Since the Industrial Revolution in the mid-18th century, manufacturing productivity has dramatically increased, and people have been able to obtain a wide range of goods at low prices, leading to a society where people can enjoy affluent lifestyles.
However, as the manufacturing industry matured, the division of labor accompanied by specialization complexified, making the industry extremely illiquid. Thereafter, the digital revolution of the 21st century brought about social changes equivalent to the Industrial Revolution, and many hardware functions were replaced by digital technology. Despite this environment, the manufacturing industry could not get on board with digitalization in a timely manner as they were caught up in their monoculture nature, old-fashioned business practices, and transaction styles. As a result, many manufacturers and wholesalers went out of business.
In the past, the manufacturing industry had taken on the role of advancing society and enriching people, but its former vitality was starting to get lost. Therefore, there is a need to rejuvenate the industry and evolve in a way that met the needs of this new era.