Despite continued volatility, manufacturers are cautiously realigning their businesses toward top-line growth while managing a multitude of challenges. KPMG’s new report, Global Manufacturing Outlook: Growth while Managing Volatility, provides an overview of the global manufacturing sector, along with observations and insights from a range of industry experts and leaders based on a recent industry-wide survey and executive interviews.
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Here is an excerpt from the report:
"Despite a generally profitable year, many leaders of global manufacturing firms face a number of challenges. Just as the global economy looked like it was gaining momentum, the Japanese tsunami struck, unravelling many global supply chains. Since then, volatility has become a key watchword, as a wide array of macroeconomic risks — most notably the European and US debt crises — raise uncertainty over future demand and the spectre of a “double dip” recession.
Yet executives at major manufacturers — organizations polled in an Economist Intelligence Unit survey representing firms with at least US$1 billion in revenue — are cautiously optimistic that they can realign their businesses toward top-line growth while managing the multitude of cost challenges."
Download the complete report, Global Manufacturing Outlook: Growth while Managing Volatility