• Industry: Industrial Markets
  • Type: Business and industry issue, Survey report
  • Date: 6/7/2012

Global Manufacturing Outlook: Fostering Growth through Innovation 

Global research commissioned by KPMG International from the Economist Intelligence Unit

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. KPMG's new report, 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.

A total of 241 senior manufacturing executives participated in the survey, which was conducted in February 2012. All respondents are responsible for, or significantly involved in, finance, supply chain, procurement or strategic development. Respondents represent the aerospace and defense, metals, engineering and industrial products sectors, including industrial conglomerates. All participants represent companies with more than US$1 billion in annual revenue; 33 percent hail from organizations with more than US$10 billion in revenue. Nearly half (41 percent) of respondents are C-suite executives or board members. They are geographically split among Western Europe (29 percent), North America (23 percent), Asia-Pacific (28 percent), Middle East and Africa (10 percent) and Latin America (10 percent).