This is how digitization can stabilize the uncertain economic situation

In today's economic climate, digitization is an important factor in cushioning economic uncertainties and stabilizing the economy. In this article, we show ways in which digitization can be used to strengthen the economy in the manufacturing industry and make it fit for the future.

An important adjusting screw to ensure corporate success in the current economic situation is to increase productivity - either to achieve more output with the same effort or the same output with less use of resources. Both ensure that companies remain lucrative in the long term. Digital software offers a whole range of tools to make business processes more efficient, flexible and productive - which helps to remain successful regardless of the current economic climate.

The Hoffmann Group Go Digital Store offers a wide range of software tools that can be used in the manufacturing value chain. From quotation costing, order planning and work preparation to manufacturing and quality control, these tools cover all areas of the value chain. They are a valuable support for companies that want to improve their competitiveness in an uncertain economic situation.

One area where it can sometimes be difficult to work efficiently is quote costing. However, there are ways to optimize quotation costing and thereby save time and effort.

With Spanflug Make, the manufacturing costs of turned and milled parts can be determined automatically - the system analyzes drawings or 3D models, calculates the necessary manufacturing steps and times, and generates a valid, market-driven price from this. If required, additional parameters such as manufacturing tolerances, fits and threads can be defined to make the calculation even more accurate. In this way, quotations can be generated more quickly and with less effort.

Up2parts has a similar purpose, but relies more heavily on the knowledge that already exists in the company's data - using a geometric similarity search, the system presents similar projects that have already been completed, on the basis of whose costs and calculation the new quotation can then be derived. The system thus makes it very easy to forecast costs and generate a highly attractive bid price from them.

The development of the economy in the near future remains difficult to predict. This makes it all the more important to use digital tools to make processes faster, more efficient and more successful. The Hoffmann Group Go Digital Store offers a wide range of offerings that can help companies prepare for the future and protect themselves against crises. Digitalization can help companies position themselves more firmly and respond to changes in the economic situation.