Uploaded on Jan 12, 2022
Digitalization is not specific manufacturing, warehousing or logistics issue; it's a business-wide challenge. Thinking of digitalization as many separate projects complicates the process and belittle the value it can bring to your business. To reap the full benefits of digitalization as described above, here are three tips to keep in mind as you set out to successfully digitalize your business.
Why your business needs digitalization_
Why your business needs digitalization?
Digitalization converts written and oral communication to electronic messaging that
everyone understands. This transformation is achieved through business networks and
wireless networks. Simply put, you can say that business networks digitalize everything in
the old world that required a written business document. Wireless networks digitalize
everything that was earlier managed by a phone call.
The main reason to digitalize your business is that digitalization is not a trend but how
the whole world is heading.
Digitalization aims to enable automation, increase data quality, and collect and structure
all that data so we can apply advanced technology, such as better and smarter software.
Digitalization outcomes are higher process efficiency, lower transaction costs, and better
control of business operations, both for the individual company and the network of
connected businesses.
Three-pointers for successful digitalization
Digitalization is not specific manufacturing, warehousing or logistics issue; it's a business-
wide challenge. Thinking of digitalization as many separate projects complicates the
process and belittle the value it can bring to your business. To reap the full benefits of
digitalization as described above, here are three tips to keep in mind as you set out to
successfully digitalize your business.
Start from the bottom up by establishing a business network.
Most digitalization showcases are singled-out projects. The tendency is to start with wireless
networks because the source is limited in scope, tangible, and "techy"— and we like "techy"
things.
Self-driving electric cars and trucks, fully automated warehouses, and robotics in production
are all incredible examples of wireless networks in action.
Robotics in manufacturing opens many doors — new career paths for employees, economic
gains, business growth opportunities — but it is a business network that takes your
innovation and success beyond your company walls.
Therefore, it's better to embrace the business dynamics and build your digitalization strategy
around networks that connect your different ERPs and applications. Because without a
business network, your underlying data quality will not be good enough for the rest of your
business applications to reach their full potential.
Tap into the power of high-quality data
The crudest way to start digitalizing written business communication is to scan physical
documents and digitize these business transactions. Today the infrastructure, regulations
and technology to implement end-to-end digitalization of your business transactions
already exist in most places across our globe.
Once you have all your transactions digitized, you can start collecting data. And this is
when it starts to get interesting. Essentially, any business is a small step from realizing a
digitalization strategy and tapping into Big Data. Most stop after digitizing the transaction
and thus miss the opportunity to digitalize the complete business network to start
harvesting the vast amounts of data in the transactions.
Opt for the holistic approach to digitalization
Business leaders seldom see digitalization's promised or expected benefits from a holistic
view. Still, if you continue to work with digitalization in siloed approaches, the full
benefits will remain untapped.
As a business leader, the strategic benefits of a holistic approach to digitalization are
immense – visibility over operations leads to better control, the cost of acquisitions drops
dramatically, the opportunity to identify and harvest arbitrage in both revenue and cost
increases significantly, transaction costs drop, environmental impact from operations
decreases, and that's just the tip of the iceberg.
More and more business leaders are starting to understand the importance of
digitalization and the benefits of approaching it with the big picture in mind. A business
network lays the groundwork for all your communication; a wireless network and
business applications demonstrate your ability to deliver innovation.
Contact us -
Address - Königsallee 2b
40212 Düsseldorf
Deutschland / Germany
E-mail - [email protected]
Website - https://www.tolga-akcay.com/
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