At the beginning of 2020, the global market for automotive parts and accessories had enjoyed several years of high margins and steady growth in a stable environment. It was valued at $390 billion, according to a report. Then the COVID pandemic hit, and the once recession-resistant industry took a massive knock. The disruption changed the … Read more
Data is a crucial component of digital transformation in the manufacturing sector. In fact, it lies at the foundation of every digital initiative. However, data in itself is not a value driver. It must be put to use for organizations to reap its true benefits. With vast amounts of information accessible at a single click, … Read more
When an organization implements an ERP system, the role of the executive decision-maker is critical in the way the project runs. If you have been involved with several ERP projects, you can tell a well-run project. There is a sense of excitement and optimism, people have a positive outlook about the new system, there is … Read more
When the COVID-19 pandemic hit, some of the challenges it posed to manufacturing and distribution were new. But, in truth, it’s more accurate to say that the pandemic exposed weaknesses that had existed years before the public health crisis exploded. I should know. I grew up in manufacturing. My family owned a manufacturing operation, so … Read more
Businesses today are required to deal with technological advancements occurring at a pace never experienced before. ERP systems continue to remain the epicenter of business systems. An ERP software system is often one of the most significant investments a company will have to make. Not only is it a major financial decision, but it’s also a practical … Read more
Firstly, I had to google if this International Programmers Day is honestly a thing and interestingly enough, I can now add a new byte of information to my development knowledge base. To quote Wikipedia: “The Day of the Programmer is an international professional day that is celebrated on the 256th (hexadecimal 100th, or the 28th) … Read more
There’s no doubt that the COVID pandemic has led to major changes in the way companies work. It has also emphasized how fragile supply chains really are. Manufacturers have realized that while they may aim to be stable, what they really need is to be agile. How rapidly can you adapt if something changes quickly … Read more
Manufacturers are shifting their focus from selling physical equipment to value-added services based on their equipment’s core capabilities. This trend has given rise to a new type of business model called Equipment-as-a-Service (EaaS). There are a lot of advantages for original equipment manufacturers (OEMs) who offer a service-based model. An important competitive advantage of offering … Read more
The pandemic not only spurred significant digital transformation but also accelerated the adoption of low-code and no-code software, driven by the urgency of the application challenges that organizations faced to address operational and customer needs, and which IT was unable to meet due to workloads. In 2021, the low-code/no-code movement is shifting the balance between … Read more
