The metal manufacturing and processing industry is projected to grow 3% globally over the next few years. The industry is constantly adapting to a wide variety of variables, including increasing customer demand, an aging professional workforce, increasing prices of raw materials due to tariffs, and metal fabrication becoming increasingly outsourced in order to decrease costs.
As the metal manufacturing industry adapts to the future, it requires both manual and automated processes, as well as a high level of safety and security to comply with the industry’s strict requirements. To meet these modern challenges, this industry is starting to integrate applications and supply chain management software like CRM, ERP, PLM, MES and SRM, and take advantage of innovations like IoT, automation and robotics to improve performance.
To remain competitive, metal manufacturers need to increase productivity and improve production quality in order to meet customer’s specifications while reducing unit costs. Investing in digital transformation allows businesses to gain better control of processes while ensuring better tracking of feedstock, with steel and aluminum being key materials. To achieve these goals, manufacturers must achieve end-to-end visibility of their processes.