IT Trends in Manufacturing
The recent global recession has forced many manufacturing companies to look into extreme cost cutting measures and liquidate their inventories. With the world now in a stage of economic recovery, consumers are opening their wallets again and are demanding more goods, leading to an increase in production output for manufacturing organizations. But rather than simply ramping up productivity, workforce and inventory levels to pre global recession levels, many manufacturers are first carefully investigating now how they can accommodate the increasing demand with their existing organization and production assets. After an era and years of industry wider restructuring, with increased globalization, mergers and acquisitions, many global organizations however now come to the rude awakening that their existing tools, structures, processes and data don't provide them the insights they are looking for to make sound strategic and operational decisions.
