Manufacturers face "unprecedented global complexity," according to a Jan. 12 blog post on the website for the Manufacturers Alliance for Productivity and Innovation (MAPI).
"The sector is now powered by software and data every bit as much as by steel and electricity," continued the post, which was authored by MAPI Marketing Council Manager Cam Mackey. "The ability to access insights about how to survive and thrive has never been more critical.
"Recent shifts in technologies, demographics and markets have created a new normal for manufacturers. Those that adapt quickly will emerge more innovative and agile than their competitors, but not without undergoing a transformation in everything from the people they hire to how they create value," Mackey observed in report titled, "The Impact of Megatrends on U.S. Manufacturers."
To view the entire report as a PDF file, click here. Or view the animated image below as it cycles through each slide of Mackey's presentation.
Related Glossary Terms
- computer-aided manufacturing ( CAM)
computer-aided manufacturing ( CAM)
Use of computers to control machining and manufacturing processes.
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