IntroductionThe manufacturing industry continues to evolve as changing market and regulatory conditions impact businesses.
As a result, manufacturing companies will intensify their efforts to remove cost from their operations and drive revenues.
Datamonitor has identified three key themes that will be high priorities for manufacturers around the world.
This brief sets out their context and future role.ScopeLooks at the manufacturing industry from a global perspective.
Considers issues common to individual industries such as automotive and aerospace.HighlightsTraditionally, manufacturing companies have focused their business performance efforts on operational costs to enhance their bottom line.
From the early days of Adam Smith's division of labor theory, to completely un-manned production lines in the twenty first century, the extraction of cost through automation has been a primary goal.
Datamonitor believes that a more structured strategy to deal with supply-chain risk will determine the winning manufacturing companies within their respective markets.
Vendors will need to understand the ins and outs of how to approach an area that Datamonitor considers to be of critical importance in the coming years.Reasons to PurchaseUnderstand the key emerging issues for the manufacturing industry in 2007.
Discover Datamonitor's opinion on how the industry will evolve and the impact technology will have.