2024 State of Manufacturing Surveys reveals 76% of North American and European manufacturers are advancing digital strategies, but challenges persist in achieving full Industry 4.0 transformation.

Parsec’s survey shows 76% of manufacturers embrace digital strategies, yet supply chain, labor, and tech challenges slow Industry 4.0 progress.

AI is now within reach for small manufacturers, offering tools like IIoT and platforms like TrakSYS to boost efficiency, innovation, and agility.

Wrap up the year by assessing your business’ digital transformation strategies, compare year over year progress, and set expectations for the new year.

Optimize manufacturing with data-driven OEE: track performance, reduce waste, and boost efficiency using real-time insights for Industry 4.0 success.

Focus on efficiency, optimize operations, manage cash flow, explore partnerships, and stay adaptable for long-term survival and growth amid external pressures.

Agile manufacturing is key for 2024’s holiday season, balancing labor, demand shifts, weather, and supply chain disruptions with preparation and flexibility.

Sustainability needs data-driven strategies, as not all “green” practices are effective; companies must use insights to tailor impactful, efficient solutions.