Growth opportunities are abundant. But challenges remain in the form of rising costs, supply chain issues, and material shortages. Manufacturers will be tasked with acquiring new talent, adding capabilities, and diversifying product portfolios to act as a foundation for growth.
A lack of resources—whether supplies or actual workforce—has been a challenge since the pandemic began. Manufacturers must remain agile and be prepared to take action to build resiliency in the short term to set up future successes.
Manufacturers have no shortage of data. The key is to derive actionable insights to improve decision-making and drive value. Digital technologies are expanding, creating both a challenge and opportunity for manufacturers to seize.
Growth despite uncertainty
Scarcity: Temporary or permanent?
Sorting through data and keeping up with digital trends
Volatile market conditions have created significant challenges for the manufacturing industry since the pandemic began. But endless opportunities await manufacturers who embrace digital as a way to improve efficiency with their data, resources, and workforce.