Transformation is a mandate for the manufacturing industry. In the first three revolutions, we observed applications of mechanization, electrification, IT systems, and automation in the manufacturing landscape. With the advent of the internet of things (IoT), smart manufacturing systems provide real-time data, enabling visibility and actionable insights into operations and the supply chain. But the technology is just one piece of the transformation puzzle. Manufacturers must explore other factors like organizational culture, data management, and technology maturity, among others, for a successful transformation.
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