Electronic Data Interchange (EDI) provides trading partners with automatic, standardised business document exchange. To process documents, the data needs to be converted to and from different EDI formats, very often modified to partners business needs.
Manufacturing is adopting and adapting to new technology, but sometimes businesses can end up chasing their tail in proving the business case for the latest kit. Utilising the cloud and edge computing can maximise a manufacturer's data, operations and productivity, but the element of risk still weighs on decision-makers minds.
Undoubtedly, the manufacturing sector is facing change and uncertainty, but it’s also seeking to take control of its own destiny. A new report from Sage, ‘Riding the wave of uncertainty: how process manufacturers are planning for a brighter future,’ discusses the issues, and offers several reasons to be hopeful for the future.
There has been an increased emphasis on digitalisation within manufacturing. While some may see this as a means of reducing cost, Simon-Kucher believe the bigger profit opportunities will come from focusing on the topline (revenue side of the profit equation).