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Next steps for digital transformation for manufacturers

Control Engineering

Data management is therefore a fundamental requirement and the next step on the digital transformation journey of many companies is to put in place technologies that enable data to be collected from multiple sources, visualized and analyzed, to create actionable insights.”. Benedikt Rauscher, head of global IoT projects and Industry 4.0

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What is supply chain?

Fastener News Desk

There are five areas where supply chain vulnerabilities most often show up : planning and supplier networks transportation and logistics systems financial resiliency product complexity organizational maturity McKinsey research suggests that supply chain disruptions lasting one month or longer now occur every 3.7 years, on average.

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Top Legal Issues Facing the Manufacturing Sector in 2023

Foley

Companies that may be concerned about the viability or performance of a supplier should consider seeking licenses or other rights that would enable to obtain vital components from another source if the supplier does not meet its obligations. Back to the Table of Contents Cybersecurity Threats in the Manufacturing Industry AUTHORS Aaron K.