Drivers that shape the manufacturing industry.
As a consequence of the economic turbulence, manufacturers have been forced to increasingly review their financial management processes: Markets, business models, manufacturing processes and other challenges along the value chain are all changing at an increasing speed in an increasingly interconnected world where new opportunities and threats appear constantly.
Some of the drivers behind these changes are so-called megatrends. The manufacturer of the future must take these megatrends into account in order to remain competitive, create value for its investors and secure its position as a partner of choice for its customers and other stakeholders. KPMG has identified and analysed ten overall megatrends, which are seen as most important in today’s manufacturing world.
This article represents the views of the author only, and does not necessarily represent the views or professional advice of KPMG in the UK.