Schneider Electric (FR:SU) has released an update.
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Schneider Electric’s factories in Shanghai and Monterrey have been recognized by the World Economic Forum as ‘Lighthouses’ for successfully integrating Fourth Industrial Revolution technologies to enhance sustainability and operational efficiency. These innovations have resulted in significant improvements, such as a 67% reduction in lead time and an 82% increase in labor productivity for the Shanghai facility, and substantial growth, cost reduction, and environmental benefits for the Monterrey 1 plant. The company’s commitment to digital transformation is part of its broader Impact Supply Chain program, aiming to positively impact both customers and the planet.
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