New operating models that drive transformation of manufacturing enterprises
The adoption of technological capabilities such as automation and philosophies such as Lean have helped manufacturers evolve over the decades. The next wave of transformation in manufacturing enterprises will be driven by high software usage, cognitive technologies, sustainable and circular business models, and personalized services and products. All these changes are compelling manufacturers to relook at their traditional linear value chains and operating and business models.
To create new business models and offer customers personalized products and services, akin to the segment of one concept, manufacturers can draw inspiration from the human neural system. TCS has defined a thought leadership framework called Neural ManufacturingTM that is backed by a contemporary architecture and highlights the neural capabilities that will form the backbone of value chains of the future. Investing in digital platforms and an information fabric will lay the foundation for these new-age value chains, where manufacturers can collaborate, connect, and draw intelligent insights.