The need for manufacturing organizations to modernize their digital computing environment requires business and technology investments that innovate and streamline distribution and supply chain processes. Providing products and experiences that meet customers’ needs is the most impactful revenue driver possible for wholesale, distribution channels and retailers. Optimizing supply chain and supplier relationships can enable a more efficient and cost-effective manufacturing processes that is digitally effective and provides the most sustainable efforts to support environmental social governance (ESG). Ventana Research has identified three key technology trends every manufacturing organization should address to unify its customer and product processes across the supply chain and digital commerce experiences through its applications.
The manufacturing industry is continuously challenged by supply chain and demand indicators that impact the revenue pressures and resilience every business desires. Gaining confidence in the continuity of manufacturing processes requires that business trends and requirements for successful outcomes be considered and acted upon. For manufacturing organizations, a steady focus on digital innovation that moves beyond transformation to modernization is necessary to meet customer and demand chain requirements. Ventana Research has identified three key business trends every manufacturing organization should address to achieve excellence in business processes and workforce readiness with products and suppliers.