How manufacturers can embrace re-industrialization to ease supply chain woes
October 24, 2022 | 3 minute readManufacturers are facing new and more complex challenges as they navigate supply chain instability and a changing global landscape. New government mandates and corporate pledges are also calling on companies to implement green initiatives to help improve sustainability and lower carbon footprints.
This is why manufacturers are shifting efforts to focus on “re-industrialization,” which means “organizing national resources for the purpose of re-establishing industries.” To fully embrace re-industrialization, manufacturers must regain control over the supply chain, invigorate economies, find new process efficiencies, and increase the sustainability of operations.
But how do manufacturers get started?
Our new ebook, “The new face of manufacturing,” outlines how modern tools and processes can help manufacturers meet these goals while improving predictability and profitability.
Oracle’s Emerging Technologies, Construction and Engineering, and Industrial Manufacturing business units have teamed up to explore the future of manufacturing around the world and how new and emerging technologies can help manufacturers meet their needs in this new age.
Emerging technologies, connectivity, data, and product lifecycle management are just a few of the key examples the ebook highlights to help manufacturers rethink processes and prepare for this new era.
“The use of data for predictive analytics has been increasing the ability to anticipate issues before they happen and avoid costly mistakes by taking pre-emptive action. If steam engines and electricity powered the last industrial revolution, data is definitely driving the Fourth Industrial Revolution,” says Karthik Venkatasubramanian, global vice president, data strategy and development, Oracle Construction and Engineering.
Oracle takes action
Oracle’s Emerging Technologies, Construction and Engineering, and Industrial Manufacturing business units have teamed up to explore the future of manufacturing around the world and how new and emerging technologies can help manufacturers meet their needs in this new age.
To further our commitment to sustainability goals, Oracle recently opened a new industry lab in Reading, UK. The lab serves as a test bed for green technologies and showcases sustainable best practices across multiple industries.
While many global factors remain unpredictable, one thing is certain. Oracle has proven modern technology to enable Industry 4.0 so manufacturers have what they need to rethink their businesses, attain re-industrialization goals to strengthen and secure supply chains, and protect the environment. Stay tuned as we share new and exciting updates around our sustainability efforts.
Oracle Construction and Engineering, the global leader in construction management software and project portfolio management solutions, helps you connect your teams, processes, and data across the project and asset lifecycle. Drive efficiency and control in project delivery with proven solutions for project controls, construction scheduling, portfolio management, BIM/CDE, construction payment management, and more.