Driving ROI With Manufacturing Tech: A Lean Plus Digital Approach

Driving ROI With Manufacturing Tech: A Lean Plus Digital Approach

Driving ROI With Manufacturing Technology



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Rapid changes in technology, and the many options available for the manufacturing sectors, have caused some manufacturers to hesitate when it comes to making investments in technology. A recent survey discovered that 76% percent of manufacturers find prioritizing tech investments difficult.

No company can make a good decision if the payback isn't clear. Manufacturers need to first figure out how to project the ROI on any tech investment they make. Secondly, they need to decide whether to build a solution, or buy a solution from an external provider and, in both cases, they must be aware of the amount of effort involved to implement. 

Too many manufacturers focus on immediate needs and don't consider what they