The manufacturing industry is undergoing significant transformation drive by consumers, connected experience, changing demographics, and globalization amongst other things. With the clear shift of power towards consumers, the industry is continually looking at ways to engage not just with customers but across the entire value chain and develop agility to handle ever-shifting business needs.
Take for example Kuka, a manufacturer of automation robots for the automotive industry. One of the biggest challenges they faced was the coordination of the materials required. From design, bills of materials, request for quote to procurement. All areas improved in the daily operations to free up cash-flow which allowed them to focus on what was important in their industry.
