The forest products industry could benefit greatly from shifting their strategies toward digital. As a whole, the industry faces a variety of challenges within the value chain—ranging from equipment reliability to lack of analytics in commercial operations, among others. By introducing digital technologies, some challenges may be eliminated. Four areas to focus include:
Optimize plantation and forestry operations to continuously increase yield and productivity and to meet quality demands.
Ease supply constraints to downstream processing activities and reduce working capital tied to the supply chain.
Enable technology transfer and skills development across the global organization.
Heighten customer experience and engagement to improve customer retention while controlling total cost-to-serve.
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