With all the hype surrounding smart manufacturing, it’s easy to forget that implementing the technologies is really about running – and growing – the business. Though members of the C-suite may rarely interact directly with smart technologies, they are nonetheless vital to achieving the strategic objectives of the business, including improving customer service, achieving operational efficiencies, innovating for the future, reducing risk, meeting standards and regulations, and improving company management.
Meeting the first two objectives has always involved solving a host of vexing and enduring problems in the factory, including the need to meet, with relative ease, ever-expanding demands for increased agility, speed, predictability and quality.
Smart manufacturing technologies also are transforming other critical strategies and address other concerns that keep the C-suite up at night, including speeding innovation, reducinf risk, meeting standards and regulations, and improving leadership and manageent.
This means that factory capabilities are an even more critical component in delivering business value – and that’s where smart manufacturing makes the crucial difference.