Modern companies are centering their current and future initiatives around sustainability, transparency, and resiliency.
According to EY, 2021 saw manufacturers deal with soaring operating costs, uneven demand patterns, and severe value chain breakdowns.
In response, many took measures to restructure their business, capital strategy, and competitive positioning.
Here are the three areas advanced manufacturing companies are prioritizing throughout 2022:
– Investing in digital to achieve operational efficiencies, expedite product innovation and improve visibility across the value chain.
– Meeting customer expectations to maintain strong relationships and hold onto their market shares.
– Launching sustainable products such as net-zero-connected buildings and electric aircraft to meet their decarbonization targets and enhance ESG reporting.
How are you adapting your manufacturing processes for the future?
