MedTech companies are struggling like most industries due to inflationary trends, however, the problem is further amplified for companies with a predominantly commoditized product portfolio.
The benefits of having a cloud-based MES include reduced HW and SW infrastructure cost, automation of validation activities, and better change control preventing re-validation efforts.
Healthcare is an industry that is almost recession-proof. Throughout the Covid pandemic, healthcare has shown strong resiliency and growth, with an industry value of over $10 trillion by 2022.
How does one implement an MES across multiple manufacturing plants, separated not just geographically but perhaps by operational style, IT infrastructure, work culture, and process technology?
Industry 4.0, much like the previous three industrial revolutions, demands, and drives change. It requires changes to be made in business strategy, leadership commitment, process technology, IT, value chain-wide integration, personnel engagement, and most importantly, in communication.
Is an ERP as a standalone solution enough to get manufacturers Industry 4.0-ready, without using a MES or another operations management solution? Can an ERP system replace a MES in a digital transformation project, and still provide the same benefits?
The term Autonomous Factory has gained popularity in the context of Industry 4.0. In this article, we will discuss what an autonomous factory means and how manufacturers with multiple plants across the globe can move towards this coveted autonomous manufacturing infrastructure in their value chains.