Let’s apply some practical maths knowing some real numbers and putting a very conservative value on the effect of digital tools like ERP and MES.
244,000
208,000
£340bn
manufacturing companies in the UK (2021, Statista figures)
remove companies <£3m and >500 employees - e.g. approx. 15% total
85% of the value of production in 2021 which was $400.8bn
The effect of digital tools like ERP and MES.
A 10% increase in output through efficiency equates to an additional £34bn a year.
Even a very conservative increase in productivity of just 3% from using this technology properly would add £10bn to the total value of production in manufacturing. And this does not account for the increase if all 244,000 companies received a mere 3% uplift.
£10.2bn
would equate to a conservative increase in productivity of 3%
Improving communication and collaboration
end up with a collection of disconnected technologies that may automate specific areas of the supply chain but fail to communicate or integrate with each other for complete automation. The result is often decreased productivity and a more severe lack of efficiency. DataSwitch provides a solution to this problem by enabling businesses to integrate and communicate various business systems through a single source. By setting up unique workflows, DataSwitch bridges the integration gap that many manufacturing businesses encounter, empowering employees to automate without requiring deep development expertise. This integration of disparate systems into a cohesive
One of the biggest barriers holding manufacturing businesses back from reaching their true digitalisation potential, is the integration and communication between different business systems, a problem which DataSwitch was developed to solve. Although many manufacturing businesses are adept at recognising the need for new systems and implementing them, they often do so reactively, rather than taking a strategic approach to their overall technology infrastructure. Consequently, these businesses
17 | A manufacturing productivity guide
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