Exploring Digital Transformation in the Manufacturing Industry: Challenges, Strategies, and Benefits
Year: 2024
Type: article
Abstract: The digitalization of manufacturing processes has a significant impact on the manufacturing industry, a vital part of any economy. Organizational survival and competitiveness depend critically on the results of Digital Transformation (DT). However, the phrase is not without its barriers, especially in the context of manufacturing. There is no agreed-upon definition of DT, but with scholars' views and experiences, defining factors of the term can be established. This article examines the term “Digital Transformation” and how it applies to the manufacturing sector, including its meaning, obstacles, solutions, and possible returns on investment for businesses. Included in the research is a comprehensive literature review focusing on DT's application in manufacturing and the difficulties and solutions that come with it. The results of this study emphasize the need of embracing DT for businesses to maintain competitiveness and longevity in today's dynamic digital environment.
Author: Aditya Bhatnagar Sharma
Institution: Amity University
Language: English
Subfield: Industrial and Manufacturing Engineering
Field: Engineering
Domain: Physical Sciences
Open Access status: hybrid
OpenAlex ID: W4405416781