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A Slowing in Manufacturing, What it Could Mean for System Improvements

Global manufacturing is in a constant state of flux and recent data suggests that manufacturing is slowing in major economies. This is primarily attributed to inflationary pressures and a pullback in consumer spending.
While backlogs are sustaining production in some cases, they are shrinking in others. It is unclear how long a downturn in demand will continue to impact individual sectors. Processes like MRP, Supply Chain, and Logistics are growing challenges.

CPI

This presents obvious questions: As a producer, how well are we planning and how efficient is our production? Is now the right time to evaluate and improve our systems and processes? Is it time to consider new technologies like AI, robotics, or targeted niche system enhancements?

In our opinion, the best options are to prepare for growth or plan to outcompete. Staying at the forefront of systems and technology is a constant evolution and begins with leadership and the direction of the future. 

ERP Technology Partners provides services designed for organizations that are either behind the times or struggling with their current application architecture. Our unique approach integrates deep business and industry experience with technology best practices to define the path forward.