Digital transformation isn’t just a buzzword for today’s forward-looking manufacturers, it has now become a key element in building a sustainable, dependable, and cost-efficient business, crucial to meet the myriad of challenges that all manufacturers are facing and that have already manifested themselves in the form of Covid-19, supply chain challenges and economic strife.
For brands with a limited budget, the very concept of investing in new technologies can seem overwhelming. However, the reality is that the right tools will not only help companies to significantly reduce costs, but also act as a catalyst for a more agile and fit-for-purpose company ready to tackle any eventualities.
Many companies have already been exploring the benefits of cloud technology for a number of years now. Most began by storing more of their data in a flexible cloud ecosystem. Now, manufacturing is starting to see an industry-wide shift to move more processes and technologies online, as a way of cutting costs and boosting productivity.
Not only do
cloud solutions help to cut down on the maintenance costs of maintaining physical servers, they can have other major benefits too. For example, investing in communication and collaboration tools in the cloud, such as Microsoft Teams and Zoom, gives team members a more effective way to stay aligned even when working in a remote or hybrid setting.
Real-time GPS dataWhile fleet tracking technology isn’t a new concept to most companies, the solutions available to help businesses make the most of their vehicular resources are rapidly changing and are within the reach of small enterprises as a result. Today, companies can access a comprehensive
vehicle tracking device complete with real-time GPS data which uploads directly to the cloud.
This ensures that companies can monitor their assets when they are on the move. Not only do these tools give companies more visibility into their business operations, they can provide data to enable them to improve productivity, fuel efficiency, and the safety of their drivers.
Many manufacturing companies have also been concerned about the potential implications of artificial intelligence (AI), and how difficult it is to implement it into regular business processes. AI used to be considered as a solution for the largest brands with big budgets.
However, today,
AI tools can be leveraged in all aspects of a business, without spending a fortune. For example, companies can invest in intelligent bots to help them manage and filter through common customer queries and deliver better service. There are AI tools to help with monitoring important data throughout a business, so they can make better, data-driven decisions about their future. AI solutions can even act as virtual assistants to support team members.
In conclusion, even if a company begins to invest in new technologies in a small way with just a few basic changes to its technology stack, by spending the right amount of money and time on the correct solutions can have a hugely positive impact on a business. Moreover, with the right technology and digital tools at their disposal, manufacturers can benefit from improved productivity and reduced costs.