Thursday, April 8, 2010

IT Helps Manufacturing Companies Weather Economy

IT investments have given manufacturing companies the ability to respond quickly to the turbulent economic conditions over the last several years. Access to true data visibility allowed them to make quick decisions based on facts, rather than a ‘gut feel’. This has resulted in greater financial success for these companies and poised them for a smoother transition into a recovered economy.

A recent article by Emily-Sue Sloane on managingautomation.com details this success from a report from analyst firm IDC Manufacturing Insights. Vice President of Research, Bob Parker noted that, “Technology has changed the game for manufacturers in fundamental ways.” The article goes on to note that,

In the past decade, technology trends such as virtualization, ERP consolidation, and business intelligence/analytics contributed to business’ agility and helped to bring down the cost of IT as a percentage of revenue, from 3.7% at the end of the last decade to 2.3% now, on revenue that doubled over those 10 years. IDC anticipates a progression to other economical technologies, such as cloud computing, virtual ERP, and something IDC calls “socialytic applications”, a combination of collaboration technologies and analytical tools.”

IDC expects to see new strategies gain momentum, including strategic outsourcing, shared capacity, and collaborative innovation. IDC also anticipates that manufacturers will turn to more sophisticated sales & operations planning processes to better balance supply and demand.

Below are the top 10 predictions for Global Manufacturing:

#10: Armed with metrics, manufacturers will move from sustainability reporting to intelligence.

  • #9: Smart services and the need for persistent assets will create the inflection point for RFID, sensors, and M2M.

  • #8: Firms will create intelligent fulfillment capabilities networks.

  • #7: Manufacturing companies will see factory assets as part of a fulfillment capabilities network.

  • #6: Manufacturing companies will become more mature in their use of enterprise PLM applications.

  • #5: Manufacturers will look to better align innovation with business strategy.

  • #4: “Dynamic optimization” will dominate capability investment to support redefining the supply chain.

  • #3: Manufacturing companies will begin the process of fundamentally rethinking their supply chain structures, evolving from a fixed-cost-driven supply network to a variable-cost-driven value network.

  • #2: IT organizations will look for cost structures that are more variable as they assist in making technology a focal point of business strategies.

  • #1: Companies will transform business models to better meet the needs of increasingly demanding customers.

  • To read more about this topic click here.
  • 54 comments:

    1. This has resulted in greater financial success for these companies and poised them for a smoother transition into a recovered economy.
      ppe

      ReplyDelete
      Replies
      1. It's such a great resource that you are sharing and it's for free. I love seeing blog that understand the value of providing a quality resource for free like GBWhatsApp. It’s hard to find nowadays to know about the basics but you did it so much well. Keep up the good work

        Delete
    2. If the people desire to find their own effective moving companies then they should first check whether their preferred companies have good reputation.
      showboxdownloadsapp.com

      ReplyDelete
    3. We are hearing everyday about people who are struggling just to keep their head above water and with the cost of living going up and a number of other factors going on, it has become very difficult for a lot of people out there.
      best penny stocks to buy

      ReplyDelete
    4. Manufacturing companies will become more mature in their use of enterprise PLM applications.shadow boards

      ReplyDelete
    5. GBWhatsapp apk Download Latest Version 2018. Download Latest GB Whatsapp for Use 2 Whatsapp in One Mobile.  GBWhatsApp APK

      ReplyDelete
    6. Use dual account with GBwhatsapp Latest Application With free of cost. Gbwhatsapp Apk

      ReplyDelete
    7. Use Kodi App on your devices to download other streaming applications easily.

      ReplyDelete
    8. GBWhatsapp apk Download Latest Version 2018. Download Latest GB Whatsapp for Use 2 Whatsapp in One Mobile

      ReplyDelete
    9. Nice thanks for share, download latest VidMate

      ReplyDelete
    10. Gbwhatsapp is the best modded app of popular application nowadays. I am very confident to say you will like this app, because its have many features.

      Gbwhatsapp

      ReplyDelete
    11. Nice thanks for share, download latest Snaptube Apk

      ReplyDelete
    12. سواء كان ذلك لنقل أو تفكيك غرف المعيشة أو المطابخ وغرف النوم أو المنازل الخاصة أو الأجهزة الكهربائية ، فالكثير من الفنيين والعمال والنجارين والمهنيين ينقلون
      شركة نقل عفش
      شركة نقل عفش من الرياض الى الامارات

      شركة نقل اثاث من الرياض الى الامارات
      شركة نقل عفش بابها

      ReplyDelete
    13. We all know about the app GBWhatsApp which is the most popular among all mods of whatsapp. It is unofficial also but there is a lot of features in this app that made people crazy. Today with the new technology people want advance technology in modern era that’s why people attracted more with mods of apps then official. As we know that there are many mods of whatsapp available but GBWhatsApp is the best in all of these.for more Updates Visit Our GBWhatsApp APK

      ReplyDelete
    14. This comment has been removed by the author.

      ReplyDelete
    15. Click here to go to its official site. Click and download the setup file.
      Install the Bluestacks on your Windows 8 / Windows 7 operating system. ...
      You can search for the application from the search box which and can install it after downloading..apk files are downloaded and stored in subfolders under a location on your device called /data . By default, you do not have permissions to read from that location. In order to read/write in that location, you will need to root your device.
      https://dreamleaguemod.com/
      https://kickthebuddymod.com/
      https://realracing3mod.com/
      https://downnetflixmod.com/
      https://downpixelgun3d.xyz/
      https://kingdomrushhacks.xyz/
      https://shadowfight2mod.club/

      ReplyDelete
    16. You can search for the application from the search box which and can install it after downloading..apk files are downloaded and stored in subfolders under a location on your device called /data . By default, you do not have permissions to read from that location. In order to read/write in that location, you will need to root your device.
      https://shadowfight2mod.club/
      https://downfreefirehack.xyz/
      https://gangstarvegasmod.club/
      https://deadtrigger.mobi/
      https://tind-world.com/
      http://fmobihack.xyz/
      https://kmatsermod.com/
      https://driving-apps.com/

      ReplyDelete
    17. All The Interested Candidates Read The Notification of The Following Vacancy. Read and Check Are You Eligible For This Vacancy and Read The How to Apply The Online Form of This Job. Online Quran Classes For Kids.

      ReplyDelete
    18. إذا كان هناك نقص في فئة معينة في المستعمرة ، فإن النمل الأبيض يمكن أن يغير بالفعل وضعه الطبقي. بمعنى آخر ، يمكن أن يصبح اللحام عاملاً ، ويمكن للعامل أن يصبح عضوًا تناسليًا ، وهكذا.
      شركة مكافحة حشرات
      شركة مكافحة النمل الابيض بالرياض
      شركة مكافحة الصراصير بالرياض

      ReplyDelete
    19. Before you can install it on your phone you will need to make sure that third-party apps are allowed on your device.GBPlus.Org

      ReplyDelete
    20. Many people ask Gogoanime, legal or illegal. yes, it is totally legal. This site running legally. You can watch a whole range of anime series free. Everyone can enjoy watching with their family member. You can watch the latest gogoanime at gogoanimetoday.com.

      ReplyDelete
    21. Lottery sambad is the Indian lottery system. The important and main thing which attracts the people to invest in this lottery is the number of prizes and size of the lottery. There are many other lotteries in India but sambad is a very popular lottery among the Indian people.

      We can say that many Indians are fond of lottery games. Our team member daily updated the result of the lottery sambad on this site 3 times a day. So you can view results and download these results on daily basis. Lottery sambad results announce is 11:55 AM, 4:00 PM, and 8:00 AM.

      ReplyDelete



    22. Some of the most successful ABS-CBN programs from the 1990s up to the present
      bear his imprint — from “Showbiz Lingo”, “The Buzz”, lambingan - Watch your favorite Pinoy Tambayan, Pinoy Teleserye Replay, Pinoy
      TV Series and Pinoy TV Shows online for free! “Today With Kris”, “Game Ka Na Ba?”, “Mula
      Sa Puso”, “ASAP” and recent hits “May Bukas Pa”, “Tayong Dalawa”, “Walang Hanggan” and “Ang Probinsyano”.

      ReplyDelete
    23. All the Whatsminers are made with advanced Generation ASIC Bitcoin Miner technology to get high efficiency. It is the best and excellent minor for Peer coin (PPC), Bitcoin (BTC), Bitcoin Cash (PPC), Cure Coin (CURE), Unbreakable (UNB), eMark (DEK), Joule coin (XJO), Acoin (ACOI), Crown (CRW) and Terra coin (TRC). Click here for more info: Whatsminer M30S++

      ReplyDelete
    24. Welcome to merakibyFridaR we offer carefully printed shirts and tank top for people in various sizes and tones for New Year, Happy Christmas, and Valentine's Day. Our need is to give quality items to fulfill our clients.

      We have a huge number of plans in the line. Assuming you can't track down a particular plan here, message us and propose the plan, we will attempt to give you that particular plan.

      ReplyDelete
    25. Are you fond of collecting landscape images for your living room, drawing room, or any other place? We have this limited edition photograph that you can buy in high-quality material made of the Hahnemuhle photo rag. It is composed of lignin-free and acid-free material on 100 percent cotton in three sizes. Here is the product link: Limited Edition Fine Art Photograph

      ReplyDelete
    26. 14k gold filled dainty crescent moon stud earrings. These perfect minimalist stud earrings look great alone or mixed and matched with other cute studs if you have multiple piercings. To buy this product click here: Plain Hoop Earring

      ReplyDelete
    27. You can hang the multi-aperture frame in the baby's room. The letters "welcome to the world" are printed on the top side of the frame, and it will provide a customization option. You can add the baby's name on the bottom of the frame. Best of all, this frame will come along with a wall-hanging hanger kit and six amazing colors. The colors available are white, black, light grey, dark grey, oak, and pine. To buy this product tab the link hare: Baby Scan Multi Aperture Frame

      ReplyDelete
    28. Modernize your fabric stash today.
      These prints make perfect gifts for the up and coming generation of sewing enthusiasts. To buy this product tab the link hare: CITY LIGHTS FABRIC

      ReplyDelete
    29. Cute A5 daily desk planner notepad block with pretty daisy botanical floral design.

      Get organised with this pretty daily planner, it has 3 sections for creating a daily schedule, daily goals and extra space for notes.

      - A5 / 21 x 14.8 cm
      - 50 sheets
      - Glued at the top on grey board
      - Professionally printed on 90 gsm uncoated paper
      - Comes wrapped in a cellophane bag
      To buy this product tab th link hare: DAILY PLANNER PAD

      ReplyDelete
    30. Thank you so much for sharing this great blog.Very inspiring and helpful too.Hope you continue to share more of your ideas.I will definitely love to read. industrial infrared heaters

      ReplyDelete
    31. For horse lovers, there are necklaces and bracelets available in the jewelry. A horseshoe is attached to the bracelet and necklace as a charm or pendant. Both necklace and hand band are made of high-quality material that will long last. Other than that, a leg bag for horse riders is available on this website. Many zippered pouches are designed in the bag to keep the different things. Plus, an adjustable belt is sewed with the bag to tie with the leg.
      Personalized Photo Projection Necklace Gift for Horse Lovers

      ReplyDelete
    32. Yes,I agree with that. Currently,Thanks to the development of smartphone technology,everyone can do so much with a smartphone.you can even follow the person you want with the software, It is a great tool to spy on other people’s chats, call logs, and multimedia files without letting them know. you can visit here,if you need To spy on someone’s cell phone

      ReplyDelete
    33. If you are planning to set up a company in California, and you are facing tax problems. All you need to do is form a california llc. You can rest assured that I will provide you with a solution, you will be guided through the steps of setting up a limited company.

      ReplyDelete
    34. Welcome to our shop. Our company is making beautiful art design for home,offices,mosque etc. Digital art is more efficient and time saving. It is easier than physical art because when you can design your art, if you make a mistake then press undo,and your art starts again. We have amazing art design.click here:BABY FOOTPRINT ART

      ReplyDelete
    35. Welcome to our shop. Our company is making beautiful art design for home,offices,mosque etc. Digital art is more efficient and time saving. It is easier than physical art because when you can design your art, if you make a mistake then press undo,and your art starts again. We have amazing art design.click hereBABY FOOTPRINT ART

      ReplyDelete
    36. Notwithstanding its processing plants, it likewise works a developing filling station chain at Walmart Super-focuses and at certain different stations in the United States. Murphy Oil had more than $23 billion in income in 2010, making it more modest than a significant number of the bigger organizations in the business yet at the same time bigger than a considerable lot of its immediate rivals. mélybölcsős szállítás Europa-Road Kft

      ReplyDelete
    37. hey, welcome guys on this article stumble guys mod apk in this post we have shared the latest version stumble guys mod lots of unlocked features like emotes /diamonds/coins/skins stumble guys mod apk unlimited gems latest version

      ReplyDelete
    38. Stumble Guys Mod Apk is an extremely exciting and fun new take on the world of mobile gaming. Players can download and play this enjoyable game from the Google Play Store. The mod provides many fun challenges, such as, collecting all the power-ups, earning money, and more. Here are some basic Stumble Guys Mod features to give you a quick overview of what this exciting game has to offer stumble guys mod apk

      ReplyDelete
    39. If you want to find the heights or other information about a celebrity, here's the website celebrity heights for you.

      ReplyDelete

    40. I really appreciate this wonderful post that you have provided for us.
      I feel strongly that love and read more on this topic. I have spent a lot
      of my spare time reading your content. Thank you a lot.

      Click here to chceck my blog :: 오피사이트

      (freaky)

      ReplyDelete
    41. Thanks for the detailed info on this topic. It’s very hard to find nowadays to know about the basics but you did it so much well and I love GBWhatsApp . I would love to see more about it.

      ReplyDelete
    42. Thanks for the detailed article on this topic. I would like to see more such awesome articles from you. Download GBWhatsApp APK

      ReplyDelete
    43. I really enjoyed this blog, thanks for this information. Download FMWhatsApp APK

      ReplyDelete
    44. Even though I am here for the first time, I am very impressed with your post. Thanks for sharing. Also download COC MOD Apk.

      ReplyDelete