Attracting new and different talent , re-skilling , upskilling is critical . Workers need to be digitally and datasavvy . Repetitive tasks and decisions are being automated . New automation tools have transformed the jobs of supply chain analysts and procurement analysts to a more strategic instead of transactional role . Workers are now performing more strategic work assessing options and making trade-off decisions supported by analytics tools as opposed to performing simple transactions .
65 possible before — like the ability to proactively identify trends and deliver a completely different customer experience . Companies that can harness the power of automation and machine learning can leapfrog the competition . Big Data , in combination with advanced analytics , is enabling rapid learning and adjustments through rapid closed-loop solutions .
It is also changing the role of the workforce , and it requires different types of skills in the workforce .
What are the main differences between the manufacturing industry of today and the one ten years ago ?
The manufacturing industry of today is a lot different than it was ten years ago . Today , everything is a lot more connected , and with advances in analytics , there is the ability to optimise and adjust as things happen . The underlying principles have not changed — the physics of a factory and supply chain still apply , such as lean , flow , balance , rhythm and so on . Digitisation and automation supplement these principles , but they do not replace them .
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