In the midst of the continuing focus on cost, some might say that manufacturers have hunkered down to weather the storm.
Those were the words of Jeff Dobbs, Global Sector Chair, Industrial Manufacturing at KPMG International, with the launch of KPMG’s Global Manufacturing Outlook 2013 report of May 2013. The report described how the market headwinds of intense global competition, slow to modest growth, public sector budget constraints, and Eurozone instability continued to challenge industry manufacturing companies to transform their business models and cost structures in ways previously unimaginable.
Beyond withstanding this storm, however, the report also alluded to an industry positioning itself for a new era of growth driven by innovation, collaboration across the value chain, and rapidly changing manufacturing and decision support technology.
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