transparency and increasing the speed of doing business. Read this blog for further details.

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Need to Know Latest Manufacturing Trends

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  1. Need to Know Latest Manufacturing Trends

  2. Trends ü The XaaS: Manufacturers evolve their business models ü Intelligent manufacturing: Connected intelligent systems make manufacturing smarter ü Manufacturing technology evolves: New technologies are revolutionizing manufacturing ü Businesses adapt to an evolving workforce: A new generation enters the workforce ü Living in the age of uncertainty: Uncertainty puts strain on businesses www.optiproerp.com

  3. The XaaS As cloud computing becomes more ubiquitous, anything as a Service (XaaS) business models are also becoming more popular. The principle behind XaaS is that businesses can provide better, more cost-effective solutions to customers via subscriptions or pay-as-you-go models than via traditional licensing models. www.optiproerp.com

  4. Intelligent manufacturing Intelligent manufacturing isn’t just about data; it’s about using data to make automated decisions, predictions, and real-time optimizations across the end-to-end value chain. This technology is being used to bring down labor costs, reduce product defects, shorten unplanned downtimes, improve transition times, and increase production speed—all while making manufacturing more flexible. www.optiproerp.com

  5. Manufacturing technology evolves We’re still in the early stages of digital twins, but the prospects are bright as businesses explore new uses for them. Product twins can enable an automotive manufacturer to maintain a digital twin of every car, which can help predict and solve maintenance issues. Process twins can be created to test the impact of operational changes. And environment twins can run tests to measure environment impact (on whatever the “environment” may be). Whatever the use, digital twins appear to open the door to faster testing, less waste, and better, safer products. www.optiproerp.com

  6. Businesses adapt to an evolving workforce With both generations, companies would be wise to institute formal programs that allow employees to harness their entrepreneurial tendencies for the good of the company—a concept known as intrapreneurship. Companies with intrapreneurial cultures enjoy higher levels of purpose-led management and employee engagement, traits that ultimately lead to creativity, employee loyalty, and innovation. www.optiproerp.com

  7. Living in the age of uncertainty Beyond manufacturing, privacy, and trade, there is a long list of policy areas currently being upended that are of great interest and concern to manufacturers. From immigration to labor policy, new legislation is impacting how businesses source and manage talent and has the capacity to impact businesses across the supply chain. Many industries are also being impacted by rollbacks in environmental policies, which can affect sourcing and operations. Some industries, like the technology industry, have been relatively unified in their objection to these environmental policy changes, while others, like utilities, remain divided. www.optiproerp.com

  8. Find out how OptiProERP can transform your business by emailing us at optiprosales@optiproerp.com or by requesting a product overview. Address: 7th Floor, Brilliant Platina, Plot No. 8, Scheme No. 78, Part-2, Behind Life Care Hospital, Indore, Madhya Pradesh 452010 Ph: +91 966 970 8275 Email id: optiprosales@optiproerp.com www.optiproerp.com

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