Industry 4.0 (or the fourth industrial revolution) is the name given to the current trend towards increased automation and data exchange in industrial manufacturing technologies. It can help businesses run faster, with greater flexibility and more efficient processes, producing higher quality, lower cost goods as a result.
However, such an outcome is not guaranteed. Companies need to understand how industry 4.0 will change their business and prepare accordingly. The desire for speed, agility and responsiveness needs to be accompanied by a commitment to keeping costs down and improving cashflow. Our operational transformation teams can help you prepare for this test of your operational effectiveness by mapping out the full implications of industry 4.0 for your business. This will consider everything from your digital operations strategy, procurement activities and supply chain management, through to business process automation, outsourcing and shared services.