OEM buyer expectations are changing with Industry 4.0 and manufacturers that are able to adapt will have a competitive advantage.
Companies like Protolabs and Xometry are investing hundreds of millions of dollars to implement Industry 4.0 technology to improve the buyer experience. Most recently, Protolabs acquired 3D Hubs for $280 million for the front-end buyer experience and customer base they have built. Investments like these are changing what buyers expect and demand from their manufacturing partners which can either be seen as a burden or an opportunity. While the term Industry 4.0 covers a wide array of digitization and modernization strategies, there are several concrete ways that job shops and contract manufacturers can efficiently adopt new technology to gain a competitive advantage over shops that are slow to modernize.
In this webinar, Paperless Parts will explain how OEM buyer expectations are changing and provide practical steps that you can take to meet those expectations with Industry 4.0 technologies in the front office.
- The new role of buyers and their changing expectations
- The Industry 4.0 must-dos versus the nice-to-haves
- Cybersecurity requirements and why you should care
- Ways to reduce risk by creating a digital thread from your front office to the shop floor