Most of us have heard the well-known phrase 'data is the new oil.' It's a metaphor that suggests that data is becoming an increasingly valuable resource in the modern economy, much like oil was (and still is) in the industrial era.
But just like oil, data can be slippery and elusive, and it needs to be transformed before it produces any value. Not to mention the fact that it could blow up in your face if you don't handle it properly.
The value of integrating trustworthy data really becomes apparent when it's gathered together in real time from multiple sources and can begin to deliver insights that you would not otherwise be able to summon
Today's complex business environment demands a lot from retailers and producers.
Consumers have become accustomed to world-class service at the touch of a button. Delays in delivery, issues with payment, or any other problems can lead them to drift away from your service and try something else. After all, it's right there at the click of a competitor's button.
Businesses are judged, often unfairly, against the industry leaders such as Amazon and Google and if they are found to be lacking in any way, then there are always plenty of other options for consumers to consider.
Today's online retail landscape offers services to consumers that would have seemed like science fiction just a few years ago. Much of that is thanks to the power of drop shipping - the revolutionary ordering method that lets businesses fulfill orders quickly without having to keep the products in stock.
But competition is fierce and buyers are fickle. Any delays are punished hard and fast.
Manufacturers need effective data transformation systems in order to be able to provide immediate and clear stock visibility to end users of all products and materials on-hand.
Now more than ever, you and your team need to be prepared for the sometimes daunting tasks that lay between your enterprise and the digital transformation of your dreams.
Luckily, Ariox is here to help get you up to speed on how you can enhance your manufacturing through Digital First Automation, and ensure your factories are operating as efficiently and effectively as possible.
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