Karen Donohue in R&D Mag

Digital technologies and advanced manufacturing are transforming production, driving a new industrial revolution known as Industry 4.0.

Creating a digital supply chain, one that’s more resilient and responsive to risks and opportunities, is essential. Many companies have already moved in this direction: A third of more than 2,000 industrial companies have digitized their supply chains while nearly three-quarters expect to by 2020, according to a recent PwC survey. The advantages include improved efficiency, greater revenue, and lower costs.

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