Understand Industry 4.0

Published: September 17, 2020

WHAT IS INDUSTRY 4.0?

Industry 4.0 is also known as The Fourth Industrial Revolution. The Wikipedia description is “the ongoing transformation of traditional manufacturing and industrial practices combined with the latest smart technology.” In simple words it’s smart digital technology and manufacturing automation without the need for human intervention.

HOW DOES THIS AFFECT THE WHOLESALER?

Technology has evolved rapidly throughout recent years and it’s no secret that in many ways it has improved and increased the quality of our lives and businesses. Working with manufacturers that are implementing Industry 4.0 into your wholesale business means you end up with better quality product at potentially better prices and the option to stock more innovative products.

CHOOSE SUPPLIERS THAT ARE EMBRACING DIGITAL

Suppliers who have already adapted smart technology and manufacturing automation into their business are simply more reliable. This is because they produce more, produce faster, are more efficient and experience less downtime, meaning they have better product availability and quality. Not only that, they are also able to offer more transparent relationships due to automated track and trace capabilities. These suppliers will likely be eCommerce ready and will already have the correct product data in place.

 

From the Metpro Webinar “Become a Digital Wholesaler: Reduce Costs and More Using Digital Platforms”. Follow Metpro on LinkedIn for future events: https://www.linkedin.com/company/metprome

Download the full ‘Become a Digital Wholesaler Report here: http://bit.ly/digitalwholesalerreport

Order Electrical and Mechanical supplies from Metpro Online: http://www.metpro.co.uk

 

Robot Packing Photo by Franck V. on Unsplash