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Supply Chain
The Fourth Industrial Revolution—Industry 4.0—calls into question the very definition of manufacturing, blurring the lines between tangible and intangible, digital and physical, product and service. At its core, Industry 4.0 redefines how manufacturers derive and deliver value. According to BDO’s 2019 Middle Market Industry 4.0 Benchmarking Survey, 99 percent of middle market manufacturing executives today are at least moderately familiar with Industry 4.0.
This report focuses on an emerging alternative digital future for manufacturing, the “Internet of Goods." Three trends could lead to a manufacturing sector that uses information technology to boost productivity and create new markets.
The growth of middle market manufacturing has brought both unique challenges and new opportunities. This new report serves to better understand the environmental conditions, challenges, and opportunities middle market manufacturers currently face; uncover what the best-performing middle market manufacturers are doing to mitigate risks and capitalize on opportunities; and present key findings and best practices manufacturers can use to navigate the shifting environment.