Digital manufacturing can be considered a fully integrated approach to planning, scheduling, quality, cost management, material movement and shop floor control.
It allows manufacturers to leverage digital and advanced technologies to better communicate, analyze and use real-time information to meet cost, quality, production and other performance objectives.
As manufacturers advance through digital transformation, many first look to ERP providers to leverage new technologies like robotic process automation (RPA), machine learning, digital twins and others to more rapidly adapt to change and innovate for competitive advantages.
In the era of digital transformation, it’s essential that firms can access real-time customer behavior, which can illuminate changing patterns and be used by management to adjust supply chain responses in accordance with customer expectations.
With the digital technology available today, along with quicker access to real-time information, more precise demand tracking and monitoring can allow for appropriate and timely supply chain adjustments to better meet customer demands and lower inventory levels.
Real-time data access and transparency allow supply trading partners to gain decision insights, collaboration and analytics resulting in greater agility to respond to uncertainties and disruptions involving suppliers.
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