DIGITAL MANUFACTURING offering manufacturers more adaptive and predictive insights to optimise performance.
Q. DO YOU SEE AI ALTERING THE COMPETITIVE DYNAMICS OF GLOBAL MANUFACTURING AND SUPPLY CHAINS?
ยป Absolutely, AI is already reshaping the competitive landscape of global manufacturing and supply chains.
Manufacturers that embrace AI can see up to a 10 % improvement in raw material and process efficiency.
Moreover, AI can extend product life by 15-20 %, creating significant value through digital revenue streams and servitisation.
This shift not only enhances operational efficiency but also opens up new business models focused on product-as-a-service, allowing manufacturers to derive ongoing value from their products long after they leave the factory floor.
The result is a more agile, efficient and sustainable global manufacturing ecosystem.
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