Manufacturing Sector - Building The Industry 4.0 Environment

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While the manufacturing sector was already shifting towards the Industry 4.0 landscape, the pandemic compelled it to innovate and adopt digital solutions at an accelerated pace.

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Invest in technology to build a remote and hybrid office work culture to enhance operational efficiencies in SMBs. Market fluctuations, an increase in consumer demands, and cut-throat competition with marketing giants have been never-ending challenges for small and mid-sized businesses. The outbreak of the pandemic did wreck the backbone of Small & Mid-Sized Business and with the economy trying to recover, SMBs are likely to witness upcoming oddities. With inflation witnessing a rise in February 2022 by 2.47 percent, it has turned out to be a major challenge for SMBs in recent quarters. Small businesses need to tighten up their seat belts to change the game by offering exceptional customer services, enhanced customer relations, and ensuring operational efficiencies. Having backed up by appropriate technology is the only key to sustenance and plasticity for small businesses. However, 70-80% of small businesses still lack the available technology. This piece of writing will highlight a few challenges that small businesses are likely to witness while adjusting technology in 2022 and avenues to keep pace with the same. But before this, let’s have a glance over a few benefits of how small businesses can benefit from a technology solution.

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1. MANUFACTURING SECTOR - BUILDING THE INDUSTRY 4.0 ENVIRONMENT While the manufacturing sector was already shifting towards the Industry 4.0 landscape, the pandemic compelled it to innovate and adopt digital solutions at an accelerated pace. Business Growth Industry’s Priorities Customer Experience Focus on survival while curtailing job losses Expedite digital tools’ adoption Improve connectivity and lead generation Optimise communication with customers Invest in collaboration channels to counter WFH challenges Work on early-stage brand building Operational Resilience Minimise the impact of disrupted supply chains Optimise workforce productivity with connectivity and data access Get expert guidance on technology details and adoption Cost Optimisation Consolidate enterprise data centres Leverage IoT to digitally optimise ﬁeld service and reduce costs Avoid shadow IT KEY FINDINGS Contact TTBS to know more about how you can make your manufacturing operations more resilient with digitalisation. Moving to digital collaboration platforms for business continuity Addressing network issues in remote work Optimising lead generation techniques Deploying cloud-based contact centres with the ability to divert calls to mobile #TimeToDoBig 1800-266-1800 www.tatatelebusiness.com | dobig@tatatel.co.in | Follow us on Top issues that demand attention today Decline in revenue Employee layoﬀs Business survival concerns Supply chain disruptions Productivity loss with abruptly suspended operations As manufacturers recuperate from the pandemic’s shocks, they welcome Industry 4.0 tools to build business resilience and enable more employees to connect online - across geographies and functions - while working from home. In this changing landscape, the main priorities are: To know more about the digital solutions for the manufacturing sector click : https://www.tatatelebusiness.com/industry/manufacturing

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