Implement Digital Threads for Long-Term Flexible Access to Critical Data

Implement Digital Threads for Long-Term Flexible Access to Critical Data

Manufacturers of complex, configurable products, such as industrial equipment and consumer products with public safety regulations, must have quick access to critical life cycle data. CIOs can work together with supply chain leaders to implement digital threads for this need.

 

Key Findings

  • Rising complexity across products, processes and organizations requires improved connectivity and traceability of data to lessen risk and accelerate innovation without compromising product integrity.
  • While digital threads offer the benefit of traceability across networks of product stakeholders, implementers face challenges of inadequate data connectivity, insufficient data models, data privacy concerns and data quality shortfalls.
  • Manufacturers need product data from various sources across suppliers, partners and customers in a manner that improves ability to understand the evolution and support of products.
  • Although digital threads save time and money and improve business continuity, the investment and effort to maintain and upgrade them are significant and can be hampered by vendor lock-in.