Tag: Mark Wilson

Manufacturing and distribution are among the most data-intensive industries in the world. Data is collected at every stage of the life cycle, from raw material procurement to production, inventory management and delivery. It is no surprise that digital transformation has become essential for manufacturers and distributors.

As the hype around artificial intelligence (AI), and more particularly, Generative AI, continues to grow, manufacturers must assess the benefits of adopting this cutting-edge technology into their platforms and processes. Similar to the innovation in cloud technology, the closer AI is to a business’s processes, the more transformative it will be.

The agricultural sector is vital for the growth of our nation. Despite South Africa’s massive agricultural potential, we do not have enough local production to meet local demand, relying on importers to fill this gap.

As manufacturers seek to eliminate process inefficiencies and maximise profitability, they are adopting automation and turning to digital technologies that provide them cross-departmental visibility and control of their operations.

Increasing geopolitical tensions and supply chain shocks have pushed executives to adopt and implement digital solutions like Enterprise Resource Planning (ERP) technology to minimise disruptions and maintain business continuity.

For many enterprises, their siloed, traditional Supply Chain Management (SCM) systems are proving to be their downturn when trying to operate in unprecedented circumstances, preventing business continuity and resilience.

We have announced new research findings from our latest global research survey, ‘Realigning the links of the disconnected supply chain’, which explores the challenges and solutions to ongoing supply chain disruptions that manufacturers and distributors face today.

We have announced new research into the CFO 4.0, which reveals that the manufacturing CFO will play a critical strategic, innovative and financial role in the business moving forward.  The study, which was conducted in July to September 2021 and assessed the sentiment amongst senior level Chief Financial Officers within manufacturing sectors across the Americas, APAC and EMEA.

ERP systems require a certain level of planning and coordination to build and maintain. Unfortunately, many ERP projects ultimately fail as they are driven by short-term goals that have little relevance to the long-term success of an organisation.

The COVID-19 pandemic has brought on massive changes to the manufacturing industry, which has had to adapt to new operating models, an evolving consumer market, and disruptions in supply chain processes, all while keeping the workforce safe and healthy.