Throttled by their legacy systems and data silos, manufacturers are looking for new ways to bring all of their processes onto unified data systems. The digital thread helps them break through these barriers and fully leverage the power of data-driven manufacturing.
Using cloud-based applications, the Internet of Things (IoT) sensors, AI, machine learning (ML) and predictive analytics, manufacturers can effectively track raw materials, components, parts, factory machines, final products and transport — all from end to end.
This “digital thread” helps companies monitor real-time digital signals and predict potential disruptions, move beyond task automation to address end-to-end process flows and deliver high-quality, actionable insights to help make the right decisions at the right time.
This Top Tips from Oracle outlines the steps that manufacturers can take to implement digital threads, including:
- Centralize your product data master and get all team members working from a common, unified data set.
- Connect product engineering processes with manufacturing and service.
- Utilize integrated business planning to tie together sales, finance, and operations.
- Connect your lead-to-order process.
Click here to access the Top Tips that will help you sew the digital thread for smarter manufacturing.
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