Before the pandemic, manufacturers continuously strive to improve processes by scaling their digital transformation initiatives beyond the PoC stages. However, the beginning of 2020 brought unprecedented challenges due to which manufacturers switched their focus from optimizing their operations to resolving new challenges. These challenges include disrupted supply chains, skilled labour gap, implementing social distancing, unavailability of raw materials and essential product components, and execution of remote working.
To succeed in the new normal, manufacturers need to embrace technology such as Artificial Intelligence (AI), data analytics, and the Internet of Things (IoT). This not only helps in improving manufacturing processes but also in building resilience and agility for the post-pandemic landscape. Leveraging the trends and foundational technologies of Industry 4.0, manufacturers can focus more on remote capabilities, productivity gains, improved service levels, and better customer management to drive value to the business.