How Manufacturing Company Can Win Competition Using Our Technology?
by Intellinet Apr 11, 2018
Today we live in an era of technology which has touched each and every sphere with manufacturing industry not an exception. The Manufacturing industry is in the midst of technological renaissance which has transformed the look, system and processes that are involved. By embracing these technological changes, the industries have been successful in improving productivity, competing against rivals, and maintaining an edge with customers who have been tremendously benefited through innovation.
Several decades back the manufacturing companies adopted software and tools to make their internal processes fast and efficient. Few examples include: use of CAD by engineers, desktop publishing and graphics programs by writers and designers, and accounting software by bookkeepers, etc.
With such a sort of advancement the customer expectations have also increased manifolds pressurizing the companies even more. The companies feel pressure not only from the peers but also from the customer base who want greater support, ease and improved service.
Today websites are open and operate 24*7 so that customers can access product information any time. There are video tutorials and written matter explaining the various dimensions of the product from technical specifications to operating instructions. Thus the customers now-a-days expect higher standard and due to this expectation from customer side the companies are also investing profusely into ecommerce technology.
Electronic parts catalog has driven this revolution further digitalizing the parts catalog usage making the use of manual catalog a history. No one wants to spend hours turning the pages and searching for the right parts or telephoning for hours to order the right parts. Also downtime costs thousands a day so no one can wait weeks for repairs. The use of illustrated parts catalog software has solved all these problems related to spare parts. Now dealers can easily search and order the requisite parts, repair and return process were never as easy as now they are. Database publishing has reduced the printing, reprinting and storage costs of the manual catalogs.
Technology is that which makes us work smarter rather than work harder. Digitalization of manual catalogs has proved to be the game changer for OEMs. The parts and products are sold online through modernized distribution channels. Database publishing in the form of electronic parts catalog has revolutionized the spare parts management. Intellinet catalog systems provides one stop solution related to spare parts to the OEMs and dealers.
However the use of digital manufacturing capabilities has still not been fully utilized. A survey showed that 80% of manufacturing executives know that digitizing their enterprises is a critical driver to stay competitive but only 37% have a strategy in place, and only 13% of organizations have digital manufacturing capabilities as in today. Thus it is clear that there is a huge opportunity for the companies to embrace technology further and get a competitive edge over rivals.
As these numbers show, there is a huge opportunity for companies who embrace technology and get a comprehensive strategy in place as soon as possible. Those that do will be the industry leaders in the coming decade.