Industry 4.0 for Consumer Products Industry Part 1
An industry Ripe for Disruption
But this long run of sustained growth has come to an end. So what is driving the change?
Today, Consumer Products Manufacturers need to be able to respond to volatile demand, uncertain supply, and constrained capacity. But as we look beyond the recent Covid-19 pandemic, CPG companies must also be able to respond to demanding consumers that will look for individualized and sustainable products.
If anything, this volatility has strongly highlighted the need for Digital Transformation and Industry 4.0.
The Consumer Products company needs an agile and resilient supply chain and manufacturing processes to help manage and mitigate supply chain disruptions in the tough times and maximize business opportunities in the good times.
It´s all about opportunity: SAP’s Strategy for Industry 4.0 is “Industry 4.Now”
This is about opportunity, not just urgency. It’s about committing your organization to a
new way of working that positions you to lead. And that’s where SAP can help.
We can work with you to move digitalization and Industry 4.0 from factory-focused
initiatives to a companywide, competition-beating business strategy.
SAP’s Industry 4.0 approach addresses three business priorities with a leading strategy:
Move digitalization and Industry 4.0 from factory-focused initiatives to a companywide,
competition-beating business strategy. Combine manufacturing automation with
enterprise business execution.
SAP wants to help enable CPG customers to drive Industry 4.0 initiatives where value can be achieved soon. 4 scenarios to provide flexibility to start:
- Intelligent Product
Manage the complexity of individualized products through flexible and seamless engineering and manufacturing processes
- Intelligent Factory
Automated manufacturing, leveraging smart machines, and real time data to run autonomous and fast
- Intelligent Assets
Evolve from reactive asset management to proactive data driven asset performance
- Empowered People
The connected and informed worker and manager
For more information, visit the Industry 4.0 landing page at sap.com
In part 2 of my blog post, I will be focusing on the first strategic Industry 4.0 theme:
The Intelligent Product.
Read all blog posts of this series:
- Industry 4.0 for Consumer Products Industry Part 1 – Overview
- Industry 4.0 for Consumer Products Industry Part 2 – Intelligent Product
- Industry 4.0 for Consumer Products Industry Part 3 – Intelligent Factory
- Industry 4.0 for Consumer Products Industry Part 4 – Intelligent Assets
- Industry 4.0 for Consumer Products Industry Part 5 – Empowered People
- Industry 4.0 for Consumer Products Industry Part 6 – What´s in for you?