Manufacturers eager to jumpstart growth opportunities are embracing digital strategies. New technologies offer exciting ways to leverage sensor data, engage with customers, and automate processes. New ways of looking at products, services and the complete value chain are transforming the way we think about manufacturing products and distributing them to the market. While the potential impact is promising, it can also be intimidating. Where do you start? How do you measure success? This checklist provides nine elements critical to a successful digital deployment, based on a timely report by R “Ray” Wang of Constellation Research.
Overall, the outlook for manufacturing is quite positive, fueled by the sentiment that the current political climate is a positive one for business. In the latest Manufacturers’ Outlook Survey from the National Association of Manufacturers (NAM), manufacturers’ optimism has risen substantially; almost 95% of respondents say they are positive about their own company’s outlook.
Download this paper to read more about these 9 most critical steps in your digital journey:
- Define a clear mission
- Invest in innovative thinkers
- Focus on business models first, technology second
- Move to data-driven decisions
- Focus on co-innovation and co-creation with partners
- Create cross functional teams to execute ideas
- Expand service offerings and customer engagement
- Enhance the supply chain and connected networks
- Keep equipment running
And, as always, ICCG can help. Schedule a complimentary consultation to review your questions.