Product development, demand management and supply network operations to be 2005 investment priorities, Manufacturing Insights predicts
Framingham, MA January 20, 2005 Manufacturers in 2005 will continue to look for ways to drive down the cost of information delivery while looking for opportunities to invest in product development, demand management and supply network operations, predicted Manufacturing Insights (MI), a newly launched IDC company that provides business and IT decision-makers with research and analysis.
MI said it would be releasing a report titled "Top Ten Predictions for Manufacturing in 2005" in late January.
"These predictions are based on IDC and Manufacturing Insights studies, conversations with industry contacts and our own industry experience," said Bob Parker, MI's newly appointed vice president of research. "We have identified intriguing opportunities and pivotal choices facing the manufacturing industry in the year ahead."
MI's top predictions include for 2005 include:
Framingham, MA January 20, 2005 Manufacturers in 2005 will continue to look for ways to drive down the cost of information delivery while looking for opportunities to invest in product development, demand management and supply network operations, predicted Manufacturing Insights (MI), a newly launched IDC company that provides business and IT decision-makers with research and analysis.
MI said it would be releasing a report titled "Top Ten Predictions for Manufacturing in 2005" in late January.
"These predictions are based on IDC and Manufacturing Insights studies, conversations with industry contacts and our own industry experience," said Bob Parker, MI's newly appointed vice president of research. "We have identified intriguing opportunities and pivotal choices facing the manufacturing industry in the year ahead."
MI's top predictions include for 2005 include:
- Profitable growth is again at the top of the manufacturer's agenda, but will come from emerging markets and new services.
- Smart companies will combine Lean, Six Sigma and IT investment oversight into a common transformation governance structure.
- Renewed interest in supply chain applications and projects that deliver "productive fulfillment."
- Supply chains will be calibrated to demand information, making the aggregation, organization and integration of this information critical to success.
- Use of best practices such as product portfolio management will be become more widespread.
