As the fourth industrial revolution (4IR) gains momentum, forward-looking organizations have successfully scaled advanced manufacturing solutions across their production networks and value chains.
According to McKinsey, these forerunners, or “lighthouses,” have the following things in common:
– They leverage 4IR technologies such as big data, IoT, Cobots, AR & VR, to usher in new levels of customer-centric value.
– They achieve growth and higher productivity rates with little to no capital expenditure.
– They fully embrace agile ways of working, allowing them to quickly scale 4IR technologies.
– They take a keen interest in workforce development, i.e., training, upskilling, and reskilling, to keep their workforces prepared for future jobs.
How is your organization re-imagining the future of advanced manufacturing?
