Supply Chain Digital Magazine April 2023 | Page 60

HCLTECH
processes and optimise further to become more competitive , productive , and profitable while ensuring business continuity .”
“ What does the future look like for digital and industry 4.0 ?” RP : “ Digitisation of the end-to-end value chain leads to greater productivity , growth , and sustainability . Digital and the industry 4.0 technologies are helping our manufacturing clients redefine their products and the process of making them . The way manufacturing clients design & engineer products , how products are sourced and supplied , how products are manufactured , and how products are serviced and renewed are changing with digital and industry 4.0 .”
“ Overall , industry 4.0 and digital are paving the way for increased revenue through higher productivity while ensuring the quality of the products — and all this is achieved by improved resource utilisation , higher employee throughput and reduced overall costs . This helps manufacturers take advantage and stay ahead of the curve .”
From this discussion , it seems organisations are yet to discover the benefits of digital transformation in relation to their productivity , as well as the overburdening sustainability agenda that businesses care to address .
The MVision framework , which is powered by MVision Nucleus , allows manufacturers to be ahead of the curve by leveraging services like Digital Foundation , Digital and Analytics , Digital Process Operations , Products and Platforms , and Cybersecurity , to name just a few and becoming data-driven organisations .

These solutions can be tailored towards a diverse range of different manufacturing processes . Enabling cloud services allows companies to utilise data and perform functions that keep them one step ahead of their operations . Meanwhile , the same services facilitate real-time adjustments optimise manufacturing with digital and industry 4.0

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60 April 2023