Multi-Modal Manufacturing Strategies

Recent Trends Blur the Lines Between Monolithic Manufacturing Methods

Manufacturing processes vary by industry, finished goods, raw materials, operations, customer preferences, and other factors. Traditionally, manufacturers deployed singular methods of manufacturing. This is partly due to the nature of their business and past limitations with legacy ERP business software. For example, most make-to stock and make-to-order manufacturers employ a V-model manufacturing process where multiple raw materials result in a single finished good. Conversely, remanufacturing and some batch process manufacturers use an A-model process, in which a single raw material produces multiple finished goods.

However, times are changing, and manufacturers now leverage multiple manufacturing modes concurrently. This dramatic market shift is necessary to compete in today’s digital world to meet demanding consumer and business customer needs. Further, modern ERP applications, additive manufacturing technologies, artificial intelligence with machine learning, and other advances continue to force manufacturers to reinvent business processes and go-to-market strategies.

This eBook identifies the industry trends impacting manufacturing strategies and business application features commonly found in ERP systems designed for each manufacturing method. Discover how to capitalize on modern technologies to adapt to changing customer requirements, fortify your supply chain, and boost sales by introducing innovative products in new markets. Any questions, contact Algorithm at info@algorithminc.com.