Companies in our industry are more conscious everyday about their need to digitally transform. However, they are facing the challenge of how it is to be adopted in their organization.
Article by Juan José Colás, Chief sales and Marketing Officer
The same questions are present: Is my company ready and sufficiently mature to make the necessary changes for digital transformation? What are the initial barriers and challenges we will face? Will we access quality data and will these data allow us to identify patterns that lead to better decision-making?
According to a report from Forbes Insights and consulting firm Ernst & Young, based on feedback from 1,500 executives from large corporations worldwide, 66% of companies with a well-defined analytics strategy improve their operation margins and profits by more than 15%.
Regardless of the degree of digitalization of a plant, it is imperative to have data on each of its processes to have a clear vision that enables better decision-making.
For the data to be useful, it will be necessary to count on a well-defined selection criterion and quality data. Data Analytics will then be critical to enable future-looking decision-making processes.
In this process, aided by specific software and other technology tools, management will be able to make the best decisions at all times in terms of production schedules, maintenance, processes, inventory management, and prevention of potential scenarios that could delay production and hence correct these issues.
There is no excuse for our industry, and every company in it, not to adopt the digital transformation and take a step forward.
Total control and efficient production management is the key to success, especially for a service company., Noyon co-owner Szymon Penczek explains in this artice how the implementation of the Lantek system has improved the quality of the company’s production processes.
The industrial sector is the powerhouse behind a country’s growth due to its ability to enhance the competitiveness and internationalization of an economy. The driving effect that it has over other activities, the quality of the work that it generates, the constant innovation and the speed and flexibility with which it adapts to different situations make the industrial business fabric a vector for the progress and well-being of a society.
Hundreds of visitors spoke with experts at our booth and attended numerous speaking sessions about streamlining manufacturing operations by creating a digital thread between CAD/CAM, MES, ERP, and analytical systems with Lantek solutions.