After years of research, our show producer, Corey Brown, shares some fascinating statistics that will shock many leaders in the manufacturing industry. In this special episode, Brian shares his perspective on the real stories behind these surprising numbers.

Dozuki has helped hundreds of businesses with digital transformation on the frontline, and we're excited to share an inside look at our exclusive playbook.

The Frontline Digital Transformation (FDX) Masterclass is a free digital course that will give you all the tools to plan, build, and scale digital tools on the frontline. Hear from industry experts, apply learnings with interactive coursework, and test your knowledge to become an FDX Master.

Sign Up For Our Free Frontline Digital Transformation Masterclass

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1) The Modern Factory is Still Human-Powered

72% of factory work is still performed by people. 

Unlike the Industrial Internet of Things (IIoT), Frontline Digital Transformation (FDX) requires people in your business to behave differently in order for it to be successful.

Source: Kearney, The State of Human Factory Analytics

 

2) Loss of Knowledge is a Real Threat

97% of companies are worried about the financial impact of "brain-drain." 

Source: The Manufacturing Institute, The Aging of the Manufacturing Workforce

 

3) Start Digital Transformation Now, Waiting Will Cost You

Early "smart factory" adopters reap twice as many benefits - reporting a 20% increase in labor productivity.

Source: Delloite, Delloite & MAPI Smart Factory Study

 

4) Manufacturers Struggle to Reach Digital Goals

95% of industry leaders agree that digital transformation is essential to future success but less than 30% reach their stated goals.

Sources: Fictiv, The State of Manufacturing Report & McKinsey & Co, The 'How' of Transformation

 

5) Preparation is Everything with Digital Transformation

Of companies that aren't able to realize the benefits of digital transformation projects, 80% of that lost value occurs before or during the initial implementation.

Source: Mckinsey, Why Even Successful Transformations Fall Short

 

6) It All Starts with the Frontline Workforce

97% of digital transformation projects fail when companies fail to include operators and line managers early on in the process.

Among respondents whose companies’ transformations failed to engage line managers and frontline employees, only 3% report success, compared with success rates of 26% and 28%, respectively, when each of these groups is engaged.

Source: Mckinsey, Why Even Successful Transformations Fall Short

 

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Corey Brown

Written by Corey Brown

With a background in technical writing and engineering, Corey leads content and research efforts for Dozuki; providing helpful information and insights for manufacturing industry professionals.