digitalization

The Importance Of Digital Readiness Education For Manufacturing SMEs

Posted by Charing Kam on Monday January 22, 2018

 When it comes to digital commerce readiness in Singapore, Manufacturing SMEs are at a crossroad. SMEs tend to focus only on managing their core business and their margins, so innovation and digital commerce will inevitably fall by the wayside. In the meantime, companies (and countries) that proactively include digitalisation in their plans will increase their lead over the others. This is especially true for companies where margins are slim, or that have complex configuration and calculations, like Engineer-to-order (ETO) and Make-to-order (MTO) industries.

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Tags: Digital Commerce, Manufacturing, Singapore, Digitalization

Top 3 Manufacturing Industry 4.0 News You Should Know In January

Posted by Charing Kam on Friday December 29, 2017

We’re not in the business of looking back; as a software company focusing on Configure-Price-Quote solutions, our business thrives on looking forward, especially in the realm of Industry 4.0. We’re always working on the next release or a new way to serve our customers better. At the same time, with IoT, AR, and more innovations popping up each day, we can’t help but take notice. As we move into 2018, let’s look back at 3 pieces of news in December that caught our attention.

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Tags: Digital Manufacturing, Manufacturing Business, Industry 4.0, CPQ, Digitalization

Top 5 Manufacturing Industry 4.0 News You Should Know In December

Posted by Charing Kam on Thursday November 30, 2017

When it comes to Smart Manufacturing, or Industry 4.0, there’s always innovation happening around every corner in the manufacturing industry. Many large manufacturers have used Industry 4.0, from AR to IoT to Machine Learning, to streamline their businesses, increase productivity rates, and create brand new products. See our top 5 picks for innovations that you need to know about in December.

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Tags: Digital Manufacturing, Manufacturing Business, Industry 4.0, CPQ, Digitalization

Why The Manufacturing Industry Should Embrace Industry 4.0

Posted by Charing Kam on Friday November 17, 2017

The JPMorgan Manufacturing Purchasing Managers' Index (PMI) has steadily hovered above the 50 point mark (indicating expansion instead of contraction) in the last year. This month it has hit its highest since April 2011, at 53.5. This leaves the industry looking healthy for Q4, with many countries (including Singapore, Germany, and the United States) showing increased activity in the manufacturing sector.

How can your company get ahead of the competition, win more RFQs, get more business, and keep costs low? Well, unless your business has a very unique product, your opportunities lie with streamlining your processes and a profitable sales approach.

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Tags: Digital Manufacturing, Manufacturing Business, B2B Sales, Industry 4.0, CPQ, Digitalization, Customer Satisfaction, Internet of things

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