As industry continues to shift and evolve, manufacturing executives across all sectors face a lengthy list of challenges. Below are just a few of the most pressing obstacles.

  • Agility
  • Big Data fatigue
  • Broken supply chain
  • Complex systems
  • Competition
  • Cost pressures
  • Improving quality
  • Increasing throughput
  • Innovation
  • Regulation and compliance
  • Skills shortage
  • Tariffs

However, take a step back and think about what is actually putting pressure on these professional’s revenue; growth, cost reduction, and risk mitigation. This much shorter list has not changed in ages. What has changed are the solutions. And the solution with the most significant opportunity for success? Moving downstream in the product lifetime process.

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This article first appeared on Thomas Industry Updates on March 11, 2019

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