Be a part of the next industrial revolution industry 4.0

Posted by Stephen Whitehouse on 15 Dec


Enterprise resource planning, or ERP, is transforming the way we do business. It’s the processes housed in one system that organisations use to manage and integrate different parts of their operations. As such, this innovative software is helping businesses move into and embed ‘Industry 4.0’. 
If you're looking for innovative ways to streamline your business, here are some reasons why ERP solutions might be the best choice. 

But first, what is industry 4.0? 

Industry 4.0, also known as the fourth industrial revolution, has been named so because of the changes that are occurring across industry in the 21st century. Now becoming more and more automated, inefficient or more traditional manufacturing processes are being replaced by smart and modern technologies. 
This industry change is about more than just investing in new technology - it’s about changing the way your business operates, using technology powered by the Industrial Internet of Things, commonly referred to as the IIoT. The IIoT is the term used to describe interconnected networks, machinery and sensors that are automated and work together. 
A technological revolution is taking place quickly and organisations need to adapt to ensure they are ready for the changes that are impacting them as a result of industry 4.0.

The benefits of embracing digitalisation 

Although ERP systems will help businesses take part in the next industrial revolution, there are many different reasons why you should embrace digitalisation: 
Cost reduction: ERP management software solutions are a long term investment, reducing costs by optimising inventory management, lowering machine downtime and helping you achieve greater levels of energy-efficiency 
Reduced lead time: faster and more effective monitoring of supply chains and manufacturing process cycles result in the ability to forward plan to avoid lengthy waiting or delivery times 
Predictive analytics: Industry 4.0 allows you to integrate your manufacturing equipment, setting up live data feeds to put it online, digitalising its performance data via a digital twin so you can predict and analyse potential issues before they arise. Supporting you in planning preventative measures and repairs so you can take action as soon as a potential problem is identified 
Better customer service: ERP systems with in-built CRM functionality, provide you with greater access to customer information, speed up your response times and accuracy during the ordering process 
Lower inventory costs: ERP systems can determine how much stock is needed and when, suggesting order proposals which  help you to order the inventory you actually require and minimise waste. This means that you can avoid having too much inventory and optimise your supply chain so you don’t end up with  too little 
Better security: ERP can now be provided as a  cloud-based, hosted or on-premise technology , offering a whole range of benefits with regard to state-of-the-art security measures, ensuring that your business is secure from cyber threats and data loss 
Governance, risk and compliance: Some ERP systems, such as WinMan, have the capacity to build in a full governance structure, ensuring you remain compliant with all of the appropriate standards you need to meet 
Sales management: ERP systems allow you to generate quotes, creating complex sales opportunities and also give you access to sales reports, so you can monitor trends and adjust future plans accordingly 

Be a part of industry 4.0 today 

With the ever-growing advancement of technology, you need to do everything you can keep up to date. With ERP software solutions, the manufacturing industry has been streamlining operations, saving money and valuable time, by staying in tune with the fast-moving industry needs.

Industry 4.0 is revolutionising manufacturing businesses, to learn more about how WinMan can help you achieve your journey to industrial digitalisation, 
get in touch with the team today 

Contact us now

Topics: Productivity

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