{"id":10402,"date":"2020-01-02T06:00:17","date_gmt":"2020-01-02T04:00:17","guid":{"rendered":"http:\/\/s38547.p1394.sites.pressdns.com\/uncategorized\/top-5-erp-technology-predictions-for-the-manufacturing-sector-in-2020\/"},"modified":"2020-01-02T06:00:17","modified_gmt":"2020-01-02T04:00:17","slug":"top-5-erp-technology-predictions-for-the-manufacturing-sector-in-2020","status":"publish","type":"post","link":"https:\/\/us.syspro.com\/blog\/erp-and-technology\/top-5-erp-technology-predictions-for-the-manufacturing-sector-in-2020\/","title":{"rendered":"Top 5 ERP Technology Predictions for the Manufacturing Sector in 2020"},"content":{"rendered":"

2019 was quite a year.\u00a0China became the first nation in the world to safely and successfully land a spacecraft on the far side of the moon\u00a0and who\u00a0could forget the\u00a0trade war between US and China.\u00a02019 was also the\u00a0year that\u00a0scientists came closer to curing diabetes by\u00a0turning\u00a0human stem cells into insulin-producing cells;\u00a0and the year we discovered that\u00a0the\u00a0Galapagos\u00a0tortoise isn’t extinct after all.<\/p>\n

<\/p>\n

Technology has also entered a new phase\u00a0and in 2020<\/strong>, I predict that there will be some exciting developments for the manufacturing sector.<\/p>\n

Here is my List of Top 5 Technology Trends\/Predictions for the Worldwide Manufacturing Industry in 2020:<\/h3>\n

1 – The Augmentation of Human Ability<\/strong><\/h2>\n

I see a world where technology will augment and add to human ability rather than replace it altogether. Chat bots or \u2018digital citizens\u2019 have enabled or augmented humans by allowing manufacturing businesses to make decisions much faster. What is important is the fact that the chatbot adds value by offering customers a 24\/7 touchpoint. Technology is simply enhancing human abilities in order to place the customer at the centre of a business.<\/p>\n

This has all been made possible through artificial intelligence.\u00a0\u00a0According to the Accenture\u00a0AI is the new UI<\/em>\u00a0report<\/a>, despite skepticism of AI as just another technology buzzword, its momentum is very real. 85% of executives surveyed stated that they will invest extensively in AI-related technologies over the next three years.\u00a0\u00a0<\/strong><\/p>\n

2 – The Circular Economy and the Evolution of Sustainability<\/strong><\/h2>\n

The circular economy is a simple concept.<\/strong><\/a> It essentially refers to the re-use of resources and the decrease in waste. For example, a plastics manufacturer could incorporate more recycled content in each packaging unit that they sell.<\/p>\n

According to Nielsen\u2019s recent global sustainability\u00a0report<\/a><\/strong>, 81% of respondents feel strongly that companies should help improve the environment by implementing programs to this effect.\u00a0\u00a0Technology can make this process a lot easier, with increased intelligence assisting managers and directors make decisions on a range of topics, from planning the factory floor in a more efficient manner, buying more energy-efficient machines, to looking at implementing a full green initiative.<\/p>\n

3 – Advanced Food Tracking and Packaging<\/strong><\/h2>\n

An article in the\u00a0World Economic Forum\u00a0site\u00a0indicated\u00a0that\u00a0according to the World Health Organization, about 600 million people suffer food poisoning every year,<\/strong> and approximately 400,000 die as a result. When an outbreak occurs, investigators can spend days or weeks tracking its source.\u00a0A good example is the recent recall of lettuce within the US where reports stated that\u00a0at least 40 people in 16 states had\u00a0reportedly gotten sick due to a strain of E. coli.<\/p>\n

Increasingly, technology is playing a more pivotal role in risk detection as opposed to disaster recovery. This is known as traceability, where technologies such as ERP allows manufacturers to meet the\u00a0consumer demands for food transparency<\/strong> <\/a>while enhancing the ability to\u00a0identify, respond to and even\u00a0prevent food safety issues.<\/p>\n

\u00a0<\/strong><\/p>\n

4 – Every Enterprise is a Platform<\/strong><\/h2>\n

According to the 2020 IDC Future Scape\u00a0Report,<\/a><\/strong>\u00a0by 2023, 60% of the G2000 will have a digital developer ecosystem with thousands of developers; half of those enterprises will drive 20%+ of digital revenue through their digital ecosystem\/platform. In a nutshell, this refers to how manufacturers could transition into more of a platform enterprise, where they make money from services delivered via apps and APIs on a scalable technical foundation.<\/p>\n

5 – Greater Customer Engagement<\/strong><\/h2>\n

Despite continuous technological shifts, one element remains the same: your customer experience journey needs to remain phenomenal.\u00a0In today\u2019s interconnected world, good customer service is reliant on\u00a0integrated workflows.\u00a0This has been made possible with technologies such as SYSPRO Enterprise Resource Planning.<\/strong><\/a><\/p>\n

Ultimately, the manufacturing sector has seen constant growth and change\u00a0over the last few years.\u00a02020 is sure to hold many\u00a0more\u00a0changes, but with the right technology systems\u00a0in place, the manufacturing sector can thrive into the future.<\/p>\n","protected":false},"excerpt":{"rendered":"

Reading Time: <\/span> 4<\/span> minutes<\/span><\/span>2019 was quite a year.\u00a0China became the first nation in the world to safely and successfully land a spacecraft on the far side of the moon\u00a0and who\u00a0could forget the\u00a0trade war between US and China.\u00a02019 was also the\u00a0year that\u00a0scientists came closer to curing diabetes by\u00a0turning\u00a0human stem cells into insulin-producing cells;\u00a0and the year we discovered that\u00a0the\u00a0Galapagos\u00a0tortoise isn’t … Read more<\/a><\/p>\n","protected":false},"author":278,"featured_media":10403,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[126],"tags":[280,281,276,88,25],"class_list":["post-10402","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-erp-and-technology","tag-erp-and-data","tag-erp-and-digitization","tag-erp-and-technology","tag-selecting-erp","tag-technology-or-enterprise-technology"],"acf":[],"yoast_head":"\nTop 5 ERP Technology Predictions for the Manufacturing Sector in 2020<\/title>\n<meta name=\"description\" content=\"With digital citizens, advanced food tracking and greater customer engagement, technology is set to play a pivotal role in manufacturing in 2020.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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