Predictions for 2024 also paint a bleak picture, urging modern manufacturers to scrutinize processes, supply chains, and automation levels to thrive in this demanding environment. Securing AI Opportunities:Generative AI, gaining traction since 2023, is expected to integrate into business systems and processes, particularly in supply chain management. ERP technologies support predictive maintenance by simplifying data collection and analysis, aiding in developing maintenance plans, reducing downtime, and enhancing operational efficiency. Digital Supply Chain Efficiency:In 2024, manufacturers will leverage digital platforms, like ERP systems, to enhance supply chain resilience, visibility, and agility. Digital supply chain solutions provide a unified view of operations, streamlining and automating activities without increasing operating costs.
