A year of challenge and opportunity in has driven many advanced manufacturing and mobility (AM&M) companies to conduct broad, strategic reviews of both their business and their portfolio. More still are embracing this moment to invest in digital technology that will allow them to react more quickly and compete more effectively in an uncertain market. With so many organizations emphasizing and investing in digital transformation right now, advanced manufacturing and mobility companies should be asking three key questions so they can properly allocate their resources.
Digital transformation can be a powerful force in helping companies navigate this shifting landscape
For example, in a production environment, clearer visibility into the supply chain allows decision-makers to identify problems sooner, either at the supplier’s home base or during the transit stage. A digital factory twin can use that data to quickly reorganize the production schedule based on planned material availability. That data can then be seamlessly transmitted to customers, empowering them to plan accordingly.