The digital enterprise is more than just hype. It's a collection of technologies that are set to transform, not just organizations, but especially the supply chain. From the Internet of Things, cloud computing and big data analytics, to intelligent equipment and collaboration platforms, the capabilities of the digital enterprise are remaking the way that electronics OEMs are designing, building, and transporting products.
“Digital reduced costs by replacing labor-intensive activity with software-supported activity either through full automation or through improving the productivity of individual workers in their jobs,” said McKinsey director Paul Willmott in video remarks on this topic.
Of course, there are inherent challenges to this emerging digital age. Willmott points to three:
- Deciding who has the role and responsibility of the digital footprint of the organization. It might be the IT department, or perhaps a chief digital officer. However, there has to be support at the top.
- Figuring out how to compete with organizations that have digital processes in their DNA. Organizations that are “born digital” have speed and agility that is unmatched, and can innovate quickly. Organizations saddled with legacy systems can't always keep up.
- Supporting and building digital skills across the enterprise. Once the bailiwick of marketing and sales, digital expertise is now critical for operations, logistics and supply chain as well. To succeed, organizations need to find and attract individuals with this type of talent.
Particular in the manufacturing sector, organizations must strive to make sense of these challenges and capitalize on these trends in order to thrive. Contract manufacturer Jabil created the infographic below to illustrate some of the biggest opportunities and strategies for this new age.
Take a look and then let us know how your organization is evolving to become part of the digital enterprise environment in the comments section below.
— Hailey Lynne McKeefry, Editor in Chief, EBN