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Industry 4.0 was Delayed, not Cancelled, by the Pandemic

Enterra Insights

” If manufacturers didn’t believe that truism before, they certainly believe now it — thanks to 2020. ” If manufacturers didn’t believe that truism before, they certainly believe now it — thanks to 2020. “Pilots were fruitful enough to convince manufacturers about the importance of data. .

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Artificial Intelligence Enhances the Evolution of the Internet of Things

Enterra Insights

Business consultant and AI expert Louis Columbus ( @LouisColumbus ) explains, “The key to getting more value from industrial internet of things (IIoT) and IoT platforms is getting AI and machine learning (ML) workloads right.”[2] ” And Columbus believes the AIoT will develop quickly. ” Concluding Thoughts.

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Digital Transformation Helps with Corporate Alignment

Enterra Insights

.” Nevertheless, they note, “An organization has a far better chance at succeeding when its operating model — or how the organization creates value — is aligned to its strategy.” For example, manufacturing may be tasked to fill all orders which requires having inventory on-hand in distribution centers.

Columbus 100
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Study Shows Two-Thirds of Companies Yet to Execute Digital Transformation in Supply Chain Planning

ToolsGroup

New survey finds that most companies are still formulating and gaining support for a digital strategy, with fear of change and data challenges as leading roadblocks. . And there’s no time to lose–the time is now to execute on a strategy before opportunity and competitive advantage is lost.”. PRESS RELEASE. BOSTON, Mass.

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Artificial Intelligence and Omnichannel Operations

Enterra Insights

An omnichannel strategy creates and executes a seamless shopping experience across mobile, online, and brick-and-mortar stores. Retailers with omnichannel strategies have a 91 percent greater annual customer retention rate, according to V12. Inventory Optimization. Omnichannel and artificial intelligence. Concluding thoughts.

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Trends Shaping Industry 4.0

Enterra Insights

We live in the Digital Age and most business consultants insist businesses, including manufacturers, need to transform into digital enterprises in order succeed. ” Additive Manufacturing (aka 3D Printing). Additive manufacturing is no longer a novelty. One of the benefits of additive manufacturing is that new forms (i.e.,

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People, Processes, and Technology All Required for Supply Chain Transformation

Enterra Insights

Meyerson adds, “Companies adopting an intelligent operations strategy to manage their supply chains will be in the best position to succeed in the future — if they have the right talent.” Louis Columbus ( @LouisColumbus ) goes so far as to insist, “Analytics will revolutionize supply chains in 2018.”[7]