Manufacturing

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Manufacturing

Manufacturing Sector in Europe

Manufacturing is an important, vibrant, and perpetually changing sector in the economic landscape. It is seeing a rise in competition, with manufacturers facing mounting pressures from multiple fronts. At the same time, modern tools, alternative methods, and novel opportunities are being brought to the table for companies that are smart and quick to act. Regular transformations in the geopolitical context and routine disruptions in supply chains are part of the equation. All these factors make it essential for companies within this sphere to continually modify their strategies and uphold a consistent commitment to innovation. Companies can only sidestep risks and withstand threats if they are prepared to embrace change and evolution.

Valenta and the European Manufacturing Sector

Valenta-Manufacturing

Major manufacturing companies listed in the Fortune 1000 and large multinational organizations have benefited greatly from the expertise of consulting agencies, digital transformation companies, and staffing providers over the years. These external knowledge sources have assisted them in buffering and leveraging the impacts of globalization. Unfortunately, such resources have not been readily available to mid-sized manufacturers. However, these mid-sized firms could reap equally, if not more significant, benefits from such global service providers and outside experts. Valenta, concentrating exclusively on supporting mid-sized corporations, is equipped to provide such assistance. Our team is well-versed with all the technological advancements and innovations critical in today’s rapidly transforming industrial sector. Plus, our local managing partners, who have extensive experience in manufacturing and distribution, contribute added value to our client engagements.

Fourth Industrial Revolution & Industry 4.0

industrial-revolution

Today’s manufacturing entities are navigating the times of the Fourth Industrial Revolution. It all began with the First Industrial Revolution, which signified the transition to mechanization for production. This was followed by the Second Industrial Revolution, which welcomed the inception of technology and the earliest communication networks. The third phase, known as the Digital Revolution, saw computers and IT becoming integral to manufacturing. The ongoing Fourth Industrial Revolution is characterized by how modern-day companies are infusing cloud technology, cognitive computing, AI, and ML into the manufacturing process. This dramatic transformation is also commonly referred to as Industry 4.0.

The Top Challenges for Manufacturing Sector

Based on our experience and conversations with clients.

below are the top challenges faced by todays Manufacturing sector. Valenta can assist with all of these challenges through a combination of Process Consulting, Digital Transformation and Staff Augmentation :

Top-Challenges-of-Manufacturing
  • Supply chain disruption
  • Inventory management
  • Labor shortages
  • Capacity management
  • Robotics and Automation
  • Machine learning
  • Data analysis
  • Technical innovation
  • Project management
  • Competition
  • Globalization
  • Growth
  • Cost reduction
  • Staffing

How Valenta Assists the Manufacturing Sector?

At Valenta we can aid with today’s challenges and provide services that address, intelligent costing and procurement, supply chain optimization, distribution solutions and digital transformation. We can apply AI and ML to costing and procurement and provide data analysis and business intelligence solutions and services to our clients in the manufacturing space. When it comes to disruptions and changes in supply chains, we can also help clients adapt and react quickly. Distribution challenges can be equally as vexing, and we can implement analytics so companies can adjust before they become major headaches. All of this comes down to digital transformation and Industry 4.0 shifts. 

Valenta can help Manufacturing companies in the following ways. 

Process

Process

Manufacturing companies cannot afford to waste time or have inefficiencies in their organizations. Process issues appear frequently in rapidly growing companies. They can also creep into companies dealing with rapid change – like manufacturers. We look for waste in all processes and have staff available for process mapping, task mapping and business optimization. 

Repeatability, Execution

Execution

Excellence in execution is essential.  Great ideas and goals are only the beginning. Successfully implementing new strategies, projects, and plans is the difference between success and failure. We help our Manufacturing clients flawlessly execute. 

innovation

Innovation

Innovation is a key to success for all businesses. It is especially true for Manufacturing companies.  Competition, customers, and the business environment are always changing. Innovation is how companies can stay ahead of the competition and be where their customers will be.  We help our clients to be nimble and ahead of the curve. 

strategy

Strategy

Developing and executing the right growth strategies is critical. Our clients benefit from bringing in our expertise for hire. We can provide actionable strategy for our Manufacturing clients plus detailed plans for how to get desired outcomes and results.

Digital-Transformation

Digital Transformation

There is a tremendous need for companies to automate and adapt to new technologies and ways of doing business. Yet having these skill sets inhouse can be challenging. Valenta implements solutions such as RPA and Conversational-AI for businesses of all sizes at competitive pricing. Offloading this important function to us, helps companies focus on their core business. 

Growth

Growth

In today’s environment a business must grow or die. One of the most painful challenges is sustainable and profitable growth. Our team of partners, consultants, developers, and back office staff can implement a myriad of growth strategies for Manufacturing companies. 

Profits

Profits

The bottom line is crucial. Maintaining profitability and healthy cash flow is something every business must pay close attention to. Manufacturing companies often operate on tight margins. Valenta can identify opportunities for efficiency gains and can provide ROIs for all client projects. 

Support, Staff

Staffing

If current employees are under-skilled or not able to fulfill the requirements of positions, Valenta’s team of skilled and fully trained individuals can meet requirements. Hiring is time-consuming and there are not always skills available within budget. Staff Augmentation can bridge the gap of competencies and economics. 

Digital-Marketing

Digital Marketing

Marketing in the digital age is constantly changing and evolving and it can be hard to keep up. Manufacturing companies need to get the word out on their products and address their prospects and customers. Lack of expertise or lack of budget is not an issue with Valenta’s fractional full stack marketing services. There are a multitude of cost-effective marketing options that are effective when implemented correctly.

Services Valenta Provides for the Manufacturing Sector

Consulting

Consulting

An end-to-end solution, from strategy to implementation. Specializing in turning strategies into measurable and sustainable results.

Valenta provides Consulting services that can be of great value to the Manufacturing segment. We can assist companies in this space streamline their back office, supply chains, order entry, billing, customer support, accounting, finance and HR processes for peak efficiency and lowest cost. Savings generated can be devoted to improving production, enhancing infrastructure, improving distribution, or upgrading legacy software platforms. Valenta can also look for ways to use AI and ML to streamline procurement, production, and distribution.

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Digital-Transformation

Digital Transformation

Streamline workflows and improve productivity across business units. Implementing powerful tools to provide businesses with an unparalleled competitive edge.

Valenta Digital Transformation services can streamline back office processes by leveraging RPA and Conversational AI.  We can also leverage it for critical procurement, production, and distribution workflows. ML and AI can also be deployed as a service with flexible SaaS models.  Conversational AI solutions can be deployed to make manufacturing customer support agents and sales staff more efficient and better informed. All Valenta services are easy to scale up and ramp down which can be of great value to Manufacturing companies. 

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Support, Staff

Staff Augmentation

Focus on growing your business, let us take care of the rest and save up to 60% on staffing costs.

Manufacturing companies can also benefit from Valenta Staff Augmentation services. Hard to fill Data Analysts and Big Data Specialists can be supplied as well as Software Developers to improve operations. Back office roles like accountants, bookkeepers, IT staff and more can be filled quickly and cost-effectively so that the maximum amount of resources can be dedicated to production, engineering, and other strategic roles.

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Heat Maps for Manufacturing Sector Processes

Many processes lend themselves to automation in the Manufacturing space.  Please find the following Heat Maps highlighting Manufacturing Logistics Processes and the Customer Support area that are the best places to start with automation and digital transformation in this space. 

Supply Chain Management

Automation and AI in the Manufacturing Sector

oil-gas-automation

There are several different manufacturing categories including textiles, plastics, packaging, chemicals, electronics, automotive, aviation, petroleum, food production, consumer goods, durable goods, you name it.  Each operates in a very unique manner and operate under the framework set by their respective trade bodies or associations. 

While some manufacturing sectors are more regulated than others such as pharmaceuticals, food and beverage production, each sector must abide and comply with very stringent norms, this is where Robotic Process Automation (RPA) plays a very important role.

Horizontal functions such as administration, procurement, finance and accounting, human resources, and IT can easily be automated.  With more firms starting to use sophisticated ERP applications and other business intelligence tools, process owners can use RPA to generate reports or obtain information from various departments and monitor key metrics on a real-time basis.

BOTs can perform tasks at a far greater speed which allows management to make faster and more informed decisions.

How can Manufacturers Benefit from AI?

  • Streamline the Supply Chain
  • Boost employee morale, making them more productive
  • Improve Customer Engagement
  • Increase Operational Efficiencies
  • Reduce Human Error

AI Use Cases in Manufacturing Industry Worldwide as of 2020

Insights for the Manufacturing Sector

White Paper
How Can Midsized Companies Benefit from Staff Augmentation

White Paper
How Can Midsized Companies Benefit from Digital Marketing

White Paper
How Can Midsized Companies Benefit from Digital Transformation

White Paper
How Can SMB’s benefit from
Consulting services

White Paper
Top Conversational AI Use Cases Valenta & OneReach.ai

Find a Partner

Manufacturers can benefit from Valenta services. We have partners and staff onboard who understand this sector and who have experience in it. Everything we do at Valenta is about helping companies focus on and have time for what they do best and their core mission. We do this through process consulting, digital transformation, the automation of tasks, and by providing staff augmentation. Valenta is focused exclusively on SMB clients, typically enterprise customers with 10-1,000 employees. We have Managing Partners located in cities across the US, Canada, the UK, the EU, and Australia. Our Managing Partners work with other onshore consultants, plus offshore consultants, developers, and managers of outsourced staff to deliver the best services to our clients.  Please reach out here to locate a Managing Partner in your area.

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