Manufacturing worldwide is undergoing dramatic changes, as the industry continues to pivot away from manual ways of working to a digitally focused one. And no one is caught in more of a bind because of it than manufacturing CIOs.
What are manufacturing CIOs’ greatest challenges — and greatest opportunities — in the coming year? The IQMS Manufacturing blog post, “Top 10 Predictions for Manufacturing CIOs In 2019,” offers plenty of insight and advice.
Expectations for the Modern Manufacturing CIO
The post starts off by pinpointing manufacturing CIOs’ single greatest challenge in 2019: “Manufacturing CIOs are now expected to be business strategists first, technical experts second as many are expected increase IT’s contributions to growth.”
What does that mean in practice? An IQMS survey of CIOs and senior manufacturing executives provides one example: “CIOs and their teams who are the most adept at integrating analytics, Business Intelligence (BI), real-time monitoring, and quality management are growing on average 10% faster than their peers.”
2019 Insight: “CIOs and their teams who are the most adept at integrating analytics, Business Intelligence (BI), real-time monitoring, and quality management are growing on average 10% faster than their peers.”
In addition, the survey found, “CIOs who can create a unified data model and power it using IoT platforms will grow the fastest and have the greatest time-to-market advantage with new products compared to peers.”
Real-time monitoring will take center stage in 2019. According to the survey, “81% of manufacturers say real-time monitoring is improving their business. 72% of manufacturers say real-time monitoring is essential for streamlining and making inventory reconciliation more efficient.”
2019 Insight: "72% of manufacturers say real-time monitoring is essential for streamlining and making inventory reconciliation more efficient.”
Digital Transformation in Manufacturing
This year, the blog says, manufacturing CIOs are going to invest more in streamlining their audits and inspections and strengthening their management and compliance systems. They’re doing that to improve product quality, which is perhaps the single most important way to increase growth. The blog points to the survey which found that 92 percent of manufacturers says product quality was the most important way to forge closer connections with customers.
In fact, the blog says, improving product quality is the primary reason manufacturers need to undergo digital transformation. It warns that “Digital transformation is overhyped and the latest veneer many companies and software vendors put on products in an attempt to make them look new.” However, it says, there are good reasons for focusing on digital transformation, as long as the goals are on target. It concludes, “Knowing customer quality goals and measuring progress against them has to be the cornerstone of any digital transformation strategy if it is going to succeed.”
Manufacturing Case Study: Manufacturing Goes Digital in 2019
Sleep products manufacturer GBS Enterprises moved from paper forms to a mobile warranty furniture claims app to dramatically improve warranty tracking, dispatch efficiency and customer satisfaction. Read the Case Study
The Best Platform to Help Manufacturing CIOs Achieve their Goals in 2019
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