Top 3 Digital Transformation Trends In Manufacturing For 2020

From time to time, team members will share their views stimulated by a piece from an industry thought leader. Here, our Director of Paid Marketing, Kim Figor, discusses an article from Forbes by contributor, Daniel Newman “Top 3 Digital Transformation Trends In Manufacturing For 2020”

If I had to choose one buzzword that has been consistent over the past few years, it would probably be “digital transformation”. Why? This phrase seems to be consistent year over year. Yes, in the technology, but (arguably) in the companies who adopt these new technologies.

I found Newman’s article very interesting as without saying so, Newman did a fabulous job of contradicting a popular manufacturer stereotype of being late adopters. As Newman states “It’s the manufacturing companies themselves recognizing the massive impact of connecting one’s work and processes to the IoT.” Continue reading “Top 3 Digital Transformation Trends In Manufacturing For 2020”

Game On! US Manufacturing On The Rise

Manufacturing Factory

According to a recent study by Boston Consulting Group, the United States manufacturing sector has been making huge strides in the last 5 years to become more competitive in the global manufacturing space. According to this study, in 2004 manufacturing cost 14% less in China than in the United States. AS of January 2014, that gap had narrowed to 5%. The study also concluded that by 2018, manufacturing will cost less in the United States than in China.

While this is exceptional news for US manufacturers, it means that domestic competition is going to increase, and the already changing market is going to shift in the way it does business.

The Old World Is Passing – The New World is Dawning.

Whether we’re talking early supply chain manufacturers, or lower chain distributors, the landscape of manufacturing is changing. According to the 2013 Digital Use In The Industrial Sector report from … Continue reading