Top 5 Digital Transformation Trends In Manufacturing

Today, these advanced algorithms are transforming the way the manufacturing industry collects information, performs skilled labor, and predicts consumer behavior. Smart factories with integrated IT systems provide relevant data to both sides of the supply chain more easily, increasing production capacity by 20%. Robots and other automated technology are also integral in improving speed and efficiency, allowing manufacturing companies to "optimize production workflows, inventory, Work in Progress, and value chain decisions." With this new level of predictive accuracy comes an improvement in condition monitoring processes, providing manufacturers "with the scale to manage Overall Equipment Effectiveness (OEE) at the plant level increasing OEE performance from 65% to 85%."