What are the key trends shaping supply chain transformation?
Manufacturers are currently focusing on several key trends to reshape their supply chain operations. These include adopting circular manufacturing for sustainability, leveraging workplace automation to boost employee satisfaction, building closer relationships with customers for better insights, utilizing data to empower decision-making, implementing smart factories for increased efficiency, and using new tools for improved risk prediction.
How does workplace automation impact employee satisfaction?
Workplace automation has been shown to significantly enhance employee satisfaction. According to reports, 89% of digital automation users feel more satisfied with their jobs, and 91% believe it saves them time, contributing to a better work-life balance. By automating repetitive tasks, employees can focus on more complex and engaging aspects of their work, which can lead to higher productivity and job satisfaction.
Why is data important for supply chain management?
Data is crucial for effective supply chain management as it provides visibility into operations and performance, enabling faster and smarter decision-making. Digital leaders in the industrial sector report an average total return to shareholders of 47%, compared to 27% for their peers. By implementing data collection and analytics throughout the supply chain, manufacturers can optimize production, enhance efficiency, and better anticipate disruptions.
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