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.
Leading figures in UK manufacturing recently met to discuss how to capitalise on the wealth of opportunities enabled by emerging technologies, and assess whether fears over automation, digitalisation, and artificial intelligence are justified.
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.
One of the most striking similarities between manufacturing and the high-octane world of Formula One is how both are trying to marry up the unstructured insights and ‘gut feelings’ of their respective experts with more structured telemetry and analytics.
'Black holes’ are a common supply chain problem, caused as much by disjointed systems as by lack of visibility into data, processes and workflows. That may not have been an issue historically, but in today’s fast-moving, demand-driven landscape, it could mean the difference between gaining market share and losing it.
A successful cloud adoption requires only a handful of key ingredients, addressing each of which mitigates much of the risk involved. Yet most cloud strategies are missing at least one of these factors, with many just paying lip service to the rest.
Modern manufacturers (and Formula 1 race teams) need real-time insights right where the action is. But how do you gain data-centre level compute power without the time involved with sending information to be analysed and the results returned?