Australia

Details

  • Industry: Building materials, Industrial Manufacturing, Food, Drink & Consumer Products
  • Type: Survey report
  • Date: 15/06/2012

Global Manufacturing Outlook

Global Manufacturing Outlook
This series looks at how industrial manufacturers are adapting their business models and supply chain tactics to address the changing global economy.

Global Manufacturing Outlook 2012: Fostering growth through innovation 

While macroeconomic uncertainties still abound, global manufacturers are using the low-growth environment to ramp up their innovation activity, increase efficiency, and add value to their offerings simultaneously.
Global Manufacturing Outlook 2012 cover
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KPMG's 2012 Global Manufacturing Outlook: Fostering Growth through Innovation, examines an industry experiencing transformational shifts and the strategies manufacturing leaders are using to adapt to ongoing volatility, drive innovation, and position themselves for both top and bottom-line growth.

 

Key insights

  • Manufacturers are ramping up their innovation efforts to improve their offerings in anticipation of extra orders and to make themselves even leaner.
  • 72 percent of respondents worldwide believe the “next wave of transformational innovation” in manufacturing is either underway or will begin in 12 to 24 months.
  • One of the strongest trends to emerge from this year’s survey was the high level of innovation activity in emerging markets.