Challenges for Manufacturing Industry
Manufacturing companies are often burdened with the need for a highly-skilled workforce. As the baby boomer generation is entering the retirement stage, it is creating a great labor shortage in the manufacturing industry. At the same time, manufacturing businesses are also finding it difficult to improve their ROI due to the unpredictable economic conditions and changing consumer behaviors. On the other hand, manufacturers are also troubled with finding effective ways to reduce costs and enhance employee and business efficiency. Then there are problems with streamlining the supply chain process and its elements, such as delivery schedules, safety stock levels, logistics expenses, etc. On top of that, technical failures in the manufacturing process can completely disrupt their delivery schedules.
Harnessing the Emerging Technologies
Going the digital transformation route can help players in the manufacturing industry in multiple ways. For instance, Robotic Process Automation (RPA) and ML tools can be configured to perform repetitive day-to-day tasks as well as handle complicated processes that would have otherwise required specifically trained workers. Likewise, technologies like IoT and Blockchain can help to streamline supply chain parameters and deal with the complexities involved in the process. AI and simulation technology can also help manufacturers foresee possible errors in the processes and fix product flaws dynamically to serve their customers better. Meanwhile, Advanced Analytics can help manufacturing businesses to keep an eye on the changing market trends, make the delivery schedules more efficient, as well as predict future failures and schedule precautionary maintenance as needed.
What We Do
10xDS aims to help manufacturing companies find the right technology solutions for overcoming their challenges. Our goal is to guide manufacturers in adopting emerging technologies to meet their customer and stakeholder expectations as well as gain better ROI. We also ensure that manufacturing companies can move ahead with their digital transformation strategies without disrupting the existing processes so that it facilitates their seamless transition to Industry 4.0 complying with the digital industrial revolution. 10xDS also provides cybersecurity solutions powered by AI and ML to thwart mischievous cyber attacks into manufacturing industry systems and ensure that all the data and information of the company remains well protected behind robust firewalls.