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Industry 4.0: The importance of an overarching digitalization strategy

From individual solutions to an integrated concept: How companies can implement the digital factory

 

When the term “Industry 4.0” was first mentioned in the early 2010s, a veritable hype ensued around concepts such as Big Data, artificial intelligence and the Internet of Things (IoT). Ten years later, Roland Berger's new study, "NextGen production", shows that German medium-sized companies still have a long way to go to achieve a fully digitalized factory. However, we are now on the verge of a factory revolution.

 

Many digital production use cases involving mid-sized German companies are tailored to individual tasks – they rarely follow a holistic, strategic approach. Moreover, around two out of three digitalization projects are only in the planning phase. This is the finding of the study "NextGen production: How to build a successful digital factory&qu


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29 Oct 2014
RESEARCH: Leading Company Procurement Organizations Generate Twice the Average Measurable Cost Reduction According to Global A.T. Kearney Study
 

Their success formula uses procurement as a catalyst to drive durable business performance through excellence in managing categories, suppliers and teamsLeading company procurement organizations reap double the measurable cost reduction versus other companies, while also driving competitive advantage through supplier-driven innovation and risk management. While procurement organizations for leading companies have continued their upward trajectory, most companies only sustained the gains they made between 2008 and 2011.

 
A.T. Kearney
A.T. Kearney
 
24 Mar 2014
TOPIC: Transportation Management Systems (TMS): Oracle Retains Overall Lead in Gartner Magic Quadrant
 

"During 2013, the TMS market was again led by Oracle (with its OTM offerings) and JDA Software, both of which continue to support some of the most complex TMS users, have broad, and deep TMSs, and have compelling visions for next-generation TMSs. Oracle continues to generate strong sales growth globally. It also continues to expand the depth and breadth of its application footprint. Moreover, Gartner finds Oracle a finalist in a high percentage ...

 
Paolo Leveghi
Applications Marketing Director, Oracle
 
13 Mar 2014
TOPIC: Solving the Reshoring Dilemma
 

It’s not news that manufacturing in the U.S. has become more attractive in the past few years. And, even though there is no torrent of renewed manufacturing activity moving the needle just yet, it’s clear that the reshoring movement is growing. At the very least, it should make U.S. companies think twice about where they will manufacture their products in the next few years.

 
Patrick Van den Bossche, Pramod Gupta, Hector Gutierrez, and Aakash Gupta
A.T. Kearney
 
28 Sep 2013
Creating seamless communication throughout the fashion supply chain
 
The fashion industry is fuelled by an international supply chain that stretches far beyond the runway or clothing store. Numerous stakeholders must communicate about sales, shipments, supplies and more. To help facilitate this collaboration, the European Commission offers eBIZ, an interface that enables the fashion industry’s 850 000 companies to integrate their operations and create Europe’s world-renowned clothing.
 
Enterprise & Industry Magazine
Enterprise & Industry Magazine
 
07 May 2012
The Global Sourcing of Innovation - Offshoring Research Network International Conference
 

The global sourcing of knowledge creation and innovation (e.g. advanced knowledge and analytical services, R&D support functions, product design and development and R&D) has been growing exponentially across almost every industry. This phenomenon has emerged as a strategic driver for companies and increasingly is attracting academic research by management, and international business scholars.

 
Federico Caniato
MIP - Politecnico di Milano
 


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Last update 5 May 2021
Manufacturing PMI at near-record high in April but sector still beset by supply-chain disruptions
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Erema: Gaining a competitive edge through preferential exports

Erema, an Austrian manufacturer of recycling systems, uses AEB software to accelerate the proper classification of its components, manage supplier’s declarations, and ensure compliance in its exports. Erema ship...

Digitalisation in Procurement and Supply CIPS and The University of Melbourne

The Chartered Institute of Procurement & Supply Australasia (CIPS) has been working with the University of Melbourne on a new paper about the digitilsation of supply chains, and how digital can increase efficiency...