Industrial Products & Services
Delivering industry insights
Deloitte’s Industrial Products & Services (IP&S) group is at the forefront of top trends and issues facing the industry. Deloitte’s industry professionals help industrial products manufacturers with complex business issues and help them navigate the evolving industry landscape. It is important to understand where and how they fit in the value chain at any given moment―a steep challenge given the potentially volatile nature of nearly every market segment in today’s global economy.
- About Deloitte’s Industrial Products & Services practice
- Key issues affecting IP&S companies
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About Deloitte’s Industrial Products & Services practice
The IP&S industry is ever changing. Rapid globalization, technological advancements, changing consumer preferences, and evolving government policies are reshaping the manufacturing industry, exponentially accelerating the pace of competition and continually raising the bar on company performance. We’re here to help you anticipate, plan for, and manage the dramatic swings that characterize your market.
Key issues affecting IP&S companies
Talent-driven innovation: The availability of quality skilled talent needed for advanced manufacturing in the high-ranking nations makes them highly competitive. The quality and availability of scientists, researchers, and engineers and the quality and availability of skilled labor are the two most critical individual drivers for industry competitiveness.
Economic, trade, financial, and tax systems: Trade, financial, and tax policies supplanted labor and materials costs, supplier networks, infrastructure, energy costs, and everything else as a more important driver of a nation’s competitiveness.
Cost and availability of labor and materials: Cost competitiveness of raw materials, competitive wage rates, and availability of raw materials are key to competitiveness.