The Post-COVID Manufacturing Revolution, Part 2: Your Pace of Change
The Post-COVID Manufacturing Revolution, Part 2: Your Pace of Change
The Post-COVID Manufacturing Revolution, Part 2: Your Pace of Change
Jan 26, 2021
Jim TuttleIf 2020 taught us anything, itâs to expect the unexpected. But how do you prepare for a world that you canât predict?
The coronavirus pandemic has underlined the value of agility â building a business capable of moving quickly. It doesnât matter if you donât know where the market is heading, provided you can pivot easily.
In part one of our revolution series, we discussed how quickly manufacturing reacted to the initial impact COVID-19. Now itâs time to look further ahead.
Constant change may sound like a fearsome prospect, but itâs actually very empowering.
Manufacturers can capitalize on new ways to collaborate internally and create customer relationships. All you need is the right attitude â and the data to make smart decisionsâŚ
A Tale of Toilet Paper and PPE
To understand why agility is so important, we need to talk about the impact COVID-19 had on manufacturing operations.
At one end of the scale, we saw situations where demand massively outstripped supply. The global toilet paper crisis at the beginning of the pandemic is a fitting example. Even manufacturers that could respond to off-the-chart sales had to think on their feet, switching from big bundles for hospitality businesses to 4-packs for the domestic market.
At the other end of the scale, the âstay at homeâ message brought entire industries to a standstill. This, in turn, ground many production lines to a halt. Quick-thinking manufacturers responded by moving into personal protective equipment (PPE) production, hand sanitizer or medical equipment manufacturing, to support the COVID-19 front line.
Both these examples demonstrate the bottom-line value of rapid response. But changing direction means more than just thinking creatively. You need to be agile in your planning and scheduling, to prioritize new opportunities.
Moving At Speed
As we bounce back from COVIDâs initial impact, itâs time for manufacturers to ask yourself some honest questions about the agility of your operations right now:
How accurately can you monitor materials and adapt job schedules, based on whatâs actually available?
How quickly can you source components from alternative locations?
How effectively can you optimize people to maximize production, particularly when youâre working below usual capacity?
Can the technology youâre currently using support these critical areas â or is it time to go back to the drawing board?
Increasing pace doesnât just mean changing systems and processes. To fully move at speed, manufacturing businesses must unlock access to data. This data will generate the business insights you need to see where new opportunities lie. And technology will then enable you to pursue those opportunities.
Data Is the Engine of Flexible Change
As Deloitte explains, âthe events of 2020 may be a warning to develop better systems for navigating disruptions like the one we are currently experiencing.â Data is the engine behind that navigation system.
Whatever the market is doing now and whatever it does in the future, data is manufacturingâs most powerful tool. It will show you whatâs happening inside and outside of your business, so you can make profit-driven decisions.
In the short-term, data will give manufacturers the tactical insights you need to survive post-COVID. In the long-term, it will enable agile decision making and roadmap building â so you can pivot to stay profitable.
Your challenge for 2021 is to find a partner who can help you extract, interpret and act on data, for responsive planning and scheduling. A technology provider who enables both joined-up thinking and joined-up action, to increase your rate of change.
Apteanâs industrial manufacturing ERP is already giving businesses real-time access to critical data, for smarter business insights.
We canât predict whatâs coming up â but we can help manufacturers to react quickly to whatever lies around the corner. And itâs this ability to act on insight that will equip you to deal with future tremors in the manufacturing landscape.
Get in touch to talk to one of our manufacturing software experts about Apteanâs manufacturing ERP.
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