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Success, headwinds and digital solutions in new report on U.S. manufacturing

Posted by Gino DiCaro, VP, Communications on Feb. 1, 2019

The U.S. manufacturing industry appears back on track and is likely to surpass growth expectations for two consecutive years in a row, according to a recently released Deloitte report on the sector.

On one hand, manufacturing is firing with output humming, an increase in capacity utilization and solid performance results. On the other hand, tensions loom in the background with supply chain demand that outpaces supply, and an ever increasing shortage in skilled talent.  (Sidenote: These factors can often multiply out in California where we are struggling to keep up with the country's resurgence.) Amid the national headwinds is a move toward digital and advanced technologies that are transforming the manufacturing business model.  Digital often holds the fate of industrial manufacturing companies and will do so tremendously in the years to come, according to the report.  

The Deloitte report provides some observations and predictions for our great industry -- themes include M&A's among an influx of digital technologies, building supply network resilience in an uncertain trade world, talent recruitment and retention, and the sector's overall digital maturity.

Click here for PDF of report

 

 

 

 

 





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