Challenges and actions
Manufacturing companies are challenged continuously in today’s volatile business environment. Responding to competition from emerging markets, developing new and innovative products and launching them globally, exposes manufacturing companies to a multitude of vital considerations that need to be explored and that are critical for the on-going success of the business.
- Cost reduction and productivity improvement
- Untapped growth markets
- Un-utilised innovation potential
- Better resource utilisation
- IT/ERP and Analytics
Cost reduction and productivity improvement
Although Swiss manufacturers responded superbly to the global financial crisis and recession of 2008/09 and have initiated comprehensive programmes to cushion the strong Swiss franc, there still remains a need to improve productivity in light of ongoing economic volatility and uncertainty. Read more about Cost reduction and productivity improvement.
Untapped growth markets
Despite the strong export focus and significant global presence of Swiss manufacturers, there is still considerable potential to tap into undeveloped growth markets that should play a more prominent role in the global economic structure of the next decades. Read more about Untapped growth markets.
Un-utilised innovation potential
Despite an innovation leadership and high manufacturing quality of Swiss manufacturers, there is still un-utilised innovation potential that could further enhance their attractiveness and competitiveness. Read more about Un-utilised innovation potential.
IT/ERP and Analytics
In the technology area, many manufacturing companies are neglecting to upgrade their infrastructure to enable differentiating performance and to remain competitive. Read more about IT/ERP and Analytics.