Cambridge Business Association
The State of Digital Transformation in Manufacturing 2023
Report

The State of Digital Transformation in Manufacturing 2023

Studio ID
Supply Chain Dive, 2023
Get the Report

Read or listen offline

Amazon Kindle
audio autogenerado
  • 0.5×
  • 0.75×
  • 1×
  • 1.25×
  • 1.5×
  • 1.75×
1×
audio autogenerado

Editorial Rating

8

Qualities

  • Applicable
  • Eye Opening
  • Concrete Examples

Recommendation

As worker shortages reach crisis levels, the supply chains that manufacturers rely on have become slower and less reliable. According to this Studio ID report for Supply Chain Dive, manufacturers must become more efficient if they want to remain competitive. Digital transformation at the corporate and production levels offers companies opportunities to enhance their efficiency through automation and smart manufacturing technologies.

Summary

Manufacturers need a digital transformation strategy.

Digital transformation can improve many companies’ results. Among other concerns, the proper use of digital technologies can help manufacturers deal with chronic labor shortages. This is pressing: the National Association of Manufacturers reports that more than 75% of manufacturers have trouble hiring and keeping skilled workers.

Digital transformation can help companies address this issue on several levels. For example, automation and predictive analytics can help factories operate with fewer workers. In addition, digital technologies can accelerate sophisticated worker training, potentially qualifying new hires to perform tasks that ordinarily only experienced employees could perform.

Even adopting a single new technology can bring about a digital transformation, defined as an overarching strategic change...

About the Author

Studio ID, Industry Dive’s global content studio, offers expertise, first-party audience insights, an editorial approach to brand storytelling, targeted distribution capabilities, and a Return on Investment tool kit.

Comment on this summary