Yet again, the discrete manufacturing industry is under pressure. With increased competition and a more demanding customer base forcing many manufacturers to look for new ways to increase their bottom line, it’s no surprise asset life extension is a popular topic.
A company’s innovative and competitive momentum can be slowed down when only a select few employees have a full view of the entire operation and when data resides on information islands that are not well known.
Common business tasks can be similarly delayed and unproductive when people need to enter or look up information in multiple systems. It’s very easy to forget something or make an error when you need to overcome hurdles to do your work. When customers or finances are impacted, mistakes can be costly.
Many people mistakenly believe that disruption is about technology and that you have to be a geeky entrepreneur to be successful in developing your business in the digital world. But disruption is about all but technology. It is a management discipline.