Finimpact

FAQs

What are the potential cost savings for implementing manufacturing IT solutions?

The potential cost savings are quite significant for a manufacturing company. If implemented correctly, IT solutions can optimize productivity, reduce downtime, streamline production, and improve supply chain constraints — all of which offer substantial savings potential for a company.

What are the current trends in manufacturing IT solutions?

Manufacturing is facing numerous trends, which currently includes supply chain resilience, challenges surrounding the workforce, a need for strong cybersecurity solutions, and using more sustainable practices in manufacturing, to name a few. 

How are AI solutions being used in manufacturing?

There are multiple applications for AI solutions in manufacturing now including using algorithms and data to find patterns not picked up by programming and analyzing videos and images, plus completing some tasks usually completed by humans.

About the Author

Sara Coleman

Sara Coleman

Freelance Financial Writer

Freelance writer with several years of experience covering personal finance topics such as insurance, loans, credit cards, budgeting and more.

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