Manufacturing companies need to change because the world around them is changing. We are now in the “Internet of Things,” an era featuring new channels in which companies can engage customers all powered by the cloud. Everything is on the Internet, from light bulbs, to cars, to toothbrushes.
To survive in the new economy, manufacturing companies need to adapt to several major trends, including new customer fulfillment strategies and supply chain models. Manufacturers need to respond to ever-quickening business events like new acquisitions, changes in demand, new products, different types of supply chains.
In addition, they need mobility so they can respond to changes wherever they are. In short, the companies need all the features that are organic to the cloud so they can stay competitive in today's manufacturing climate.
According to the IDC report, The Journey Toward the Factory of the Future, 43% of manufacturers are building the factory of the future. The factory of the future includes features like continuous visibility to support changing business demands. It will also benefit from the social feature of the cloud, because it will enable manufacturers and their supply chains to communicate about changes in order demand and supplies, and make decisions in real time. With tools like Salesforce Chatter, the communication will remain with the transaction.
To reshape the factory model, companies need ERP systems that are agile, easy to install, use and upgrade. They need real-time visibility and the ability to collaborate with their clients, partners, and employees.
Applications built on the cloud are supported by an “architecture for change” because of elements such as:
Kenandy CEO and Chairman Sandra Kurtzig discusses the new requirements for manufacturing in InformationWeek. Hear more from Sandy on Wednesday, January 8th, 2014 when she joins Marc Benioff on stage live for 'Welcome to the Internet of Customers.' Tune into Salesforce.com/LIVE at 9:30 AM PST.
Sandra Kurtzig is chairman and CEO of Kenandy, Inc., the leading producer of cloud-based ERP software for global enterprises. She is the founder of ASK Computer Systems, which produced ERP software for minicomputers and became one of the ten largest software companies in the world. Kenandy ERP is built on the Salesforce Platform.
Register to join Sandra at the New York City Internet of Customers event on January 8th, 2014 at the button below.