There is a false assumption that manufacturers are struggling to get digital transformation projects off the ground. It’s not starting pilots that is causing headaches, however, it’s scaling the most valuable ones. Here’s how to keep that from happening in your business.
Global competition, shifting customer demands and a surge in digitalisation are just some of the trends changing the face of modern manufacturing. To keep up with this change of pace, many manufacturers are now starting out on their own digital transformation journeys. While there is no magic formula, there are some common stumbling blocks, which can be avoided.
Dr Paul Stead of Brewery Group is not just a regular columnist in The Manufacturer magazine. Paul has also helped some of the biggest names in global manufacturing design not just better products but the business processes that shape them. Now he wants to do the same for UK manufacturers.
During the course of the National Manufacturing Conference in February, the organisers EEF announced a change of name, a change of brand and a more sharply defined mission that will make them more attuned to the needs of the modern age of digital manufacturing. And thus the venerable 100 year-old organisation became Make UK.
Executives in the UK industrial sector start 2019 facing a messy Brexit process. They have the difficult task of sustaining profitability while preparing contingency plans for potential supply chain disruption, inflation, further currency fluctuations and tariffs. However, in a challenging business environment, it’s all the more important to focus on an effective pricing strategy.