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In this video from the 2020 ARC Industry Forum in Orlando, Lance Fountaine from Cargill explains his company's Journey to Smart Manufacturing. Cargill is a large, vertically integrated global manufacturer of food, agricultural, and nutrition products with a complex supply chain and huge manufacturing base. According to Mr. Fountaine, smart manufacturing means more than just data; it encompasses automation, digitalization, and analytics. The company's digital supply chain strategy integrates its entire supply chain. In the "make space," OT/IT convergence comes into play for Cargill's smart manufacturing strategy. He explains that the substantial business opportunity for smart manufacturing involves reducing or avoiding costs, generating income, and reducing working capital; but is almost impossible to quantify in terms of dollars and cents.
ARC Advisory Group clients can see the complete video at ARC Client Portal.
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