Smart Operations Separate ‘Thrivers’ from ‘Survivors’ in Manufacturing
Lean Manufacturing—or continuous improvement—has become a standard operating practice for manufacturers. Today, businesses are challenged to optimize their processes even further to meet the needs of demanding customers with a wide variety of products.
A study conducted by UPS suggests that manufacturers that aren’t nimble and responsive to changing market conditions will be eclipsed by manufacturers that use real-time data, automated processes, connected systems and emerging technology throughout their supply chains.
The gap is widening between Thrivers who are aggressively embracing these “smart operations” and Survivors who are falling further behind. Are you a Thriver or a Survivor?