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The Covid-19 pandemic accelerated Industry 4.0 or the fourth industrial revolution. Manufacturing companies are transitioning from human to automated processes using digital technologies. They need an advanced ERP system like SAP B1 to support Industry 4.0.
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How SAP Business One is Getting Ready for Industry 4.0 www.praxisinfosolutions.com
Introduction • The Covid-19 pandemic accelerated Industry 4.0 or the fourth industrial revolution. Manufacturing companies are transitioning from human to automated processes using digital technologies. They need an advanced ERP system like SAP B1 to support Industry 4.0. How SAP Business One is Getting Ready for Industry 4.0
Impact of Industry 4.0 on Businesses • • Industry 4.0 is digitally transforming the manufacturing process. • • Uses technologies like Industrial IoT, Artificial Intelligence, Big Data & Analytics. • • Industry 4.0 improves manufacturing processes from material procurement to production. How SAP Business One is Getting Ready for Industry 4.0
Benefits of Industry 4.0 for Manufacturing Businesses • • Improvement in overall productivity and operational efficiency. • • Decreases the machine maintenance costs by 50% with data-enabled predictive maintenance and improves machine uptime. • • Enables automated production, and decreases product development time. • • Improvement in business revenues with enhanced product quality and innovations. • • Creation of automated smart factories that are cost-effective using the latest technology. How SAP Business One is Getting Ready for Industry 4.0
Features of SAP Business One and Industry 4.0 • • Manufacturing companies can gain total control over their business operations with SAP B1. • • No need for multiple solutions, saving costs and integration issues. • • Manufacturers can use purchase and supply chain management features. • • SAP B1 supports manufacturing across the entire customer lifecycle. • • SAP Business oneeffectively automates financial and accounting management eliminating human errors and improving profit margins. • • Manufacturers can manage and track their real-time warehouse inventory for cost-efficient production. • • They can generate customized real-time reports for taking informed decisions. How SAP Business One is Getting Ready for Industry 4.0
How does SAP B1 Help with Industry 4.0? • • SAP B1 Industry 4.0 can be implemented on-premises, cloud, or on a mobile phone. • • SAP B1 improves the business agility of manufacturing companies and enables adaptation to Industry 4.0. How SAP Business One is Getting Ready for Industry 4.0
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