Cementing the Future: How ERP Systems Drive Efficiency in the Cement Sector

Cement demand is only going to rise in the future owing to demand for infrastructure, housing, and smart cities across the globe. The industry is to touch the $498.23 billion market by 2028 (at a CAGR of 5.4% in the next five years). However, socio-political and macroeconomic challenges such as the Russia-Ukraine conflict, unstable inflation, rising fuel prices, and stringent regulatory environment have posed significant challenges on the operational front. Manufacturers who can navigate these challenges have a chance to tap into the huge opportunity the cement market offers. A robust ERP solution could equip manufacturers to meet these challenges by offering tangible and timely insights into the operations to make swift strategic and tactical adjustments.
The prospects
Streamlining intricate operations and gaining real-time visibility is the foremost priority of all manufacturers. Each cement company has different touchpoints, each with its data silos. Often times the root cause lies in the disconnect between systems used for corporate decision-making and running shop floor operations. The disconnect is because cement companies have too many applications, but there are gaps as the existing solutions are broad-based and not custom-built for the requirement. The solution lies in creating a unified data backbone to have accurate and reliable enterprise data.
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