Why low manufacturing productivity rates could be crippling your operations – and how technology and upgraded ERP platforms are helping your competitors to boost theirs.
Infographic how productive are your manufacturing competitors -2
1. HOW PRODUCTIVE ARE
YOUR MANUFACTURING
COMPETITORS?
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Many manufacturers are raising their productivity
rates by deploying technology on the factory floor
and upgrading their ERP platforms – your
competitors may have already done so.
TOOLS OF THE TECH TRADE
Automation
Those using advanced technologies and processes are more
likely to forecast:
AFTER ALL
71%
of manufacturers say their
automation goal is to improve
business efficiency.
3D Printing
69%
of manufacturers are already
using 3D printing to increase
productivity.
Connectivity
80%
AND IT’S WORKING:
of those who have
adopted automation say
their investment met
its defined objectives,
bang on schedule.
96%
of manufacturers say
improved factory connectivity
is increasing output levels.
NEXT GEN ERP
80%of manufacturers say their
automation goal is to
improve business efficiency.
Forward-thinking manufacturers are upgrading their ERP
platforms to support the new technology rollouts – and
are allocating ICT spend accordingly:
reduction in design and
snagging delays expe-
rienced by a major UK
OEM once its
specifications process
was digitised.
93%
stated that their No.1 ICT
expenditure over the past 12
months was on ERP.
of manufacturers say that ERP
is their most important ICT
expenditure for the future.
PROOF POSITIVE
The automotive sector in UK has already realised the huge
potential for raising manufacturing productivity rates
15-25%reduction in plant maintenance costs.
20-35%reduction in machine downtime
These boosts are not only
benefiting car makers –
but the UK as a whole:
3-5%increase in manufacturing
productivity overall.
£74 BILLION
total economic benefit to
the car industry, suppliers,
and overall economy by
2035.
Improve productivity with by automating
your business processes – read expert
guidance and access our action checklists
The Fundamentals
of Productivity – A
Manual for Growing
Your Manufacturing
Business
Download now
sand
THE FUNDAMENTALS
OF PRODUCTIVITY
A Manual for Growing Your Manufacturing Business
NOW ENVISAGE THE ECONOMIC BENEFIT IF
APPLIED ACROSS ALL UK MANUFACTURING –
AND CRITICALLY, TO YOUR OWN OPERATIONS.
Upgrade your existing
ERP system to make sure
it is ready to take on the
demands of new processes
and technology.
Examine how other
sectors are using technology
to transform their operations
– and how the lessons
they have learned can
influence your own
deployment strategy.
Don’t pull up the
drawbridge; to effectively
operate in a post-Brexit
world, your productivity
levels must be high
and will require proper
investment.
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TAKEAWAYS
42% 78%
in revenue gains.
30%
in cost reductions.
30%